Multi-line Insurance

Many democrats remained silent about U.S. President Barack Obama’s tax plan. The proposed fee would be based on bank liabilities and imposed on companies such as Citigroup Inc. (NYSE: C), American International Group Inc. (NYSE: AIG) and Bank of America Corp. (NYSE: BAC). Some of Obama’s fellow...

Below are the top 5 mid-cap financial stocks on the NASDAQ and the NYSE in terms of cash. American International Group Inc (NYSE: AIG) has total cash of $108.22 billion. AIG’s market capitalization is $3.91 billion. AIG has a total debt of $176.10 billion. Canadian Imperial Bank of Commerce (NYSE...

The Commercial Times has reported, citing unidentified sources, that Taiwan Life Insurance Co. Ltd. has submitted a bid for MetLife Inc.’s (NYSE: MET) Taiwan unit. The reported move by Taiwan Life comes after Waterland Financial Holdings Co. and Hontai Life submitted bids to acquire MetLife’s...

Who says the government doesn't know how to spend its money? The Federal Reserve last year generated record profits off its extraordinary efforts to rescue the country from financial ruin. The central bank announced today it generated a windfall of $52.1 billion. Of that total, $46.1 billion gets...

Following a strong preannouncement by Hartford Financial Services Group Inc (NYSE: HIG) for its latest quarter, several insurance companies opened higher this morning. Lincoln National Corp (NYSE: LNC) shares gained 1.90% to $27.91, while those of Principal Financial Group Inc (NYSE: PFG) rose 0.58...

Goldman Sachs Group, Inc. (NYSE: GS) was sued on Thursday by an Illinois pension fund seeking to recover billions of dollars of bonuses and other compensation being awarded for 2009, saying the payouts harmed shareholders. In a lawsuit filed in New York state supreme court in Manhattan on behalf...

There are almost as many trading strategies as there are investors in the market.  That’s why countless newsletters, stock services, and web sites sell their picks to anyone with a credit card.  Investment publishing is big business. Though most publishers tack on tiny disclaimers saying something...

Shares of Sinopharm Group jumped on fund buying fueled by hopes for more merger and acquisition deals as China's largest pharmaceutical products distributor moves to expand its revenue base. William Lo, analyst at Ample Finance Group (NYSE: AFG) has a very bullish view on the stock as Sinopharm is...

Below are the top 5 mid-cap financial stocks on the NASDAQ and the NYSE in terms of sales growth estimates. The sales growth estimate for American International Group Inc (NASDAQ: AIG) for this quarter is 746.9%. AIG’s market capitalization is $4.04 billion. AIG’s shares fell by 11.30% over the...

I have not posted about investing maven Ken Heebner in quite a while; in fact until a reader asked me a question about him in one of the comments yesterday I had not looked at the portfolio holdings of CGM Focus (CGMFX) - his flagship find - in many months.  Looking at his current holdings (well...

Better holiday sales and rising commodity prices pushed stocks to their sixth straight gain and new highs for 2009.  The market is back to levels not seen since the fall of 2008, around the time of the collapse of Lehman Brothers. Major indexes edged higher in light trading on Monday after sales...

STEC, Inc. (NASDAQ: STEC) has jumped 1.14% to $16.84 in the pre-market session. The 52-week trading range for STEC is $3.70 - $42.50. In the last trading session, Stec closed at 416.65. So far in the current year, STEC gained over 290%. VIVUS, Inc. (NASDAQ: VVUS) has moved up 5.48% to $10.20 after...

American International Group Incorporation (NYSE: AIG) conducted an investigation into recent actions by its general counsel, who along with four other executives, told the insurer earlier this month that they were prepared to resign over federal pay curbs. The review, which was initiated by...

• Micron Technology (NYSE:MU) posted fiscal first quarter earnings of 23 cents a share, up from estimates of 6 cents, on revenues of $1.74 billion, which beat consensus projections of $1.59 billion • Cintas (NASDAQ:CTAS) reported non-GAAP earnings fell 21% to 39 cents, four cents under projections...

Boeing Co (NYSE: BA) has acquired Aliena North America's interest in Global Aeronautica through its wholly owned subsidiary. While BA did not disclose the financial terms, the company believes that the acquisition will increase the productivity of its 787 Dreamliner program. BA has risen 1.40% to $...