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swiss re posts

Before the bell: Futures indicating a lower start as oil rises

Posted Nov 19th 2007 7:46AM by Melly Alazraki (RSS feed)
Filed under: Before the Bell, International Markets, Analyst Upgrades and Downgrades, Hewlett-Packard (HPQ), Market Matters, Citigroup Inc. (C), Xerox Corp (XRX), Lowe's Cos (LOW), Economic Data

If you're a bear, then at least another down beginning may await you in today's session. At least, that's the indication U.S. stock futures are giving this morning. As economists forecast the risk of a recession increased due to the collapse of the housing market along with the credit crunch and as oil prices jumped again on OPEC comments, it seems the bears have returned.

On Friday, U.S. stocks saw volatile session that ended with gains, with the Dow industrials rising 66 points, or 0.51%, the Nasdaq Composite up 18 points, or 0.72%, and the S&P 500 rising 7 points, or 0.52%. On the week stocks finished higher in a week full of wild swings. The Dow ended up 1.03%, the S&P 500 and the Nasdaq ended up 0.35%.

Not much economic data is due today so investors are focusing on rising oil prices, overseas activity and some M&A action.

Continue reading Before the bell: Futures indicating a lower start as oil rises

Companies going green to make the green

Posted Apr 4th 2007 8:15PM by Victoria Erhart (RSS feed)
Filed under: Other Issues, Good news, Magazines, Competitive Strategy, Hewlett-Packard (HPQ), Goldman Sachs Group (GS), Contl Airlines'B' (CAL)

Socially conscious investors may want to grab a copy of this week's (April 2, 2007) edition of FORTUNE magazine, which is all about the greening of corporate America. No longer can companies merely not pollute: The double bottom line of both economic profitability and social responsibility demands that companies re-engineer themselves and their products to be as environmentally friendly as possible.

Companies that are ahead of the game will prosper. Companies that lag behind in environmentalism will be punished by investors as well as the media. The article "Green is Good" summarizes the green activities of 10 well known companies that stand to reap rewards for their environmentally sensitive manufacturing and operational practices. Companies taking the lead towards a low-carbon economy are:

Continue reading Companies going green to make the green

GE after the bell 6/12/06: down a bit, but without load of insurance division anymore

Posted Jun 12th 2006 4:51PM by Tobias Buckell (RSS feed)
Filed under: After the Bell, Deals, Press Releases, Products and Services, Competitive Strategy, General Electric (GE)

GE closed today at $33.87 down 20 cents, a mere blip downwards of .59 percent. GE today wasn't announcing big news, just finishing up its spinning off of its reinsurance business. This deal makes Swiss Re the world's largest reinsurance firm. A further bonus: GE picked up an additional $1.8 billion in the deal as GE Insurance's book value increased since striking the deal.

The Insurance section of GE has cost the company a lot, losing over $700 million and needing some $3.2 billion of capital. Immelt must be thrilled to see GE finalizing this deal. As he admitted in the last investors meeting, 'he no longer has to obsessively watch the weather channel.'

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