Tiptree Financial Inc (TIPT) 7.94 $TIPT
Nasdaq stocks posting largest volume increases
AP - Fri Dec 19, 5:41PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
PTRY: 36.78 (+0.28), MCBK: 20.30 (+1.04), OCC: 4.75 (+0.03), HFFC: 13.83 (+0.02), TIPT: 7.94 (+0.14), CTIB: 3.74 (-0.06), LTRE: 1.59 (+0.02)
Insider Trading Alert - TIPT, TMH And UCBI Traded By Insiders
at The Street - Wed Dec 10, 9:45AM CST
Stocks with insider trader activity include TIPT, TMH and UCBI
UCBI: 18.71 (-0.09), TIPT: 7.94 (+0.14), TMH: 58.56 (-0.02)
Tiptree Financial names Richard Claiden as CFO and Julia Wyatt as COO
M2 - Wed Dec 10, 6:26AM CST
A diversified holding company, Tiptree Financial Inc (NASDAQ:TIPT) announced on Wednesday that it has appointed Richard Claiden and Julia Wyatt as its new chief financial officer (CFO) and chief operating officer (COO), respectively, effective 1 January 2015.
TIPT: 7.94 (+0.14)
Tiptree Financial Inc. Appoints Richard Claiden as Chief Financial Officer and Julia Wyatt as Chief Operating Officer
Business Wire - Tue Dec 09, 5:18PM CST
Tiptree Financial Inc. ("Tiptree" or the "Company"
(NASDAQ:TIPT), a diversified holding company, today announced the appointments of Richard Claiden as the Company's new Chief Financial Officer and Julia Wyatt as Chief Operating Officer, effective January 1, 2015. Ms. Wyatt, Tiptree's current Chief Financial Officer, will assist Mr. Claiden in his transition as the Company expands its senior leadership team.
TIPT: 7.94 (+0.14)
Merger Arbitrage Mondays - December 8, 2014
Asif Suria - Seeking Alpha - Mon Dec 08, 9:36AM CST
There was no change in merger activity last week with three new mergers announced and four deals closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal...
CY: 14.61 (+0.26), HE: 33.35 (+0.17), EMN: 76.80 (+0.04), ANY: 5.99 (+0.36), FRF: 9.97 (+0.04), TIPT: 7.94 (+0.14), TAM: 26.00 (+0.01), CNQR: 128.78 (-0.02), NEE: 107.98 (+1.66), AVNR: 16.91 (+0.01), SAP: 71.47 (+0.57), OVRL: 3.48 (-0.30), CODE: 34.55 (+0.64)
Tiptree Financial Inc. and Fortegra Financial Corporation Complete Merger
Business Wire - Thu Dec 04, 8:02AM CST
Tiptree Financial Inc. (NASDAQ:TIPT) ("Tiptree" and Fortegra Financial Corporation ("Fortegra" announced today completion of the previously announced merger of Fortegra into a subsidiary of Tiptree for approximately $218 million in cash. As of today, Fortegra's common stock will no longer be registered with the SEC nor trade on the New York Stock Exchange.
TIPT: 7.94 (+0.14)
Tiptree Financial (TIPT) Downgraded From Hold to Sell
at The Street - Wed Dec 03, 8:52AM CST
Tiptree Financial (TIPT) has been downgraded by TheStreet Ratings from Hold to Sell with a ratings score of D+.
TIPT: 7.94 (+0.14)
Fortegra Financial Upgraded to Strong Buy on Solid Q3 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Dec 01, 11:00AM CST
On Nov 29, Zacks Investment Research upgraded Fortegra Financial Corporation (FRF) to a Zacks Rank #1 (Strong Buy).
FRF: 9.97 (+0.04), TIPT: 7.94 (+0.14), CNO: 17.31 (+0.05), AIG: 56.28 (-0.16)
Tiptree Financial signs definitive acquisition agreement for Reliance First Capital LLC
M2 - Tue Nov 25, 8:39AM CST
Tiptree Financial Inc (NASDAQ:TIPT), a diversified holding company, disclosed on Tuesday that it has signed a definitive agreement with national mortgage banker Reliance First Capital LLC and the equity holders of Reliance, to acquire all of its equity interests for a combination of Tiptree's cash and class A common stock.
FCAP: 23.96 (+0.19), TIPT: 7.94 (+0.14)
Tiptree Financial Inc. to Acquire Reliance First Capital LLC
Business Wire - Mon Nov 24, 3:05PM CST
Tiptree Financial Inc. (NASDAQ:TIPT) ("Tiptree" has entered into a definitive agreement with Reliance First Capital, LLC ("Reliance" and the equityholders of Reliance to acquire all of the equity interests of Reliance for a combination of cash and Class A common stock of Tiptree.
FCAP: 23.96 (+0.19), TIPT: 7.94 (+0.14)
Tiptree EPS of $0.32
Seeking Alpha - at Seeking Alpha - Wed Nov 12, 4:30PM CST
TIPT: 7.94 (+0.14)
Tiptree Financial Inc. Reports Financial Results for the Third Quarter Ended September 30, 2014
Business Wire - Wed Nov 12, 4:10PM CST
Tiptree Financial Inc. ("Tiptree" or the "Company" (NASDAQ:TIPT), a diversified holding company which operates in four segments: insurance and insurance services, specialty finance (including corporate, consumer and tax-exempt credit), asset management and real estate, today announced its financial results for the third quarter ended September 30, 2014.
TIPT: 7.94 (+0.14)
Fortegra Financial Organic Revenues Drive Q3 Earnings Beat - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 11, 8:33AM CST
Fortegra Financial (FRF) delivered operating net income of 20 cents per share in the third quarter of 2014, surpassing the Zacks Consensus Estimate by 3 cents and improved 33% year over year.
FRF: 9.97 (+0.04), TIPT: 7.94 (+0.14), CNO: 17.31 (+0.05), HIG: 42.13 (-0.12)
Fortegra Financial Announces a 55.3% Increase in Third Quarter Income From Continuing Operations Before Non-Controlling Interests
Marketwired - Mon Nov 10, 3:16PM CST
Fortegra Financial Corporation (NYSE: FRF), an insurance services company offering a wide array of revenue enhancing products, including payment protection products, motor club memberships, service contracts, device and warranty services, and administration services, to our business partners, including insurance companies, retailers, dealers, insurance brokers and agents and financial services companies, reported its results for the quarter ended September 30, 2014.
FRF: 9.97 (+0.04), TIPT: 7.94 (+0.14)
Tiptree Financial (TIPT) Upgraded From Sell to Hold
at The Street - Fri Oct 31, 8:51AM CDT
Tiptree Financial TIPT has been upgraded by TheStreet Ratings from Sell to Hold with a ratings score of C-.
TIPT: 7.94 (+0.14)
A.M. Best Comments on Ratings of Philadelphia Financial Group, Inc. and Its Subsidiaries Following Acquisition Announcement
Business Wire - Thu Oct 30, 1:13PM CDT
A.M. Best has commented that the issuer credit rating (ICR) of "bbb-" of Philadelphia Financial Group, Inc. (PFG), as well as the financial strength rating of A- (Excellent) and the ICRs of "a-" of the two domestic life/health insurance subsidiaries of PFG: Philadelphia Financial Life Assurance Company and Philadelphia Financial Life Assurance Company of New York, are unchanged following the announcement that Tiptree Financial Inc. [NASDAQ:TIPT] has entered into a definitive agreement to sell the companies to funds managed by the Tactical Opportunities Group of The Blackstone Group L.P. (Blackstone) [NYCE:BX].
TIPT: 7.94 (+0.14)
Blackstone to Acquire Philadelphia Financial Group, Inc. from Tiptree Financial Inc.
Business Wire - Wed Oct 29, 8:20AM CDT
Tiptree Financial Inc. (NASDAQ:TIPT) ("Tiptree" has entered into a definitive agreement to sell its subsidiary Philadelphia Financial Group, Inc. (including both its Third Party Administration and Life Insurance operations) ("PFG" , to funds managed by the Tactical Opportunities Group of The Blackstone Group L.P. (NYSE:BX) ("Blackstone" , for approximately $155 million in cash plus additional consideration of approximately $10 million to be paid over two years. The transaction is subject to customary closing conditions including regulatory approval and is expected to close in the third quarter of 2015.
BX: 34.01 (+0.05), TIPT: 7.94 (+0.14)
A.M. Best Affirms Ratings of Philadelphia Financial Group, Inc. and Its Insurance Subsidiaries
Business Wire - Thu Oct 16, 9:03AM CDT
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit ratings (ICR) of "a-" of the two domestic life/health insurance subsidiaries of Philadelphia Financial Group, Inc. (PFG): Philadelphia Financial Life Assurance Company and Philadelphia Financial Life Assurance Company of New York. Concurrently, A.M. Best has affirmed the ICR of "bbb-" of PFG. All companies are headquartered in Philadelphia, PA. PFG is a subsidiary of Tiptree Financial, Inc. [NASDAQ: TIPT], a diversified holding company. The outlook for all ratings is stable.
TIPT: 7.94 (+0.14)
Care Investment Trust LLC Announces $30.8 Million Joint Venture Transaction
Business Wire - Wed Oct 08, 3:34PM CDT
Care Investment Trust LLC ("Care" or the "Company" , a seniors housing-focused real estate investment and finance subsidiary of Tiptree Financial Inc. (NASDAQ:TIPT), has formed a joint venture to own and operate 3 senior housing communities with affiliates of Greenfield Senior Living, Inc. ("Greenfield" , a privately-held owner and operator of senior housing facilities in the Mid-Atlantic and South regions of the United States. Care owns an 80% interest in the joint venture, while affiliates of Greenfield own the remaining 20% interest and provide management services to the communities under a management contract. The 360-unit portfolio acquisition closed on October 1, 2014. In connection with the acquisition, Care and Greenfield secured a $23.1 million, 5 year loan, which includes 36 months of interest only payments and a $2 million earn out feature.
TIPT: 7.94 (+0.14)
Fortegra Financial Up to Strong Buy on Merger Prospects - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 29, 3:55PM CDT
On Sep 27, 2014, Zacks Investment Research upgraded Fortegra Financial Corp. (FRF) by a notch to a Zacks Rank #1 (Strong Buy).
FRF: 9.97 (+0.04), AFSI: 54.21 (-0.05), TIPT: 7.94 (+0.14), NAVG: 72.80 (+0.17)
Nasdaq stocks posting largest volume increases
AP - Fri Dec 19, 5:41PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
PTRY: 36.78 (+0.28), MCBK: 20.30 (+1.04), OCC: 4.75 (+0.03), HFFC: 13.83 (+0.02), TIPT: 7.94 (+0.14), CTIB: 3.74 (-0.06), LTRE: 1.59 (+0.02)
Insider Trading Alert - TIPT, TMH And UCBI Traded By Insiders
at The Street - Wed Dec 10, 9:45AM CST
Stocks with insider trader activity include TIPT, TMH and UCBI
UCBI: 18.71 (-0.09), TIPT: 7.94 (+0.14), TMH: 58.56 (-0.02)
Tiptree Financial names Richard Claiden as CFO and Julia Wyatt as COO
M2 - Wed Dec 10, 6:26AM CST
A diversified holding company, Tiptree Financial Inc (NASDAQ:TIPT) announced on Wednesday that it has appointed Richard Claiden and Julia Wyatt as its new chief financial officer (CFO) and chief operating officer (COO), respectively, effective 1 January 2015.
TIPT: 7.94 (+0.14)
Tiptree Financial Inc. Appoints Richard Claiden as Chief Financial Officer and Julia Wyatt as Chief Operating Officer
Business Wire - Tue Dec 09, 5:18PM CST
Tiptree Financial Inc. ("Tiptree" or the "Company"
(NASDAQ:TIPT), a diversified holding company, today announced the appointments of Richard Claiden as the Company's new Chief Financial Officer and Julia Wyatt as Chief Operating Officer, effective January 1, 2015. Ms. Wyatt, Tiptree's current Chief Financial Officer, will assist Mr. Claiden in his transition as the Company expands its senior leadership team. TIPT: 7.94 (+0.14)
Merger Arbitrage Mondays - December 8, 2014
Asif Suria - Seeking Alpha - Mon Dec 08, 9:36AM CST
There was no change in merger activity last week with three new mergers announced and four deals closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal...
CY: 14.61 (+0.26), HE: 33.35 (+0.17), EMN: 76.80 (+0.04), ANY: 5.99 (+0.36), FRF: 9.97 (+0.04), TIPT: 7.94 (+0.14), TAM: 26.00 (+0.01), CNQR: 128.78 (-0.02), NEE: 107.98 (+1.66), AVNR: 16.91 (+0.01), SAP: 71.47 (+0.57), OVRL: 3.48 (-0.30), CODE: 34.55 (+0.64)
Tiptree Financial Inc. and Fortegra Financial Corporation Complete Merger
Business Wire - Thu Dec 04, 8:02AM CST
Tiptree Financial Inc. (NASDAQ:TIPT) ("Tiptree"
and Fortegra Financial Corporation ("Fortegra" announced today completion of the previously announced merger of Fortegra into a subsidiary of Tiptree for approximately $218 million in cash. As of today, Fortegra's common stock will no longer be registered with the SEC nor trade on the New York Stock Exchange. TIPT: 7.94 (+0.14)
Tiptree Financial (TIPT) Downgraded From Hold to Sell
at The Street - Wed Dec 03, 8:52AM CST
Tiptree Financial (TIPT) has been downgraded by TheStreet Ratings from Hold to Sell with a ratings score of D+.
TIPT: 7.94 (+0.14)
Fortegra Financial Upgraded to Strong Buy on Solid Q3 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Dec 01, 11:00AM CST
On Nov 29, Zacks Investment Research upgraded Fortegra Financial Corporation (FRF) to a Zacks Rank #1 (Strong Buy).
FRF: 9.97 (+0.04), TIPT: 7.94 (+0.14), CNO: 17.31 (+0.05), AIG: 56.28 (-0.16)
Tiptree Financial signs definitive acquisition agreement for Reliance First Capital LLC
M2 - Tue Nov 25, 8:39AM CST
Tiptree Financial Inc (NASDAQ:TIPT), a diversified holding company, disclosed on Tuesday that it has signed a definitive agreement with national mortgage banker Reliance First Capital LLC and the equity holders of Reliance, to acquire all of its equity interests for a combination of Tiptree's cash and class A common stock.
FCAP: 23.96 (+0.19), TIPT: 7.94 (+0.14)
Tiptree Financial Inc. to Acquire Reliance First Capital LLC
Business Wire - Mon Nov 24, 3:05PM CST
Tiptree Financial Inc. (NASDAQ:TIPT) ("Tiptree"
has entered into a definitive agreement with Reliance First Capital, LLC ("Reliance" and the equityholders of Reliance to acquire all of the equity interests of Reliance for a combination of cash and Class A common stock of Tiptree. FCAP: 23.96 (+0.19), TIPT: 7.94 (+0.14)
Tiptree EPS of $0.32
Seeking Alpha - at Seeking Alpha - Wed Nov 12, 4:30PM CST
TIPT: 7.94 (+0.14)
Tiptree Financial Inc. Reports Financial Results for the Third Quarter Ended September 30, 2014
Business Wire - Wed Nov 12, 4:10PM CST
Tiptree Financial Inc. ("Tiptree" or the "Company"
(NASDAQ:TIPT), a diversified holding company which operates in four segments: insurance and insurance services, specialty finance (including corporate, consumer and tax-exempt credit), asset management and real estate, today announced its financial results for the third quarter ended September 30, 2014. TIPT: 7.94 (+0.14)
Fortegra Financial Organic Revenues Drive Q3 Earnings Beat - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 11, 8:33AM CST
Fortegra Financial (FRF) delivered operating net income of 20 cents per share in the third quarter of 2014, surpassing the Zacks Consensus Estimate by 3 cents and improved 33% year over year.
FRF: 9.97 (+0.04), TIPT: 7.94 (+0.14), CNO: 17.31 (+0.05), HIG: 42.13 (-0.12)
Fortegra Financial Announces a 55.3% Increase in Third Quarter Income From Continuing Operations Before Non-Controlling Interests
Marketwired - Mon Nov 10, 3:16PM CST
Fortegra Financial Corporation (NYSE: FRF), an insurance services company offering a wide array of revenue enhancing products, including payment protection products, motor club memberships, service contracts, device and warranty services, and administration services, to our business partners, including insurance companies, retailers, dealers, insurance brokers and agents and financial services companies, reported its results for the quarter ended September 30, 2014.
FRF: 9.97 (+0.04), TIPT: 7.94 (+0.14)
Tiptree Financial (TIPT) Upgraded From Sell to Hold
at The Street - Fri Oct 31, 8:51AM CDT
Tiptree Financial TIPT has been upgraded by TheStreet Ratings from Sell to Hold with a ratings score of C-.
TIPT: 7.94 (+0.14)
A.M. Best Comments on Ratings of Philadelphia Financial Group, Inc. and Its Subsidiaries Following Acquisition Announcement
Business Wire - Thu Oct 30, 1:13PM CDT
A.M. Best has commented that the issuer credit rating (ICR) of "bbb-" of Philadelphia Financial Group, Inc. (PFG), as well as the financial strength rating of A- (Excellent) and the ICRs of "a-" of the two domestic life/health insurance subsidiaries of PFG: Philadelphia Financial Life Assurance Company and Philadelphia Financial Life Assurance Company of New York, are unchanged following the announcement that Tiptree Financial Inc. [NASDAQ:TIPT] has entered into a definitive agreement to sell the companies to funds managed by the Tactical Opportunities Group of The Blackstone Group L.P. (Blackstone) [NYCE:BX].
TIPT: 7.94 (+0.14)
Blackstone to Acquire Philadelphia Financial Group, Inc. from Tiptree Financial Inc.
Business Wire - Wed Oct 29, 8:20AM CDT
Tiptree Financial Inc. (NASDAQ:TIPT) ("Tiptree"
has entered into a definitive agreement to sell its subsidiary Philadelphia Financial Group, Inc. (including both its Third Party Administration and Life Insurance operations) ("PFG" , to funds managed by the Tactical Opportunities Group of The Blackstone Group L.P. (NYSE:BX) ("Blackstone" , for approximately $155 million in cash plus additional consideration of approximately $10 million to be paid over two years. The transaction is subject to customary closing conditions including regulatory approval and is expected to close in the third quarter of 2015. BX: 34.01 (+0.05), TIPT: 7.94 (+0.14)
A.M. Best Affirms Ratings of Philadelphia Financial Group, Inc. and Its Insurance Subsidiaries
Business Wire - Thu Oct 16, 9:03AM CDT
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit ratings (ICR) of "a-" of the two domestic life/health insurance subsidiaries of Philadelphia Financial Group, Inc. (PFG): Philadelphia Financial Life Assurance Company and Philadelphia Financial Life Assurance Company of New York. Concurrently, A.M. Best has affirmed the ICR of "bbb-" of PFG. All companies are headquartered in Philadelphia, PA. PFG is a subsidiary of Tiptree Financial, Inc. [NASDAQ: TIPT], a diversified holding company. The outlook for all ratings is stable.
TIPT: 7.94 (+0.14)
Care Investment Trust LLC Announces $30.8 Million Joint Venture Transaction
Business Wire - Wed Oct 08, 3:34PM CDT
Care Investment Trust LLC ("Care" or the "Company"
, a seniors housing-focused real estate investment and finance subsidiary of Tiptree Financial Inc. (NASDAQ:TIPT), has formed a joint venture to own and operate 3 senior housing communities with affiliates of Greenfield Senior Living, Inc. ("Greenfield" , a privately-held owner and operator of senior housing facilities in the Mid-Atlantic and South regions of the United States. Care owns an 80% interest in the joint venture, while affiliates of Greenfield own the remaining 20% interest and provide management services to the communities under a management contract. The 360-unit portfolio acquisition closed on October 1, 2014. In connection with the acquisition, Care and Greenfield secured a $23.1 million, 5 year loan, which includes 36 months of interest only payments and a $2 million earn out feature. TIPT: 7.94 (+0.14)
Fortegra Financial Up to Strong Buy on Merger Prospects - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 29, 3:55PM CDT
On Sep 27, 2014, Zacks Investment Research upgraded Fortegra Financial Corp. (FRF) by a notch to a Zacks Rank #1 (Strong Buy).
FRF: 9.97 (+0.04), AFSI: 54.21 (-0.05), TIPT: 7.94 (+0.14), NAVG: 72.80 (+0.17)
