Latest Tower Group (TWGP) Headlines
Tower Group receives Nasdaq notice concerning listing requirements
M2 - Mon Mar 10, 6:48AM CDT
A Bermuda based diversified insurance and reinsurance holding company, Tower Group International Ltd (NASDAQ:TWGP) received a non-compliance notification letter from the Nasdaq Listing Qualification Department (Nasdaq) on 5 March 2014, due to non-filing of its Annual Report on Form 10-K for the period ended 31 December 2013 (the 10-K), with the US Securities and Exchange Commission (SEC), it declared on Friday.
Tower Group International Receives Nasdaq Notice Regarding Listing Requirements
Business Wire - Fri Mar 07, 3:30PM CST
Tower Group International, Ltd. (NASDAQ:TWGP) announced today that it received a notification letter from The Nasdaq Listing Qualification Department ("Nasdaq") on March 5, 2014, stating that because the Company has not yet filed its Annual Report on Form 10-K for the period ended December 31, 2013 (the "10-K") with the Securities and Exchange Commission ("SEC"), it was not in compliance with the continued listing requirements under Nasdaq Listing Rule 5250(c)(1). This press release is being issued in accordance with Nasdaq Listing Rule 5810(b).
AmTrust: A Strong Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 18, 2:10PM CST
On Feb 14, Zacks Investment Research upgraded AmTrust Financial Services Inc. by a notch to a Zacks Rank #1 (Strong Buy).
5 Hated Stocks That Could Get Squeezed Much Higher
at The Street - Fri Feb 14, 7:59AM CST
These heavily shorted stocks are candidates for monster short squeezes.
SRA Named 2014 Healthiest 100 Workplaces Award Winner by Healthiest Employers
Business Wire - Wed Feb 12, 7:30AM CST
SRA International, Inc., a leading provider of IT solutions and professional services to government organizations, today announced that Healthiest Employers, the leader in employee health analytics, best practices and benchmark data, has inducted the company into the 2014 Healthiest 100 Workplaces in America. Every one of the employers named has achieved remarkable and sustainable success through a broad range of corporate wellness programs and employee wellness initiatives.
Tower Group International, Ltd. Reports Third Quarter 2013 Results
Business Wire - Tue Feb 11, 4:32PM CST
Tower Group International, Ltd. (NASDAQ:TWGP) today announced financial results for the third quarter and first nine months of 2013. These results reflect the third reported quarter of results following the March 13, 2013 merger between Tower Group, Inc. (TGI) and Canopius Holdings Bermuda Limited (Canopius Bermuda), which was renamed Tower Group International, Ltd. (Tower or the Company) upon completion of the merger and became the ultimate parent company. Since the merger transaction was accounted for as a reverse acquisition and recapitalization, under which TGI was identified and treated as the accounting acquirer, historical results prior to the first quarter of 2013 reflect only the financial results reported by TGI, with equity accounts and earnings per share restated to reflect Tower's new capitalization.
4 Stocks Under $10 Moving Higher
at The Street - Fri Feb 07, 8:31AM CST
When a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits.
Tower Group Int'l Chairman, CEO Lee resigns
AP - Fri Feb 07, 5:42AM CST
NEW YORK (AP) — Tower Group International Chairman, President and CEO Michael Lee has resigned to pursue personal and other career opportunities.
Tower Group International, Ltd. Chairman, President and Chief Executive Officer Resigns; Jan R. Van Gorder to be Appointed as Chairman and William W. Fox, Jr. Expected to be Appointed President and Chief Executive Officer
Business Wire - Fri Feb 07, 5:00AM CST
Tower Group International, Ltd. (NASDAQ: TWGP) announced today that its Chairman, President and Chief Executive Officer, Michael H. Lee, has resigned, effective immediately, from the Company and the Company's Board of Directors to pursue personal and other career opportunities. The Company announced that Jan R. Van Gorder, who is the lead independent director of the Company's Board of Directors and a member of the Board's Audit Committee, Compensation Committee and Corporate Governance and Nominating Committee, would be appointed to succeed Mr. Lee as Chairman of the Board, and that William W. Fox, Jr., who had served as a member of the Board of Directors and of the Board's Audit Committee and Corporate Governance and Nominating Committee until his resignation from the Board on December 31, 2013, is expected to succeed Mr. Lee as President and Chief Executive Officer of Tower upon the finalization of his employment terms.
Here's What This $18 Billion Money Manager Has Been Buying
Selena Maranjian, The Motley Fool - Motley Fool - Thu Jan 30, 10:05AM CST
Follow @SelenaMaranjian // full story)
AmTrust Promoted to Strong Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jan 17, 4:34PM CST
On Jan 17, Zacks Investment Research upgraded AmTrust Financial Services Inc. (AFSI) by a notch to a Zacks Rank #1 (Strong Buy).
DSM - repurchase of shares (10 - 16 January 2014)
GlobeNewswire - Fri Jan 17, 2:19AM CST
The total number of shares repurchased under this program to date is 1,625,275 shares for a total consideration of EUR93.6 million.
Artis Real Estate Investment Trust Announces Quarterly Cash Distribution
Marketwire - Thu Jan 16, 4:01PM CST
Artis Real Estate Investment Trust (TSX: AX.PR.G) ("Artis" or the "REIT") announced that its trustees have declared a quarterly cash distribution of $0.3125 per Series G preferred unit ("Series G Unit") of Artis for the quarter ending January 31, 2014. The cash distributions will be made on January 31, 2014 to Series G Unitholders of record on January 31, 2014.
International Datacasting Provides Update on Company Progress
Marketwire - Thu Jan 16, 4:01PM CST
International Datacasting Corporation (TSX: IDC) ("IDC" or the "Company") today released an update on the Company's expected performance for the fourth quarter of Fiscal 2014, as well as the progress achieved against the action plan resulting from the Company's strategic review conducted in the second half of Fiscal 2014.
Insurance Industry Stock Outlook - Jan 2014 - Industry Outlook
Kalyan Nandy - Zacks Investment Research - Tue Jan 14, 4:06AM CST
Insurance Industry Stock Outlook - Jan 2014 - Industry Outlook
Insurance Industry Stock Outlook - Jan 2014 - Zacks Analyst Interviews
Kalyan Nandy - Zacks Investment Research - Tue Jan 14, 4:06AM CST
Insurance Industry Stock Outlook - Jan 2014 - Zacks Analyst Interviews
A.M. Best Rates Tower Group, ACP Re - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jan 13, 5:50PM CST
Following the recent merger announcement of Tower Group International, with ACP Re Ltd.,A.M. Best Co. sprung into action, putting under review the ratings of both the companies.
A.M. Best Revises Under Review Status for Ratings of Tower Group International, Ltd. and Its Subsidiaries
Business Wire - Fri Jan 10, 3:02PM CST
A.M. Best Co. has maintained the under review status on the financial strength rating (FSR) of B (Fair) and issuer credit ratings (ICR) of "bb" of the pooled and reinsured members of the Tower US Pool; the ICR of "b-" and the debt rating of "b-" on $145.4 million 5.00% senior convertible notes due 2014 of the intermediate holding company, Tower Group, Inc.; the FSR of B (Fair) and ICR of "bb" of CastlePoint Reinsurance Company, Ltd. (Bermuda); and the ICR of "b-" of the ultimate parent, Tower Group International, Ltd. (Tower) (Bermuda) [NASDAQ: TWGP]. The implications have been revised to developing from negative for all of these ratings. All companies are headquartered in New York, NY, unless otherwise specified. (See below for detailed listing of the companies and ratings.)
A.M. Best Places Ratings of ACP Re Ltd. Under Review With Negative Implications
Business Wire - Fri Jan 10, 3:01PM CST
A.M. Best Co. has placed under review with negative implications the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of ACP Re Ltd. (ACP Re) (Bermuda) following the recent announcement that it has agreed to acquire 100% of the outstanding stock of Tower Group International, Ltd. (Tower) (Bermuda).
Harwood Feffer LLP Announces Investigation of Tower Group International, Ltd.
PR Newswire - Thu Jan 09, 8:28PM CST
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Tower Group International, Ltd. ("Tower" or the "Company") (NASDAQ: TWGP) concerning the proposed acquisition of the Company by ACP Re Ltd. ("ACP").
Tower Group receives Nasdaq notice concerning listing requirements
M2 - Mon Mar 10, 6:48AM CDT
A Bermuda based diversified insurance and reinsurance holding company, Tower Group International Ltd (NASDAQ:TWGP) received a non-compliance notification letter from the Nasdaq Listing Qualification Department (Nasdaq) on 5 March 2014, due to non-filing of its Annual Report on Form 10-K for the period ended 31 December 2013 (the 10-K), with the US Securities and Exchange Commission (SEC), it declared on Friday.
Tower Group International Receives Nasdaq Notice Regarding Listing Requirements
Business Wire - Fri Mar 07, 3:30PM CST
Tower Group International, Ltd. (NASDAQ:TWGP) announced today that it received a notification letter from The Nasdaq Listing Qualification Department ("Nasdaq") on March 5, 2014, stating that because the Company has not yet filed its Annual Report on Form 10-K for the period ended December 31, 2013 (the "10-K") with the Securities and Exchange Commission ("SEC"), it was not in compliance with the continued listing requirements under Nasdaq Listing Rule 5250(c)(1). This press release is being issued in accordance with Nasdaq Listing Rule 5810(b).
AmTrust: A Strong Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 18, 2:10PM CST
On Feb 14, Zacks Investment Research upgraded AmTrust Financial Services Inc. by a notch to a Zacks Rank #1 (Strong Buy).
5 Hated Stocks That Could Get Squeezed Much Higher
at The Street - Fri Feb 14, 7:59AM CST
These heavily shorted stocks are candidates for monster short squeezes.
SRA Named 2014 Healthiest 100 Workplaces Award Winner by Healthiest Employers
Business Wire - Wed Feb 12, 7:30AM CST
SRA International, Inc., a leading provider of IT solutions and professional services to government organizations, today announced that Healthiest Employers, the leader in employee health analytics, best practices and benchmark data, has inducted the company into the 2014 Healthiest 100 Workplaces in America. Every one of the employers named has achieved remarkable and sustainable success through a broad range of corporate wellness programs and employee wellness initiatives.
Tower Group International, Ltd. Reports Third Quarter 2013 Results
Business Wire - Tue Feb 11, 4:32PM CST
Tower Group International, Ltd. (NASDAQ:TWGP) today announced financial results for the third quarter and first nine months of 2013. These results reflect the third reported quarter of results following the March 13, 2013 merger between Tower Group, Inc. (TGI) and Canopius Holdings Bermuda Limited (Canopius Bermuda), which was renamed Tower Group International, Ltd. (Tower or the Company) upon completion of the merger and became the ultimate parent company. Since the merger transaction was accounted for as a reverse acquisition and recapitalization, under which TGI was identified and treated as the accounting acquirer, historical results prior to the first quarter of 2013 reflect only the financial results reported by TGI, with equity accounts and earnings per share restated to reflect Tower's new capitalization.
4 Stocks Under $10 Moving Higher
at The Street - Fri Feb 07, 8:31AM CST
When a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits.
Tower Group Int'l Chairman, CEO Lee resigns
AP - Fri Feb 07, 5:42AM CST
NEW YORK (AP) — Tower Group International Chairman, President and CEO Michael Lee has resigned to pursue personal and other career opportunities.
Tower Group International, Ltd. Chairman, President and Chief Executive Officer Resigns; Jan R. Van Gorder to be Appointed as Chairman and William W. Fox, Jr. Expected to be Appointed President and Chief Executive Officer
Business Wire - Fri Feb 07, 5:00AM CST
Tower Group International, Ltd. (NASDAQ: TWGP) announced today that its Chairman, President and Chief Executive Officer, Michael H. Lee, has resigned, effective immediately, from the Company and the Company's Board of Directors to pursue personal and other career opportunities. The Company announced that Jan R. Van Gorder, who is the lead independent director of the Company's Board of Directors and a member of the Board's Audit Committee, Compensation Committee and Corporate Governance and Nominating Committee, would be appointed to succeed Mr. Lee as Chairman of the Board, and that William W. Fox, Jr., who had served as a member of the Board of Directors and of the Board's Audit Committee and Corporate Governance and Nominating Committee until his resignation from the Board on December 31, 2013, is expected to succeed Mr. Lee as President and Chief Executive Officer of Tower upon the finalization of his employment terms.
Here's What This $18 Billion Money Manager Has Been Buying
Selena Maranjian, The Motley Fool - Motley Fool - Thu Jan 30, 10:05AM CST
Follow @SelenaMaranjian // full story)
AmTrust Promoted to Strong Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jan 17, 4:34PM CST
On Jan 17, Zacks Investment Research upgraded AmTrust Financial Services Inc. (AFSI) by a notch to a Zacks Rank #1 (Strong Buy).
DSM - repurchase of shares (10 - 16 January 2014)
GlobeNewswire - Fri Jan 17, 2:19AM CST
The total number of shares repurchased under this program to date is 1,625,275 shares for a total consideration of EUR93.6 million.
Artis Real Estate Investment Trust Announces Quarterly Cash Distribution
Marketwire - Thu Jan 16, 4:01PM CST
Artis Real Estate Investment Trust (TSX: AX.PR.G) ("Artis" or the "REIT") announced that its trustees have declared a quarterly cash distribution of $0.3125 per Series G preferred unit ("Series G Unit") of Artis for the quarter ending January 31, 2014. The cash distributions will be made on January 31, 2014 to Series G Unitholders of record on January 31, 2014.
International Datacasting Provides Update on Company Progress
Marketwire - Thu Jan 16, 4:01PM CST
International Datacasting Corporation (TSX: IDC) ("IDC" or the "Company") today released an update on the Company's expected performance for the fourth quarter of Fiscal 2014, as well as the progress achieved against the action plan resulting from the Company's strategic review conducted in the second half of Fiscal 2014.
Insurance Industry Stock Outlook - Jan 2014 - Industry Outlook
Kalyan Nandy - Zacks Investment Research - Tue Jan 14, 4:06AM CST
Insurance Industry Stock Outlook - Jan 2014 - Industry Outlook
Insurance Industry Stock Outlook - Jan 2014 - Zacks Analyst Interviews
Kalyan Nandy - Zacks Investment Research - Tue Jan 14, 4:06AM CST
Insurance Industry Stock Outlook - Jan 2014 - Zacks Analyst Interviews
A.M. Best Rates Tower Group, ACP Re - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jan 13, 5:50PM CST
Following the recent merger announcement of Tower Group International, with ACP Re Ltd.,A.M. Best Co. sprung into action, putting under review the ratings of both the companies.
A.M. Best Revises Under Review Status for Ratings of Tower Group International, Ltd. and Its Subsidiaries
Business Wire - Fri Jan 10, 3:02PM CST
A.M. Best Co. has maintained the under review status on the financial strength rating (FSR) of B (Fair) and issuer credit ratings (ICR) of "bb" of the pooled and reinsured members of the Tower US Pool; the ICR of "b-" and the debt rating of "b-" on $145.4 million 5.00% senior convertible notes due 2014 of the intermediate holding company, Tower Group, Inc.; the FSR of B (Fair) and ICR of "bb" of CastlePoint Reinsurance Company, Ltd. (Bermuda); and the ICR of "b-" of the ultimate parent, Tower Group International, Ltd. (Tower) (Bermuda) [NASDAQ: TWGP]. The implications have been revised to developing from negative for all of these ratings. All companies are headquartered in New York, NY, unless otherwise specified. (See below for detailed listing of the companies and ratings.)
A.M. Best Places Ratings of ACP Re Ltd. Under Review With Negative Implications
Business Wire - Fri Jan 10, 3:01PM CST
A.M. Best Co. has placed under review with negative implications the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of ACP Re Ltd. (ACP Re) (Bermuda) following the recent announcement that it has agreed to acquire 100% of the outstanding stock of Tower Group International, Ltd. (Tower) (Bermuda).
Harwood Feffer LLP Announces Investigation of Tower Group International, Ltd.
PR Newswire - Thu Jan 09, 8:28PM CST
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Tower Group International, Ltd. ("Tower" or the "Company") (NASDAQ: TWGP) concerning the proposed acquisition of the Company by ACP Re Ltd. ("ACP").
