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AFH

Atlas Financial

$0.41

-0.0323 (-7.29%)

16:53
08/22/19
08/22
16:53
08/22/19
16:53

Atlas Financial gives update on ongoing strategic review

Atlas Financial Holdings announced an update with respect to the strategic review announced on March 4 and April 10. The company has been evaluating recent historic results, current business trends and regulatory constraints. The following strategic activities have been identified as value maximizing for the company's shareholders, bondholders and other stakeholders: Focusing Global Liberty Insurance Company of New York's resources on New York area business to leverage the subsidiary's heritage in this large and specific market. Transitioning other business to alternative markets through the company's wholly owned Managing General Agency, Anchor Group Management, to leverage the team, distribution systems and other resources aligned under this business unit. Atlas continues to retain Sandler O'Neill + Partners as its financial advisor to work with the company, along with other advisors, to further evaluate opportunities with the goal of facilitating shareholder value generation, including the potential sale of the company, one or more insurance company subsidiaries, AGMI, or other assets, and balance sheet strengthening options while the three primary strategic activities provided above are executed. This process is ongoing. The company also announced that on August 16, it received a delinquency notification letter from the Nasdaq stating that the company was not in compliance because the company had not timely filed its quarterly report on Form 10-Q for the quarter ended June 30. The company said that regaining full compliance with Nasdaq Stock Market listing requirements is a high priority.

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DHI

D.R. Horton

$49.04

-0.45 (-0.91%)

06:15
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MDCO

The Medicines Co.

$48.74

0.99 (2.07%)

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DBSDY

DBS Group

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(0.00%)

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SPX

S&P 500

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SPDR S&P 500 ETF Trust

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-0.87 (-0.29%)

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SPY

SPDR S&P 500 ETF Trust

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DUNDF

Dream Global REIT

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RTN

Raytheon

$204.06

5.24 (2.64%)

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ORTX

Orchard Therapeutics

$15.44

0.38 (2.52%)

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SNE

Sony

$59.95

-0.42 (-0.70%)

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XLRN

Acceleron

$44.67

0.75 (1.71%)

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HD

Home Depot

$231.00

-2.86 (-1.22%)

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BUD

AB InBev

$95.80

-0.61 (-0.63%)

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AB InBev sees raising up to $4.8B in Asia unit IPO, FT reports »

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SNAP

Snap

$15.76

-0.24 (-1.50%)

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PVH

PVH Corp.

$90.63

-0.02 (-0.02%)

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  • 19

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SHOP

Shopify

$337.93

-0.77 (-0.23%)

06:06
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Syndicate
Shopify 1.9M share Spot Secondary priced at $317.50 »

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MTCH

Match Group

$76.70

1.74 (2.32%)

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Match's Tinder wraps filming on first television series, Reuters reports »

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CROX

Crocs

$28.40

-0.16 (-0.56%)

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DOX

Amdocs

$66.29

0.09 (0.14%)

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DAVE

Famous Dave's

$4.68

0.13 (2.86%)

, BBQ

BBQ Holdings

$0.00

(0.00%)

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Famous Dave's

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0.13 (2.86%)

BBQ

BBQ Holdings

$0.00

(0.00%)

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BLK

BlackRock

$435.86

-7.29 (-1.65%)

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AAWW

Atlas Air

$27.70

0.6 (2.21%)

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  • 13

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TLSNF

Telia

$0.00

(0.00%)

05:58
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Telia upgraded to Hold…

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TLTZY

Tele2

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(0.00%)

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FB

Facebook

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-0.73 (-0.39%)

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PAGS

PagSeguro Digital

$45.85

-0.015 (-0.03%)

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COP

ConocoPhillips

$62.54

5.19 (9.05%)

05:45
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ConocoPhillips rating change  »

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