Tower Group (TWGP) 2.23 $TWGP
Funding Shortfall, Foundation Selling, And Flawed Structure Likely To Result In Downward Spiral At AFSI
Gotham Investing - Seeking Alpha - Fri Nov 28, 11:46AM CST
Summary: AmTrust Financial Services, Inc. (NASDAQ: AFSI ) appears to have a strange combination of circumstances that could result in the Company and insiders being forced sellers of as much as 29.4 million shares, which would double the float (and...
AFSI: 55.60 (-0.89), NGHC: 18.23 (-0.24), TWGP: 2.23 (+0.16)
AmTrust Financial Services' Excessive Cost Capitalization Masks De Minimis Tangible Book Value
Gotham Investing - Seeking Alpha - Fri Nov 07, 8:55AM CST
Introduction: The bull case for AmTrust Financial Services, Inc. (NASDAQ: AFSI ) is predicated on the idea that the Company has created a better mouse trap that allows it to report consistently superior returns on equity ("ROE"
, as it...
SIGI: 27.36 (-0.25), MHLD: 13.89 (+0.11), AFSI: 55.60 (-0.89), TWGP: 2.23 (+0.16), WRB: 50.27 (+0.08), MIG: 8.35 (unch)
Questions For AmTrust's Q3 Earnings Call
Gotham Investing - Seeking Alpha - Mon Nov 03, 1:50PM CST
Preface AmTrust Financial Services, Inc. (NASDAQ: AFSI ) reports earnings on Tuesday morning, but the Company only takes questions from sell-side analysts on its earnings calls. As such, I have created a list of questions I suggest analysts ask (or...
MHLD: 13.89 (+0.11), AFSI: 55.60 (-0.89), TWGP: 2.23 (+0.16)
Low Unemployment Helps Workers' Comp Insurer AmTrust
at Investor's Business Daily - Fri Oct 17, 5:23PM CDT
After some disappointing economic reports over the past week, the stock market welcomed news of jobless claims tumbling to a 14-year low. Bijan Moazami, an analyst at Guggenheim Securities, says the nation's improving unemployment rate, 5.9% as of...
ACE: 113.05 (+0.09), AFSI: 55.60 (-0.89), AIG: 53.96 (+1.51), TWGP: 2.23 (+0.16), TRV: 108.00 (-0.04)
AmTrust Financial Services, Inc. Acquires Renewal Rights to Tower Commercial Lines Business
GlobeNewswire - Mon Sep 15, 9:28AM CDT
AmTrust Financial Services, Inc. (Nasdaq:AFSI) (the "Company" or "AmTrust" today announced that, in connection with today's closing of ACP Re's acquisition of Tower Group International, Ltd. (Nasdaq:TWGP) ("Tower" , AmTrust and ACP Re have entered into a series of agreements by which AmTrust has acquired renewal rights to Tower's commercial lines business.
AFSI: 55.60 (-0.89), TWGP: 2.23 (+0.16)
National General Holdings Corp. Announces Tower Personal Lines Transaction Closing
GlobeNewswire - Mon Sep 15, 9:05AM CDT
National General Holdings Corp. (Nasdaq:NGHC) today announced the closing of the Tower Personal Lines transaction. This follows the closing of the acquisition of Tower Group International, Ltd. (Nasdaq:TWGP) by ACP Re, Ltd. (ACP Re).
NGHC: 18.23 (-0.24), TWGP: 2.23 (+0.16)
ACP Re, Ltd. Completes Acquisition of Tower Group International, Ltd.
Business Wire - Mon Sep 15, 8:19AM CDT
Tower Group International, Ltd. (NASDAQ:TWGP) ("Tower" announced today that ACP Re, Ltd. ("ACP Re" has completed the previously-announced acquisition of Tower.
TWGP: 2.23 (+0.16)
ACP Re, Ltd. and Tower Group International, Ltd. Announce Receipt of All Regulatory Approvals
Business Wire - Fri Sep 12, 5:54PM CDT
ACP Re, Ltd. ("ACP Re" and Tower Group International, Ltd. (NASDAQ:TWGP) ("Tower" announced today that ACP Re has received all regulatory approvals required in connection with its previously announced acquisition of Tower. Each of ACP Re and Tower expects to close the merger on the morning of Monday, September 15, 2014.
TWGP: 2.23 (+0.16)
Hot Stock: Tower Group, Shares Gain 6.3% (TWGP)
Comtex SmarTrend(R) - Fri Sep 12, 11:37AM CDT
Tower Group (NASDAQ:TWGP) is one of today's best performing low-priced stocks, up 6.3% to $2.20 on 1.0x average daily volume. Thus far today, Tower Group has traded 614,000 shares, vs. average volume of 591,000 shares per day. The stock has outperformed the Dow (6.3% to the Dow's -0.3%) and outperformed the S&P 500 (6.3% to the S&P's -0.4%) during today's trading.
TWGP: 2.23 (+0.16)
Tower Group Still Faces Negative Rating Action by A.M. Best - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 3:20PM CDT
Tower Group (TWGP) posts weak second quarter results, continues to face negative rating action.
AFSI: 55.60 (-0.89), ENH: 64.63 (+0.15), GBLI: 27.29 (+0.31), TWGP: 2.23 (+0.16)
A.M. Best Downgrades Ratings of Tower Group International, Ltd. and Its Subsidiaries; Maintains Under Review Status
Business Wire - Thu Aug 28, 2:57PM CDT
A.M. Best has downgraded the financial strength ratings to C (Weak) from C++ (Marginal) and the issuer credit ratings (ICR) to "ccc" from "b" of the pooled and reinsured members of the Tower US Pool (Tower) and CastlePoint Reinsurance Company, Limited (Bermuda). Concurrently, A.M. Best has downgraded the ICR to "c" from "cc" and the debt rating on the $150 million par 5.00% senior unsecured convertible notes due Sept. 14, 2014, for the intermediate holding company, Tower Group, Inc. Additionally, A.M. Best has downgraded the ICR to "c" from "cc" of the ultimate parent, Tower Group International, Ltd. (TWGP) (Bermuda) [NASDAQ:TWGP]. All ratings are under review with developing implications. All companies are headquartered in New York, NY, unless otherwise specified. (See below for detailed listing of the companies and ratings.)
TWGP: 2.23 (+0.16)
Tower Group International Receives Nasdaq Notice Regarding Listing Requirements
Business Wire - Tue Aug 19, 4:00PM CDT
Tower Group International, Ltd. (NASDAQ:TWGP) ("Tower" announced today that it received a notification letter from The Nasdaq Listing Qualification Department ("Nasdaq" on August 14, 2014, stating that because Tower has not yet filed its Form 10-Q for the period ended June 30, 2014 (the "10-Q" 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).
TWGP: 2.23 (+0.16)
Big Swing Trade Ideas for July 28: Apple, Goldcorp, Tower Group
at The Street - Mon Jul 28, 10:28AM CDT
Here's a look at some technical levels that should help you decide if and how to trade these three stocks.
XME: 29.95 (+0.63), TWGP: 2.23 (+0.16), AAPL: 127.08 (+0.62), GG: 23.54 (+0.23)
Traders Get Bullish on Shares of Tower Group, Shares Up 7.2% (TWGP)
Comtex SmarTrend(R) - Fri Jul 25, 12:43PM CDT
Tower Group (NASDAQ:TWGP) is one of today's best performing low-priced stocks, up 7.2% to $2.09 on 1.4x average daily volume. Thus far today, Tower Group has traded 1.4 million shares, vs. average volume of 979,000 shares per day. The stock has outperformed the Dow (7.2% to the Dow's -0.9%) and outperformed the S&P 500 (7.2% to the S&P's -0.5%) during today's trading.
TWGP: 2.23 (+0.16)
Financials Sector Equities under the Scanner -- HDFC Bank, Popular, Credit Suisse, Genworth Financial, and Tower Group Intl.
PR Newswire - Fri Jul 18, 7:20AM CDT
On Thursday, July 17, 2014, the NASDAQ Composite ended at 4,363.45, down 1.41%, the Dow Jones Industrial Average finished the day 0.94% lower at 16,976.81, and the S&P 500 closed at 1,958.12, down 1.18%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 305.35, down 1.25%, while the index has advanced 3.71% in the previous three months. Investor-Edge has initiated coverage on the following equities: HDFC Bank Ltd (NYSE: HDB), Popular Inc. (NASDAQ: BPOP), Credit Suisse Group A.G. (NYSE: CS), Genworth Financial Inc. (NYSE: GNW), and Tower Group International Ltd (NASDAQ: TWGP). Free research on these five companies can be accessed at:
BPOP: 33.07 (+0.01), CS: 23.65 (+0.23), HDB: 58.41 (-0.98), TWGP: 2.23 (+0.16), GNW: 8.67 (+0.17)
Will Tower Group be Saved by ACP Re Merger? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 10, 3:20PM CDT
Tower Group (TWGP) became a victim of its own accounting fallacies, is awaiting merger with ACP Re to rescue itself.
AFSI: 55.60 (-0.89), ENH: 64.63 (+0.15), TWGP: 2.23 (+0.16), WRB: 50.27 (+0.08)
Tower Group International, Ltd. Announces Record Date and Meeting Date for Special General Meeting of Shareholders in Connection With Merger
Business Wire - Wed Jul 09, 5:30AM CDT
Tower Group International, Ltd. (NASDAQ:TWGP) ("Tower" has announced that it has established a record date and a meeting date for a special general meeting of its shareholders to consider and vote upon, among other things, a proposal to approve and adopt the previously announced Agreement and Plan of Merger, dated as of January 3, 2014, as amended, by and among Tower, ACP Re, Ltd. and London Acquisition Company Limited, and to approve the merger contemplated thereby.
TWGP: 2.23 (+0.16)
Weakness Seen in Tower Group International (TWGP): Stock Tanks 11.1% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Jul 01, 7:43AM CDT
Tower Group International, Ltd. (TWGP) saw a big move last session,continuing the recent downtrend for TWGP, as the stock is now down more than 13.5% in the past one-month time frame.
HALL: 10.48 (-0.16), AFSI: 55.60 (-0.89), ENH: 64.63 (+0.15), TWGP: 2.23 (+0.16)
Why bebe stores, Tower Group International, and Rayonier Hit New Lows Today
Dan Caplinger, The Motley Fool - Motley Fool - Mon Jun 30, 6:58PM CDT
Stocks held up reasonably well on Monday, with Nasdaq managing to gain slightly even as the S&P 500 and Dow Jones Industrials eased lower. All in all, the number of stocks hitting new yearly highs greatly outnumbered those reaching new lows for...
BEBE: 3.90 (+0.01), RYN: 28.02 (-1.15), TWGP: 2.23 (+0.16)
Tower Group: Why is it Down to Sell? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 30, 3:10PM CDT
Tower Group (TWGP) down to sell on a slew of negative sentiments surrounding the company.
AFSI: 55.60 (-0.89), FNHC: 29.64 (-0.29), ENH: 64.63 (+0.15), TWGP: 2.23 (+0.16)
Funding Shortfall, Foundation Selling, And Flawed Structure Likely To Result In Downward Spiral At AFSI
Gotham Investing - Seeking Alpha - Fri Nov 28, 11:46AM CST
Summary: AmTrust Financial Services, Inc. (NASDAQ: AFSI ) appears to have a strange combination of circumstances that could result in the Company and insiders being forced sellers of as much as 29.4 million shares, which would double the float (and...
AFSI: 55.60 (-0.89), NGHC: 18.23 (-0.24), TWGP: 2.23 (+0.16)
AmTrust Financial Services' Excessive Cost Capitalization Masks De Minimis Tangible Book Value
Gotham Investing - Seeking Alpha - Fri Nov 07, 8:55AM CST
Introduction: The bull case for AmTrust Financial Services, Inc. (NASDAQ: AFSI ) is predicated on the idea that the Company has created a better mouse trap that allows it to report consistently superior returns on equity ("ROE"
, as it... SIGI: 27.36 (-0.25), MHLD: 13.89 (+0.11), AFSI: 55.60 (-0.89), TWGP: 2.23 (+0.16), WRB: 50.27 (+0.08), MIG: 8.35 (unch)
Questions For AmTrust's Q3 Earnings Call
Gotham Investing - Seeking Alpha - Mon Nov 03, 1:50PM CST
Preface AmTrust Financial Services, Inc. (NASDAQ: AFSI ) reports earnings on Tuesday morning, but the Company only takes questions from sell-side analysts on its earnings calls. As such, I have created a list of questions I suggest analysts ask (or...
MHLD: 13.89 (+0.11), AFSI: 55.60 (-0.89), TWGP: 2.23 (+0.16)
Low Unemployment Helps Workers' Comp Insurer AmTrust
at Investor's Business Daily - Fri Oct 17, 5:23PM CDT
After some disappointing economic reports over the past week, the stock market welcomed news of jobless claims tumbling to a 14-year low. Bijan Moazami, an analyst at Guggenheim Securities, says the nation's improving unemployment rate, 5.9% as of...
ACE: 113.05 (+0.09), AFSI: 55.60 (-0.89), AIG: 53.96 (+1.51), TWGP: 2.23 (+0.16), TRV: 108.00 (-0.04)
AmTrust Financial Services, Inc. Acquires Renewal Rights to Tower Commercial Lines Business
GlobeNewswire - Mon Sep 15, 9:28AM CDT
AmTrust Financial Services, Inc. (Nasdaq:AFSI) (the "Company" or "AmTrust"
today announced that, in connection with today's closing of ACP Re's acquisition of Tower Group International, Ltd. (Nasdaq:TWGP) ("Tower" , AmTrust and ACP Re have entered into a series of agreements by which AmTrust has acquired renewal rights to Tower's commercial lines business. AFSI: 55.60 (-0.89), TWGP: 2.23 (+0.16)
National General Holdings Corp. Announces Tower Personal Lines Transaction Closing
GlobeNewswire - Mon Sep 15, 9:05AM CDT
National General Holdings Corp. (Nasdaq:NGHC) today announced the closing of the Tower Personal Lines transaction. This follows the closing of the acquisition of Tower Group International, Ltd. (Nasdaq:TWGP) by ACP Re, Ltd. (ACP Re).
NGHC: 18.23 (-0.24), TWGP: 2.23 (+0.16)
ACP Re, Ltd. Completes Acquisition of Tower Group International, Ltd.
Business Wire - Mon Sep 15, 8:19AM CDT
Tower Group International, Ltd. (NASDAQ:TWGP) ("Tower"
announced today that ACP Re, Ltd. ("ACP Re" has completed the previously-announced acquisition of Tower. TWGP: 2.23 (+0.16)
ACP Re, Ltd. and Tower Group International, Ltd. Announce Receipt of All Regulatory Approvals
Business Wire - Fri Sep 12, 5:54PM CDT
ACP Re, Ltd. ("ACP Re"
and Tower Group International, Ltd. (NASDAQ:TWGP) ("Tower" announced today that ACP Re has received all regulatory approvals required in connection with its previously announced acquisition of Tower. Each of ACP Re and Tower expects to close the merger on the morning of Monday, September 15, 2014. TWGP: 2.23 (+0.16)
Hot Stock: Tower Group, Shares Gain 6.3% (TWGP)
Comtex SmarTrend(R) - Fri Sep 12, 11:37AM CDT
Tower Group (NASDAQ:TWGP) is one of today's best performing low-priced stocks, up 6.3% to $2.20 on 1.0x average daily volume. Thus far today, Tower Group has traded 614,000 shares, vs. average volume of 591,000 shares per day. The stock has outperformed the Dow (6.3% to the Dow's -0.3%) and outperformed the S&P 500 (6.3% to the S&P's -0.4%) during today's trading.
TWGP: 2.23 (+0.16)
Tower Group Still Faces Negative Rating Action by A.M. Best - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 3:20PM CDT
Tower Group (TWGP) posts weak second quarter results, continues to face negative rating action.
AFSI: 55.60 (-0.89), ENH: 64.63 (+0.15), GBLI: 27.29 (+0.31), TWGP: 2.23 (+0.16)
A.M. Best Downgrades Ratings of Tower Group International, Ltd. and Its Subsidiaries; Maintains Under Review Status
Business Wire - Thu Aug 28, 2:57PM CDT
A.M. Best has downgraded the financial strength ratings to C (Weak) from C++ (Marginal) and the issuer credit ratings (ICR) to "ccc" from "b" of the pooled and reinsured members of the Tower US Pool (Tower) and CastlePoint Reinsurance Company, Limited (Bermuda). Concurrently, A.M. Best has downgraded the ICR to "c" from "cc" and the debt rating on the $150 million par 5.00% senior unsecured convertible notes due Sept. 14, 2014, for the intermediate holding company, Tower Group, Inc. Additionally, A.M. Best has downgraded the ICR to "c" from "cc" of the ultimate parent, Tower Group International, Ltd. (TWGP) (Bermuda) [NASDAQ:TWGP]. All ratings are under review with developing implications. All companies are headquartered in New York, NY, unless otherwise specified. (See below for detailed listing of the companies and ratings.)
TWGP: 2.23 (+0.16)
Tower Group International Receives Nasdaq Notice Regarding Listing Requirements
Business Wire - Tue Aug 19, 4:00PM CDT
Tower Group International, Ltd. (NASDAQ:TWGP) ("Tower"
announced today that it received a notification letter from The Nasdaq Listing Qualification Department ("Nasdaq" on August 14, 2014, stating that because Tower has not yet filed its Form 10-Q for the period ended June 30, 2014 (the "10-Q" 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). TWGP: 2.23 (+0.16)
Big Swing Trade Ideas for July 28: Apple, Goldcorp, Tower Group
at The Street - Mon Jul 28, 10:28AM CDT
Here's a look at some technical levels that should help you decide if and how to trade these three stocks.
XME: 29.95 (+0.63), TWGP: 2.23 (+0.16), AAPL: 127.08 (+0.62), GG: 23.54 (+0.23)
Traders Get Bullish on Shares of Tower Group, Shares Up 7.2% (TWGP)
Comtex SmarTrend(R) - Fri Jul 25, 12:43PM CDT
Tower Group (NASDAQ:TWGP) is one of today's best performing low-priced stocks, up 7.2% to $2.09 on 1.4x average daily volume. Thus far today, Tower Group has traded 1.4 million shares, vs. average volume of 979,000 shares per day. The stock has outperformed the Dow (7.2% to the Dow's -0.9%) and outperformed the S&P 500 (7.2% to the S&P's -0.5%) during today's trading.
TWGP: 2.23 (+0.16)
Financials Sector Equities under the Scanner -- HDFC Bank, Popular, Credit Suisse, Genworth Financial, and Tower Group Intl.
PR Newswire - Fri Jul 18, 7:20AM CDT
On Thursday, July 17, 2014, the NASDAQ Composite ended at 4,363.45, down 1.41%, the Dow Jones Industrial Average finished the day 0.94% lower at 16,976.81, and the S&P 500 closed at 1,958.12, down 1.18%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 305.35, down 1.25%, while the index has advanced 3.71% in the previous three months. Investor-Edge has initiated coverage on the following equities: HDFC Bank Ltd (NYSE: HDB), Popular Inc. (NASDAQ: BPOP), Credit Suisse Group A.G. (NYSE: CS), Genworth Financial Inc. (NYSE: GNW), and Tower Group International Ltd (NASDAQ: TWGP). Free research on these five companies can be accessed at:
BPOP: 33.07 (+0.01), CS: 23.65 (+0.23), HDB: 58.41 (-0.98), TWGP: 2.23 (+0.16), GNW: 8.67 (+0.17)
Will Tower Group be Saved by ACP Re Merger? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 10, 3:20PM CDT
Tower Group (TWGP) became a victim of its own accounting fallacies, is awaiting merger with ACP Re to rescue itself.
AFSI: 55.60 (-0.89), ENH: 64.63 (+0.15), TWGP: 2.23 (+0.16), WRB: 50.27 (+0.08)
Tower Group International, Ltd. Announces Record Date and Meeting Date for Special General Meeting of Shareholders in Connection With Merger
Business Wire - Wed Jul 09, 5:30AM CDT
Tower Group International, Ltd. (NASDAQ:TWGP) ("Tower"
has announced that it has established a record date and a meeting date for a special general meeting of its shareholders to consider and vote upon, among other things, a proposal to approve and adopt the previously announced Agreement and Plan of Merger, dated as of January 3, 2014, as amended, by and among Tower, ACP Re, Ltd. and London Acquisition Company Limited, and to approve the merger contemplated thereby. TWGP: 2.23 (+0.16)
Weakness Seen in Tower Group International (TWGP): Stock Tanks 11.1% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Jul 01, 7:43AM CDT
Tower Group International, Ltd. (TWGP) saw a big move last session,continuing the recent downtrend for TWGP, as the stock is now down more than 13.5% in the past one-month time frame.
HALL: 10.48 (-0.16), AFSI: 55.60 (-0.89), ENH: 64.63 (+0.15), TWGP: 2.23 (+0.16)
Why bebe stores, Tower Group International, and Rayonier Hit New Lows Today
Dan Caplinger, The Motley Fool - Motley Fool - Mon Jun 30, 6:58PM CDT
Stocks held up reasonably well on Monday, with Nasdaq managing to gain slightly even as the S&P 500 and Dow Jones Industrials eased lower. All in all, the number of stocks hitting new yearly highs greatly outnumbered those reaching new lows for...
BEBE: 3.90 (+0.01), RYN: 28.02 (-1.15), TWGP: 2.23 (+0.16)
Tower Group: Why is it Down to Sell? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 30, 3:10PM CDT
Tower Group (TWGP) down to sell on a slew of negative sentiments surrounding the company.
AFSI: 55.60 (-0.89), FNHC: 29.64 (-0.29), ENH: 64.63 (+0.15), TWGP: 2.23 (+0.16)
