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VR

Validus

$46.72

0.81 (1.76%)

, AIG

AIG

$61.55

0.02 (0.03%)

06:52
01/22/18
01/22
06:52
01/22/18
06:52

AIG to acquire Validus for $5.56B, or $68 per share, in cash

VR

Validus

$46.72

0.81 (1.76%)

AIG

AIG

$61.55

0.02 (0.03%)

  • 02

    Feb

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    Feb

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    Feb

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    Feb

VR Validus
$46.72

0.81 (1.76%)

09/11/17
JPMS
09/11/17
NO CHANGE
JPMS
Irma losses could be lower than expected, says JPMorgan
JPMorgan analyst Sarah DeWitt believes losses from Hurricane Irma could be at the lower end of the $20B-$60B expected range since the storm weakened faster than expected. The analyst estimates the impact to book values for the companies she covers should be a "manageable" 1%-2%. Among the property casualty insurers, the analyst views Validus (VR), Everest Re (RE) and XL Group (XL) as the most oversold. She lists those three along with RenaissanceRe (RNR), Travelers (TRV), Arch Capital (ACGL), Chubb (CB), Allstate (ALL) and Progressive (PGR) as the P&C insurers with the most exposure to U.S. hurricanes.
09/11/17
BUCK
09/11/17
INITIATION
Target $52
BUCK
Buy
Validus initiated with a Buy at Buckingham
Buckingham analyst Amit Kumar initiated Validus with a Buy and a $52 price target.
09/21/17
UBSW
09/21/17
NO CHANGE
Target $50
UBSW
Neutral
Validus net exposure to hurricanes lower than anticipated, says UBS
After hosting meetings with Validus' CFO, UBS analyst Brian Meredith said his prior loss estimate for Hurricane Harvey and Irma was too high given the company's amount of retrocessional and reinsurance protection and its minimal exposure to the Caribbean. He lowered his forecast for Q3 catastrophe losses to $412M from $613M. Meredith keeps a Neutral rating on Validus shares.
01/04/18
KBWI
01/04/18
UPGRADE
Target $55
KBWI
Outperform
Validus upgraded to Outperform from Market Perform at Keefe Bruyette
Keefe Bruyette analyst Meyer Shields upgraded Validus to Outperform with a $55 price target.
AIG AIG
$61.55

0.02 (0.03%)

12/04/17
GSCO
12/04/17
INITIATION
Target $61
GSCO
Neutral
AIG initiated with a Neutral at Goldman Sachs
Goldman Sachs analyst Yaron Kinar started AIG with a Neutral rating and $61 price target. The analyst believes the reserves in AIG's Commercial Insurance segment remain at risk of further strengthening.
12/06/17
DBAB
12/06/17
UPGRADE
Target $59
DBAB
Hold
AIG upgraded to Hold from Sell at Deutsche Bank
Deutsche Bank analyst Joshua Shanker upgraded AIG to Hold and raised his price target for the shares to $59 from $58. The stock "might have found a bottom" after dropping 8% since the Q3 results on November 2, Shanker tells investors in a research. The analyst believes, however, still expects the news flow to be a headwind for the shares and a reserve deficiency charge in Q4.
12/06/17
12/06/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. AIG (AIG) upgraded to Hold from Sell at Deutsche Bank with analyst Joshua Shanker sayign the stock "might have found a bottom" after dropping 8% since the third quarter results on November 2. Brown & Brown (BRO) upgraded to Buy from Hold at SunTrust with analyst Mark Hughes saying the company stands to benefit from commission gains in the Florida market, contribution from the company's sales incentive program, reduced investments costs, and the anticipated tax reform impact which could add up to 55c to the fiscal 2019 earnings per share target of $2.25. 3. L3 Technologies (LLL) upgraded to Outperform from Sector Perform at RBC Capital with analyst Matt McConnell citing the company's investor day presentation. McConnell says the event highlighted the company's position combining the "best-in-defense runway for operating margin improvement, near-term organic growth acceleration, and bolt-on M&A potential". 4. Carnival (CCL) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Jamie Rollo stating that the firm's survey of U.S. travel agents suggested strong demand for cruises in November, which he notes is usually a slow month for bookings. 5. Express Scripts (ESRX) upgraded to Market Perform from Underperform at Bernstein with the firm citing improved upside risks from potential policy and competitor actions and valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/09/18
EVER
01/09/18
NO CHANGE
EVER
Evercore ISI says reported AIG interest a 'pretty bullish signal' for Voya value
After Bloomberg said that AIG (AIG) had previously held talks to acquire Voya Financial (VOYA) in a deal valued at more than $10B, Evercore ISI analyst Thomas Gallagher said he reads this as a sign that AIG is open to large scale M&A and as "a pretty bullish signal" for the private market value of Voya being considerably above its current share price.

TODAY'S FREE FLY STORIES

FSUMY

Fortescue Metal

19:15
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SANM

Sanmina

$27.70

0.1 (0.36%)

, CDNS

Cadence Design

$36.75

-0.27 (-0.73%)

19:00
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On The Fly: After Hours Movers »

UP AFTER EARNINGS:…

SANM

Sanmina

$27.70

0.1 (0.36%)

CDNS

Cadence Design

$36.75

-0.27 (-0.73%)

HLX

Helix Energy

$6.24

-0.245 (-3.78%)

TRMB

Trimble

$36.13

-0.44 (-1.20%)

RUSHA

Rush Enterprises

$43.00

-0.3 (-0.69%)

SLM

Sallie Mae

$11.68

0.015 (0.13%)

ZION

Zions Bancorp

$54.27

0.47 (0.87%)

AMP

Ameriprise

$145.45

1.74 (1.21%)

GOOG

Alphabet

$1,067.70

-5.03 (-0.47%)

ZYME

Zymeworks

$12.08

0.095 (0.79%)

TNDM

TNDM

LQ

La Quinta

$19.55

0.09 (0.46%)

BP

BP

$43.92

0.415 (0.95%)

DGICA

Donegal Group

$15.07

-0.11 (-0.72%)

AMTD

TD Ameritrade

$61.21

-0.04 (-0.07%)

WHR

Whirlpool

$150.31

0.885 (0.59%)

TVTY

Tivity Health

$39.50

-0.6 (-1.50%)

BRO

Brown & Brown

$26.56

0.6 (2.31%)

ABX

Barrick Gold

$12.93

-0.23 (-1.75%)

OI

Owens-Illinois

$21.76

0.13 (0.60%)

EPZM

Epizyme

$15.25

-0.65 (-4.09%)

AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

CASA

Casa Systems

$29.81

-0.35 (-1.16%)

BBBY

Bed Bath & Beyond

$17.35

0.22 (1.28%)

03/08/13
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UAL

United Continental

$70.32

-1.405 (-1.96%)

18:45
04/23/18
04/23
18:45
04/23/18
18:45
Periodicals
United Continental CEO to forego 2017 bonus, Bloomberg reports »

United Continental CEO…

03/08/13
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03/08/13
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03/06/13
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  • 26

    Jun

UAL

United Continental

$70.32

-1.405 (-1.96%)

18:37
04/23/18
04/23
18:37
04/23/18
18:37
Hot Stocks
United Continental chairman Milton will not stand for reelection »

According to a regulatory…

03/08/13
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  • 26

    Jun

INFY

Infosys

$17.43

0.05 (0.29%)

18:12
04/23/18
04/23
18:12
04/23/18
18:12
Hot Stocks
Infosys sees FY18 revenue growth trending at 7.2% rate »

Comments from the Infosys…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 23

    Apr

SFNC

Simmons First National

$28.95

0.2 (0.70%)

18:04
04/23/18
04/23
18:04
04/23/18
18:04
Earnings
Simmons First National reports Q1 core EPS 57c, consensus 52c »

Reports Q1 provision for…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 24

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HLX

Helix Energy

$6.24

-0.245 (-3.78%)

18:01
04/23/18
04/23
18:01
04/23/18
18:01
Earnings
Helix Energy reports Q1 EPS (2c), consensus (6c) »

Reports Q1 revenue…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 24

    Apr

GLRE

Greenlight Capital Re

, AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

17:50
04/23/18
04/23
17:50
04/23/18
17:50
Hot Stocks
Einhorn says Assured Guaranty has a lot of exposure to Puerto Rico »

Says Assured…

GLRE

Greenlight Capital Re

AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 01

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TVTY

Tivity Health

$39.50

-0.6 (-1.50%)

17:45
04/23/18
04/23
17:45
04/23/18
17:45
Hot Stocks
Tivity Health falls 19% after Q1 revenue misses estimates »

Shares of Tivity Health…

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  • 23

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TVTY

Tivity Health

$39.50

-0.6 (-1.50%)

17:42
04/23/18
04/23
17:42
04/23/18
17:42
Earnings
Tivity Health affirms FY18 EPS 2.12-$2.20, consensus $2.16 »

Backs FY18 revenue view…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 23

    Apr

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    Jun

GLRE

Greenlight Capital Re

, AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

17:42
04/23/18
04/23
17:42
04/23/18
17:42
Hot Stocks
Greenlight Capital's Einhorn says Assured Guaranty has no room for losses »

Says Assured Guaranty …

GLRE

Greenlight Capital Re

AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

03/08/13
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03/08/13
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  • 01

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HD

Home Depot

$177.73

0.68 (0.38%)

, LOW

Lowe's

$84.34

0.71 (0.85%)

17:40
04/23/18
04/23
17:40
04/23/18
17:40
Initiation
Home Depot, Lowe's, Tractor Supply, O'Reilly Automotive, AutoZone, At Home Group, National Vision initiated  »

Home improvement and…

HD

Home Depot

$177.73

0.68 (0.38%)

LOW

Lowe's

$84.34

0.71 (0.85%)

TSCO

Tractor Supply

$61.64

1.33 (2.21%)

ORLY

O'Reilly Automotive

$222.54

1.06 (0.48%)

AZO

AutoZone

$599.45

3.63 (0.61%)

HOME

At Home Group

$34.69

-0.305 (-0.87%)

EYE

National Vision

$31.57

-0.02 (-0.06%)

03/08/13
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03/08/13
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03/06/13
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  • 26

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WBS

Webster Financial

$59.94

0.555 (0.93%)

17:37
04/23/18
04/23
17:37
04/23/18
17:37
Hot Stocks
Webster Financial increases dividend 7c to 33c »

Webster Financial, the…

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  • 26

    Apr

SCHW

Charles Schwab

$55.37

0.37 (0.67%)

17:36
04/23/18
04/23
17:36
04/23/18
17:36
Hot Stocks
Charles Schwab chairman Charles Schwab sells 250K shares »

The chairman of brokerage…

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  • 15

    May

NDAQ

Nasdaq

$86.92

-0.52 (-0.59%)

17:36
04/23/18
04/23
17:36
04/23/18
17:36
Periodicals
Nasdaq proposes to let companies pick where their shares trade, Reuters says »

Nasdaq said it plans to…

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  • 24

    Apr

  • 25

    Apr

GLRE

Greenlight Capital Re

, AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

17:35
04/23/18
04/23
17:35
04/23/18
17:35
Hot Stocks
Greenlight Capital's Einhorn says short Assured Guaranty »

David Einhorn, president,…

GLRE

Greenlight Capital Re

AGO

Assured Guaranty

$35.90

-0.81 (-2.21%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 01

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SFE

Safeguard Scientifics

$12.25

-0.25 (-2.00%)

17:32
04/23/18
04/23
17:32
04/23/18
17:32
Hot Stocks
Safeguard Scientifics enters agreement with Sierra Capital »

Safeguard Scientifics…

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  • 26

    Apr

EPZM

Epizyme

$15.25

-0.65 (-4.09%)

17:31
04/23/18
04/23
17:31
04/23/18
17:31
Hot Stocks
Breaking Hot Stocks news story on Epizyme »

Epizyme down 19% after…

03/08/13
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  • 25

    Apr

EROS

Eros International

$11.63

-0.05 (-0.43%)

17:26
04/23/18
04/23
17:26
04/23/18
17:26
Hot Stocks
Mangrove's August says has questions around Eros' receivables »

Says Eros is suing him.…

03/08/13
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BRO

Brown & Brown

$26.56

0.6 (2.31%)

17:24
04/23/18
04/23
17:24
04/23/18
17:24
Earnings
Brown & Brown reports Q1 adjusted EPS 29c, consensus 32c »

Reports Q1 revenue…

03/08/13
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03/08/13
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  • 24

    Apr

CODA

Coda Octopus Group

$4.07

0.12 (3.04%)

17:23
04/23/18
04/23
17:23
04/23/18
17:23
Syndicate
Breaking Syndicate news story on Coda Octopus Group  »

Coda Octopus Group files…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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SUI

Sun Communities

$91.54

0.25 (0.27%)

17:19
04/23/18
04/23
17:19
04/23/18
17:19
Earnings
Sun Communities reports Q1 EPS 38c, consensus 28c »

Reports Q1 revenue…

03/08/13
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03/08/13
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03/06/13
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  • 24

    Apr

EROS

Eros International

$11.63

-0.05 (-0.43%)

17:17
04/23/18
04/23
17:17
04/23/18
17:17
Hot Stocks
Mangrove's August says short Eros International »

Nathaniel August, founder…

03/08/13
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03/06/13
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03/06/13
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CASA

Casa Systems

$29.81

-0.35 (-1.16%)

17:16
04/23/18
04/23
17:16
04/23/18
17:16
Syndicate
Casa Systems files to sell 7.35M shares of common stock for holders »

Morgan Stanley & Co.…

03/08/13
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03/08/13
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03/06/13
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  • 12

    Jun

  • 26

    Apr

EPZM

Epizyme

$15.25

-0.65 (-4.09%)

17:16
04/23/18
04/23
17:16
04/23/18
17:16
Hot Stocks
Breaking Hot Stocks news story on Epizyme 

Epizyme trading resumes

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 25

    Apr

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