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Morning Market Losers
Monday, June 30, 2014 - 8:49am | 180Read More...American Apparel (NYSE: APP) shares declined 18.41% to $0.79 after the company announced Dov Charney's special meeting request is invalid. On Saturday, American Apparel adopted a one-year stockholder rights plan. Tower Group International (NASDAQ: TWGP) shares fell 18.27% to $1.66. Tower Group...
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Benzinga's Top Downgrades
Monday, June 30, 2014 - 7:21am | 131Read More...Analysts at RBC Capital downgraded Rayonier Inc. REIT (NYSE: RYN) from “outperform” to “sector perform.” The target price for Rayonier has been lowered from $38.81 to $37. Rayonier's shares closed at $36.22 on Friday. B Riley downgraded bebe stores (NASDAQ: BEBE) from “buy” to “neutral.” The price...
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MBIA Reports 57% Surge In Q1 Earnings, Sales Jump 150+%
Monday, May 12, 2014 - 4:57pm | 225Read More...Shares of MBIA (NYSE: MBI) surged more than five percent higher in Monday's after-hours trading session as the company announced better-than-expected quarterly earnings. Revenue for the first quarter came in at $577 million, up 163 percent from the same quarter last year. This figure also topped...
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Earnings Scheduled For March 3, 2014
Monday, March 3, 2014 - 4:42am | 686Read More...JinkoSolar Holding Co (NYSE: JKS) is projected to report its Q4 earnings at $0.71 per share on revenue of $346.22 million. Rockwood Holdings (NYSE: ROC) is estimated to report its Q4 earnings at $0.34 per share on revenue of $342.14 million. Ascena Retail Group (NASDAQ: ASNA) is projected to post...
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Earnings Scheduled For February 10, 2014
Monday, February 10, 2014 - 5:04am | 543Read More...Hasbro (NASDAQ: HAS) is projected to report its Q4 earnings at $1.22 per share on revenue of $1.30 billion. CNA Financial (NYSE: CNA) is expected to report its Q4 earnings at $0.88 per share on revenue of $2.29 billion. Masco (NYSE: MAS) is estimated to post its Q4 earnings at $0.16 per share on...
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What You Need To Look At To Find Exceptional Returns
Tuesday, January 28, 2014 - 1:45pm | 968Read More...Pope Brar is a money manager based on the West Coast who has spent a considerable amount of time analyzing the success (as well as the failure) of some of the greatest investors. Brar has carefully examined the records of such legendary investors as Warren Buffett, Seth Klarman and others to...
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Stocks Hitting 52-Week Lows
Friday, December 20, 2013 - 10:15am | 124Read More...Coldwater Creek (NASDAQ: CWTR) shares tumbled 2.04% to reach a new 52-week low of $0.72. Coldwater Creek's trailing-twelve-month profit margin is -11.69%. Linktone (NASDAQ: LTON) shares touched a new 52-week low of $1.80 after the company announced its initiative to cut costs through voluntary...
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Sean D. Carney Elected to MBIA's Board of Directors
Thursday, December 12, 2013 - 2:20pm | 771Read More...MBIA (NYSE: MBI) today announced that Sean D. Carney (44) was elected to MBIA's board of directors in accordance with the board's power under MBIA Inc.'s by-laws to fill interim vacancies. Mr. Carney was designated and elected to the board of directors pursuant to the terms of the amended and...
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UPDATE: Mercury General Posts Wider Q2 Loss
Monday, July 29, 2013 - 8:35am | 70Read More...Mercury General (NYSE: MCY) posted a wider second-quarter loss. Mercury General posted a quarterly loss of $9.3 million, or $0.17 per share, versus a year-ago loss of $5.3 million, or $0.10 per share. Its operating profit increased to $0.63 per share from $0.19 per share. However, analysts were...
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Navigators Names U.S. Chief Claims Officer
Tuesday, May 28, 2013 - 3:02pm | 269Read More...The Navigators Group (NASDAQ: NAVG) today announced that it has appointed Glen M. Bronstein as Chief Claims Officer of Navigators Management Company, Inc., the Group's principal U.S. underwriting agency subsidiary. Prior to joining Navigators, Mr. Bronstein worked at American International Group...
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BofA Confirms Comprehensive Settlement with MBIA
Monday, May 6, 2013 - 2:29pm | 429Read More...Bank of America Corporation (NYSE: BAC) today announced a comprehensive settlement with MBIA Inc. (NYSE: MBI) to resolve all outstanding representations and warranties claims and all other claims between the parties. The agreement requires certain approvals of the New York State Department of...
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UPDATE: MBIA Announces Settlement with Flagstar Bank
Thursday, May 2, 2013 - 3:53pm | 706Read More...MBIA (NYSE: MBI) (the Company) today announced that its wholly-owned subsidiary, MBIA Insurance Corporation (MBIA Corp.) has entered into an agreement (the Settlement Agreement) to settle the lawsuit filed by MBIA Corp. on January 11, 2013 against Flagstar Bank and certain affiliated entities (...
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UPDATE: Mercury General Q1 Profit Down 9.4%
Monday, April 29, 2013 - 9:11am | 70Read More...Mercury General (NYSE: MCY) reported a 9.4% drop in its first-quarter earnings. Mercury General's quarterly profit fell to $66.5 million, or $1.21 per share, from $73.4 million, or $1.34 per share, in the year-ago period. Its operating profit declined to $0.69 from $0.71 per share. Its revenue...
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UPDATE: Moody's Review for Downgrade Ratings of MBIA
Thursday, March 21, 2013 - 1:08pm | 1286Read More...New York, March 21, 2013 -- Moody's Investors Service has placed on review for downgrade the Insurance Financial Strength (IFS) ratings of MBIA Insurance Corporation (MBIA Corp., Caa2 IFS) and National Public Finance Guarantee Corporation (National, Baa2 IFS) as well as the Caa1 senior debt rating...
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MBIA's National Public Finance Guarantee Corp. Comments on Exposure to City of Detroit
Tuesday, March 5, 2013 - 2:58pm | 225Read More...In response to investor inquiries, National Public Finance Guarantee Corporation (National), an indirect subsidiary of MBIA Inc. (NYSE: MBI), today confirmed that it has approximately $100.7 million of insured exposure to the general obligation debt of the City of Detroit, Michigan. National has...
