Property & Casualty Insurance

Piper Jaffray, which downgraded shares of Chubb Corporation (NYSE: CB) to Neutral from Overweight, said that it believes exposure to US winter storms and the cyclone Yasi create a dimension of uncertainty in the short-run. “At the same time, we view the company's over-capitalization and inability...

ARM Holdings plc (NASDAQ: ARMH) was downgraded by Barclays Capital from "overweight" to "equal weight." ARMH's shares closed at $29.68 yesterday. ARMH's PEG ratio is 5.30. Morgan Stanley downgraded First Solar Inc (NASDAQ: FSLR) from "overweight" to "equal weight." FSLR's shares closed at $159.30...

Citigroup has raised the price target on W.R. Berkley Corporation (NYSE: WRB) from $25 to $28 and maintains its Sell rating.

Piper Jaffray has downgraded Chubb Corporation (NYSE: CB) from Overweight to Neutral and has lowered the price target from $74 to $62.

Analysts at Piper Jaffray downgrade Chubb Corporation (NYSE: CB) from “overweight” to “neutral.” The target price for CB has been lowered from $74 to $62. CB shares gained 0.27% to close at $58.86 yesterday. More Analyst Ratings here

( click to enlarge ) I have followed InterDigital, Inc. (NASDAQ:IDCC)  for sometime and over the last trading sessions I never seen so many buyers purchasing the stock. The volume over the recent days has dramatically increased. There are some days when the normal average volume is reached in...

Aspen Insurance Holdings Limited (NYSE: AHL) today reported net income after tax for the fourth quarter of 2010 of $92.7 million and operating earnings of $1.02 per diluted ordinary share. Book value per share on a diluted basis of $38.90 increased by 13.9% when compared to December 31, 2009 and...

Merger Monday's like today are what propel the equity markets higher. The flurry of action we've seen today show that corporate deal making is alive and well, despite most of us having a hangover from our Super Bowl parties last night. Precisely at 12:01 a.m. this morning, AOL (NYSE: AOL)...

Berkshire Hathaway (NYSE:BRK.A) will acquire the remaining 20% shares of Wesco Financial's (NYSE: WSC), completing a deal that has been in the works for years. Charles Munger plans to host question and answer session dubbed “Afternoon with Charlie” in Pasadena, California after the sale of Wesco...

Los Angeles, California-based Mercury General Corporation (NYSE: MCY) released financial results on Monday morning. Mercury General Corporation announced that it swung to a 4th quarter net loss of $23.6 million, or 43 cents per share, from net income of $34.2 million, or 62 cents per share, a year...

Mercury General Corporation (NYSE: MCY) reported today for the fourth quarter of 2010 Net loss in the fourth quarter 2010 was $23.6 million ($0.43 per diluted share) compared with net income of $34.2 million ($0.62 per diluted share) for the same period in 2009. For the year, net income was $152.2...

As reported previously, Berkshire Hathaway(BRK-B,BRK-A) announced its intention on August 25, 2010 to propose to Wesco(WSC) that it purchase the 19.9% of Wesco it did not already own. This morning, at long last, the two companies have announced a definitive merger agreement. Wesco shareholders will...

Berkshire Hathaway Inc. (NYSE: BRKA) and Wesco Financial Corporation (NYSE: WSC) announced today that they entered into a definitive merger agreement, whereby Berkshire Hathaway will acquire the remaining 19.9% of the shares of Wesco's common stock that it does not presently own in exchange for...

Chicago, Illinois-based CNA Financial Corporation (NYSE: CNA) announced on Monday morning that it easily beat consensus Wall Street earnings estimates. CNA Financial Corporation reported that its 4th quarter net income rose to $302 million, or $1.09 per share, up from $246 million, or 81 cents per...

New York, New York-based Loews Corporation (NYSE: L) released financial results on Monday morning that beat Wall Street earnings estimates, while failing to meet revenue expectations. Loews Corporation announced that its 4th quarter net income rose to $466 million, or $1.12 per share, up from $403...