Multi-line Insurance

The May Challenger job-cut report was released today. According to the report, planned layoffs at the US companies stood at 38,810 in May. The May figure is slightly up from 38,326 in the month of April, when they touched a four-year low. "Announced job cuts have, for all intents and purposes,...

• Joseph A. Bank (NASDAQ:JOSB) posted better-than-expected first quarter earnings of 85 cents a share, up from Zacks expectations of 71 cents, on estimate-topping revenues of $178.1 million, ahead of Zacks estimates of $175 million • Prudential (NYSE:PRU) dropped from its offer to acquire AIG's (...

There are two words that investors fear inside of public companies:accounting irregularities.  That is what is hitting shares of Canadian Solar Inc. (NASDAQ: CSIQ) this morning.  The company said it was delaying the release of its first quarter results, which was “after regulators subpoenaed...

There are two words that investors fear inside of public companies:accounting irregularities.  That is what is hitting shares of Canadian Solar Inc. (NASDAQ: CSIQ) this morning.  The company said it was delaying the release of its first quarter results, which was “after regulators subpoenaed...

There are two words that investors fear inside of public companies:accounting irregularities.  That is what is hitting shares of Canadian Solar Inc. (NASDAQ: CSIQ) this morning.  The company said it was delaying the release of its first quarter results, which was “after regulators subpoenaed...

There are two words that investors fear inside of public companies… Accounting Irregularities.  That is what is hitting shares of Canadian Solar Inc. (NASDAQ: CSIQ) this morning.  The company said it was delaying the the release of its first quarter results, which was “after regulators subpoenaed...

Here's what Benzinga's reading around the web today. Benzinga's Daily Reading List And who said the oil spill was all bad? Maybe Obama can count the hiring sparked by BP (NYSE: BP)'s oil spill in the ever-elusive "jobs saved" category. Sh, don't tell the Tea Party about this article. The market...

• Prudential’s (NYSE:PRU) downwardly revised $30.4 billion offer for AIG’s (NYSE:AIG) Asian life-insurance puts the deal in jeopardy as AIG refuses to accept it • BP (NYSE:BP) shares fell nosedived 14% this morning after the its "top kill" effort failed to stop the estimated 12,000-19,000 barrels...

Hewlett-Packard (NYSE: HPQ), one of the world’s largest tech companies, will lay-off 9,000 people as it tries to boost the productivity of its biggest unit–enterprise services. The operations is about 25% of HP’s revenue and about the same portion of its operating income. HP enterprise services was...

The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and change, and credible rumors. It is, in effect, a...

• Royal Dutch Shell (NYSE:RDSA) announced that it agreed to buy privately held East Resources for $4.7 billion in cash to increase its shale gas exposure in North America • Prudential (NYSE:PRU) is reportedly trying to renegotiate its previous $35.5 bid for AIG's (NYSE:AIG) Asian AIA unit, as major...

Reuters:   Ford Motor (NYSE: F) may kill the Mercury  brand. Reuters:   Apple Inc. (NASDAQ: AAPL) is finding a flood of Asian buyers for the iPad. Reuters:   Prudential plc is in talks with American International Group Inc (NYSE: AIG) to cut the price of AIA. Reuters:   The euro dropped again as...

Prudential (NYSE: PUK) is in talks with American International Group (NYSE: AIG) to buy its Asian insurance business AIA. However, the Wall Street Journal has reported that Prudenital (PUK) and AIG (AIG) are now looking to lower the $35.5 billion price tag of the deal, so as to make it more...