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Benzinga's Volume Movers
Monday, August 29, 2011 - 9:31amCVD 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 - 5:08pmWunderlich 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 - 8:05amTorus 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 - 12:06pmShares 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 - 3:31pmGreenlight 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 - 2:36amBelow 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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Wednesday, August 10, 2011 - 12:33pm
New York Mets Receiving Loan from Hedge Fund Manager
Currently 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 - 8:53amChinaEdu 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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Monday, August 8, 2011 - 6:54am
News Summary for August 8, 2011
This 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 - 6:52amAccording 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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