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If You Invested $1,000 In Berkshire Hathaway Stock When Warren Buffett Bought GEICO, Here's How Much You'd Have Now
Wednesday, April 12, 2023 - 7:09pm | 675Legendary investor Warren Buffett is known for being the CEO of Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B). The holding company led by Buffett has acquired many companies over the years and invested in some of the largest publicly traded companies. Here’s a look at how the stock has...
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These 2 Under-The-Radar Stocks Traded More Than $1B Each Last Month
Friday, August 5, 2022 - 4:08pm | 1203The month of July saw $37.3 billion in trading volume for stocks that trade on the OTCQK and OTCQB. While some of the stocks that trade over-the-counter are considered penny stocks based on their share price, they are also some of the largest companies in the world and represent a diverse list...
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What Would A Nuclear Disaster Mean For Insurance Companies? Warren Buffett Chimes In
Sunday, May 1, 2022 - 8:14am | 585The invasion of Ukraine by Russia and threats of a potential nuclear war between several countries was turned into a topic of debate at the annual Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) shareholder meeting. Here’s what Warren Buffett had to say about the risks of nuclear war and...
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EXCLUSIVE: Omnichannel Acquisition Partner Kin Insurance Reports Triple Digit Growth In Q3
Wednesday, October 20, 2021 - 6:30am | 429SPAC merger partner Kin Insurance reported third-quarter financial results before the market open Wednesday. What Happened: Kin Insurance, which is merging with Omnichannel Acquisition (NYSE: OCA), reported third-quarter gross written premiums of $26.7 million, a 534% year-over-year...
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Gary Vaynerchuk, Matt Higgins SPAC OCA Strikes Deal For Homeowner Insurance Company Kin: What Investors Should Know
Monday, July 19, 2021 - 11:52am | 636Homeowner’s insurance company Kin Insurance announced a SPAC merger Monday to accelerate the company’s growth into new states and expand its direct-to-consumer platform. The SPAC Deal: Kin Insurance announced a SPAC merger with Omnichannel Acquisition Cop (NYSE: OCA) valuing the company...
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MSP Recovery Going Public Via SPAC With Portfolio Of $50B In Unpaid Claims: What Investors Should Know
Monday, July 12, 2021 - 10:55am | 551One of the largest SPAC deals of all time was announced Monday morning with MSP Recovery announcing a merger. The SPAC Deal: MSP Recovery announced a SPAC merger with Lionheart Acquisition Corp II (NASDAQ: LCAP) valuing the company at a pro forma enterprise value of $32.6 billion. There was not a...
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5 Warren Buffett Favorites To Keep An Eye On
Friday, July 2, 2021 - 7:56am | 744Legendary investor Warren Buffett has posted an impressive 21% year-to-date return for his flagship Berkshire Hathaway Inc (NYSE: BRKA) (NYSE: BRKB) in the first half of 2021. Here's a look at five stocks owned by Buffett and Berkshire Hathaway that could see strong gains in the second...
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3 Stocks At 52-Week Lows That Could Bounce
Wednesday, March 24, 2021 - 3:13pm | 671An important indicator for investors to consider could be a stock's 52-week trading range, which shows the lowest and highest price at which a particular stock has traded over the last 52 weeks. Here is a look at three stocks at 52-week lows that could bounce. American Well:...
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IPO Outlook: Oscar Health And InnovAge Hit Markets This Week
Sunday, February 28, 2021 - 5:38pm | 445Only two traditional IPO listings are expected to price during the week of March 1. Here is a look at what investors should expect from the IPO offerings. Oscar Health: Health insurance company Oscar Health (NYSE: OSCR) will be the biggest IPO of the week. The health insurance technology...
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3 Insurance IPO Launches To Watch In 2021
Saturday, February 20, 2021 - 9:15am | 585The IPOs of several insurance companies, such as Lemonade Inc (NYSE: LMND), in 2020 may lead to additional companies in the sector hitting the public market in 2021. Companies could explore a traditional IPO or a SPAC deal to bring their insurance companies public. Oscar Health: Health...
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3 Insurance Stocks Prepped For A Turnaround In 2021
Tuesday, February 9, 2021 - 12:00pm | 642The insurance market covers several areas like auto, home and property. Insurance stocks can be good for value and income investors as they typically come with dividends. Insurance stocks offer large addressable markets and come with a built in subscription model that brings in revenue from...
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Why AIG Shares Traded Higher In Monday's After-Hours Session
Tuesday, October 27, 2020 - 1:41am | 274American International Group Inc (NYSE: AIG) shares traded higher in the after-hours session Monday after the company announced new leadership and the decision to spinoff its life and retirement business. New Leadership: The AIG Board of Directors named Peter S. Zaffino as CEO, who currently...
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Allstate Investors, Are You In Good Hands? Deutsche Downgrades Stock Seeing Resistance Ahead
Thursday, August 3, 2017 - 2:33pm | 347Dennis Haysbert famously asks TV viewers if they are in "good hands" with their insurance plans. But ask analysts at Deutsche Bank if a position in Allstate Corp (NYSE: ALL) would be in "good hands" in a portfolio and the answer is not necessarily. Joshua Shanker downgraded...
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Look For MetLife To Soon Be A High-Yielding Standout Among Large-Cap Financials
Thursday, May 25, 2017 - 1:20pm | 448Analysts at FBR & Co. upgraded shares of Metlife Inc (NYSE: MET) as the stock's underperformance versus its peers since the start of 2017 has now created a compelling buying opportunity. FBR's Randy Binner upgraded MetLife's stock from Market Perform to Outperform with a price target boosted...
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BMO's Adjustment In Coverage Of AIG, Chubb Limited And The Insurance Sector
Monday, July 11, 2016 - 3:29pm | 513Analysts at BMO Capital Markets made several changes to their price targets and ratings of insurance companies. Chubb Downgraded To Market Perform Charles Sebaski of BMO Capital Markets downgraded shares of Chubb Ltd (NYSE: CB) to Market Perform from Outperform with a price target raised to $136...