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
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, gave users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion with budd...
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
SYS-CON Events announced today that Ocean9will 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. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle.
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, 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. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
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.
Some people worry that OpenStack is more flash then substance; however, for many customers this could not be farther from the truth. No other technology equalizes the playing field between vendors while giving your internal teams better access than ever to infrastructure when they need it. In his session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will talk through some real-world OpenStack deployments and look into the ways this can benefit customers of all sizes....
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, 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. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
SYS-CON Events announced today that CA Technologies has been named “Platinum 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, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...