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Genworth Financial Misses Badly (GNW)
Thursday, October 28, 2010 - 3:37pm | 20Genworth Financial Inc. (NYSE: GNW) reports Q3 earnings of $0.06 versus consensus of $0.25.
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Genworth Financial Announces Third Quarter 2010 Results: EPS of $0.04
Thursday, October 28, 2010 - 3:12pm | 75Genworth Financial, Inc. (NYSE: GNW) today reported results for the third quarter of 2010. Net income(1) was $83 million, or $0.17 per diluted share, compared with a net income of $19 million, or $0.04 per diluted share, in the third quarter of 2009. Net operating income(2) for the third quarter of...
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Assurant Beats Estimates - Analyst Blog
Thursday, October 28, 2010 - 12:03pm | 603Assurant Inc.'s (AIZ) operating earnings for the third quarter came in at $1.27 per share, ahead of the Zacks Consensus Estimate of $1.20. This also compared favorably with operating earnings of $1.07 per share recorded in the prior-year quarter. The earnings surprise of 5.8% was bought about by...
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Earnings Scheduled For October 28 (DUK, MSFT, XOM, MOT, MMM, MFE, DOW, FO, EXPE, CL, BMC, MXIM, MET, KLAC, VRSN, DBD, GNW, CAH)
Thursday, October 28, 2010 - 2:58am | 401Duke Energy Corp (NYSE: DUK) is likely to report its Q3 profit at $0.42 per share. Microsoft Corp (NASDAQ: MSFT) is projected to post its FQ1 EPS at $0.55. ExxonMobil (NYSE: XOM) is estimated to post its Q3 earnings of $1.38 per share. Motorola (NYSE: MOT) is forecast to post its Q3 profit at $0...
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Treasury Overstates TARP Success, Inspector General Says
Tuesday, October 26, 2010 - 12:10pm | 164Despite positive headlines on its success earlier this month, Neil Barofsky, the special inspector general for Treasury Department's bank bailout, the Troubled Asset Relief Program, issued a quarterly report to Congress that says the Treasury overstated the accomplishments of TARP to date. And the...
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American International Group CEO Robert Benmosche Diagnosed With Cancer (AIG)
Monday, October 25, 2010 - 4:38pm | 291According to a press release, American International Group, Inc. (NYSE: AIG) today announced that its President and Chief Executive Officer, Robert H. Benmosche, has been diagnosed with cancer and is undergoing aggressive chemotherapy. "The good news is that I feel fine, and I continue to work...
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The National Security Group, Inc. Declares Cash Dividend
Monday, October 25, 2010 - 3:35pm | 81On October 22, 2010, the Board of Directors of The National Security Group, Inc. (NASDAQ: NSEC), declared a quarterly dividend of $.15 per share. This represents an annual indicated dividend rate of $.60 per share. This cash dividend is payable on November 30, 2010 to shareholders of record...
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American National Announces Third Quarter 2010 Results
Monday, October 25, 2010 - 1:35pm | 104American National Insurance Company (Nasdaq: ANAT) announced third quarter 2010 net income of $47,056,000 ($1.76 per diluted share) compared to a net gain of $32,700,000 ($1.23 per diluted share) for the same period in 2009. Third quarter after tax operating earnings, which exclude net realized...
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AIG's AIA IPO Raises $17.9 Billion - Analyst Blog
Monday, October 25, 2010 - 9:03am | 598On the back of strong demand and good positioning in the market, the American International Group Inc. (AIG) has raised $17.9 billion, as the company vended off the 58.4% stake in its Asian life-insurance unit, American International Assurance Group Ltd. (AIA) by offering 7.03 billion shares...
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Hartford Vends off Canadian Unit - Analyst Blog
Friday, October 22, 2010 - 5:03pm | 347On Thursday, HartfordFinancial Services Group Inc. (HIG) announced that it has agreed to sell the mutual funds business Hartford Investments Canada Corp, known as Hartford Investments, to CI Financial Corp. for approximately C$1.75 billion in assets. Although the terms of the deal remain...
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Benzinga's Political Round Up
Friday, October 22, 2010 - 11:22am | 160Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) may borrow more than $350 billion from the U.S. government, should the housing market worsen, says the FHFA. AIG (NYSE: AIG) raised $17.8 billion in its AIA IPO in Hong Kong, as it looks to pay back the U.S. government for bailing the insurer out...
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AIG Called Higher After Strong IPO Demand (AIG)
Friday, October 22, 2010 - 7:48am | 77Shares of AIG (NYSE: AIG) are called higher in the pre-market, up 67 cents to $41.95 after demand for its AIA IPO went better than expected. AIG spun off its Asian AIA unit in a $17.8 billion Hong Kong IPO, as it looks to repay the U.S. government for bailing it out in 2008. American...
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AIG Asian IPO Prices At Top End Of Range
Friday, October 22, 2010 - 12:48am | 132American International Group (NYSE: AIG) said its Asian unit, AIA Group, expects to raise $18 billion in its initial public offering. AIA Group Ltd. said in a statement that shares in the initial public offering will be sold at HK$19.68 each -- the top end of an earlier announced range that...
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The Hartford Declares Quarterly Dividend of $0.05
Thursday, October 21, 2010 - 10:56am | 84The Board of Directors of The Hartford Financial Services Group, Inc. (NYSE: HIG) today declared a quarterly dividend of $0.05 per share of Common Stock, payable on January 3, 2011, to shareholders of record at the close of business on December 1, 2010. The Board also declared a dividend of $18....
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Zacks #5 Rank Additions for Thursday - Tale of the Tape
Thursday, October 21, 2010 - 7:36am | 337Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Aaron's Inc (AAN) Allegheny Tech Incorporated (ATI) American Intl Group Inc (AIG) Blueknight Energy Partners L.P (BKEP) Callaway Golf Co (ELY) View the entire Zacks #5 Rank List. AARONS INC (AAN): Free Stock Analysis Report...