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Benzinga's Volume Movers
Monday, August 29, 2011 - 9:31am | 141CVD Equipment Corporation (NASDAQ: CVV) shares moved up 5.21% to $17.36 at 10:30 am. The volume of CVV shares traded was 197% higher than normal. CVV's trailing-twelve-month operating margin is 12.91%. Stamps.com Inc (NASDAQ: STMP) shares rose 8.75% to $18.14. The volume of STMP shares traded was...
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Wunderlich Securities Drops Coverage of the Insurance Sector
Monday, August 22, 2011 - 5:08pm | 190Wunderlich Securities dropped its coverage of the insurance sector in a research report published today. The companies dropped by Wunderlich Securities are Amerisafe (NASDAQ: AMSF), AmTrust Financial Services (NASDAQ: AFSI), Aspen Insurance (NYSE: AHL), AXIS Capital Holdings (NYSE: AXS), Delphi...
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Montpelier Acquires Renewal Rights to Torus' Property Catastrophe Reinsurance Business
Friday, August 19, 2011 - 8:05am | 71Torus today announced that it has reached an agreement with Montpelier Reinsurance Ltd., the Bermuda reinsurance subsidiary of Montpelier Re Holdings Ltd. (NYSE: MRH), (“Montpelier”), a provider of short-tail reinsurance and other specialty lines, to sell the renewal rights of its property...
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Notable Call Options Activity in Transatlantic Holdings
Thursday, August 18, 2011 - 12:06pm | 92Shares of Transatlantic Holdings (NYSE: TRH) are lower on the session by 0.87%, currently trading at $50.35. The stock has been moving largely higher over the past three months and is currently trading above the 50-day average. Options traders are focusing on calls today. A short while ago the...
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Hedges Named as CEO of Greenlight Re
Monday, August 15, 2011 - 3:31pm | 159Greenlight Capital Re, Ltd. (Nasdaq: GLRE) today announced that Bart Hedges has been appointed Chief Executive Officer. Mr. Hedges succeeds Len Goldberg, who, as previously announced, retired as Chief Executive Officer effective today. Mr. Hedges, 46, joined Greenlight Re in January 2006 as...
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Top 4 NYSE Stocks In The Property & Casualty Insurance Industry With The Highest Cash
Friday, August 12, 2011 - 2:36am | 118Below are the top small-cap property & casualty insurance stocks on the NYSE in terms of cash. American International Group Inc (NYSE: AIG) had $68.14 billion in total cash and $83.37 billion in total debt for the latest quarter. Berkshire Hathaway Inc (NYSE: BRK-A) had $47.89 billion in...
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New York Mets Receiving Loan from Hedge Fund Manager
Wednesday, August 10, 2011 - 12:33pm | 433Currently third in the National League East, the New York Mets (58-57, 7.5 games out of wild-card lead) have something to look forward to besides next year. David Einhorn, President of Greenlight Capital (NASDAQ: GLRE), recently restructured an agreement with the New York Mets to help relieve...
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Morning Market Movers
Monday, August 8, 2011 - 8:53am | 118ChinaEdu Corporation (NASDAQ: CEDU) climbed 39.39% to $6.44 at 9:45 am. CEDU shares have dropped 37.90% over the past 52 weeks, while the S&P 500 index has gained 6.93% in the same period. Plumas Bancorp (NASDAQ: PLBC) surged 25.86% to $2.19. PLBC shares have dipped 43.87% over the past 52...
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News Summary for August 8, 2011
Monday, August 8, 2011 - 6:54am | 631This is your Benzinga news summary and traders' outlook for Monday, August 8, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are set for another weak morning as traders mull over the S&P credit downgrade of the...
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Citi Maintains Buy Rating On Transatlantic Holdings
Monday, August 8, 2011 - 6:52am | 101According to Citi, Transatlantic Holdings (NYSE: TRH) Buy rating is maintained. Citi said that NICO, a member of Berkshire Hathaway (BRK.a; not covered by Citi) formally offered $52/shr for all of TRH's outstanding common stock (confirmed by TRH on Sunday). “While details are limited, TRH has...
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Morgan Stanley Comments On Transatlantic Holdings Bidding War With Berkshire Hathaway
Monday, August 8, 2011 - 6:49am | 73According to Morgan Stanley, Transatlantic Holdings (NYSE: TRH) is part of a bidding war with Berkshire Hathaway. Morgan Stanley said that TRH notes the valuation prescribed to the TRH first from AWH and next from VR left the door open for rival bidders to emerge. “The $52 cash offer is a 15%...
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Stocks to Watch for Wednesday 8/03/2011: Fresh 52 Week Highs and Lows
Wednesday, August 3, 2011 - 12:05am | 5002Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
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KBW Reiterates Outperform and PT of $11 on Maiden Holdings
Monday, August 1, 2011 - 7:44am | 42KBW reiterated its Outperform rating on Maiden Holdings (NASDAQ: MHLD). At the same time, the rating agency left its price target on the company's stock unchanged at $11. On Friday, MHLD closed the day at $9.27.
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Wunderlich Securities Reiterates Buy and PT of $12 on Maiden Holdings
Monday, August 1, 2011 - 2:25am | 48Wunderlich Securities reiterated its Buy rating on Maiden Holdings (NASDAQ: MHLD). At the same time, the rating agency left its price target on the company's stock unchanged at $12. On Friday, MHLD added 1.87% to its value to finish the week at $9.27.
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Stocks to Watch for Monday 8/01/2011: Fresh 52 Week Highs and Lows
Sunday, July 31, 2011 - 9:55pm | 3407Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to...