Welcome!

News Feed Item

Equities Updates on Insurance Industry -- American Intl. Group, Loews, Hartford Financial Services, The Progressive, and Allstate

Editor Note: For more information about this release, please scroll to bottom

LONDON, July 30, 2014 /PRNewswire/ --


On Tuesday, July 29, 2014, the NASDAQ Composite ended at 4,442.70, down 0.05%, the Dow Jones Industrial Average finished the day 0.42% lower at 16,912.11, and the S&P 500 closed at 1,969.95, down 0.45%. The losses were broad based as nine out of ten sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 306.81, down 0.61%, while the index has advanced 0.07% in the last one month. Investor-Edge has initiated coverage on the following equities: American International Group Inc. (NYSE: AIG), Loews Corporation (NYSE: L), The Hartford Financial Services Group Inc. (NYSE: HIG), The Progressive Corporation (NYSE: PGR), and The Allstate Corporation (NYSE: ALL). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

On Tuesday, shares in American International Group Inc. recorded a trading volume of 6.33 million shares, lower than its three months average volume of 7.16 million shares. The stock finished the day at $53.35, down 1.11%, and registered an intraday range of $53.31 and $54.14. Shares of American International Group Inc. have declined 2.31% in the last one month. However, the stock has advanced 1.02% in the previous three months and 4.51% on YTD basis. Furthermore, the company is trading above its 200-day moving average. The stock's 50-day moving average of $54.65 is above its 200-day moving average of $51.31. Additionally, shares of the company traded at a PE ratio of 12.03 and have a Relative Strength Index (RSI) of 40.41. Sign up and read the free notes on AIG at:

http://www.Investor-Edge.com/AIG-30Jul2014

Loews Corp.'s stock declined 0.46%, to close Tuesday's session at $43.27, after oscillating between $43.15 and $43.55. The stock recorded a trading volume of 1.13 million shares, close to its three months average volume of 1.14 million shares. Over the last one month and past three months, Loews Corp.'s shares have lost 1.21% and 1.88%, respectively. Also, from the beginning of 2014, the stock has fallen by 10.30%. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $45.24 is above its 50-day moving average of $43.64. Further, Loews Corp.'s stock traded at a PE ratio of 14.01 and has an RSI of 43.43. The complimentary notes on L can be downloaded as in PDF format at:

http://www.Investor-Edge.com/L-30Jul2014

On Tuesday, shares in The Hartford Financial Services Group Inc. finished the session 0.65% lower at $35.10. A total of 3.48 million shares were traded, which was above its three months average volume of 2.88 million shares. The stock moved between $35.07 and $35.55 during the session. Over the last one month and past three months, shares in The Hartford Financial Services Group Inc. have declined 1.57% and 0.17%, respectively. Also, the stock has lost 3.12% since the start of this year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $35.71 is greater than its 200-day moving average of $35.06. Shares of the company traded at a PE ratio of 9.23 and have an RSI of 39.83. Register for free on Investor-Edge and access the latest research on HIG at:

http://www.Investor-Edge.com/HIG-30Jul2014

The Progressive Corp.'s stock fluctuated between $23.83 and $24.24 before ending Tuesday's session down 1.32%, at $23.84. The company's stock reported a trading volume of 3.19 million shares, below its three months average volume of 4.27 million shares. Further, The Progressive Corp.'s shares have plummeted 1.97% over the past three trading sessions and 5.62% over the last one month. Also, the stock has declined 8.83% on YTD basis. The company is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $25.01 is greater than its 200-day moving average of $24.83. Moreover, shares of The Progressive Corp. traded at a PE ratio of 14.64 and have an RSI of 33.75. The complete research on PGR is available for free at:

http://www.Investor-Edge.com/PGR-30Jul2014

The Allstate Corp.'s stock fell by 1.54%, to close Tuesday's session at $57.05, after vacillating between $57.03 and $57.79. The stock recorded a trading volume of 3.31 million shares, above its three months average volume of 2.16 million shares. Over the last one month, The Allstate Corp.'s shares have fallen by 2.79%. However, over the past three months and from the beginning of 2014, the stock has gained 0.28% and 4.60%, respectively. The company is trading above its 200-day moving average. The stock's 50-day moving average of $58.56 is above its 200-day moving average of $55.33. Further, The Allstate Corp.'s stock traded at a PE ratio of 10.05 and has an RSI of 42.50. Free in depth research on ALL is available at:

http://www.Investor-Edge.com/ALL-30Jul2014

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

EDITOR'S NOTES:

===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, will motivate why realizing the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insigh...
Cloud applications are seeing a deluge of requests to support the exploding advanced analytics market. “Open analytics” is the emerging strategy to deliver that data through an open data access layer, in the cloud, to be directly consumed by external analytics tools and popular programming languages. An increasing number of data engineers and data scientists use a variety of platforms and advanced analytics languages such as SAS, R, Python and Java, as well as frameworks such as Hadoop and Spark...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 20th Cloud Expo, Tom Eck, Industry Platforms CTO at IBM Cloud, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing developers ...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
Regardless of what business you’re in, it’s increasingly a software-driven business. Consumers’ rising expectations for connected digital and physical experiences are driving what some are calling the "Customer Experience Challenge.” In his session at @DevOpsSummit at 20th Cloud Expo, Marco Morales, Director of Global Solutions at CollabNet, will discuss how organizations are increasingly adopting a discipline of Value Stream Mapping to ensure that the software they are producing is poised to o...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, w...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the industry's fastest-growing and most adopted cloud application platform.