Ace Ltd (ACE) 111.02 $ACE
Neo Telemedia Announces 2016 First Quarter Results
JCN Newswire - Thu May 12, 10:04AM CDT
ACE: 111.02 (+0.96)
A.M. Best Special Report: U.S. Property/Casualty Insurers' Stock Prices End 2015 on Upswing Despite Market Turbulence
BusinessWire - Tue Apr 12, 2:44PM CDT
Stocks of U.S. property/casualty (P/C) insurance companies fared better in fourth-quarter 2015 after a tumultuous third quarter that saw the worst U.S. equity market performance in years, according to a new A.M. Best special report.
ACE: 111.02 (+0.96)
Fitch: D&O Insurance Pricing Pressure to Dampen Performance
BusinessWire - Tue Apr 12, 2:04PM CDT
Market conditions are evolving in the U.S. directors and officers (D&O) liability insurance market. Merger and acquisition (M&A) activity in 2015 has facilitated greater market concentration, and pricing pressure will likely challenge profitability going forward, according to a new report from Fitch Ratings.
ACE: 111.02 (+0.96), AIG: 54.99 (-1.11)
Fitch Affirms ACE Ltd & Chubb's IFS Ratings Following Acquisition; Downgrades Chubb Holding Company
BusinessWire - Fri Jan 15, 8:59AM CST
Fitch Ratings has affirmed all the ratings for ACE Limited and its subsidiaries (ACE) and the Insurer Financial Strength (IFS) ratings for The Chubb Corporation (Chubb) operating subsidiaries. Fitch has downgraded Chubb's Issuer Default Rating (IDR) to 'A+' from 'AA-' and downgraded all other holding company obligations one notch. The Rating Outlook for all ratings is Stable. A complete list of ratings follows at the end of this release.
ACE: 111.02 (+0.96)
ACE Completes Acquisition of Chubb; Adopts Chubb Name and Launches New Chubb Brand
PR Newswire - Thu Jan 14, 5:03PM CST
ACE Limited (NYSE: ACE) announced today that it has completed its acquisition of Chubb, creating the world's largest publicly traded property and casualty insurance company. ACE paid approximately $29.5 billion in the aggregate in cash and stock, based on the most recent closing price of ACE Limited shares and the number of outstanding shares of The Chubb Corporation common stock at the time of closing. Effective immediately, ACE is adopting the Chubb name globally and the company will begin trading tomorrow on the New York Stock Exchange under the symbol "CB." The company is also formally launching the new Chubb brand, including its visual identity and "signature." The new Chubb brand stands for superior underwriting, service and execution - attributes shared by both ACE and Chubb.
ACE: 111.02 (+0.96), CB: 125.80 (-0.70)
ACE Limited Sees Value Creation with Chubb Corp Addition
Zacks Equity Research - Zacks Investment Research - Thu Jan 14, 3:00PM CST
On Jan 14, we issued an updated research report on ACE Limited (ACE).
ACE: 111.02 (+0.96), PRE: 140.52 (+0.04), RNR: 114.93 (-0.93), UVE: 19.08 (-0.15)
Extra Space Storage Set to Join the S&P 500; EPR Properties to Join S&P MidCap 400; U.S. Concrete, World Wrestling Entertainment to Join S&P SmallCap 600
PR Newswire - Wed Jan 13, 4:44PM CST
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
ACE: 111.02 (+0.96), WWE: 17.59 (-0.32), CB: 125.80 (-0.70), EXR: 88.61 (-1.06), WPP: 10.24 (unch), MHFI: 107.92 (+1.16), EPR: 74.42 (-0.15), USCR: 64.57 (+0.11)
ACE Acquisition of Chubb is Expected to Close on January 14
PR Newswire - Wed Jan 13, 11:33AM CST
The Chubb Corporation (NYSE: CB) announced today that all regulatory approvals needed for its acquisition by ACE Limited have been received and that the transaction is expected to close on January 14, 2016, pending satisfaction of remaining customary closing requirements.
ACE: 111.02 (+0.96), CB: 125.80 (-0.70)
ACE Receives All Regulatory Approvals Needed to Close Acquisition of Chubb
PR Newswire - Wed Jan 13, 11:00AM CST
ACE Limited (NYSE: ACE) announced that it has received all regulatory approvals needed for closing its acquisition of Chubb, a transaction that will create the world's largest publicly traded property and casualty insurer. The acquisition, announced on July 1, 2015 and valued at approximately $29.7 billion, based on the closing price of ACE Limited shares and the number of outstanding shares of Chubb common stock on January 12, 2016, is expected to close on Thursday, January 14, 2016, pending satisfaction of remaining customary closing requirements. As previously announced, ACE will adopt the Chubb name upon closing and the company's stock will begin trading on the New York Stock Exchange under the symbol CB on the first trading day following the closing.
ACE: 111.02 (+0.96)
Upgrade Alert for ACE (ACE)
Comtex SmarTrend(R) - Wed Jan 13, 8:22AM CST
ACE (NYSE:ACE) was upgraded from Market Perform to Outperform at Wells Fargo today. The stock closed yesterday at $112.10 on volume of 2.9 million shares, above average daily volume of 2.2 million. Potential upside of 9.6% exists for ACE, based on a current level of $112.10 and analysts' average consensus price target of $122.81. The stock should hit resistance at its 50-day moving average (MA) of $114.72, as well as support at its 200-day MA of $108.63.
ACE: 111.02 (+0.96)
Chubb Expects Fourth Quarter Financial Results To Be Announced On January 26
PR Newswire - Fri Jan 08, 8:00AM CST
The Chubb Corporation (NYSE: CB) expects that its fourth quarter 2015 financial results will be announced on Tuesday, January 26, 2016 after the close of the market. The press release and financial supplement will be available shortly thereafter on Chubb's website at www.chubb.com.
ACE: 111.02 (+0.96), CB: 125.80 (-0.70)
ACE to Hold its Fourth Quarter Earnings Conference Call on Wednesday, January 27, 2016
BusinessWire - Fri Jan 08, 8:00AM CST
ACE Limited (NYSE: ACE) will hold its fourth quarter earnings conference call on Wednesday, January 27, 2016, beginning at 8:30 a.m. Eastern.
ACE: 111.02 (+0.96)
Watch for ACE to Potentially Rebound After Falling 1.86% Yesterday
Comtex SmarTrend(R) - Wed Jan 06, 5:46PM CST
ACE (NYSE:ACE) traded in a range yesterday that spanned from a low of $112.23 to a high of $113.84. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $112.52 on volume of 2.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
ACE: 111.02 (+0.96)
ACE Falls 1.86% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Jan 06, 5:46PM CST
ACE (NYSE:ACE) traded in a range yesterday that spanned from a low of $112.23 to a high of $113.84. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $112.52 on volume of 2.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
ACE: 111.02 (+0.96)
When Minutes Matter: New ESIS Mobile Application Speeds Access to Critical Construction Risk Management Resources
BusinessWire - Wed Jan 06, 8:00AM CST
When accidents happen on a construction site, response time is critical. Reporting the incident quickly and initiating a rapid response may help mitigate claim severity and associated loss costs. To assist clients in the aftermath of a construction accident, ESIS, Inc. (ESIS(R)), - a risk management services company and member of ACE Group - has introduced ESIS On Call for Construction, a proprietary rapid response tool for severe workers compensation or complex automobile and general liability insurance claims.
ACE: 111.02 (+0.96)
Watch for ACE to Potentially Pullback After Gaining 1.02% Yesterday
Comtex SmarTrend(R) - Tue Dec 29, 6:24PM CST
ACE (NYSE:ACE) traded in a range yesterday that spanned from a low of $117.77 to a high of $119.54. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $118.78 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ACE: 111.02 (+0.96)
ACE Set to Possibly Pullback After Yesterday's Rally of 1.02%
Comtex SmarTrend(R) - Tue Dec 29, 6:24PM CST
ACE (NYSE:ACE) traded in a range yesterday that spanned from a low of $117.77 to a high of $119.54. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $118.78 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ACE: 111.02 (+0.96)
ACE Announces Two Senior Leadership Appointments for Europe
BusinessWire - Thu Dec 24, 4:37AM CST
ACE Group today announced two appointments within its European management team, with immediate effect.
ACE: 111.02 (+0.96)
After Yesterday's Rally of 1.73% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Dec 22, 4:24PM CST
ACE (NYSE:ACE) traded in a range yesterday that spanned from a low of $115.47 to a high of $117.44. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $117.16 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ACE: 111.02 (+0.96)
Neo Telemedia Announces 2016 First Quarter Results
JCN Newswire - Thu May 12, 10:04AM CDT
ACE: 111.02 (+0.96)
A.M. Best Special Report: U.S. Property/Casualty Insurers' Stock Prices End 2015 on Upswing Despite Market Turbulence
BusinessWire - Tue Apr 12, 2:44PM CDT
Stocks of U.S. property/casualty (P/C) insurance companies fared better in fourth-quarter 2015 after a tumultuous third quarter that saw the worst U.S. equity market performance in years, according to a new A.M. Best special report.
ACE: 111.02 (+0.96)
Fitch: D&O Insurance Pricing Pressure to Dampen Performance
BusinessWire - Tue Apr 12, 2:04PM CDT
Market conditions are evolving in the U.S. directors and officers (D&O) liability insurance market. Merger and acquisition (M&A) activity in 2015 has facilitated greater market concentration, and pricing pressure will likely challenge profitability going forward, according to a new report from Fitch Ratings.
ACE: 111.02 (+0.96), AIG: 54.99 (-1.11)
Fitch Affirms ACE Ltd & Chubb's IFS Ratings Following Acquisition; Downgrades Chubb Holding Company
BusinessWire - Fri Jan 15, 8:59AM CST
Fitch Ratings has affirmed all the ratings for ACE Limited and its subsidiaries (ACE) and the Insurer Financial Strength (IFS) ratings for The Chubb Corporation (Chubb) operating subsidiaries. Fitch has downgraded Chubb's Issuer Default Rating (IDR) to 'A+' from 'AA-' and downgraded all other holding company obligations one notch. The Rating Outlook for all ratings is Stable. A complete list of ratings follows at the end of this release.
ACE: 111.02 (+0.96)
ACE Completes Acquisition of Chubb; Adopts Chubb Name and Launches New Chubb Brand
PR Newswire - Thu Jan 14, 5:03PM CST
ACE Limited (NYSE: ACE) announced today that it has completed its acquisition of Chubb, creating the world's largest publicly traded property and casualty insurance company. ACE paid approximately $29.5 billion in the aggregate in cash and stock, based on the most recent closing price of ACE Limited shares and the number of outstanding shares of The Chubb Corporation common stock at the time of closing. Effective immediately, ACE is adopting the Chubb name globally and the company will begin trading tomorrow on the New York Stock Exchange under the symbol "CB." The company is also formally launching the new Chubb brand, including its visual identity and "signature." The new Chubb brand stands for superior underwriting, service and execution - attributes shared by both ACE and Chubb.
ACE: 111.02 (+0.96), CB: 125.80 (-0.70)
ACE Limited Sees Value Creation with Chubb Corp Addition
Zacks Equity Research - Zacks Investment Research - Thu Jan 14, 3:00PM CST
On Jan 14, we issued an updated research report on ACE Limited (ACE).
ACE: 111.02 (+0.96), PRE: 140.52 (+0.04), RNR: 114.93 (-0.93), UVE: 19.08 (-0.15)
Extra Space Storage Set to Join the S&P 500; EPR Properties to Join S&P MidCap 400; U.S. Concrete, World Wrestling Entertainment to Join S&P SmallCap 600
PR Newswire - Wed Jan 13, 4:44PM CST
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
ACE: 111.02 (+0.96), WWE: 17.59 (-0.32), CB: 125.80 (-0.70), EXR: 88.61 (-1.06), WPP: 10.24 (unch), MHFI: 107.92 (+1.16), EPR: 74.42 (-0.15), USCR: 64.57 (+0.11)
ACE Acquisition of Chubb is Expected to Close on January 14
PR Newswire - Wed Jan 13, 11:33AM CST
The Chubb Corporation (NYSE: CB) announced today that all regulatory approvals needed for its acquisition by ACE Limited have been received and that the transaction is expected to close on January 14, 2016, pending satisfaction of remaining customary closing requirements.
ACE: 111.02 (+0.96), CB: 125.80 (-0.70)
ACE Receives All Regulatory Approvals Needed to Close Acquisition of Chubb
PR Newswire - Wed Jan 13, 11:00AM CST
ACE Limited (NYSE: ACE) announced that it has received all regulatory approvals needed for closing its acquisition of Chubb, a transaction that will create the world's largest publicly traded property and casualty insurer. The acquisition, announced on July 1, 2015 and valued at approximately $29.7 billion, based on the closing price of ACE Limited shares and the number of outstanding shares of Chubb common stock on January 12, 2016, is expected to close on Thursday, January 14, 2016, pending satisfaction of remaining customary closing requirements. As previously announced, ACE will adopt the Chubb name upon closing and the company's stock will begin trading on the New York Stock Exchange under the symbol CB on the first trading day following the closing.
ACE: 111.02 (+0.96)
Upgrade Alert for ACE (ACE)
Comtex SmarTrend(R) - Wed Jan 13, 8:22AM CST
ACE (NYSE:ACE) was upgraded from Market Perform to Outperform at Wells Fargo today. The stock closed yesterday at $112.10 on volume of 2.9 million shares, above average daily volume of 2.2 million. Potential upside of 9.6% exists for ACE, based on a current level of $112.10 and analysts' average consensus price target of $122.81. The stock should hit resistance at its 50-day moving average (MA) of $114.72, as well as support at its 200-day MA of $108.63.
ACE: 111.02 (+0.96)
Chubb Expects Fourth Quarter Financial Results To Be Announced On January 26
PR Newswire - Fri Jan 08, 8:00AM CST
The Chubb Corporation (NYSE: CB) expects that its fourth quarter 2015 financial results will be announced on Tuesday, January 26, 2016 after the close of the market. The press release and financial supplement will be available shortly thereafter on Chubb's website at www.chubb.com.
ACE: 111.02 (+0.96), CB: 125.80 (-0.70)
ACE to Hold its Fourth Quarter Earnings Conference Call on Wednesday, January 27, 2016
BusinessWire - Fri Jan 08, 8:00AM CST
ACE Limited (NYSE: ACE) will hold its fourth quarter earnings conference call on Wednesday, January 27, 2016, beginning at 8:30 a.m. Eastern.
ACE: 111.02 (+0.96)
Watch for ACE to Potentially Rebound After Falling 1.86% Yesterday
Comtex SmarTrend(R) - Wed Jan 06, 5:46PM CST
ACE (NYSE:ACE) traded in a range yesterday that spanned from a low of $112.23 to a high of $113.84. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $112.52 on volume of 2.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
ACE: 111.02 (+0.96)
ACE Falls 1.86% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Jan 06, 5:46PM CST
ACE (NYSE:ACE) traded in a range yesterday that spanned from a low of $112.23 to a high of $113.84. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $112.52 on volume of 2.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
ACE: 111.02 (+0.96)
When Minutes Matter: New ESIS Mobile Application Speeds Access to Critical Construction Risk Management Resources
BusinessWire - Wed Jan 06, 8:00AM CST
When accidents happen on a construction site, response time is critical. Reporting the incident quickly and initiating a rapid response may help mitigate claim severity and associated loss costs. To assist clients in the aftermath of a construction accident, ESIS, Inc. (ESIS(R)), - a risk management services company and member of ACE Group - has introduced ESIS On Call for Construction, a proprietary rapid response tool for severe workers compensation or complex automobile and general liability insurance claims.
ACE: 111.02 (+0.96)
Watch for ACE to Potentially Pullback After Gaining 1.02% Yesterday
Comtex SmarTrend(R) - Tue Dec 29, 6:24PM CST
ACE (NYSE:ACE) traded in a range yesterday that spanned from a low of $117.77 to a high of $119.54. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $118.78 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ACE: 111.02 (+0.96)
ACE Set to Possibly Pullback After Yesterday's Rally of 1.02%
Comtex SmarTrend(R) - Tue Dec 29, 6:24PM CST
ACE (NYSE:ACE) traded in a range yesterday that spanned from a low of $117.77 to a high of $119.54. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $118.78 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ACE: 111.02 (+0.96)
ACE Announces Two Senior Leadership Appointments for Europe
BusinessWire - Thu Dec 24, 4:37AM CST
ACE Group today announced two appointments within its European management team, with immediate effect.
ACE: 111.02 (+0.96)
After Yesterday's Rally of 1.73% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Dec 22, 4:24PM CST
ACE (NYSE:ACE) traded in a range yesterday that spanned from a low of $115.47 to a high of $117.44. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $117.16 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ACE: 111.02 (+0.96)
