The preliminary estimates for the damage of Hurricane Sandy seem to be coming in the $5 billion to $10 billion range. This of course can grow, but this is what we have seen…
flickr / gsfcEarlier today we outlined some of the risks which were seen in overseas trading of the Property & Casualty (P&C) insurance sector and for the reinsurance sector. Now we have…
If Hurricane Sandy remains a Category 1 hurricane, property and casualty insurers may end up be on the hook for damages more than the reinsurers. We have seen an estimate of damages from…
Equities fell sharply after this morning’s opening. Futures were soft prior to the opening bell due largely to continue to worry about Europe and a forecast cut to the European Central Bank’s…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Allstate Corporation (NYSE: ALL) Started as Outperform at Credit Suisse. Amazon.com…
The worst part about hurricane season is that one bad hurricane has no impact on whether or not another hurricane, or series of hurricanes, can be coming back down the pipe. If…
Any time a hurricane hits, it can cause billions of dollars in damage to homes, cars, businesses, and other properties. The estimates for Hurricane Irene were growing higher and higher last week…
Will Hurricane Irene cost the United States $10 billion? $15 billion? Or even more? It really depends upon whom you speak with on this front. The expected damage count is growing now…
Share repurchase programs, or stock buybacks, have been and may always be a more questionable method of returning capital to shareholders than dividends. Many even disagree with the effect of buybacks. Still,…
There is a long-standing debate over the effect and impact of share buyback plans. What is not up for debate is that many companies have given big updates or announced new buyback…
There have always been questions about whether stock buybacks are an effective return of cash to shareholders. The theory is a simple one: reducing the number of shares outstanding boosts the price…
These are Wednesday’s top ten analyst upgrades, downgrades, and initiations seen from Wall Street research calls: American Express Co. (NYSE: AXP) Started as Outperform at Wells Fargo. Best Buy Co. (NYSE: BBY)…
These are this Friday morning’s top 10 analyst upgrades, downgrades, and initiations we have seen from Wall Street’s research calls: Amazon.com (NASDAQ: AMZN) Raised to Outperform at FBR Capital (new target $130);…
These are the top pre-market analyst upgrades and positive research calls from Wall Street we have seen this Wednesday morning with more than two hours until the market opens: Allergan (AGN) Started…
These are some of the top per-market analyst upgrades and positive calls we are seeing from Wall Street this Thursday morning: Best Buy (BBY) Raised to Overweight at Barclays. Chubb (CB) Raised…
