-
Top 4 Stocks In The Life Insurance Industry With The Highest Dividend Yield (SLF, AV, MFC, ANAT)
Thursday, October 21, 2010 - 3:47am | 122Below are the top life insurance stocks on the NYSE and the NASDAQ in terms of dividend yield. Sun Life Financial Incorporated (NYSE: SLF) has a dividend yield of 5.10%. SLF's shares closed at $26.96 yesterday. Aviva Plc (NYSE: AV) has a dividend yield of 4.80%. AV's shares closed at $12.80...
-
Breaking Chinese Economic Data
Wednesday, October 20, 2010 - 9:36pm | 78The Chinese economic data is out: -The National Bureau of Statistics (NBS) said tonight that GDP for the third quarter came in at 9.6 percent. -Inflation rose in September to 3.6 percent, a 23-month high. -The food component of the CPI in the first three quarters rose 6.1 percent This data is being...
-
6 Potential Takeover Stocks
Wednesday, October 20, 2010 - 12:33pm | 280Below is a list of 6 potential takeover targets based on value and the ability to acquire the company. I do try to limit the size of the company so that there isn't anything like a Wal-Mart or Microsoft included. But all of the companies are 'acquirable' and have solid financials that would make...
-
AIG's AIA IPO Closes In Advance - Analyst Blog
Tuesday, October 19, 2010 - 2:27pm | 419Given the ramp up in the demand for shares of American International Group Inc.'s (AIG) Asian life-insurance unit, American International Assurance Group Ltd. (AIA), on Monday, AIG decided to close the AIA initial public offering (IPO) two days earlier than scheduled. Consequently, the...
-
10 Insurance Stocks That May Gain Up to 74%
Monday, October 18, 2010 - 9:44am | 265(TheStreet) -- Insurance stocks are some of the cheapest in the equity market. Aside from AIG (NYSE: AIG), which recently attracted capital from value guru Bruce Berkowitz of Fairholme Capital (NASDAQ: FAIRX), insurance stocks get little attention from the media. Warren Buffett earned a fortune...
-
The Hartford Appoints Executive Vice President, Strategic Initiatives and Enterprise Technology
Monday, October 18, 2010 - 9:30am | 54The Hartford Financial Services Group, Inc., (NYSE: HIG) today announced that James Eckerle, 51, has joined the company as executive vice president, Strategic Initiatives and Enterprise Technology. In this newly created role, Eckerle will report to the company's chairman, president and chief...
-
AIG Might Be Worth A Look On Strong IPO Demand (AIG)
Monday, October 18, 2010 - 7:42am | 210AIG (NYSE: AIG) might be worth a look here for a short-term trade to the upswing, as its Asian investment unit had much stronger than expected demand for its IPO. It shut the order book a full 2 days before expected, as institutional demand was far higher than expected. AIG is expected to use these...
-
Unconfirmed Rumor that GNW (Genworth Financial): industry chatter Sun Life has initiated prelim. talks w/ GNW offering $18.50-per-share cash & stk !!
Friday, October 15, 2010 - 8:42am | 37Unconfirmed Rumor that (GNW)Genworth Financial: industry chatter Sun Life Financial Inc. (SLF) has initiated prelim. talks with GNW offering $18.50-per-share cash & stk !!
-
Just How Bad Will Foreclosure-Gate Get?
Thursday, October 14, 2010 - 10:13am | 564Just how bad is "Foreclosure-Gate" going to get? This is the million-dollar question and the answer is as frightening as its implications: Nobody knows. For anyone who's been living under a rock for the past three weeks, let's recap. Three weeks ago, Ally Bank (formerly GMAC), dropped the bomb that...
-
GM CEO Predicts IPO To Be At $20 - $25 Share Price
Thursday, October 14, 2010 - 9:36am | 166A recent report released by USA Today said that When General Motors sells stock to the public, it will be priced from $20 to $25 a share, Chairman Ed Whitacre predicted Wednesday. Whitacre said it was still too early to give a time frame on when to expect the IPO as well as the stock's initial...
-
Genworth Announces Changes in Leadership Positions
Thursday, October 14, 2010 - 7:39am | 57Genworth Financial, Inc. (NYSE: GNW) announces that it will appoint Senior Vice President and Chief Financial Officer Patrick B. Kelleher as president and CEO, Retirement and Protection, and executive vice president of the company. Kevin Walker has been named senior vice president and chief...
-
Zeke Ashton Likes Fairfax Financial
Tuesday, October 12, 2010 - 1:06pm | 30Zeke Ashton spoke at the Value Investing Congress and said one of the insurance companies he likes is Fairfax Financial (NYSE: FFH).
-
Kathryn Mikells Elected To The Hartford's Board
Tuesday, October 12, 2010 - 11:30am | 70The Hartford Financial Services Group, Inc. (NYSE: HIG) today announced that the company's board of directors has elected Kathryn Mikells, 45, as a director of the company. Before joining United, Mikells spent six years in the financial services sector, including positions at GE Capital's (NYSE:...
-
ILFC Reaches 150th Aircraft Lease Milestone
Monday, October 11, 2010 - 9:20am | 118International Lease Finance Corporation (ILFC), a wholly-owned subsidiary of American International Group, Inc. (NYSE: AIG), today announced the recent lease placement of ten aircraft which brings the company's total lease placements year-to-date to 150. ILFC Chief Executive Officer, Henri...
-
Citi Maintains Hold On Prudential Financial (PRU)
Monday, October 11, 2010 - 5:41am | 133Citi Investment Research is out with a research report this morning, reiterating its Hold rating on Prudential Financial Inc (NYSE: PRU), after it purchased some AIG (NYSE: AIG) assets. It has a $62 price target on shares. In the research report, Citi notes, "Purchase of Star & Edison...