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[Florida Insurance Bodies to Issue Bonds]]>http://www.bloggingstocks.com/2010/03/30/florida-insurance-bodies-to-issue-bonds/http://www.bloggingstocks.com/2010/03/30/florida-insurance-bodies-to-issue-bonds/http://www.bloggingstocks.com/2010/03/30/florida-insurance-bodies-to-issue-bonds/#commentsFiled under: , ,

Florida's insurer for high-risk homeowner policies, Citizens Property Insurance Corp., is issuing a bond to beef up its balance sheet. The state property insurer, which takes on the risks that private insurers in the state will not, is looking to raise around $2.5 billion.

The "pre-sale" ends on April 6, 2009 and was called "very successful" by Citizens CFO Sharon Binnun, who continued, "We met our liquidity goal for the year." A quiet hurricane season in 2009 left Citizens, the largest property insurer in the state, with a surplus of around $14 billion.

Continue reading Florida Insurance Bodies to Issue Bonds

Florida Insurance Bodies to Issue Bonds originally appeared on BloggingStocks on Tue, 30 Mar 2010 12:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>citizensfloridaGoldman SachsGShurricaneHurricanesinsuranceinsurance companiesinsurance industryinthenewsJPMJpmorganChaseRaymond James FinancialrjfTue, 30 Mar 2010 12:00:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: JCP, NVLS, CAG, RJF, PCG, STP, AMZN, MS, MSFT]]>http://www.bloggingstocks.com/2009/03/27/analyst-upgrades-downgrades-and-initiations-jcp-nvls-cag-rj/http://www.bloggingstocks.com/2009/03/27/analyst-upgrades-downgrades-and-initiations-jcp-nvls-cag-rj/http://www.bloggingstocks.com/2009/03/27/analyst-upgrades-downgrades-and-initiations-jcp-nvls-cag-rj/#commentsFiled under: , , , , , , , , , ,

Analyst upgrades:
  • JP Morgan upgraded J.C. Penney (NYSE: JCP) to Neutral from Underweight based on lower input costs, stabilization in home, lower markdown dollars, and valuation.
  • Oppenheimer upgraded Novellus (NASDAQ: NVLS) to Perform from Underperform as it believes Novellus' market share has stabilized and that the company is a potential acquisition target. The firm raised its price target to $20 from $9.
  • Bernstein upgraded ConAgra (NYSE: CAG) to Market Perform from Underperform citing strength in grains and moderating input costs.
  • ConocoPhillips (NYSE: COP) was raised to Buy from Neutral at Goldman.
  • China Housing (NASDAQ: CHLN) was upgraded to Buy from Hold at Roth Capital.

Continue reading Analyst upgrades, downgrades and initiations: JCP, NVLS, CAG, RJF, PCG, STP, AMZN, MS, MSFT

Analyst upgrades, downgrades and initiations: JCP, NVLS, CAG, RJF, PCG, STP, AMZN, MS, MSFT originally appeared on BloggingStocks on Fri, 27 Mar 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>amazonamazon.comAMZNbiomarinbiomarin pharmaceuticalsbiomarinpharmaceuticalsBMRNCAGChina HousingChinaHousingCHLNconagraconagra foodsconagrafoodsconococonocophillipsCOPJ.C. PenneyJ.c.PenneyJCPmicrosoftmorgan stanleyMorganStanleyMSMSFTNETLnetlogicNovellusNVLSPCGPGEraymond jamesraymond james financialRaymondJamesRaymondJamesFinancialriverbedriverbed technologyRiverbedTechnologyRJFRVBDSTPsuntechsuntech powerSuntechPowertrina solarTrinaSolarTSLwarnacowarnaco groupwarnacogroupWRCFri, 27 Mar 2009 10:00:00 EST<![CDATA[Berkshire Hathaway, Aflac and RBC among best financials, says CNNMoney]]>http://www.bloggingstocks.com/2008/05/06/berkshire-hathaway-aflac-and-rbc-among-best-financials-says-cn/http://www.bloggingstocks.com/2008/05/06/berkshire-hathaway-aflac-and-rbc-among-best-financials-says-cn/http://www.bloggingstocks.com/2008/05/06/berkshire-hathaway-aflac-and-rbc-among-best-financials-says-cn/#commentsFiled under: , , ,

Over the past year, we have been hearing a lot of bad news about investment banks and insurers. The slumping housing market, credit crunch and subprime mortgage troubles have been leading the headlines, so many of you are probably shying away from financial stocks as almost all the banks have been getting only bad publicity lately.

In the light of those worries about safe investments, CNNMoney is asking us to reconsider our opinions, claiming that there really are some quality stocks in these challenging financial times.

Berkshire Hathaway tops the list, mainly because of its CEO Warren Buffett, who has the experience of surviving previous recessions. While some investors may have impression that the company has a lot of tough times ahead, CNNMoney sees Berkshire with a lot of capital, which could be enough to steer it through the current economic storm. To support this argument, CNNMoney cites Keppler Asset management CIO Michael Keppler, who is convinced that Berkshire will be able to beat the difficult market.

Continue reading Berkshire Hathaway, Aflac and RBC among best financials, says CNNMoney

Berkshire Hathaway, Aflac and RBC among best financials, says CNNMoney originally appeared on BloggingStocks on Tue, 06 May 2008 15:22:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aflAflacBank of Oklahoma Financial Corp.BankOfOklahomaFinancialCorp.Berkshire HathawayBerkshireHathawayCNNMoneyRaymond James FinancialRaymondJamesFinancialrjfRoyal Bank of CanadaRoyalBankOfCanadaryTue, 06 May 2008 15:22:00 EST