$STC (Stewart Information Services Corporation)

$STC {{ '2016-05-31T19:36:02+0000' | timeago}} • Announcement

Real estate services company $STC said its Stewart Title subsidiary has appointed Alan Edmondson as senior business development officer for the Dallas office. Prior to joining $STC, Mr. Edmondson spent four years with a Dallas title agency, where he was the top producer.

$TMP {{ '2017-07-21T15:53:00+0000' | timeago}} • Announcement

Financial services firm $TMP has declared a quarterly cash dividend of $0.45 per share. The dividend is payable on August 15, 2017, to shareholders of record on August 1, 2017.

$AFG {{ '2017-07-20T21:02:20+0000' | timeago}} • Announcement

$AFG intends to redeem all of the outstanding 5.75% senior notes due Aug. 2042. The senior notes, having an outstanding principal balance of $125MM, will be redeemed on Aug. 25, 2017, at 100% of principal plus accrued and unpaid interest to the redemption date. The senior notes are listed on the NYSE under the trading symbol $AFA.

$CB {{ '2017-07-20T17:16:52+0000' | timeago}} • Announcement

$CB has named Michelle McLaughlin as EVP & Property Manager for its North America Commercial Insurance division. She will report to Paul Lewis, EVP & Chief Underwriting Officer, Commercial Insurance. Ms. McLaughlin succeeds Edward Radzinski, who will retire at the end of August.

$FNF {{ '2017-07-19T21:11:35+0000' | timeago}} • Announcement

$FNF BoD declared a quarterly cash dividend of $0.25 per share. The dividend is payable Sept. 29, 2017, to stockholders of record as of Sept. 15, 2017.

$BAC {{ '2017-07-18T18:18:01+0000' | timeago}} • Webcast

$BAC said it does not consider M&A as a capital strategy. It said the company has been grown organically by investing in cash major capabilities and hence, it does not want to be distracted by acquisitions.

$BAC {{ '2017-07-18T17:11:25+0000' | timeago}} • Webcast

$BAC said total loans in 2Q17 were up 2% YoY, adding that sale of UK card lowered average loan by 2.9Bil. Loan growth was reduced by continued run-off consumer real estate loans during the quarter. However, loans in the business segment were up $39Bil or 5%, led by consumer banking. $BAC continues to see good growth in residential mortgages.

$CB {{ '2017-07-18T16:37:01+0000' | timeago}} • Announcement

$CB appointed Lee Farrow as EVP and Life Sciences Industry Practice Leader for North America. In new role, effective immediately, he will oversee strategy, operations and underwriting of biotechnology, pharmaceutical, supplement, and medical device customers. Farrow succeeds Phil Fiscus who has been appointed to Deputy Industry Practices Manager.

$BAC {{ '2017-07-18T13:11:59+0000' | timeago}} • Infographic

$BAC Bank of America Corporation Earnings AlphaGraphic: Q2 2017 Highlights

$BAC {{ '2017-07-18T12:24:18+0000' | timeago}} • Announcement

Revenue increased 9% to $8.5Bil in $BAC's Consumer Banking segment in 2Q17. Meanwhile, revenue rose 6% to $4.7Bil in Global Wealth and Investment Management, and 7% to a record $5Bil in Global Banking. Global Markets was a dark spot, with a revenue decline of 8% to $3.9Bil, driven by lower sales and trading results.

$BAC {{ '2017-07-18T12:12:51+0000' | timeago}} • Announcement

$BAC, the second-largest US lender by assets, said its sales and trading revenue was $3.2Bil in 2Q17, including negative net debit valuation adjustment of $159MM. Excluding net DVA, sales and trading revenue was down 9%YoY. Meanwhile, fixed income trading unit showed a decline of 14% during the quarter.

$BAC {{ '2017-07-18T12:03:28+0000' | timeago}} • Announcement

Despite a fall in trading, banking major $BAC reported higher revenue and net income in 2Q17, helped by growth in its largest unit - Consumer Banking. Total revenue grew 7% to $22.8Bil, while net income increased 10% to $4.9Bil, or $0.46 per share. Meanwhile, net interest income rose 9% to $11Bil, reflecting benefits from higher interest rates.

$CB {{ '2017-07-18T10:49:22+0000' | timeago}} • Announcement

$CB appointed Alexander Wells as Regional Manager for the Northeast and Mid-Atlantic Regions of the company's Commercial Insurance division in North America. Wells succeeds Jeffrey Updyke, who was recently named $CB's COO of North America Field Operations.

$BRO {{ '2017-07-17T21:49:56+0000' | timeago}} • Announcement

$BRO reported net income of $66.1MM or $0.46 per share in 2Q17 compared to $66.2MM or $0.47 per share in 2Q16. Net income was down 0.2% and diluted EPS was down 2.1% in 2Q17 versus 2Q16. Revenues were $466.3MM, up 4.4% versus 2Q16 with commissions and fees increasing by 4.3% and organic revenue increasing by 1.6%.

$KMPR {{ '2017-07-17T12:28:39+0000' | timeago}} • Announcement

$KMPR expects its 2Q17 results to include pre-tax catastrophe losses of $32-38MM and does not expect to recover any of these losses under its catastrophe reinsurance program. The losses were related to more than 15 storms throughout the country and adversely impacted losses for both homeowners and auto lines.

$AON {{ '2017-07-14T20:51:43+0000' | timeago}} • Announcement

$AON declared a quarterly cash dividend of $0.36 per share on its outstanding Class A ordinary shares, payable August 15, 2017 to shareholders of record on August 1, 2017.

$CB {{ '2017-07-14T11:48:27+0000' | timeago}} • Announcement

$CB announced several new leadership appointments within its Global Casualty and Excess Casualty lines of business for its North America Major Accounts division, effective immediately. $CB appointed Bill Hazelton as EVP of Chubb Construction Industry Practice, Environmental and Excess Casualty, and Joseph Fobert as EVP, Chubb Excess Casualty.

$CB {{ '2017-07-14T11:47:31+0000' | timeago}} • Announcement

$CB announced several new leadership appointments within its Global Casualty and Excess Casualty lines of business for its North America Major Accounts division, effective immediately. $CB appointed Bill Rabl as EVP, Chubb Global Casualty, and Lou Capparelli as EVP, Chubb Global Casualty Field Operations.

$CB {{ '2017-07-13T10:50:19+0000' | timeago}} • Announcement

$CB appointed Ross Bertossi as VP of Global Underwriting for Chubb Group. In this capacity, he will have responsibility for advancing underwriting excellence across the company, including general underwriting policy and underwriting management best practices.

$ICE {{ '2017-07-12T15:00:54+0000' | timeago}} • Announcement

$ICE said the NYSE enhanced its listing rules and services platform to attract Special Acquisition Companies (SPACs). The enhanced service offer has allowed for three SPAC listings in the past three months, TPG Pace Energy Holding’s $600MM listing, TPG Pace Holding Corporation’s $400MM listing and Hennessy Capital Acquisition III’s $225MM listing.

$XL {{ '2017-07-12T12:08:52+0000' | timeago}} • Announcement

XL Catlin, a $XL company, said its insurance operation in Iberia appointed Carlota Martinez and Antonio Prior to its Financial Lines team in Madrid as Senior Underwriters, and that Silvia Fernandez has been promoted to Junior Underwriter. All three will report to Ana Dores, Financial Lines Underwriting Manager based in Madrid.

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