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Insurance holding company $UIHC said it has closed its acquisition of Interboro Insurance Company by acquiring all issued and outstanding common stock of Interboro for $57MM. $UIHC paid $48.5MM of cash at closing and issued an $8.5MM promissory note to Interboro LLC, which will mature in 18 months after closing of the transaction.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.