-
Why AIG Shares Traded Higher In Monday's After-Hours Session
Tuesday, October 27, 2020 - 12:41am | 274Read More...American International Group Inc (NYSE: AIG) shares traded higher in the after-hours session Monday after the company announced new leadership and the decision to spinoff its life and retirement business. New Leadership: The AIG Board of Directors named Peter S. Zaffino as CEO, who currently...
-
Allstate Investors, Are You In Good Hands? Deutsche Downgrades Stock Seeing Resistance Ahead
Thursday, August 3, 2017 - 1:33pm | 347Read More...Dennis Haysbert famously asks TV viewers if they are in "good hands" with their insurance plans. But ask analysts at Deutsche Bank if a position in Allstate Corp (NYSE: ALL) would be in "good hands" in a portfolio and the answer is not necessarily. Joshua Shanker downgraded...
-
Look For MetLife To Soon Be A High-Yielding Standout Among Large-Cap Financials
Thursday, May 25, 2017 - 12:20pm | 448Read More...Analysts at FBR & Co. upgraded shares of Metlife Inc (NYSE: MET) as the stock's underperformance versus its peers since the start of 2017 has now created a compelling buying opportunity. FBR's Randy Binner upgraded MetLife's stock from Market Perform to Outperform with a price target boosted...
-
BMO's Adjustment In Coverage Of AIG, Chubb Limited And The Insurance Sector
Monday, July 11, 2016 - 2:29pm | 513Read More...Analysts at BMO Capital Markets made several changes to their price targets and ratings of insurance companies. Chubb Downgraded To Market Perform Charles Sebaski of BMO Capital Markets downgraded shares of Chubb Ltd (NYSE: CB) to Market Perform from Outperform with a price target raised to $136...
-
Loews Reports Worse-Than-Expected Q4 Print
Monday, February 8, 2016 - 7:36am | 180Read More...Loews Corporation (NYSE: L) reported its fourth quarter results early Monday morning. The company earned $0.72 per share in the quarter on revenue of $3.33 billion. Wall Street analysts were expecting the commercial property and casualty insurance company to earn $0.78 per share on revenue of $...
-
Aon Reports Q4 Results, Notes 'Strong Performance' In A Year Of 'Substantial Volatility'
Friday, February 5, 2016 - 8:29am | 239Read More...Aon plc Class A Ordinary Shares (UK) (NYSE: AON) reported its fourth quarter results Friday morning. The company said that it earned $2.27 per share in the quarter on revenue of $3.3 billion. Wall Street analysts were expecting the company to earn $2.09 per share on revenue of $3.33 billion....
-
Sterne Agee CRT's Five Favorite Ways To Invest In P&C Insurance
Tuesday, September 22, 2015 - 4:13pm | 448Read More...Vinay Misquith of Sterne Agee CRT commented in a note on Monday that he is "cautiously optimistic" about P&C (property and casualty) insurance stocks. ACE Limited (NYSE: ACE), Chubb Corp (NYSE: CB), XL Group plc (NYSE: XL), Allstate Corp (NYSE: ALL), and Willis Group Holdings...
-
Eventual Rate Hike Could Keep Insurance Stocks Sizzling
Friday, July 31, 2015 - 10:38am | 833Read More...So much for the suspense on a possible interest rate boost this week by the Federal Reserve. Last Friday, the Fed acknowledged that it inadvertently published a confidential staff forecast that was prepared for a key meeting of its policy-setting committee in June. The documents included...
-
Earnings Preview: American International Group
Wednesday, February 22, 2012 - 6:22am | 863Read More...American International Group (NYSE: AIG) is scheduled to report fourth-quarter 2011 results tomorrow, February 23, after the markets close. The stock of this global insurance giant has been on the rise since the beginning of the year. And analysts are expecting a profit instead of the loss AIG saw...
