Multi-line Insurance

Citigroup Inc. (NYSE: C) is the top traded stock and surged 3..29% to $4.40 on 245 million shares against an average volume of 337.84 million shares . Citibank/Citigroup (NYSE: C) CEO, Vikram Pandit, says that Citi will eventually sell its remaining stake in its Smith Barney brokerage venture to...

Genworth Financial (NYSE: GNW) is seen as an amazing company in the eyes of CNBC’s Mad Money Jim Cramer. Its stock traded below $1 at the beginning of March but made a fantastic comeback, trading near $13. Cramer said that Nucor Corporation (NYSE: NUE) was up only 9% for the year and, in his...

Kinder Morgan Energy Partner (NYSE: KMP) is one of the stocks that CNBC’s Jim Cramer recommended in the section of his show called Lightning Round OT. He thinks that this stock will be hitting or is hitting new highs and is one of the few bargains left. The stock gained 0.83% on Wednesday reaching...

Talk this week has been that the retail investor has finally returned to the market in the past few days; further a Wall Street Journal article yesterday touted the explosion of volume in retail brokerage companies (Ameritrade, Etrade, et al) due to daytrading / speculation in the Citigroup (C),...

Genworth Financial, Inc. (NYSE: GNW) is the top traded stock and surged 10% to $13.26 on 43.55 million shares against an average volume of 25.24 million shares after the Company announced that it has priced a public offering of 48.0 million shares of its class A common stock at a public offer...

Shares of Genworth Financial, Inc. (NYSE: GNW) surged 7% to $12.91 on massive volume if 28.17 million within an hour of trading after the Company announced that it has priced a public offering of 48.0 million shares of its class A common stock at a public offer price of $11.75 per share. To the...

Companies that received government aid including American International Group Inc.(NYSE: AIG), Citigroup Inc(NASDAQ: CCBG), Bank of America Corp(NYSE: BAC), General Motors Co(NYSE: GRM) and Chrysler LLC., have announced a new policy to limit expenses. The new policy is in compliant with the...

As a reminder, if you are interested in this type of fund as a worthwhile consideration for future investment, please consider reading why this blog exists. [Jan 7, 2008: Reader Pledges Toward Mutual Fund Launch] [May 26, 2008: Frequently Asked Questions] Our story in Barron's [A New Kind of Fund...

Year 3, Week 6 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 68.4% (v 72.5% last week)24 long bias: 16.7% (v 14.1% last week)9 short bias: 14.9% (v 13.5% last week) *includes long term puts 33...

Ok, that was not his exact quote.... but you get the idea. They say "never to fight the Fed". I had doubts on that quote in the past, but what the Fed used to do in the past was child's play compared to what it is doing now. I cannot emphasize enough that Ben Bernanke, being a student of the...

CNBC's Mad Money Jim Cramer recommended Harford Financial Services Group (NYSE: HIG). Cramer said that commercial real estate crisis is over and that Harford Financial Services Group (HIG) are out of woods. He added that the group is beaten down and cheap and that commercial real estate fiasco is...

Horace Mann (NYSE: HMN), one of the largest national multi line insurance company focusing on educators' financial needs, announced a quarterly dividend of 5.25 cents per share payable on September 30, 2009 to shareholders of record as of September 21, 2009. Founded by educators for educators in...

Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) shares fell 5.6% and 7.9%, respectively, after James Lockhart, the former director of the Federal Housing Finance Agency and currently a vice chairman at W.L. Ross, predicted that both would never fully repay their debts to the U.S. government. He...

LRA/OJcmkSS7sh4/s1600-h/uhaul.bmp"> I posted a few days ago about TV ads sponsored by the Nevada Development Authority encouraging California businesses to move to Las Vegas for lower taxes and less red tape. The chart above (click to enlarge) of U-Haul rates for one-way truck rentals provides...