Wednesday, April 7, 2010 as of 11:14 AM ET
The Hartford Financial Services Group, Inc. (), usually known as The Hartford, is a Fortune 500 company and one of America’s largest investment and insurance companies.
Read More at Wikipedia ›Big gun investors John Paulson, Steve Cohen, Anton Schutz and Eddie Lampert all made surprising investment moves this past quarter that investors may want to take note of, according to Wall Street research shop SNL Financial.
While hedge fund manager Paulson ditched financials, we already told you that George Soros is buying them (see Emac's Bottom Line, "Soros Dumps Google and Apple, Buys Banks" )Add Anton Schutz's Mendon Capital to the bulls on the banks, as his shop doubled its JPMorgan (NYSE:JPM) stake in the first quarter. SNL has more detail you won't want to miss:PAULSON CUTS BACK ON U.S. FINANCIALSClosely watched John Paulson is the hedge fund manager famous for making smart bets against the U.S. subprime mortgages in 2007. He's hit a rocky patch, with some of his funds dropping by a third to a half, notably due to investments in gold, which have sunk into the red.And now his fund, Paulson & Co., has taken a big scissor to holdings of U.S.-based financial services stocks in the ...These are the stocks that are up on above-average volume today:Green Mountain Coffee Roasters Inc. ( GMCR ) is up on high volume today, trading with volume of 12.1 m...
FBN's Sandra Smith breaks down late-morning market news.
Bowing to pressure from hedge fund heavyweight John Paulson , Hartford Financial (NYSE:HIG) revealed plans on Wednesday to shut down its annuity business and conside...
FOX Business: The Power to ProsperU.S. stock-index futures advanced on Wednesday amid optimism that the batch of of U.S. housing data slated for release later in the...
There are many reasons you may want to replace your current life insurance policy with a new one. A new policy may offer better coverage at a lower cost, you may fee...
NEW YORK MarketWatch) -- Shares of Hartford Financial Services Group Inc. rose almost 6% on Wednesday in preopen trade after the firm late Tuesday issued a response ...
Prominent hedge fund manager John Paulson reported no longer holding common shares of Citigroup (C), Bank of America (BAC) and Regions Financial Corp. (RF), apparent...
Hedge fund billionaire John Paulson recommended on Tuesday that Hartford Financial Services Group Inc. spin off its property and causalty insurance business to impro...
Hartford Financial reported Tuesday afternoon its fourth-quarter profit slid 79% to $127 million, or 24 cents a share, as it plowed money to shore up its reserves. E...
("UPDATE: Aetna's 4Q Earnings Up 73% On Light Health Usage," at 9:10 a.m. EST, and " Aetna 4Q Net Rises 73% On Increased Membership" at 6:37 a.m. EST misstated the c...
When you send in your next insurance payment, are you going to buy any “satisfaction”Insure.com's new in-depth analysis provides the most complete view available of ...
Investors in U.S. financial stocks discounted a strong report on employment Thursday from ADP , looking instead at ongoing problems in Europe and weakness among the ...
The number of new customers buying car insurance from Allstate Corp. (ALL) began "rapidly declining" in the second quarter of last year, prompting the company to spe...
Allianz SE (ALV.XE) and Hartford Financial Services Group Inc. (HIG) Tuesday said they completed the repurchase transaction involving Hartford buying back subordinat...
TAKING THE PULSE: The mild winter was kind to U.S. property-casualty insurers in the first quarter, giving the sector a respite after a long string of natural catast...
DOW JONES NEWSWIRESHartford Financial Services Group Inc. (HIG) agreed to buy back $2.43 billion in securities from Allianz SE (ALIZF, AZSEY, ALV.XE) in order to giv...
Paulson & Co., led by hedge fund manager John Paulson , said Wednesday that while it is pleased with Hartford Financial Services Group taking steps to divest non-cor...
FOX Business: The Power to ProsperWeighed down by falling Chevron and Caterpillar shares, the Dow struggled to shake off mild losses unlike the broader market indexe...
FOX Business: The Power to ProsperWeighed down by poorly performing energy stocks, the Dow and S&P 500 failed to shake off modest losses.Today's MarketsThe Dow Jones...
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