Mergers & Acquisitions

CNA Announces Sale of Life & Group Subsidiary to Wilton Re

CNA Announces Sale of Life & Group Subsidiary to Wilton Re PR Newswire CHICAGO, Feb. 10, 2014 CHICAGO , Feb. 10, 2014 /PRNewswire/ — CNA Financial Corporation (NYSE: CNA) today announced that it has entered into a definitive agreement to sell 100% of the common stock of Continental Assurance Company (CAC), an indirect, wholly owned life insurance subsidiary consisting primarily of structured settlement and group annuities, to a subsidiary of Wilton Re Holdings Limited ( Wilton Re ) […]

Mergers & Acquisitions

Misys Acquires IND Group to Create Power House in Retail Banking Solutions

Misys Acquires IND Group to Create Power House in Retail Banking Solutions PR Newswire LONDON and BUDAPEST, Hungary, February 10, 2014 LONDON and BUDAPEST, Hungary , February 10, 2014 /PRNewswire/ — First solution on the market uniting core and digital banking for banks Misys , the leading financial software company has acquired IND Group, the leading innovator in digital channels solutions. The acquisition adds world-class consumer-oriented solutions to Misys’ leading core banking capabilities, delivering the broadest retail banking solution in the market. IND Group is an innovator and provider of award-winning online and mobile banking, personal finance management and payments solutions. […]

Momentum Stocks

Bear of the Day: General Motors (GM) – Bear of the Day

2013 was a great year for the automotive industry as a stronger economy pushed many to buy new cars, while an improved European market had a similar effect on car sales across the Atlantic. Hopes were pretty high for a solid 2014 too, though with recent data some are wondering if that will really be the case. These concerns have really been centered on the January car sales report which came in far below expectations. […]

Momentum Stocks

Bull of the Day: Canadian Solar (CSIQ) – Bull of the Day

Although the solar power industry took a bit of a breather in the fourth quarter of 2013, it now appears that the sector is back on track. Strength has been seen in many names to start the year, and there is plenty of reason to believe that more gains can be had in this corner of the market in 2014 as well. While there are a number of solid names in this segment, one that you have probably overlooked until now is Canadian Solar ( CSIQ ) […]

Peter Schiff

Market Headed Down Unless QE Resumes

[youtube KoEAK2iL1_o] Peter Schiff on CNBC (2/4/2014) Listen Live Weekdays 10am to noon ET on http://www.SchiffRadio.com Buy my newest book at http://www.tinyurl.com/RealCrash Friend me on http://www.Facebook.com/PeterSchiff Follow me on http://www.Twitter.com/PeterSchiff […]

Peter Schiff

Get Ready for Gold Moonshot

[youtube ePBDeRDADmY] Peter Schiff on CNBC (2/4/2014) Listen Live Weekdays 10am to noon ET on http://www.SchiffRadio.com Buy my newest book at http://www.tinyurl.com/RealCrash Friend me on http://www.Facebook.com/PeterSchiff Follow me on http://www.Twitter.com/PeterSchiff […]

Stock Analysts

Comcast to Stream Olympics Live

NBC Universal, a unit of Comcast Corporation ( CMCSA ), is gearing up to cover the Sochi Winter Olympic Games to be held in Russia on multiple devices. The company will not only broadcast 230 hours of live games but will also offer live streaming services on smartphones and tablets. […]

Stock Analysts

Ingersoll-Rand Up on Dividend Hike

After the announcement of a 19% increase in quarterly dividend and a new share repurchase program, share prices of Ingersoll-Rand Plc ( IR ) have increased by 1.4% to 58.06 at the close of trading on Feb 6. Ingersoll has increased the quarterly dividend from 21 cents to 25 cents per share, which is payable on Mar 31, 2014 to shareholders of record on Mar 14. Additionally, Ingersoll approved a new $1.5 billion share repurchase program, which is likely to start in the second quarter of 2014 after the completion of its existing $2.0 billion share repurchase program. […]