The goal is to create a ‘stocks portfolio’ which will generate enough regular dividend cash to take care of my cash flow budget when I retire. The dividends sho
Dispute was huge distraction for Afghanistan when coronavirus crisis was worsening and Taliban was stepping up attacks.
ARCO Design/Build recently completed construction of a new manufacturing and oil rig test site featuring two buildings located at 19961 GH Circle in Waller, TX for Archway Properties and AFGlobal, a subsidiary of AFG Holdings, Inc., a provider of technology, …
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: AMBC) ("Ambac" or “the Company”), a financial services holding company whose subsidiaries include Ambac Assurance Corporation, a guarantor of financial obligations in run-off (“Ambac Assurance”), t…
CINCINNATI--(BUSINESS WIRE)--Great American Life enhanced its Index Frontier registered index-linked annuities with the addition of three new indexed strategies.
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) today reported a 2020 first quarter net loss attributable to shareholders of $301 million ($3.34 per share loss) compared to earnings of $329 million ($3.63 per share) for the 2019 first …
The analysts covering American Financial Group, Inc. (NYSE:AFG) delivered a dose of negativity to shareholders today...
AM Best has assigned a Long-Term Issue Credit Rating of "a-" to the new $300 million 5.25% 10-year senior unsecured notes due April 2030 recently issued by American Financial Group, Inc. (AFG) (Cincinnati, OH) [NYSE: AFG]. The outlook assigned to this Credit Rating (rating) is stable. The existing ratings of AFG and its subsidiaries are unchanged.
American Financial Group, Inc. (NYSE: AFG) today reported a 2020 first quarter net loss attributable to shareholders of $301 million ($3.34 per share loss) compared to earnings of $329 million ($3.63 per share) for the 2019 first quarter. Net earnings for the 2020 first quarter were adversely impacted by after-tax non-core items aggregating $472 million ($5.22 per share). These items included $435 million ($4.81 per share) in non-core after-tax net realized losses on securities, after-tax annuity non-core losses of $30 million ($0.34 per share), and $7 million ($0.07 per share) for costs associated with the runoff of our Lloyd’s-based insurer, Neon. By comparison, net earnings in the 2019 first quarter included $145 million ($1.61 per share) in after-tax net realized gains on securities. Other details may be found in the table on the following page. AFG’s book value per share was $56.18 as of March 31, 2020. Annualized return on equity was (23.1%) and 25.9% for the first quarters of 2020 and 2019, respectively.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) today announced that it intends to adjourn its 2020 Annual Meeting of Shareholders scheduled for Wednesday, May 20, 2020 at 11:00 a.m., Eastern time and reconvene promptly after adjournme…
CINCINNATI--(BUSINESS WIRE)--Great American is pleased to announce that David Fowler and Gordon Lewis have joined the company in the role of Divisional Vice President.
The Zacks Analyst Blog Highlights: The Progressive, American Financial Group, ProAssurance and Assurant
Tacoma, Washington-based commercial coffee equipment leasing company Specialty Coffee Finance has been acquired by Southern California-based Alliance Funding Group (AFG), which has provided equipment financing and capital services for a...
American Financial (AFG) slashes earnings guidance for the current year due to coronavirus woes.
Balochistan is future of Pakistan and it is our duty to fully assist its govt and people, says General Qamar The post Covid-19: COAS directs army to facilitate people of far flung areas of Balochistan appeared first on The Express Tribune.
Auto Financial Group (AFG), one of the nation's leading sources of residual based financing and vehicle remarketing for financial institutions, announced results for Q1 2020 today.
American Financial Group, Inc. (NYSE: AFG) announced today the registered offering of $300 million of 5.250% Senior Notes (the "Notes") due April 2, 2030. The Notes were priced at 98.625% of their principal amount.
American Financial Group, Inc. (NYSE: AFG) announced that it has declared a regular dividend of $0.45 per share of American Financial Group Common Stock. The dividend is payable on April 27, 2020 to holders of record at the close of business on April 15, 2020.
American Financial Group, Inc. (NYSE: AFG) announced today that it priced an offering of $150 million aggregate principal amount of 5.625% Subordinated Debentures due June 1, 2060 (the "Debentures").
American Financial (AFG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Ladies and gentlemen, thank you for standing by and welcome to the American Financial Group 2020 First Quarter Results Conference Call. The past two months have been an exceptionally challenging time for all of us.
Ashraf Ghani's spokesman describes move as a 'goodwill gesture' after the Taliban proposed ceasefire during Eid holiday.
The stock market soared again Wednesday, with the Dow Jones Industrial Average posting its first back-to-back increases in seven weeks. Plenty of Greater Cincinnati stocks shared in the gains as details of an economic stimulus package emerged.
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “bbb+” to the $150 million 5.625% subordinated debentures due 2060 issued by American Financial Group, Inc. (AFG) (Cincinnati, OH). The outlook assigned to this Credit Rat…
American Financial (AFG) is poised to benefit from its sound capital position and high premiums earned from the P&C business.
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see American...
American Financial's (AFG) first-quarter earnings reflect higher premiums in Specialty Property and Casualty Insurance segment offset by poor performance of its Annuity Segment.
American Financial Group, Inc. (NYSE: AFG) today announced that it intends to adjourn its 2020 Annual Meeting of Shareholders scheduled for Wednesday, May 20, 2020 at 11:00 a.m., Eastern time and reconvene promptly after adjournment exclusively in a virtual format. AFG’s proxy materials were mailed on or around April 3 and disclosed the possibility of participation or attendance solely by means of remote communication.
Insurance giant American Financial Group Inc. has slashed its earnings guidance by about 25% due to a decrease in its expected return on investments.
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE:AMBC) ("Ambac"), a financial services holding company whose subsidiaries include Ambac Assurance Corporation ("AAC") and Ambac Assurance UK Limited ("Ambac UK"), guarantors of financial obligations …
Australian Finance Group Limited (ASX:AFG), operating in the financial services industry based in Australia, led the...
American Financial Group (AFG) is set to grow on its organic growth, strategic acquisitions and effective capital deployment.
American Financial Group, Inc. (NYSE: AFG) announced today revised earnings guidance for 2020.
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: AMBC) ("Ambac" or the “Company”), a financial services holding company whose subsidiaries include Ambac Assurance Corporation, a guarantor of financial obligations in run-off, announced today that …
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) announced today that it priced an offering of $150 million aggregate principal amount of 5.625% Subordinated Debentures due June 1, 2060 (the “Debentures”). The offering is expected to cl…
Afghan President Ashraf Ghani has initiated a process to release up to 2,000 imprisoned Taliban militants as a "goodwill gesture" in response to a three-day ceasefire offered by the the militant group.
Q1 2020 American Financial Group Inc Earnings Call