Risk Management, Financial Results, and Community Bank Councils - Research Report on ACE, The Hartford, Radian, Loews, and American Financial
Editor Note: For more information about this release, please scroll to bottom
NEW YORK, November 6, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting ACE Limited (NYSE: ACE), Hartford Financial Services Group Inc. (NYSE: HIG), Radian Group Inc. (NYSE: RDN), Loews Corporation (NYSE: L), and American Financial Group Inc (NYSE: AFG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
ACE Limited Research Report
On October 31, 2013, ACE Limited (ACE) reported that the ACE Group announced the launch of a video series on several current risks associated with the construction industry. The Company stated that the new series has three videos providing important information to consider while preparing for risks related to primary casualty, inland marine, safety hazards and overall general construction industry exposures. William P. Hazelton, Executive Vice President, ACE Construction Industry Practice Leader, commented, "Increased contractual obligations, the growing trend toward integrated project delivery, added development in catastrophe-exposed parts of the U.S. and on-site safety hazards are just a few of the current risk management challenges this industry is facing. The ACE Construction Industry Practice understands these challenges and we have developed this video series to provide targeted information and useful risk management strategies to help contractors better manage potential future risks." The Full Research Report on ACE Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/97fa_ACE]
--
Hartford Financial Services Group Inc. Research Report
On October 28, 2013, Hartford Financial Services Group Inc. (The Hartford) reported its Q3 2013 financial results with core earnings of $505 million, a 16.6% YoY increase. The Company reported net income of $293 million, or $0.60 per diluted share, compared to $13 million, or $0.01 per diluted share for Q3 2012. The Hartford's Chairman, President and CEO Liam E. McGee, commented, "The Hartford's third quarter and year-to-date results demonstrate our significant progress transforming the company. We are ahead of plan in executing the strategy we outlined in March 2012 and, with continued strong surrenders in Talcott, the variable annuity block is running off faster than anticipated." The Full Research Report on Hartford Financial Services Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/ef1f_HIG]
--
Radian Group Inc. Research Report
On October 29, 2013, Radian Group Inc. (Radian) reported that Radian Guaranty Inc., its mortgage insurance subsidiary, hosted its first annual Community Bank Advisory Council to gain insight into the key issues encountered by the community bank industry. Radian's President Teresa Bryce Bazemore commented, "Radian recognizes the high quality business that community banks ensure, and we appreciate their focus on giving back to the communities they serve. We truly value all of our community bank partners, and want to make sure we are meeting their unique needs." Pete Mills, Senior Vice President, Residential Policy and Member Services of the Mortgage Bankers Association, added, "The industry is changing as the housing market recovers, and collaboration is an important step to successfully navigate challenges that affect community banks specifically."
The Full Research Report on Radian Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/e0e2_RDN]
--
Loews Corporation Research Report
On October 28, 2013, Loews Corporation (Loews) reported its Q3 2013 and 9M 2013 financial results. Net income for the quarter came in at $282 million, or $0.73 per share, versus $177 million, or $0.45 per share in Q3 2012. The Company informed that excluding after tax non-cash ceiling test impairment charges of $42 million in Q3 2013 and $166 million in Q3 2012, adjusted net income for Q3 2013 and Q3 2012 was $324 million and $343 million respectively. Book value per share (excluding accumulated other comprehensive income) went up 4.1% YoY to $49.94 for the quarter. The Company's net income for the 9M 2013 was $793 million, or $2.03 per share, versus $600 million or $1.51 per share for 9M 2012. The Full Research Report on Loews Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/3dcb_L]
--
American Financial Group Inc Research Report
On October 29, 2013, American Financial Group Inc (American Financial) announced financial results for Q3 2013. The Company reported revenues of $1.4 billion, up 11.9% YoY. Net earnings attributable to shareholders stood at $83 million or $0.92 per diluted share as compared to $226 million or $2.39 per diluted share in Q3 2012. Core net operating earnings stood at $1.06 per diluted share compared with $0.82 per diluted share in Q3 2012. The Company's book value per share (excluding appropriated retained earnings and unrealized gains on fixed maturities) increased 6.7% YoY, to $45.36. S. Craig Lindner and Carl H. Lindner III, American Financial's Co-CEOs, commented, "Our specialty P&C and annuity operations performed well during the third quarter, producing strong core operating earnings as we continued to grow businesses where we are achieving targeted returns." They continued, "Our strong financial position provides the flexibility to act on strategic business opportunities with the potential to produce desired long-term returns. We will continue to evaluate opportunities to grow our business and will return value to our shareholders through opportunistic share repurchases and dividends." For full-year 2013, the Company anticipates core operating EPS to be within $4.00 and $4.20. The Full Research Report on American Financial Group Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/ac2c_AFG]
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts' Corner
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article