Old Republic International Corp (ORI) 19.25 $ORI
Old Republic Reports Board Of Directors Actions On Corporate Governance And Quarterly Dividend
PR Newswire - Thu Aug 25, 1:57PM CDT
Old Republic International Corporation (NYSE: ORI) today announced the following decisions taken by the Board of Directors at its regularly scheduled third quarter meeting.
ORI: 19.25 (+0.13)
Old Republic International Offers Senior Notes Worth $550M
Zacks Equity Research - Zacks Investment Research - Thu Aug 25, 8:17AM CDT
Old Republic International Corporation (ORI) has announced the offering of 3.875% senior notes with aggregate principal amount of $550 million that are due to mature in 10 years.
JRVR: 37.14 (+0.50), ORI: 19.25 (+0.13)
Old Republic Announces Pricing Of 3.875% Senior Notes Due 2026
PR Newswire - Wed Aug 24, 8:35AM CDT
Old Republic International Corporation (NYSE: ORI) today announced the pricing of $550 million aggregate principal amount of Senior Notes due 2026 (the "Senior Notes"
. The Senior Notes will mature on August 26, 2026 and will have an interest rate of 3.875%. The Senior Notes were priced at 99.819% to yield 3.897% to maturity. Interest will be paid semi-annually on February 26 and August 26 of each year beginning February 26, 2017. Proceeds are expected to be used for general corporate purposes, including the repayment of our outstanding convertible senior notes due 2018 at maturity, unless earlier converted.
ORI: 19.25 (+0.13), MS: 31.89 (-0.02)
Old Republic Declares Regular Third Quarter Cash Dividend Of 18.75 Cents Per Share
PR Newswire - Tue Aug 23, 8:00AM CDT
The Board of Directors of Old Republic International Corporation (NYSE: ORI) today declared a quarterly cash dividend on the common stock of 18.75 cents per share. This dividend is payable September 15, 2016, to shareholders of record on September 2, 2016. Subject to Board approval of each quarter's new rate, the full year's cash dividend will amount to 75 cents per share compared to 74 cents paid in 2015.
ORI: 19.25 (+0.13)
Oriflame enters partnership with IBM to support digital transformation within IT and financial services
BusinessWire - Tue Aug 16, 1:58AM CDT
Oriflame Holding AG (STO:ORI), a global cosmetics company with a highly online-driven business, has entered a long term partnership with IBM (NYSE: IBM ) to outsource its IT and financial operational services. In order to support the continued digital business transformation of Oriflame in the IT and finance areas, IBM will bring new levels of customer focus, productivity and automation to its technology and internal processes. The seven-year contract, valued at EUR46 million, is expected to provide Oriflame with annual savings of approximately EUR3 million to be reinvested in Oriflame's continued IT development. No extraordinary costs are expected.
IBM: 159.55 (+0.01), ORI: 19.25 (+0.13)
Old Republic Reports Results For The Second Quarter And First Half Of 2016
PR Newswire - Thu Jul 28, 8:00AM CDT
Old Republic International Corporation (NYSE: ORI) today reported moderately improved results for the first six months of this year. Pretax operating earnings rose 5.1 percent and 3.8 percent in the second quarter and first half of 2016, respectively. For each of these periods, earnings were most positively affected by greater profits in the run-off RFIG segment as litigation cost provisions were relatively less burdensome. In combination, Old Republic's core General and Title insurance groups produced moderately lower year-over-year earnings in the second quarter of 2016, while first half results were essentially unchanged. As the table immediately below indicates, realized net investment gains enhanced pretax and net income to different degrees in each of the periods reported upon.
ORI: 19.25 (+0.13)
Old Republic Declares Regular Second Quarter Cash Dividend Of 18.75 Cents Per Share
PR Newswire - Thu May 12, 1:02PM CDT
The Board of Directors of Old Republic International Corporation (NYSE: ORI) today declared a quarterly cash dividend on the common stock of 18.75 cents per share. This dividend is payable June 15, 2016, to shareholders of record on June 3, 2016. Subject to Board approval of each quarter's new rate, the full year's cash dividend will amount to 75 cents per share compared to 74 cents paid in 2015.
ORI: 19.25 (+0.13)
Old Republic posts 1Q profit
Automated Insights - Thu Apr 28, 8:20AM CDT
CHICAGO (AP) _ Old Republic International Corp. (ORI) on Thursday reported first-quarter net income of $122.9 million.
ORI: 19.25 (+0.13)
Old Republic Reports Results For The First Quarter 2016
PR Newswire - Thu Apr 28, 8:00AM CDT
Old Republic International Corporation (NYSE: ORI) today reported better operating earnings for this year's first quarter. Excluding the RFIG run-off segment, pretax operating earnings were up 10.9% quarter-over-quarter as General and Title Insurance performance outpaced comparable results in 2015. A 21.3% drop in RFIG's earnings, however, drove consolidated pretax operating income down to an approximate 2.5% gain. In this context, all of this year's gain in pretax operating income emanated from higher investment income. Consolidated net income for this year's first quarter nonetheless advanced 18.9% as much greater gains were secured from sales of investment securities. The major components of consolidated results are summarized in the table below.
ORI: 19.25 (+0.13)
Old Republic International Announces First Quarter 2016 Conference Call
PR Newswire - Thu Apr 14, 2:09PM CDT
Old Republic International Corporation (NYSE: ORI) today announced that it will hold a conference call on Thursday, April 28, at 3:00 p.m. Eastern Time to discuss first quarter 2016 results. The call can be accessed live on Old Republic's website at www.oldrepublic.com, or on a listen-only phone line at 888-395-3227.
ORI: 19.25 (+0.13)
Property & Casualty Insurance Technical Data -- XL Group, MBIA Inc., The Travelers Cos., and Old Republic Intl.
ACCESSWIRE - Tue Feb 02, 7:04AM CST
NEW YORK, NY / ACCESSWIRE / February 02, 2016 / Park Lane Advisor has initiated coverage on the following equities: XL Group PLC (NYSE: XL), MBIA Inc. (NYSE: MBI), The Travelers Companies Inc. (NYSE: TRV), and Old Republic International Corporation (NYSE: ORI). Free research report on XL Group can be accessed at http://www.parklaneadvisor.com/ On Monday, February 01, 2016, the NASDAQ Composite ended at 4,620.37, up 0.14%, the Dow Jones Industrial Average edged 0.10% lower, to finish the day at 16,449.18, and the S&P 500 closed at 1,939.38, down 0.04%. The gains were broad based as five out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.
MBI: 8.00 (+0.02), ORI: 19.25 (+0.13), XL: 34.75 (+0.42), TRV: 118.84 (+0.49)
Old Republic International Announces Fourth Quarter And Full Year 2015 Conference Call
PR Newswire - Thu Jan 14, 8:00AM CST
Old Republic International Corporation (NYSE: ORI), today announced that it will hold a conference call on Thursday, January 28, at 3:00 p.m. Eastern Time to discuss fourth quarter and full year 2015 results. The call can be accessed live on Old Republic's website at www.oldrepublic.com, or on a listen-only phone line at 888-364-3109.
ORI: 19.25 (+0.13)
Radian Group Slips to 52-Week Low, Sees Slow Start to 2016
Zacks Equity Research - Zacks Investment Research - Mon Jan 11, 2:50PM CST
On Jan 8, shares of Radian Group Inc. (RDN) touched a 52-week low of $11.88. In just five trading sessions of 2016, the company lost 10.8% of its share value.
RDN: 13.96 (+0.12), L: 41.63 (+0.32), MTG: 8.19 (+0.08), ORI: 19.25 (+0.13)
Old Republic International Up 11.9% Since SmarTrend Uptrend Call (ORI)
Comtex SmarTrend(R) - Wed Jan 06, 12:06PM CST
SmarTrend identified an Uptrend for Old Republic International (NYSE:ORI) on October 12th, 2015 at $16.58. In approximately 3 months, Old Republic International has returned 11.94% as of today's recent price of $18.56.
ORI: 19.25 (+0.13)
Assured Guaranty (AGO) Poised to Grow on Strategic Moves
Zacks Equity Research - Zacks Investment Research - Mon Dec 21, 1:05PM CST
On Dec 21, 2015, we issued an updated research report on Assured Guaranty Ltd. (AGO).
FFG: 66.29 (+0.55), AGO: 27.63 (+0.04), JRVR: 37.14 (+0.50), ORI: 19.25 (+0.13)
A.M. Best Affirms Ratings of Most Subsidiaries of Old Republic International Corporation
BusinessWire - Fri Dec 18, 11:20AM CST
A.M. Best has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of "aa-" of Old Republic Insurance Company (Greensburg, PA) and Old Republic Lloyds of Texas (Dallas, TX) (collectively referred to as Old Republic Insurance Companies [ORINSCO]); BITCO General Insurance Corporation and BITCO National Insurance Company (both domiciled in Rock Island, IL) (collectively referred to as BITCO Insurance Companies); and Great West Casualty Company (Great West) (South Sioux City, NE).
ORI: 19.25 (+0.13)
Prudential Well Positioned for Growth on Core Strengths
Zacks Equity Research - Zacks Investment Research - Thu Dec 17, 3:10PM CST
On Dec 17, 2015, we issued an updated research report on Prudential Financial Inc. (PRU).
FFG: 66.29 (+0.55), AGO: 27.63 (+0.04), PRU: 79.49 (+0.65), ORI: 19.25 (+0.13)
Old Republic Reports Board Of Directors Actions On Corporate Governance And Quarterly Dividend
PR Newswire - Thu Aug 25, 1:57PM CDT
Old Republic International Corporation (NYSE: ORI) today announced the following decisions taken by the Board of Directors at its regularly scheduled third quarter meeting.
ORI: 19.25 (+0.13)
Old Republic International Offers Senior Notes Worth $550M
Zacks Equity Research - Zacks Investment Research - Thu Aug 25, 8:17AM CDT
Old Republic International Corporation (ORI) has announced the offering of 3.875% senior notes with aggregate principal amount of $550 million that are due to mature in 10 years.
JRVR: 37.14 (+0.50), ORI: 19.25 (+0.13)
Old Republic Announces Pricing Of 3.875% Senior Notes Due 2026
PR Newswire - Wed Aug 24, 8:35AM CDT
Old Republic International Corporation (NYSE: ORI) today announced the pricing of $550 million aggregate principal amount of Senior Notes due 2026 (the "Senior Notes"
. The Senior Notes will mature on August 26, 2026 and will have an interest rate of 3.875%. The Senior Notes were priced at 99.819% to yield 3.897% to maturity. Interest will be paid semi-annually on February 26 and August 26 of each year beginning February 26, 2017. Proceeds are expected to be used for general corporate purposes, including the repayment of our outstanding convertible senior notes due 2018 at maturity, unless earlier converted. ORI: 19.25 (+0.13), MS: 31.89 (-0.02)
Old Republic Declares Regular Third Quarter Cash Dividend Of 18.75 Cents Per Share
PR Newswire - Tue Aug 23, 8:00AM CDT
The Board of Directors of Old Republic International Corporation (NYSE: ORI) today declared a quarterly cash dividend on the common stock of 18.75 cents per share. This dividend is payable September 15, 2016, to shareholders of record on September 2, 2016. Subject to Board approval of each quarter's new rate, the full year's cash dividend will amount to 75 cents per share compared to 74 cents paid in 2015.
ORI: 19.25 (+0.13)
Oriflame enters partnership with IBM to support digital transformation within IT and financial services
BusinessWire - Tue Aug 16, 1:58AM CDT
Oriflame Holding AG (STO:ORI), a global cosmetics company with a highly online-driven business, has entered a long term partnership with IBM (NYSE: IBM ) to outsource its IT and financial operational services. In order to support the continued digital business transformation of Oriflame in the IT and finance areas, IBM will bring new levels of customer focus, productivity and automation to its technology and internal processes. The seven-year contract, valued at EUR46 million, is expected to provide Oriflame with annual savings of approximately EUR3 million to be reinvested in Oriflame's continued IT development. No extraordinary costs are expected.
IBM: 159.55 (+0.01), ORI: 19.25 (+0.13)
Old Republic Reports Results For The Second Quarter And First Half Of 2016
PR Newswire - Thu Jul 28, 8:00AM CDT
Old Republic International Corporation (NYSE: ORI) today reported moderately improved results for the first six months of this year. Pretax operating earnings rose 5.1 percent and 3.8 percent in the second quarter and first half of 2016, respectively. For each of these periods, earnings were most positively affected by greater profits in the run-off RFIG segment as litigation cost provisions were relatively less burdensome. In combination, Old Republic's core General and Title insurance groups produced moderately lower year-over-year earnings in the second quarter of 2016, while first half results were essentially unchanged. As the table immediately below indicates, realized net investment gains enhanced pretax and net income to different degrees in each of the periods reported upon.
ORI: 19.25 (+0.13)
Old Republic Declares Regular Second Quarter Cash Dividend Of 18.75 Cents Per Share
PR Newswire - Thu May 12, 1:02PM CDT
The Board of Directors of Old Republic International Corporation (NYSE: ORI) today declared a quarterly cash dividend on the common stock of 18.75 cents per share. This dividend is payable June 15, 2016, to shareholders of record on June 3, 2016. Subject to Board approval of each quarter's new rate, the full year's cash dividend will amount to 75 cents per share compared to 74 cents paid in 2015.
ORI: 19.25 (+0.13)
Old Republic posts 1Q profit
Automated Insights - Thu Apr 28, 8:20AM CDT
CHICAGO (AP) _ Old Republic International Corp. (ORI) on Thursday reported first-quarter net income of $122.9 million.
ORI: 19.25 (+0.13)
Old Republic Reports Results For The First Quarter 2016
PR Newswire - Thu Apr 28, 8:00AM CDT
Old Republic International Corporation (NYSE: ORI) today reported better operating earnings for this year's first quarter. Excluding the RFIG run-off segment, pretax operating earnings were up 10.9% quarter-over-quarter as General and Title Insurance performance outpaced comparable results in 2015. A 21.3% drop in RFIG's earnings, however, drove consolidated pretax operating income down to an approximate 2.5% gain. In this context, all of this year's gain in pretax operating income emanated from higher investment income. Consolidated net income for this year's first quarter nonetheless advanced 18.9% as much greater gains were secured from sales of investment securities. The major components of consolidated results are summarized in the table below.
ORI: 19.25 (+0.13)
Old Republic International Announces First Quarter 2016 Conference Call
PR Newswire - Thu Apr 14, 2:09PM CDT
Old Republic International Corporation (NYSE: ORI) today announced that it will hold a conference call on Thursday, April 28, at 3:00 p.m. Eastern Time to discuss first quarter 2016 results. The call can be accessed live on Old Republic's website at www.oldrepublic.com, or on a listen-only phone line at 888-395-3227.
ORI: 19.25 (+0.13)
Property & Casualty Insurance Technical Data -- XL Group, MBIA Inc., The Travelers Cos., and Old Republic Intl.
ACCESSWIRE - Tue Feb 02, 7:04AM CST
NEW YORK, NY / ACCESSWIRE / February 02, 2016 / Park Lane Advisor has initiated coverage on the following equities: XL Group PLC (NYSE: XL), MBIA Inc. (NYSE: MBI), The Travelers Companies Inc. (NYSE: TRV), and Old Republic International Corporation (NYSE: ORI). Free research report on XL Group can be accessed at http://www.parklaneadvisor.com/ On Monday, February 01, 2016, the NASDAQ Composite ended at 4,620.37, up 0.14%, the Dow Jones Industrial Average edged 0.10% lower, to finish the day at 16,449.18, and the S&P 500 closed at 1,939.38, down 0.04%. The gains were broad based as five out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.
MBI: 8.00 (+0.02), ORI: 19.25 (+0.13), XL: 34.75 (+0.42), TRV: 118.84 (+0.49)
Old Republic International Announces Fourth Quarter And Full Year 2015 Conference Call
PR Newswire - Thu Jan 14, 8:00AM CST
Old Republic International Corporation (NYSE: ORI), today announced that it will hold a conference call on Thursday, January 28, at 3:00 p.m. Eastern Time to discuss fourth quarter and full year 2015 results. The call can be accessed live on Old Republic's website at www.oldrepublic.com, or on a listen-only phone line at 888-364-3109.
ORI: 19.25 (+0.13)
Radian Group Slips to 52-Week Low, Sees Slow Start to 2016
Zacks Equity Research - Zacks Investment Research - Mon Jan 11, 2:50PM CST
On Jan 8, shares of Radian Group Inc. (RDN) touched a 52-week low of $11.88. In just five trading sessions of 2016, the company lost 10.8% of its share value.
RDN: 13.96 (+0.12), L: 41.63 (+0.32), MTG: 8.19 (+0.08), ORI: 19.25 (+0.13)
Old Republic International Up 11.9% Since SmarTrend Uptrend Call (ORI)
Comtex SmarTrend(R) - Wed Jan 06, 12:06PM CST
SmarTrend identified an Uptrend for Old Republic International (NYSE:ORI) on October 12th, 2015 at $16.58. In approximately 3 months, Old Republic International has returned 11.94% as of today's recent price of $18.56.
ORI: 19.25 (+0.13)
Assured Guaranty (AGO) Poised to Grow on Strategic Moves
Zacks Equity Research - Zacks Investment Research - Mon Dec 21, 1:05PM CST
On Dec 21, 2015, we issued an updated research report on Assured Guaranty Ltd. (AGO).
FFG: 66.29 (+0.55), AGO: 27.63 (+0.04), JRVR: 37.14 (+0.50), ORI: 19.25 (+0.13)
A.M. Best Affirms Ratings of Most Subsidiaries of Old Republic International Corporation
BusinessWire - Fri Dec 18, 11:20AM CST
A.M. Best has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of "aa-" of Old Republic Insurance Company (Greensburg, PA) and Old Republic Lloyds of Texas (Dallas, TX) (collectively referred to as Old Republic Insurance Companies [ORINSCO]); BITCO General Insurance Corporation and BITCO National Insurance Company (both domiciled in Rock Island, IL) (collectively referred to as BITCO Insurance Companies); and Great West Casualty Company (Great West) (South Sioux City, NE).
ORI: 19.25 (+0.13)
Prudential Well Positioned for Growth on Core Strengths
Zacks Equity Research - Zacks Investment Research - Thu Dec 17, 3:10PM CST
On Dec 17, 2015, we issued an updated research report on Prudential Financial Inc. (PRU).
FFG: 66.29 (+0.55), AGO: 27.63 (+0.04), PRU: 79.49 (+0.65), ORI: 19.25 (+0.13)
