Multi-line Insurance

• AIG (NYSE:AIG) reported adjusted earnings of $1.21, well above Zacks estimates for 48 cents, on revenues of $16.33 billion, which missed projections of $22.38 billion • Consolidated Edison (NYSE:ED) posted better-than-expected first quarter results of 93 cents versus Zacks expectations of 81 cent...

American International Group (NYSE: AIG) has reported its first-quarter results. The insurer has reported a first-quarter profit of $1.45 billion, compared with a loss of $4.35 billion it reported for the same period last year. Profit attributable to common shareholders stood at $294 million, or $...

American International Group (NYSE: AIG) reported first quarter net income this morning of $1.45 billion as markets stabilized and the company avoided cutting the value of its assets. Roughly $1.7 billion of the this quarter's profit came from businesses AIG agreed to sell during the first quarter...

US stock futures continued to fall today as investors continued to be worried about the health of the Eurozone. While futures on the S&P 500 lost 3.5 points to 1,169.20, those on the Nasdaq 100 fell 6.5 points to 1,963.00. Meanwhile, Dow Jones Industrial Average futures moved down 27 points. On...

Loews Corp. (NYSE: L) has posted impressive first quarter numbers. According to Barron’s, the conglomerate has reported earnings of 99 cents per share, beating the street estimates. Loews draws more than 50 percent of its earnings from insurance company CAN (NYSE: CNA). CNA also posted good...

According to an article on Wall Street Journal, some members of the Congress have placed risky bets with their own money on the probability of the fall of US stocks or bonds during the financial crisis. This analysis of congressional disclosures is shocking considering that senators have been...

Analyst Elizabeth C. Malone at Wunderlich Securities has released an update on HCC Insurance Holdings, Inc. (NYSE: HCC). The company is expected to report its first-quarter results on Wednesday. Wunderlich Securities expects HHC Insurance Holdings to report first-quarter EPS of $0.60. The...

• UAL (NASDAQ:UAUA) and Continental Airlines (NYSE:CAL) agreed to a merger which would form the world's largest carrier, for a total market value of $3.2 billion.  The deal still has to pass regulators • The cleanup of still-stewing oil spill in the Gulf could cost as much as $14 billion • ...

Prudential (NYSE: PRU) CEO Tidjane Thiam faces a tough task in persuading shareholders about the viability of the AIA deal. Reuters has reported that Prudential (PRU) has started meeting with its bigger shareholders in attempt to garner their support for the pact. Prudential is all set to make a $...

Loews Corporation has reported its first-quarter results (NYSE: L). The Company reported a first-quarter profit of $420 million, or $0.99 per share. For the same period last year, the company had reported a loss of $647 million, or $1.49 per share. Excluding investment gains, the company reported...

Hi Traders, How quickly things change! Shortly having seen a new record of 52-week highs last week, this week saw some of the most significant moves in the markets that I have seen in awhile, and it is not looking good. Fear ripped through the financial sector on Tuesday after Greek and Portuguese...

Shares of Metlife (NYSE: MET) are spiking higher today after the company reported EPS of $0.97 versus a net loss of $0.71 per share this quarter the year prior. The insurer also added that operating profit, which excludes net realized investment gains and losses, was $834 million, or $1.01 a share...

Adhering to the law of terminating rescission, passed earlier this year in March, UnitedHealth Care (NYSE:UIH) is the first in the race to continue healthcare benefits for policy holders even after they get sick. The next to join the bandwagon is WellPoint (NYSE: WLP), who has announced terminating...

3D Systems Corp (NASDAQ: TDSC) crossed its earlier 52-week high of $15.56 and created a new 52-week high at $15.82, up 2.53%. TDSC was upgraded by Canaccord Adams from “hold” to “buy.” AAON, Inc (NASDAQ: AAON) was another stock that made a new 52-week high at $24.10. AAON manufactures and sells air...