BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[ACE to Join S&P 500]]>http://www.bloggingstocks.com/2010/07/09/ace-to-join-sandp-500/http://www.bloggingstocks.com/2010/07/09/ace-to-join-sandp-500/http://www.bloggingstocks.com/2010/07/09/ace-to-join-sandp-500/#commentsFiled under: , , , ,

Ace Ltd. logoACE Limited (ACE - option chain) shares are rising today after Standard & Poor's said that ACE will be added to its S&P 500 index after the close of trading on July 14. The company will replace Millipore (MIL), which will be acquired by Merck KGaA. When stocks are added to major indices like the S&P, it is usually seen as a bullish indicator, since all tracking funds will need to add ACE to their holdings. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on ACE.

ACE opened this morning at $55.45. So far today the stock has hit a low of $54.58 and a high of $55.66. As of 12:30, ACE is trading at $55.39 up $3.17 (6.1%). The chart for ACE looks bullish and S&P gives ACE a positive 4 STARS (out of 5) buy ranking.

Continue reading ACE to Join S&P 500

ACE to Join S&P 500 originally appeared on BloggingStocks on Fri, 09 Jul 2010 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ACEACE LimitedinthenewsInvestors ObserveroptionsSP 500Fri, 09 Jul 2010 14:00:00 EST<![CDATA[Aon unloads underwriting units for $2.75 billion]]>http://www.bloggingstocks.com/2007/12/18/aon-unloads-underwriting-units-for-2-75-billion/http://www.bloggingstocks.com/2007/12/18/aon-unloads-underwriting-units-for-2-75-billion/http://www.bloggingstocks.com/2007/12/18/aon-unloads-underwriting-units-for-2-75-billion/#commentsFiled under: ,

AON (NYSE: AOC) logo Aon (NYSE: AOC) thinks that risk brokerage and consulting has the best future, in terms of margins and growth.

To that end, the company announced Monday that it is selling off its underwriting businesses. Combined Insurance Company was sold for $2.4 billion to ACE Limited (NYSE: ACE), while Munich Re bought Aon's Sterling Life segment for $352 million.

Yes, even in the massive insurance business, this is a good chunk of change for Aon.

Continue reading Aon unloads underwriting units for $2.75 billion

Aon unloads underwriting units for $2.75 billion originally appeared on BloggingStocks on Tue, 18 Dec 2007 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ACE LimitedAceLimitedAOCAon CorpAonCorpCombined InsuranceCombinedInsuranceInsuranceinthenewsMunich ReMunichReSterling LifeSterlingLifeTue, 18 Dec 2007 10:40:00 EST