New York-based American International Group Inc.'s shares declined 0.87%, closing Wednesday's trading session at $58.98. The stock recorded a trading volume of 6.13 million shares. The Company's shares are trading 3.01% below their 200-day moving average. Additionally, shares of American International, which provides insurance products for commercial, institutional, and individual customers primarily in the US, Europe, and Japan, have a Relative Strength Index (RSI) of 30.87.
On April 12th, 2017, American International announced that it will hold a Consumer Insurance Investor Day focused on Japan and Personal Insurance in New York City on Monday, May 15th, 2017. The presentations will begin at 9:30 a.m. and end at approximately 11:00 a.m. ET, with registration and breakfast beginning at 9:00 a.m. A live, listen-only webcast will be available under the Investor Relations section of the Company's website. See our free and comprehensive research report on AIG at:
On Wednesday, shares in Milwaukee, Wisconsin headquartered MGIC Investment Corp. recorded a trading volume of 6.41 million shares, which was above their three months average volume of 4.06 million shares. The stock fell 0.18%, ending the day at $10.93. The Company's shares have advanced 5.20% in the past month, 6.43% in the previous three months, and 7.26% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.61% and 20.62%, respectively. Furthermore, shares of MGIC Investment, which through its subsidiaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the US, have an RSI of 62.79.
On April 04th, 2017, Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment,announced the availability of mortgage insurance through PreApp 1003, a cloud-based mortgage pre-qualification system. This integration - unique to PreApp 1003 and MGIC - allows loan officers to provide their borrowers accurate, real-time mortgage loan rates that require mortgage insurance.MTG free research report PDF is just a click away at:
Omaha, Nebraska-based Berkshire Hathaway Inc.'s stock finished the day 0.57% lower at $162.76. A total volume of 3.91 million shares was traded, which was above their three months average volume of 3.59 million shares. The Company's shares have advanced 1.41% in the previous three months. The stock is trading above its 200-day moving average by 4.16%. Additionally, shares of Berkshire Hathaway, which through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business, have an RSI of 31.98.
On April 12th, 2017, Berkshire Hathaway announced that it will file a Form 4 - "Statement of Changes in Beneficial Ownership" - with the SEC, reporting the sale of 7,134,447 shares of Wells Fargo & Company's common stock during the period between April 10th, 2017and April 12th, 2017. Sign up for your complimentary report on BRK-B at:
Shares in Mayfield Village, Ohio headquartered The Progressive Corp. ended yesterday's session 0.36% lower at $38.87. The stock recorded a trading volume of 3.92 million shares, which was above its three months average volume of 2.98 million shares. The Company's shares have advanced 8.91% over the previous three months and 11.52% since the start of this year. The stock is trading 13.05% above its 200-day moving average. Moreover, shares of Progressive, which through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the US, have an RSI of 41.25.
On April 03rd, 2017, Progressive announced the pricing of $850 million aggregate principal amount of its 4.125% Senior Notes due 2047 in an underwritten public offering.The notes were priced at 99.879% of par. Credit Suisse Securities (USA) LLC, and Merrill Lynch, Pierce, Fenner & Smith Incorporated are acting as joint bookrunners for this debt offering; and Goldman, Sachs & Co. and Deutsche Bank Securities Inc. are acting as co-managers.
On April 10th, 2017, research firm Keefe Bruyette upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Register for free on Stock-Callers.com and download the latest research report on PGR at:
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