NEW YORK, Nov. 8, 2017 /PRNewswire/ --
If you want a Stock Review on AXS, MBI, ORI, or XL then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today's pre-market research on DailyStockTracker.com is dedicated to the Property and Casualty Insurance industry, which consists of companies engaged in insurance underwriting, and carriers of property, fire, marine, auto, title, professional liability, funeral, bonding, fidelity, and other surety policies. Under review this morning are the following equities: AXIS Capital Holdings Ltd (NYSE: AXS), MBIA Inc. (NYSE: MBI), Old Republic International Corp. (NYSE: ORI), and XL Group Ltd (NYSE: XL). Daily Stock Tracker provides great insights on these stocks in its free research reports at:
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AXIS Capital Holdings
Pembroke, Bermuda headquartered AXIS Capital Holdings Ltd's shares saw a correction of 1.01%, finishing Tuesday's trading session at $53.95. A total volume of 925,547 shares was traded, which was higher than their three months average volume of 718,610 shares. The stock is trading below its 50-day moving average by 5.06%. Moreover, shares of AXIS Capital, which through its subsidiaries, provides various specialty insurance and reinsurance products worldwide, have a Relative Strength Index (RSI) of 32.01.
On October 23rd, 2017, AXIS Capital announced that Steve Arora has been named CEO of AXIS Re. Mr. Arora joins the Company from Swiss Re, where he spent 18 years in a variety of senior positions, most recently as Head of Casualty Reinsurance and as a member of the Reinsurance Executive Committee. He has extensive international experience and leadership capabilities and has been recognized by the World Economic Forum as a Young Global Leader. Free research report on AXS is available at:
http://dailystocktracker.com/registration/?symbol=AXS
MBIA Inc.
On Tuesday, shares in Purchase, New York headquartered MBIA Inc. recorded a trading volume of 6.18 million shares, which was above their three months average volume of 3.90 million shares. The stock ended the session 3.28% higher at $6.93. The Company's shares are trading 18.33% below their 50-day moving average. Furthermore, shares of MBIA, which provides financial guarantee insurance services to public finance markets in the US and internationally, have an RSI of 39.95.
On November 02nd, 2017, MBIA announced that it will host a webcast and conference call for investors on November 08th, 2017, at 8:00 a.m. ET to discuss its Q3 2017 financial results. The complimentary research report on MBI can be downloaded at:
http://dailystocktracker.com/registration/?symbol=MBI
Old Republic
Shares in Chicago, Illinois-based Old Republic International Corp. closed at $20.64, rising 0.44% from the last trading session. The stock recorded a trading volume of 1.29 million shares, which was above its three months average volume of 1.17 million shares. The Company's shares have gained 5.31% in the last one month, 6.67% over the previous three months, and 8.63% since the start of this year. The stock is trading 5.44% and 3.80% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Old Republic, which through its subsidiaries, engages in the insurance underwriting and related services business primarily in the US and Canada, have an RSI of 70.77.
On October 26th, 2017, Old Republic announced results for Q3 and first nine months of 2017. For Q3 2017, total operating revenues were $1,557.2 billion, pretax operating income was $23.8 million, and net income was $46.1 million. For the nine months ended September 30th, 2017, total operating revenues were $4,479.4 billion, pretax operating income was $313.1 million, and net income was $260.9 million.
On October 30th, 2017, research firm Raymond James upgraded the Company's stock rating from 'Outperform' to 'Strong Buy'. Visit DailyStockTracker.com today and access our complete research report on ORI at:
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XL Group
Hamilton, Bermuda-based XL Group Ltd's stock ended 0.55% higher at $39.91 with a total trading volume of 2.14 million shares. The Company's shares have advanced 1.50% in the last one month and 7.11% on an YTD basis. The stock is trading slightly below its 50-day moving average by 0.52%. Furthermore, shares of XL Group, which through its subsidiaries, operates as an insurance and reinsurance company worldwide, have an RSI of 43.98.
On October 13th, 2017, research firm Deutsche Bank downgraded the Company's stock rating from 'Hold' to 'Sell' while revising its previous target price from $42 a share to $37 a share.
On October 26th, 2017, XL Group announced that James E. Nevels has joined the Company's Board of Directors. Mr. Nevels has extensive financial services and board experience, including as Chairman of The Swarthmore Group, an investment advisor firm he founded in 1991, and as Chairman and Lead Independent Director of The Hershey Company. Get free access to your research report on XL at:
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