Multi-line Insurance

Keystone Morning Quickie November 10th 2009 Market Commentary Futures are slightly down this morning after a impressive rally yesterday. As impressive as it may have been, we must take not of the lack of volume that was associated with the run up. The Dow Jones made yearly highs at 10023,...

• Priceline.com (NASDAQ:PCLN) reported adjusted third quarter earnings of $3.45 a share, 55 cents above consensus estimates, on better-than-expected revenues of $730.7 million, ahead of estimates of $$693.97 million on strong summer season travel. The firm provided fourth quarter guidance at about...

Australian company AXA Asia Pacific Holdings Limited (ASX: AXA) rejected $10 billion bid made by its parent company. Axa Asia is the Australian subsidiary of France’s largest insurer - AXA (NYSE: AXA). Parent company AXA has submitted this bid with another Australian company - AMP Limited (ASX:...

It is a busy Friday as 147 companies report earnings today. These companies span a wide spectrum of industries, from insurance companies like AIG, to healthcare companies like Par Pharmaceuticals, and even retail companies like Price Smart. Among the companies releasing their earnings today, AIG (...

AIG (NYSE: AIG) announce that their income has risen to $455 Million or $0.68 per share which improved from the previous year's losses of $24 million. Part of the results include a one-time charge of $1.5 million used for the restructuring and hedging of the company's assets. Executives from AIG...

Embattled insurer American International Group (NYSE: AIG) reports third-quarter earnings before the bell tomorrow and as far-flung as it seems, analysts expect a $2.39-a-share operating profit out of the company that is 80% owned by Uncle Sam. AIG's $355 billion fixed income portfolio has...

Hartford Financial Services (NYSE: HIG) climbed over 5% after reported a third-quarter net loss of $220 million, or 79 cents per common share. Hartford was expected to make a profit of $1.11 a share, according to the average estimate of 18 analysts in a Thomson Reuters survey. Hartford forecast...

Analysts predicted Emerson Electric Co. (NYSE: EMR) to report earnings of 60 cents a share in the fourth quarter, according to FactSet. Digital River, Inc. (NASDAQ: DRIV) is likely to report earnings of 41 cents a share in the third quarter, according to analysts polled by FactSet. Analysts...

Below are interesting stocks on the NYSE and NASDAQ with the highest cash per share and low PEG ratio. Goldman Sachs Group Inc (NYSE: GS) has cash per share of $1,540 and the PEG ratio of 0.72. JMP Securities upgraded GS from “market perform” to “market outperform.” Fairfax Financial Holdings Ltd (...

First American (FAF), a title insurance firm (predominantly) reported earnings today and while they are very good on the quarter they are guiding for some softness go forward.  This is not a surprise since the threat of the end of Cash for Cul-de-Sacs plus seasonality (more homes sell in spring,...

Wall Street Journal reported that Kenneth Feinberg, the Treasury Department Czar responsible for deciding the pay of company execs, has hiked base pay. This hike will be for finance and auto companies currently being administered the bailout package by the US Government. Feinberg allowed an...

According to Bloomberg, with the decline in dollar, the world’s once largest insurer American International Group Inc. (NYSE: AIG) is being taken apart. More than 90% of AIG’s assets were to be sold to buyers most of whom are not US companies. Bidders from US were uninterested in buying its assets...

Timothy Geithner saying that the government will not own stakes in AIG (AIG) and other institutions very long. One of the other institutions Geithner could have been referring to is Citi (C).