Multi-line Insurance

Below are the top 5 financial stocks on the NASDAQ and the NYSE in terms of free cash flows. Free cash flows at Berkshire Hathaway Inc (NYSE: BRK-A) for the latest quarter are $6.09 billion. BRK-A’s quarterly earnings growth is 206.30% y/y. Read more on this stock. Free cash flows at Allstate Corp...

Below are the top 5 financial stocks on the NASDAQ and the NYSE in terms of price to earnings. The forward P/E for American International Group Inc (NYSE: AIG) is 3.33. AIG’s share price has fallen 2.60% over the past 52 weeks, as compared to a gain of 31.95% in S&P500. Read more on this stock...

The stock price of insurer Genworth Financial Inc. (NYSE: GNW) climbed to a 52 week high on Friday when the company reported quarterly results that beat analyst expectations. Genworth Financial reported that 4th quarter net income available to common shareholders rose to $40 million, or 8 cents per...

According to the Wall Street Journal, employees of American International Group Inc (NYSE: AIG) have accepted cuts in retention bonuses with the understanding that these bonuses will be advanced to the first week of February. The bonuses were earlier scheduled to be paid out in March. The company...

Genworth Financial (NYSE: GNW) will post last quarter’s earning results after the market closes on Thursday. The life insurance company is expected to earn $0.11 per share versus $0.17 for the same quarter a year ago. Genworth Financial posted a surprise ‘beat’ last quarter, but fell well short of...

Former Treasury Secretary Henry Paulson said on Capitol Hill today that without a bailout of troubled insurer American International Group, Inc (NYSE: AIG), the unemployment rate would have reached 25%. Paulson testified before the House Committee on Oversight and Government Reform and was grilled...

What a day in the market! This morning Treasury Secretary Tim Geithner and former Treasury Secretary Hank Paulson will be on the hot seat regarding the bailout of American International Group (NYSE: AIG). The members on Capital Hill are wondering and asking why AIG was bailed out? The perception...

It's politics, not China, housing, or unemployment that is the biggest threat to the stock market these days. Specifically, traders are worried that the independence of the Federal Reserve, and thus monetary policy, will become politicized. CNBC's Bob Pisani told the Fast Money panel Tuesday...

Genworth Financial (NYSE: GNW) calls active on low volatility. GNW is expected to report Q4 EPS on January 29 and February 14 calls have traded 138 times on a transaction volume of 9,021 contracts versus its open interest of 17,915 contracts. According to Track Data, GNW’s February call option...

Earlier this month, Tishman Speyer and Blackrock Realty defaulted on the $4.4B debt financing their overleveraged $5.4B Stuyvesant Town/Peter Cooper Village purchase from 2006, in the second-largest CRE default in history. Now the 56-building property is being foreclosed on, in the largest...

Federal Reserve Chairman Ben Bernanke needs 60 more votes to be elected for a second term. According to a Dow Jones Newswires survey, 31 senators were publicly committed to voting for Mr. Bernanke, and 17 opposed. Senate Democratic staff members said that the Senate is expected to vote before the...

Below are the top 5 mid-cap financial stocks on the NASDAQ and the NYSE in terms of 5-year earnings growth. The five-year earnings growth estimate for Genworth Financial Inc (NYSE: GNW) is 36%. GNW’s market capitalization is $6.52 billion. Deutsche Securities upgraded GNW from “hold” to “buy.” Read...

Below are the top 5 mid-cap financial stocks on the NASDAQ and the NYSE in terms of revenue estimates. The 2009 revenue estimate for American International Group Inc (NYSE: AIG) is $94.03 billion. AIG’s market capitalization is $3.76 billion. AIG’s shares have slipped 3.59% over the past 52 weeks,...

According to the Securities and Exchange Commission, Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) reinsurer General Re has agreed to pay nearly $100 million to settle several charges and a lawsuit related to the company's involvement in accounting frauds by American International Group (NYSE: AIG...

The Wall Street Journal reports the American International Group Inc. (NYSE: AIG) has in recent weeks been in final negotiations to sell a big international life-insurance unit to rival MetLife Inc. (MYSE: MET) for $14.0-15.0 bn. A deal would return $9 bn already earmarked for the Federal Reserve...