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AIG to Report Third Quarter 2010 Results on November 5
Tuesday, November 2, 2010 - 7:46am | 73American International Group, Inc. (NYSE: AIG) will report its third quarter 2010 results before the market opens on Friday, November 5, 2010. AIG's Quarterly Report on Form 10-Q, earnings release, financial supplement, and a recorded comment from AIG President and Chief Executive Officer Robert H...
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American Financial Group Beats Earnings Estimates (AFG)
Monday, November 1, 2010 - 4:22pm | 232Cincinnati, Ohio based property and casualty insurance company American Financial Group, Inc. (NYSE: AFG) announced after the market closed on Monday that it beat consensus Wall Street earnings estimates. American Financial Group, Inc reported that its 3rd quarter net earnings rose to $132 million...
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Benzinga's Political Round Up
Monday, November 1, 2010 - 11:01am | 107AIG (NYSE: AIG) is set to repay $37 billion to the U.S. government, after it sold two subsidiaries in order to repay the bailout it received in 2008. Currency traders are losing their faith in the pledges made by the G20, as evidenced by the moves in the currency markets. A weaker dollar, which was...
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AIG Raises Nearly $37 Billion to Repay Government
Monday, November 1, 2010 - 6:27am | 166American International Group, Inc. (NYSE: AIG) announced today that it has raised nearly $37 billion to repay the United States government through its sale of one insurance subsidiary, American Life Insurance Company (ALICO), and the initial public offering of a second, AIA Group Limited (AIA)....
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Loews Corporation Beats Earnings Estimates (L)
Monday, November 1, 2010 - 5:40am | 154New York based commercial property and casualty insurance company Loews Corporation (NYSE: L) on Monday morning released financial results that beat Wall Street earnings expectations, while missing revenue estimates. Loews Corporation reported that its 3rd quarter net income fell to $36 million, or...
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Loews Reports Q3 Profit
Monday, November 1, 2010 - 5:22am | 54Loews Corp (NYSE: L) reports its Q3 EPS at $0.09, versus expected loss of $0.01. Loews reports its Q3 revenue at $3.7 billion, versus estimates of $3.8 billion. L's shares gained 0.54% to $39.70 in after-hours trading. Read more from Benzinga's Company news.
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Earnings Scheduled For November 1 (BHI, APC, AGN, PTV, GLW, HUM, VMC, NU, CNA, PFG, ED, L, ICE, SPG)
Monday, November 1, 2010 - 4:49am | 344Baker Hughes (NYSE: BHI) is expected to report its Q3 earnings at $0.47 per share on $3.81 billion in revenue. Anadarko (NYSE: APC) is estimated to report its Q3 EPS at $0.31 on $2.65 billion in revenue. Allergan (NYSE: AGN) is forecast to post its Q3 EPS at $0.78 on revenue of $1.18 billion....
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A VERY Busy Week Ahead - Earnings Preview
Friday, October 29, 2010 - 6:12pm | 4992Earnings Preview 10/29/10 Earnings season might be more than halfway through, but that does not mean a slowdown in the earnings parade. Next week, a total of 1,128 firms will report, including 100 of the S&P 500 firms. So far this has been a very strong earnings season, but there are still...
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Genworth Suffers 3Q Mortgage Loss - Analyst Blog
Friday, October 29, 2010 - 5:36pm | 546Genworth Financial Incorporation (GNW) reported third-quarter 2010 operating earnings of 6 cents, lagging the Zacks Consensus Estimate of 25 cents by a substantial 19 cents. Results were considerably lower than 18 cents reported in third-quarter 2009. Operating income was $29 million compared...
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Benzinga's Worst Performing Industries (RGC, GNW, LFC, HSIC, DELL, AAPL, PWER, ESIO)
Friday, October 29, 2010 - 5:24pm | 205Movie production and theaters industry dropped 2.45% today as Regal Entertainment Group (NYSE: RGC) slipped 4.46%, and closed at $13.50. Life insurance industry lost 1.76%, and Genworth Financial (NYSE: GNW) was the worst performing stock in the space. GNW dropped 9.94%, and closed at $11.33....
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AIA Shares Jump 17% in First Day of Trading, AIG Could Benefit (AIG)
Friday, October 29, 2010 - 11:26am | 266American International Assurance (AIA), the insurance unit that American International Group (NYSE: AIG) recently spun off into public trade, is up 17% in its first day of trading. With the closing share price of 23.05 Hong Kong dollars, the company is now worth $35.8 billion. According to a New...
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AIG's AIA Shines in Hong Kong Debut - Analyst Blog
Friday, October 29, 2010 - 9:03am | 473Following the biggest IPO in Hong Kong, American International Assurance Group Ltd. ("AIA"), the Asian life-insurance unit of American International Group Inc. (AIG), was successfully listed on the Hong Kong Stock Exchange, gaining as much as 12% at HK$22.05 (Hong Kong dollars), up from its IPO...
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Genworth Financial Dropping Sharply (GNW)
Friday, October 29, 2010 - 8:21am | 74Genworth Financial, Inc. (NYSE: GNW) is dropping sharply in pre-market trading, after the company missed earnings estimates last night after the bell. Genworth reported earnings of 17 cents per share, more than 400% higher than the same period a year ago. Excluding income from investments, GNW...
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J.P. Morgan Maintains Genworth Financial Rating
Friday, October 29, 2010 - 6:58am | 97J.P. Morgan reports that the third quarter results for Genworth Financial, Inc. (NYSE: GNW) “affirm our cautious stance on GNW.” J.P. Morgan said that although the valuation appears enticing, its fundamental outlook is cautious. “We are uncertain about the timing of a turnaround in US MI results,...
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Benzinga's After Hours Decliners (FSLR, APKT, NUVA, AMAG, CLF, GNW)
Thursday, October 28, 2010 - 6:44pm | 114Among the stocks that have moved lower in the after hours trading session are First Solar (NASDAQ: FSLR), Acme Packet (APKT), NuVasive (NASDAQ: NUVA), AMAG Pharmaceuticals (NASDAQ: AMAG), Cliffs Natural (NYSE: CLF) and Genworth Financial (NYSE: GNW). All of these names reported earnings after the...