Multi-line Insurance

Genworth Financial (GNW) repaid the outstanding borrowings under its five-year revolving credit facilities. The outstanding amount of $480 million constituted $240 million of outstanding borrowings under each of the two facilities. The company repaid the debt from the proceeds from sale of...

Among the stocks that have moved lower in Friday's after hours trading session are Third Federal Corp. (NASDAQ: TFSL), Tim Participacoes SA (NYSE: TSU), Gerdau S.A. (NYSE: GGB) and Genworth Financial (NYSE: GNW). Volume in all of these names has been fairly light. Here is how these stocks are...

Genworth Financial (GNW) repaid the outstanding borrowings under its five-year revolving credit facilities. The outstanding amount of $480 million constituted $240 million of outstanding borrowings under each of the two facilities. The company repaid the debt from the proceeds from sale of...

(This is the second part of a two-part article, The first part can be found here.) How Best to Implement Progress There are also situations where things need to be imposed industry-wide. For example, any individual owner of a paper mill might decide that he liked to fish in the stream, and thus...

(This is the second part of a two-part article, The first part can be found here.) How Best to Implement Progress There are also situations where things need to be imposed industry-wide. For example, any individual owner of a paper mill might decide that he liked to fish in the stream, and thus...

Given the critical sustainability factor, we are downgrading our recommendation on American International Group Inc. (AIG) to Underperform from Outperform. The company's poor third quarter performance and the likelihood of more one-time charges in 2011 further justify the demotion. AIG's third...

Given the critical sustainability factor, we are downgrading our recommendation on American International Group Inc. (AIG) to Underperform from Outperform. The company's poor third quarter performance and the likelihood of more one-time charges in 2011 further justify the demotion. AIG's third...

American International Group, Inc. (NYSE: AIG) today announced the appointments of Brian T. Schreiber as Executive Vice President, Treasury and Capital Markets, and Robert Gender as Senior Vice President and Treasurer.

We are downgrading our recommendation on the shares of American International Group (AIG) on a poor third quarter performance and the likelihood of more one-time charges in 2011. Third quarter loss was dramatically behind the Zacks Consensus Estimate of earnings, primarily driven by $4.5 billion...

We are downgrading our recommendation on the shares of American International Group (AIG) on a poor third quarter performance and the likelihood of more one-time charges in 2011. Third quarter loss was dramatically behind the Zacks Consensus Estimate of earnings, primarily driven by $4.5 billion...

RenaissanceRe Holdings Ltd. (RNR) has agreed to sell its U.S. property and casualty business to an Australian insurer QBE Holdings, Inc. for about $275 million to get rid of its relatively small operation. RenaissanceRe's U.S. property and casualty business was underwritten through managing...

Key Points: 3Q Earnings season almost done, 484 or 96.8% of S&P 500 reports in so far. Strong earnings season, with a median EPS surprise of 4.92% and a 3.73 surprise ratio. While those numbers are down from earlier in the reporting season, they are still very good. Total of 347 positive...

Eastern Insurance Holdings, Inc. (Nasdaq: EIHI) announced today that its President and Chief Operating Officer, Michael L. Boguski, has been appointed to serve on the Company's Board of Directors, with a term as director commencing immediately. Mr. Boguski has served as EIHI's President and Chief...

RenaissanceRe Holdings Ltd. (RNR) has agreed to sell its U.S. property and casualty business to an Australian insurer QBE Holdings, Inc. for about $275 million to get rid of its relatively small operation. RenaissanceRe's U.S. property and casualty business was underwritten through managing...