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 so far. A great report...
Source: 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 seen...
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 the storm...
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...
Source: 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...
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 you track the NOAA...
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 that the...
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...
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 plans in the month...
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...
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 to...
Financial stocks may have enjoyed sizable bounces from their lows in November and December, but not all analysts are following them up.  The insurrance sector and some of the re-insurance names have...
It is no great mystery that Warren Buffett of Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B) is still one of the most followed and most revered "long term value investors" on the...