$EIG (Employers Holdings, Inc.)

$EIG {{ '2016-03-14T17:07:53+0000' | timeago}} • Announcement

Provider of workers' compensation insurance $EIG said that it has promoted Dwight Robertson to the post of VP of Managed Care Services. Mr. Robertson supervises clinical and cost containment services for the company. He also provides medical leadership for the management of employers' workers' compensation provider networks.

$PYPL {{ '2017-07-26T22:38:44+0000' | timeago}} • Announcement

$PYPL announced a partnership with $BAC which will enable Bank of America customers to transact with PayPal in stores and seamlessly link their Bank of America cards into PayPal. Bank of America cards will be tokenized for customers wishing to use PayPal for in-store purchases, across MasterCard and Visa portfolios in the US.

$BAC {{ '2017-07-26T15:49:41+0000' | timeago}} • Announcement

$BAC declared a regular quarterly cash dividend on its common stock of $0.12 per share, payable Sept 29, to shareholders as of Sept 1. $BAC also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B, which is payable Oct 25 to shareholders as of Oct 11.

$KMPR {{ '2017-07-24T18:26:04+0000' | timeago}} • Announcement

$KMPR named Kan Yuk “Andy” Lau as the Senior Vice President and Chief Data & Analytics Officer, effective July 24, 2017. In this new role, Lau will report directly to Joseph P. Lacher, Jr.,$KMPR CEO.

$KMPR {{ '2017-07-24T16:52:10+0000' | timeago}} • Announcement

$KMPR said Kan Yuk “Andy” Lau will join the company on July 24, 2017 as SVP and Chief Data & Analytics Officer. Lau will report to CEO Joseph Lacher, Jr. Most recently, Lau served as VP, Analytics for CNA Insurance Company’s Enterprise Data and Analytics.

$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.

$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.

$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.

$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.

$ICE {{ '2017-07-06T21:51:43+0000' | timeago}} • Announcement

$ICE has appointed Warren Gardiner as VP of Investor Relations effective July 17. He will succeed Kelly Loeffler, who will continue to lead global marketing and communications as an SVP and a member of $ICE’s executive management committee. Gardiner joins $ICE from Evercore ISI.

$BAC {{ '2017-06-29T13:13:13+0000' | timeago}} • Announcement

$BAC received no objection from the Federal Reserve for its capital plan. The plan includes its intention to lift quarterly dividend by 60% to $0.12 per share, beginning in 3Q17, and its authorization to repurchase of $12Bil of common stock from July 1, 2017 through June 30, 2018.

$BAC {{ '2017-06-16T15:02:25+0000' | timeago}} • Announcement

$BAC's BoD authorized a regular quarterly cash dividend of $18.125 per Series L 7.25% Non-Cumulative Perpetual Convertible Preferred share. The BoD also authorized regular quarterly cash dividend of $0.3875 per Series CC 6.20% Non-Cumulative Preferred share. The dividends are payable on July 31 to shareholders of record as of July 1.

$WFC {{ '2017-06-13T21:31:11+0000' | timeago}} • Announcement

$WFC said Andrew Rowe has been selected as head of its Community Banking Customer Segments team, to join Wells Fargo in September. Rowe will join Wells Fargo from $BAC, where he most recently served as Consumer Risk Executive for consumer products and channels.

$EIG {{ '2017-06-13T17:05:33+0000' | timeago}} • Announcement

$EIG has named Jeffrey Shaw as VP, application development, data and integration. Most recently, Shaw served as the VP of technology for $EGOV.

$KMPR {{ '2017-06-13T10:11:25+0000' | timeago}} • Announcement

$KMPR has priced a registered offering of $200MM of its 4.350% senior notes due 2025 at an issue price of 101.193% of the principal amount. Kemper intends to use the net proceeds from this offering, which is expected to close around June 19, 2017, for general corporate purposes.

$WRB {{ '2017-06-12T20:03:31+0000' | timeago}} • Announcement

$WRB announced the formation of Berkley International Fianzas Mexico S.A. and Berkley International Seguros Mexico S.A. Both have been granted authorization to commence operations by Comision Nacional de Seguros y Fianzas (CNSF) and will begin offering coverages to clients throughout Mexico in the next few weeks.

$WRB {{ '2017-06-07T15:55:13+0000' | timeago}} • Announcement

$WRB announced the formation of two independent operating units, Berkley Entertainment & Sports and Berkley Environmental. These units, which previously comprised Berkley Specialty Underwriting Managers, have grown and evolved into independently successful businesses.

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