NEW YORK, April 20, 2017 /PRNewswire/ --
Stock-Callers.com has issued research reports on American International Group Inc. (NYSE: AIG), MGIC Investment Corp. (NYSE: MTG), Berkshire Hathaway Inc. (NYSE: BRK-B), and The Progressive Corp. (NYSE: PGR). These companies belong to the Property and Casualty Insurance industry, which is highly fragmented and includes segments such as motor vehicle insurance, property insurance, liability, and accident insurance. Download the free research reports on these stocks today:
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, 2017 and 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:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA