Multi-line Insurance

Bank of America has lowered the price objective on Genworth Financial (NYSE: GNW) from $12 to $10 and maintains its Underperform rating.

Below are the top large-cap property & casualty insurnace stocks on the NYSE and the NASDAQ in terms of PEG ratio. American International Group Inc (NYSE: AIG) has a PEG ratio of 0.81. AIG's trailing-twelve-month revenue is $76.45 billion. Hartford Financial Services Group Inc (NYSE: HIG) has...

By EconMatters China's inflation jumped to its highest in three years with its consumer price index surging 6.4% year-over-year in June (See Chart Below). The spike has been fueled by escalating food prices despite that the central bank's effort to tame inflation by pushing up the RRR (Reserve...

China's consumer price index (CPI), the main gauge of inflation, rose 6.4 percent year-on-year in June, the highest level since June 2008, the National Bureau of Statistics (NBS) said Saturday.(…) Food prices, which account for nearly one third of the … Continue reading → Related posts:

Assurant, Inc. (NYSE: AIZ) announces the appointment of Elyse Douglas, 55, executive vice president and chief financial officer of Hertz Global Holdings Inc. and The Hertz Corporation, to its Board of Directors, effective July 6, 2011. "Elyse Douglas is a seasoned financial executive with an...

Winners: Atmel (NASDAQ: ATML) is up over 2.75%, trading near $14.85. General Motors (NYSE: GM) is up over 1.25%, trading near $31.26. Yahoo! (NASDAQ: YHOO) is up over 0.70%, trading near $15.60 despite a lawsuit by InnerWorkings (NASDAQ: INWK) alleging defamation. Ford (NYSE: F) is up over 0.75...

CNBC Fast Money's Tim Seymour said on the show that he would buy iShares MSCI Turkey Index Fund (NYSE: TUR) on Thursday. iShares MSCI Turkey Index Fund (TUR) gained 1.12% today, and it closed at $59.58. Guy Adami thinks that L-3 Communications Holdings, Inc. (NYSE: LLL) is a buy. L-3...

According to Bank of America, Hartford Financial Services (NYSE: HIG) reserves appear adequate. Bank of America said that squaring the reported loss and paid loss triangle suggests that HIG's year-end 2010 loss reserves were at least adequate and that there likely is still a cushion in this...

Fitch Ratings has upgraded Loews Corporation's (NYSE: L) Issuer Default Rating IDR and debt ratings as follows: --Issuer Default Rating IDR to 'A+' from 'A'; --Senior unsecured notes to 'A+' from 'A'. Fitch has also revised Loews' Rating Outlook to Stable from Positive. Approximately $700...

Doug Kass tweeted that he is buying Hartford Financial Services (NYSE: HIG), as the stock was upgraded by FBR this morning. At last check, shares of Hartford were up 24 cents to $24.96‎, a gain of 0.97%‎ in pre-market trading. The Hartford Financial Services Group, Inc., through its subsidiaries...

FBR Capital Markets has upgraded Hartford Financial (NYSE: HIG) from Market Perform to Outperform and has raised the price target from $32 to $35.

Hartford Financial (NYSE: HIG) is trading higher in pre-market on an FBR Capital upgraded. The company was upgraded from Market Perform to Outperform. Hartford Financial is currently trading at $25.01 in pre-market trading.

J.P. Morgan is out with its report today on AIG (NYSE: AIG), resuming coverage on AIG at Neutral. In a note to clients, J.P. Morgan writes, "We are resuming coverage of AIG with a Neutral rating and 12/31/11 price target of $32. We had been restricted on the company due to its restructuring and J....

Securities Investor Protection Act (SIPA) Trustee Irving Picard speaks as Manhattan U.S. Attorney Preet Bharara (L) looks on during a news conference in New York, annou... Go to http://SwingTradingDaily.com for full article, videos and real-time updates.

Securities Investor Protection Act (SIPA) Trustee Irving Picard speaks as Manhattan U.S. Attorney Preet Bharara (L) looks on during a news conference in New York, annou... Go to http://SwingTradingDaily.com for full article, videos and real-time updates.