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Atlantic American Corporation Reports First Quarter Results for 2025

  • ATLANTA, May 13, 2025 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income of $0.8 million, or $0.03 per diluted share, in the first quarter of 2025 compared to net loss of ($2.0) million, or ($0.10) per diluted share, in the first quarter of 2024. The increase in net income for the first quarter of 2025 was primarily the result of an increase in premium revenue and favorable loss experience in the Company's life and health operations. Premium revenue for the three month period ended March 31, 2025 increased $2.4 million, or 5.3%, to $46.9 million from $44.6 million in the three month period ended March 31, 2024.
    05/13/2025

Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2024; Declares Annual Dividend

  • ATLANTA, March 25, 2025 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income of $0.4 million, or $0.02 per diluted share, for the three month period ended December 31, 2024, compared to net loss of $2.2 million, or $(0.11) per diluted share, for the three month period ended December 31, 2023. The Company had net loss of $4.3 million, or $(0.23) per diluted share, for the year ended December 31, 2024, compared to net loss of $0.2 million, or $(0.03) per diluted share, for the year ended December 31, 2023. The increase in net income for the three month period ended December 31, 2024 was primarily the result of favorable loss experience in the Company's life and health operations due to a decrease in incurred losses, predominantly in the group life and Medicare supplement lines of business. The increase in net loss for the year ended December 31, 2024 was primarily due to unfavorable loss experience in the Company's property and casualty operations due to the frequency and severity of claims in the automobile liability line of business, compared to the prior year.
    03/25/2025
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Atlantic American Corporation (AAME) can sell. Click on Rating Page for detail.

The price of Atlantic American Corporation (AAME) is 2.32 and it was updated on 2025-08-06 13:00:29.

Currently Atlantic American Corporation (AAME) is in undervalued.

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Atlantic American Corporation Reports Third Quarter Results for 2024

  • ATLANTA, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $2.0 million, or $(0.10) per diluted share, for the three month period ended September 30, 2024, compared to net income of $1.8 million, or $0.08 per diluted share, for the three month period ended September 30, 2023. The Company had net loss of $4.7 million, or $(0.24) per diluted share, for the nine month period ended September 30, 2024, compared to net income of $2.1 million, or $0.09 per diluted share, for the nine month period ended September 30, 2023. The increase in net loss for the three month and nine month periods ended September 30, 2024 was primarily the result of unfavorable loss experience in the Company's life and health operations due to an increase in incurred losses in the group life and Medicare supplement lines of business, as well as unfavorable loss experience in the Company's property and casualty operations due to the frequency and severity of claims in the automobile liability line of business, compared to the prior year periods.
    Tue, Nov. 12, 2024

Atlantic American Corporation Reports Second Quarter Results for 2024

  • ATLANTA, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $0.7 million, or $(0.04) per diluted share, for the three month period ended June 30, 2024, compared to net income of $1.7 million, or $0.08 per diluted share, for the three month period ended June 30, 2023. The Company had net loss of $2.7 million, or $(0.14) per diluted share, for the six month period ended June 30, 2024, compared to net income of $0.3 million, or $0.00 per diluted share, for the six month period ended June 30, 2023. The increase in net loss for the three month and six month periods ended June 30, 2024 was primarily the result of unfavorable loss experience in the Company's life and health operations, as well as in the Company's property and casualty operations, compared to the prior year periods.
    Wed, Aug. 14, 2024

Atlantic American Corporation Reports First Quarter Results for 2024

  • ATLANTA, May 14, 2024 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $2.0 million, or ($0.10) per common share, in the first quarter of 2024 compared to net loss of $1.4 million, or ($0.08) per common share, in the first quarter of 2023.   The increase in net loss for the first quarter of 2024 was primarily the result of a decrease in premium revenue in the life and health operations coupled with unfavorable loss experience in the life and health operations. Premium revenue for the three month period ended March 31, 2024 decreased $1.5 million, or 3.4%, to $44.6 million from $46.1 million in the three month period ended March 31, 2023.
    Tue, May. 14, 2024

Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2023; Declares Annual Dividend

  • ATLANTA, April 01, 2024 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss for the three month period ended December 31, 2023 of $2.2 million, or ($0.11) per diluted share, as compared to net income of $1.0 million, or $0.05 per diluted share, for the comparable period in 2022. For the year ended December 31, 2023, the Company reported net loss of $0.2 million, or ($0.03) per diluted share, as compared to net income of $1.5 million, or $0.06 per diluted share, for the year ended December 31, 2022. The decrease in net income for the fourth quarter of 2023 was primarily due to an increase in insurance benefits and losses incurred partially offset by an increase in unrealized gains in equity securities. The decrease in net income for the year ended December 31, 2023 was primarily due to a decrease in earned premiums, as well as an increase in insurance benefits and losses as a percentage of premiums. Also contributing to the decrease in net income is an increase in debt service costs due to rising interest rates. Partially offsetting this decrease was a decline in unrealized losses on equity securities.
    Mon, Apr. 01, 2024

Atlantic American Corporation Reports Third Quarter Results for 2023

  • ATLANTA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income of $1.8 million, or $0.08 per diluted share, for the three month period ended September 30, 2023, compared to net loss of $0.7 million, or $(0.04) per diluted share, for the three month period ended September 30, 2022. The Company had net income of $2.1 million, or $0.09 per diluted share, for the nine month period ended September 30, 2023, compared to net income of $0.5 million, or $0.01 per diluted share, for the nine month period ended September 30, 2022. The increase in net income for the three and nine month periods ended September 30, 2023 was primarily the result of a more favorable loss experience in the life and health operations, from the comparable periods in 2022, coupled with a decrease in unrealized losses on equity securities. Partially offsetting this increase in net income for the nine month period ended September 30, 2023 was an increase in ancillary costs related to the implementation of the new actuarial valuation system, coupled with an increase in administrative costs related to the growth in the group and individual lines of business within the life and health operations.
    Mon, Nov. 13, 2023
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Atlantic American Corporation Reports Second Quarter Results for 2023; Declares Annual Dividend

  • ATLANTA, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended June 30, 2023 of $1.7 million, or $0.08 per diluted share, as compared to net loss of $1.7 million, or $0.09 per diluted share, for the comparable period in 2022. For the six month period ended June 30, 2023, the Company reported net income of $0.3 million, or nil per diluted share, as compared to net income of $1.2 million, or $0.05 per diluted share, for the comparable period in 2022. The increase in net income for the three month period ended June 30, 2023 was primarily the result of a $5.4 million increase in unrealized gains on equity securities due to appreciation in market values in addition to more favorable loss experience in the life and health operations, from the comparable period in 2022. The decrease in net income for the six month period ended June 30, 2023 was primarily attributable to ancillary costs related to implementation of the new actuarial valuation system, coupled with an increase in administrative costs related to the growth in the group lines of business within the life and health operations.
  • 08/08/2023

AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Atlantic American Corporation and Its Subsidiaries

  • OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of American Southern Insurance Company (Topeka, KS) and its wholly owned and 100% reinsured subsidiary, American Safety Insurance Company (collectively referred to as American Southern Group). Additionally, AM Best has removed from under review with developin.
  • 07/20/2023

Atlantic American Corporation Reports Second Quarter Results For 2021

  • ATLANTA, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended June 30, 2021 of $3.0 million, or $0.14 per diluted share, as compared to net income of $6.5 million, or $0.30 per diluted share, for the comparable period in 2020. For the six month period ended June 30, 2021, the Company reported net income of $2.5 million, or $0.11 per diluted share, as compared to net loss of $1.6 million, or $0.09 per diluted share, for the comparable period in 2020. The decrease in net income during the second quarter of 2021 was primarily due to a $4.5 million increase in life and health insurance benefits and losses incurred. Such increase was largely the result of higher utilization of policy benefits as compared to the unusually low levels experienced in 2020 during the COVID-19 shelter in place restrictions imposed on our policyholders. The increase in net income for the six month period ended June 30, 2021 was primarily due to $4.7 million of net unrealized gains on equity securities as compared to $7.1 million of unrealized losses on equity securities during the comparable period in 2020. Changes in unrealized gains and losses on equity securities for the applicable periods are primarily the result of fluctuations in the market values of the Company's equity investments.
  • 08/10/2021

Atlantic American Corporation Reports First Quarter Results for 2021

  • ATLANTA, May 11, 2021 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $0.4 million, or $0.03 per common share, in the first quarter of 2021 compared to net loss of $8.1 million, or $0.40 per common share, in the first quarter of 2020.   The decrease in net loss was primarily the result of unrealized gains on equity securities of $0.7 million in the current quarter as compared to unrealized losses on equity securities of $8.5 million in the prior year quarter. Although price levels have generally recovered, the Company's investment portfolio was significantly impacted during the first quarter of 2020 by material declines in capital markets as a result of the COVID-19 pandemic.
  • 05/11/2021

AM Best Affirms Credit Ratings of Atlantic American Corporation and Its Subsidiaries

  • OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of American Southern Insurance Company (Topeka, KS) and its wholly owned and 100% reinsured subsidiary, American Safety Insurance Company (collectively referred to as American Southern Group). Additionally, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” of Bankers Fidelity Life Insurance Company an
  • 04/22/2021

Atlantic American Corporation Trades At Less Than 9x EPS

  • Insurance company Atlantic American Corp. appears to be a buy because of its balance sheet. The total amount of assets was equal to $405 million, with total liabilities of $260 million. Note that the market capitalization is equal to $104 million.
  • 03/25/2021

AAME Stock Price Increased 25.55%: Why It Happened

  • The stock price of Atlantic American Corporation (NASDAQ: AAME) increased by 25.55% on March 19. This is why it happened.
  • 03/21/2021

AAME Stock: 8 Things to Know About Atlantic American as Shares Rocket

  • Atlantic American (AAME) stock is soaring higher on heavy trading Friday despite there being no new news to report about the company. The post AAME Stock: 8 Things to Know About Atlantic American as Shares Rocket appeared first on InvestorPlace.
  • 03/19/2021

AAME Stock Price Went Up Over 568% Today: Why It Happened

  • The stock price of Atlantic American Corporation (NASDAQ:AAME) hit over 568% today. This is why it happened.
  • 02/05/2021

AAME Stock: 6 Things to Know About Atlantic American as Shares Go Parabolic

  • Atlantic American (AAME) stock is soaring higher on Friday with heavy trading despite a lack of news coming from the insurance company. The post AAME Stock: 6 Things to Know About Atlantic American as Shares Go Parabolic appeared first on InvestorPlace.
  • 02/05/2021

Atlantic American Reports Third Quarter Results

  • ATLANTA, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended September 30, 2020 of $1.9 million, or $0.09 per diluted share, as compared to net loss of $1.4 million, or $0.07 per diluted share, for the comparable period in 2019. For the nine month period ended September 30, 2020, the Company reported net income of $0.3 million, or nil per diluted share, as compared to net loss of $1.7 million, or $0.10 per diluted share, for the comparable period in 2019. The increase in net income during the third quarter of 2020 was primarily due to a $5.5 million decrease in insurance benefits and losses incurred somewhat offset by a decrease in unrealized gains on equity securities of $1.7 million for the third quarter of 2020 as compared to the third quarter of 2019. The increase in net income for the nine month period ended September 30, 2020 was primarily due to a $14.3 million decrease in insurance benefits and losses incurred mostly offset by a decrease of $9.9 million of net unrealized gains on equity securities during the nine month period ended September 30, 2020 as compared to the comparable period in 2019. Changes in unrealized gains and losses on equity securities for the applicable periods are primarily the result of fluctuations in the market values of the Company's equity investments.
  • 11/10/2020

Retirement Portfolio: Do Not Set On Autopilot

  • Target-Date Funds are popular retirement investments because of their one-stop shopping nature. While they appear simple, the holdings are quite complex.
  • 10/22/2020

Global Anti-money Laundering Market Analysis & Forecasts 2020-2026: Improvements in Robotic Process Automation (RPA) Workflows and ML-Based Analytical Solutions - ResearchAndMarkets.com

  • The
  • 10/22/2020

Corporate America Gives Millions to Groups Registering New Voters in Democratic Areas

  • Donors representing Fortune 500 giants such as Charles Schwab and Fidelity Investments joined with liberal dark money donors ...
  • 10/21/2020

Fidelity Asian Values PLC (FAS.L) (LON:FAS) Shares Pass Above 50-Day Moving Average of $348.26

  • Fidelity Asian Values PLC (FAS.L) (LON:FAS)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $348.26 and traded as high as $370.00. Fidelity Asian Values PLC (FAS.L) shares last traded at $360.50, with a volume of 264,394 shares changing hands. The […]
  • 10/21/2020

Est-il raisonnable d’avoir du Bitcoin en portefeuille ?

  • 10/20/2020

Fidelity D&D Bancorp (NASDAQ:FDBC) Shares Acquired by Charles Schwab Investment Management Inc.

  • Charles Schwab Investment Management Inc. lifted its holdings in shares of Fidelity D&D Bancorp (NASDAQ:FDBC) by 33.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,291 shares of the financial services provider’s stock after buying an additional 2,304 shares during the […]
  • 10/20/2020

Le buzz autour de l’hydrogène est plus que du vent

  • Selon l’UE, le marché européen de l’hydrogène pourrait septupler d’ici 2050 et offrir d’immenses opportunités.
  • 10/20/2020

Fidelity Contrafund Number 1 Holding: Amazon (MUTF:FCNTX)

  • Fund manager Will Danoff has been at the helm for 30 years, and the Contrafund has delivered a 10-year average return of +15.52%.
  • 10/19/2020

Few powering up with electronic disclosure

  • 10/19/2020

The Next Phase For Bitcoin (Cryptocurrency:BTC-USD)

  • Carlota Perez's Technological Revolutions and Financial Capital is a framework that divides technological paradigm shifts into installation and deployment phases.
  • 10/18/2020

Is the gender pay gap the real reason women invest less than men?

  • In some cases, investment management platforms perpetuate the imbalances that they bemoan. Interactive Investor's latest report reveals its average gender pay gap has grown for three years.
  • 10/17/2020

Fidelity on pace to dominate HSA business - InvestmentNews

  • Since 2016, Fidelity’s market share more than doubled, according to a recent Morningstar report.
  • 10/16/2020

Ekata lance la solution Account Opening API

  • Ekata, leader mondial en vérification des identités numériques, lance la solution Account Opening API, conçue pour agir sur les comptes à haut risque,
  • 10/16/2020

Share of Total Loan Portfolio under COVID-19 Loan Forbearance falls to 2.2% | MarketScreener

  • 10/15/2020

Millions of Jobs Have Been Lost, but Hiring Is Booming at These Companies

  • The home-mortgage market, cloud-computing, and customer service are some of the sectors seeing high demand in a fourth quarter typically dominated by shopping-related seasonal hiring.
  • 10/15/2020

Fidelity Confirms That Bitcoin's Volatility Is Worth It and Recommends Investing 5% of One's Portfolio | BTCMANAGER

  • Fidelity Digital Assets shared a new report, published on October 13, 2020, stating that Bitcoin has a notably low correlation with other traditional assets like stocks or gold and that Bitcoin’s market cap has plenty of upside opportunities. In line with this, the firm considers investing 5% in BTC in…
  • 10/14/2020

Asset Giant Fidelity Says Bitcoin (BTC) Could Reach $1,300,000,000,000 Trillion Market Cap – Here's How | The Daily Hodl

  • The trillion-dollar asset manager Fidelity is laying out how Bitcoin (BTC) could reach a $1.3 billion market cap. In a new report done in collaboration with top investors and thought leaders in the investment industry, Fidelity argues that Bitcoin's market capitalization could skyrocket if it captures a fraction of the alternative investment market.
  • 10/14/2020

Bitcoin’s Market Cap Could Surpass $1 Trillion, Says Fidelity Report | Crypto Briefing

  • Fidelity expects Bitcoin to become the next big alternative investment asset class.
  • 10/14/2020

Morningstar : Fourth Annual Study of Health Savings Accounts Shows Fidelity's HSA Remains Top Choice For Both HSA Spenders and Investors | MarketScreener

  • 10/14/2020

Here’s why it’s time to start shorting overextended markets, says one research firm

  • To analysts at Longview Economics, a London-based research firm, it's looking like the rally from September lows was overextended, and the upside trend is...
  • 10/14/2020

Why Fidelity’s Big Bitcoin Endorsement is a Huge Deal

  • Financial planning, retirement, and wealth management giant Fidelity Investments Inc. recently recommended Bitcoin as a portfolio percentage.
  • 10/14/2020

Fidelity lo deja claro: la volatilidad de Bitcoin vale el riesgo para las instituciones

  • Fidelity lo deja claro: la volatilidad de Bitcoin vale el riesgo para las instituciones
  • 10/14/2020

Fidelity Investments to hire 4,000 staff in next 6 months

  • 10/13/2020

Fidelity Investments to hire 4,000 people in next six months - BNN Bloomberg

  • Fidelity Investments plans to hire 4,000 people over the next six months as the money manager benefits from this year’s turmoil while some of its rivals struggle.
  • 10/13/2020

Income Lab Idea: 'Free Shares' - Overview Of Brokers For DRIPs

  • Recently, the topic of fund-sponsored DRIPs came up, and the discussion of which brokers offer them and which don't.
  • 10/13/2020

Stimuler le pied marin de nos économies

  • Un cri d’alarme pour les centaines de milliers de travailleurs maritimes bloqués en mer à cause de la pandémie.
  • 10/13/2020

Bitcoin has a ‘dark forest’ of its own, and it has to do with brainwallets

  • Bitcoin has a ‘dark forest’ of its own, and it has to do with brainwallets
  • 10/13/2020

7 Best of the Best Fidelity Funds to Buy

  • These Fidelity funds are some of the best from the issuer's expansive lineup. Here's what investors should know about each.
  • 10/12/2020

G7 will oppose Libra launch until regulations in place

  • G7 will oppose Libra launch until regulations in place
  • 10/12/2020

Will Bitcoin Make A Good Investment? Economic Uncertainty (Cryptocurrency:BTC-USD)

  • In this article, we discuss the Bitcoin as a long-term investment. We discuss the catalysts that can ultimately drive Bitcoin's adoption and subsequent price appreciation.
  • 10/09/2020

Will Bitcoin Make A Good Investment? Institutional Adoption (Cryptocurrency:BTC-USD)

  • In this article, we discuss where we are in the adoption cycle of Bitcoin. A few key phases of adoption and iterations will strengthen Bitcoin's price and prospects as a good long-term investment.
  • 10/09/2020

5 REITs I've Been Buying: Part 1

  • In this article, I discuss why I like the REIT sector in general right now. I also highlight why I don't like other beaten-down sectors, energy, financials, and utilities.
  • 10/08/2020

Flotation Reagents Market Advanced Technologies, Massive Developments and Product Innovation | BASF SE, Huntsman International LLC

  • Oct 08, 2020 (WiredRelease via Comtex) -- MarketResearch.Biz has posted a newly modern statistical statistics, titled as Flotation Reagents Market. It is a...
  • 10/08/2020

Leak Test Equipment Market Demand, Thoughtful data, Regional Trends and Future Prospect | Uson, L.P.

  • Oct 08, 2020 (WiredRelease via Comtex) -- MarketResearch.Biz has posted a newly modern statistical statistics, titled as Leak Test Equipment Market. It is a...
  • 10/08/2020

Cooking Hood Market Scope, Growth, Trends, Threat and Demand | Whirlpool Corporation., Samsung Electronics Co Ltd

  • Oct 08, 2020 (WiredRelease via Comtex) -- MarketResearch.Biz has posted a newly modern statistical statistics, titled as Cooking Hood Market. It is a...
  • 10/08/2020

Blood Irradiator Market Threats, Size, Competitive Analysis, Drivers and Opportunities | Best Theratronics Ltd, Gamma-Service Medical GmbH

  • Oct 08, 2020 (WiredRelease via Comtex) -- MarketResearch.Biz has posted a newly modern statistical statistics, titled as Blood Irradiator Market. It is a...
  • 10/08/2020

Governance Risk and Compliance Platform Market 2020 Industry Size, Share, Growth Factors, Top Leaders, Development Strategy, Future Trends, Historical Analysis, Competitive Landscape and Regional Forecast 2025 | COVID-19 Impact on Industry

  • Oct 07, 2020 (The Expresswire) -- Global "Governance Risk and Compliance Platform Market" 2020 exploration gives a blueprint of the business with requests,...
  • 10/07/2020

What Did This CEO Just Do with Personal Shares of Fidelity National Financial (NYSE: FNF)? - Markets

  • Yesterday, the CEO of Fidelity National Financial (FNF – Research Report), Raymond Quirk, sold shares of FNF for $1.61M. Following
  • 10/07/2020

Transcript: Fed Chairman Jerome Powell on Covid-19 and the Economy

  • Federal Reserve Chairman Jerome Powell discusses government and central bank responses to the coronavirus crisis, the outlook for the economy, and the state of financial conditions.
  • 10/06/2020

The solution to the retirement crisis is still in its infancy

  • With ‘baby bonds,’ money that compounds over decades would supplement Social Security and 401(k) plans
  • 10/06/2020

Fidelity International acquires low-cost platform

  • Firm's Fundsnetwork already powers the investment service #acquisition #cavendishassetmanagement #d2c
  • 10/06/2020

Blockchain, Crypto Mining Stocks Attract Big Asset Managers Like Fidelity

  • Several blockchain companies have started attracting asset managers and financial institutions like Fidelity and Schwab to invest in them.
  • 10/06/2020

Not all 401(k) investors are as optimistic about their accounts as President Trump

  • The president’s latest tweet about retirement accounts sparked debates
  • 10/05/2020

New Hires to the Holodeck: Fidelity Investments Tries Collaboration Via Virtual Reality

  • As in videogames, VR creates an immersive experience. Corporations are starting to use that to build the work ties lost during the pandemic.
  • 10/05/2020

I Bought Fidus Investment: 12% Yield And 35% Below Book (NASDAQ:FDUS)

  • I recently started a position in FDUS as I believe that there's a good chance for a total return potential of 30% or higher over the next 12 months.
  • 10/04/2020

Cullen/Frost Bankers, Inc. (NYSE:CFR) Shares Sold by Nuveen Asset Management LLC

  • Nuveen Asset Management LLC lessened its stake in Cullen/Frost Bankers, Inc. (NYSE:CFR) by 3.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,552 shares of the bank’s stock after selling 4,986 shares during the period. Nuveen Asset Management LLC owned […]
  • 10/03/2020

Fidelity’s Will Danoff Looks Back on 30 Years at Contrafund

  • The legendary investor offers advice for investors, his thoughts on the market, and why it’s important to stay around young people.
  • 10/02/2020

Striking the Right Balance in Your Investing Portfolio In Strange Times

  • We tap the experts to help make sense of how the markets and the economy are being affected by ultralow interest rates, political upheaval, industry trends, and more
  • 10/02/2020

Fidelity Adds More Than $148 Billion to Workplace Benefits Platform in 2020, Representing Record Sales | | IT Business Net

  • More than 1,200 Organizations Join Fidelity's Platform Across Workplace Savings and Company Stock Plans; 800 Leverage More than One Benefit Program Plan Sponsors Seek Experienced, Trusted Provide
  • 10/02/2020

Retirement Strategy: Exxon Mobil - When Are The Rewards Worth The Risk (NYSE:XOM)

  • I have often decided against a stock because of poor future prospects that could impact my dividend income stream.
  • 10/02/2020

Fidelity Adds More Than $148 Billion to Workplace Benefits Platform in 2020, Representing Record Sales

  • Fidelity has released their 2020 Workplace Sales update, including new sales of $148B and more than 1,200 new 401(k), 403(b) and Stock Plan clients.
  • 10/02/2020

How Garrett Bradley’s Films Reset Our Personal Algorithms

  • With ‘Time,’ a Sundance-winning documentary debuting this month on Amazon Prime, and a major museum show opening, artist and filmmaker Garrett Bradley is gaining recognition for her resonant work.
  • 10/01/2020

Treasury and Risk Management Software Market - Actionable Research on COVID-19 | Focus On Reducing Capital Risk to Boost the Market Growth | Technavio

  • The Global Treasury and Risk Management Software Market will grow by USD 975.62 mn during 2020-2024
  • 10/01/2020

How women can invest in themselves and other women

  • With the rise of socially responsible investing, there’s a new motivating factor for women to invest.
  • 09/30/2020

ERP Software Procurement Industry Market Analysis, Trends, and Forecasts, 2019-2024 by SpendEdge

  • The ERP Software Procurement Industry market size is expected to grow over USD 20 billion at a Compound Annual Growth Rate (CAGR) of 9.0%.
  • 09/30/2020

The Fidelity Magellan ETF Isn’t Peter Lynch’s but It’s Still Interesting

  • Fidelity just filed a prospectus with regulators that it will be launching an ETF version of the $21.7 billion-in-assets Magellan.
  • 09/27/2020

Fidelity Bank restates support for SMEs in Nigeria - Businessday NG

  • Fidelity Bank has pledged its continued support for the micro, small and medium enterprise (MSMEs) sector whose activities were disrupted in the heat of the COVID-19 pandemic.
  • 09/27/2020

Retirement Strategy: Not One But Two Gifts For Dividend Investors

  • Two dividend aristocrats are too good to pass up. For the near term it could give you more income.
  • 09/27/2020

Tupperware Brands: Priced For Perfection, Low Quality Earnings (NYSE:TUP)

  • Tupperware Brands shares have gone parabolic in 2020, moving from $1.15 (March 17th) to $27.19 (September 22nd). Tupperware's Q2 FY 2020 E.P.S.
  • 09/25/2020

IPO Market Parties Like It’s 1999

  • Even in the midst of a recession, investors are pouring money into newly public companies at levels on par with the dot-com era. A shift in the economy and low interest rates are helping drive the frenzy of activity.
  • 09/25/2020

Contrarian Money Manager Didn’t Always Bet Against Crowd

  • Bored by his legal career, Yale-educated Leo Dworsky talked his way into a job at Fidelity Investments and made his mark as a contrarian money manager. The trick, he said, was not to be contrary all the time.
  • 09/25/2020

Short-Term Treasury ETFs No Longer Make Investment Sense

  • After a strong run over the last 12 months, these short-term Treasury ETFs are now yielding very close to zero.
  • 09/25/2020

Tech ETF outflows send a wake-up call after sizzling rally

  • Tech ETF outflows send a wake-up call after sizzling rally
  • 09/25/2020

Biotech Taysha Gene Therapies to Make Its Trading Debut

  • The biotech is one of several pharmaceutical and biotech companies going public this week.
  • 09/24/2020

Singapore's resilient savers, and a question over the widening wealth gap

  • A SLEW of recent surveys from financial institutions point out that for those who can save, they have set aside buffers to insulate against financial threats from the health crisis that is Covid-19. But the data may also point to the widening wealth gap wrought by a global pandemic. Read more at The Business Times.
  • 09/24/2020

Amid Educational Upheaval, Many Massachusetts Parents Wonder: Should I Still Plan to Save for College? | | IT Business Net

  • While Less Than One-in-Five Parents Say Children Are Confident About This Fall, 78% of Massachusetts Parents Are Still Saving for College Fidelity® College Savings Indicator Finds Parents on Track to
  • 09/22/2020

Dave & Buster's: Steve Cohen Takes Advantage Of The WSJ-Induced 26% Sell-Off (NASDAQ:PLAY)

  • The WSJ published a provocative and questionable article on Dave & Buster's after the bell on September 16th. This led to a dramatic 26% sell on heavy volume.
  • 09/22/2020

Amid Educational Upheaval, Many Parents Wonder: Should I Still Plan to Save for College? | | IT Business Net

  • While Less Than One-Third of Parents Say Children are Confident about this Fall, 77% of Parents are Still Saving for College Fidelity® College Savings Indicator Finds Parents on Track to Meet Just 33%
  • 09/22/2020

Amid Educational Upheaval, Many Parents Wonder: Should I Still Plan to Save for College?

  • Fidelity Investments’ 2020 College Savings Indicator Study reveals how parents are approaching saving for college, even during a pandemic.
  • 09/22/2020

Most Americans are behind on their retirement savings—here are some tips to catch up

  • CNBC Select spoke with Brandon Renfro, a Texas-based certified financial planner, about ways to boost your savings. If you're behind on savings goals, here are some tips.
  • 09/21/2020

Lifelong learning: 8 ways to show your staff you’re in it for the long run

  • Jobseekers of today are looking for opportunities for lifelong learning and development. How can you meet their needs? Here are some tips.
  • 09/21/2020

At $5 Trillion, the ETF Market Is Showing Signs of Saturation

  • At $5 Trillion, the ETF Market Is Showing Signs of Saturation
  • 09/21/2020

These money and investing tips can keep your stocks and bonds covered in every season

  • These money and investing stories were popular with MarketWatch readers this past week.
  • 09/20/2020

Comparing Fidelity National Financial (NYSE:FNF) and Argo Group International (NYSE:ARGO)

  • Fidelity National Financial (NYSE:FNF) and Argo Group International (NYSE:ARGO) are both finance companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, analyst recommendations, dividends, institutional ownership, earnings, risk and valuation. Insider and Institutional Ownership 79.0% of Fidelity National Financial shares are owned by institutional […]
  • 09/20/2020

Analyzing Argo Group International (NYSE:ARGO) and Fidelity National Financial (NYSE:FNF)

  • Argo Group International (NYSE:ARGO) and Fidelity National Financial (NYSE:FNF) are both finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, risk, dividends, institutional ownership, earnings and profitability. Institutional and Insider Ownership 90.3% of Argo Group International shares are held by institutional […]
  • 09/20/2020

Glenmede Trust Co. NA Has $377,000 Stock Position in Fidelity National Information Servcs Inc (NYSE:FIS)

  • Glenmede Trust Co. NA lowered its position in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 15.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,823 shares of the information technology services provider’s stock after selling 503 shares during the quarter. […]
  • 09/19/2020

Covid Is Making Cash History. How to Profit From the Digital-Payment Future.

  • Consumers were already running away from physical payments. After the pandemic, they may never go back.
  • 09/18/2020

The Easy VIX: Navigating Market Anomalies

  • Recent markets have exhibited patterns never seen before. I’ll explain the odd risk patterns in equity markets as illuminated by VIX futures traders.
  • 09/18/2020

American Fidelity Named One of the Best Workplaces for Women Nationwide

  • Great Place to Work and Fortune have named American Fidelity one of the country’s 2020 Best Workplaces for Women. “We work hard to be a Great Place to Work
  • 09/18/2020

Cullen/Frost Bankers, Inc. (NYSE:CFR) Shares Bought by Advisor Group Holdings Inc.

  • Advisor Group Holdings Inc. increased its stake in Cullen/Frost Bankers, Inc. (NYSE:CFR) by 4.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,045 shares of the bank’s stock after purchasing an additional 1,364 shares during the period. Advisor Group Holdings Inc.’s holdings […]
  • 09/18/2020

Billionaire investor Ray Dalio on capitalism’s crisis: The world is going to change ‘in shocking ways’ in the next five years

  • Veteran hedge-fund manager says capitalists don’t divide the economic pie well, so the system isn’t working effectively for all.
  • 09/17/2020

Here's how much money you should have saved by age 30

  • Planning for retirement starts early. Using analysis by Fidelity, CNBC Select explains what your savings should look like by the time you're 30 so that you get a good head start.
  • 09/17/2020

Fidelity Investments Launches New Multifactor ETF, FLRG | ETF Trends

  • On Thursday, Fidelity Investments, a leading provider of ETFs with more than $585 billion in ETF client assets, announced the launch of the Fidelity U.S. Multifactor ETF (FLRG).
  • 09/17/2020

Bond ETF boom helps JPMorgan overtake Fidelity in €900tn market

  • Figures from Morningstar show JPMorgan has raced ahead of Fidelity for ETF assets, despite both launching businesses in Europe during 2017
  • 09/17/2020

Fidelity Rewards Visa Signature Card 2020 Review

  • For people looking to maximize cash rewards, the Fidelity® Rewards Visa Signature® Card is a great choice. It offers 2% cash back on unlimited spending. Without paying an annual fee, you won’t find a card that earns a better rate on all purchases. Ultimately, this card is ideal for customers looking
  • 09/16/2020

My Foray Into Writing Shorter-Duration Covered Calls

  • From January through May, I was Put into Delta Air Lines, Walgreens Boots Alliance, and Wesco. I started writing monthly or longer Covered Call options to generate income, as two were not paying dividends.
  • 09/16/2020

Fidelity® Now Offers Even More Flexibility to Intermediary Clients Through Updates to Integration Xchange, Its Industry-Leading, Open Architecture Digital Store

  • Integration Xchange, Fidelity’s award-winning digital store, now has integrations with 200+ third-party fintechs, increasing flexibility for firms.
  • 09/16/2020

IPO Could Raise $298 Million for Investment Advisor StepStone

  • The firm is offering 17.5 million shares at $15 to $17 each.
  • 09/15/2020

Stifel Financial Corp Sells 16,753 Shares of Cullen/Frost Bankers, Inc. (NYSE:CFR)

  • Stifel Financial Corp reduced its stake in Cullen/Frost Bankers, Inc. (NYSE:CFR) by 19.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,061 shares of the bank’s stock after selling 16,753 shares during the period. Stifel Financial Corp owned approximately 0.11% of […]
  • 09/15/2020

Fidelity National Financial Inc (NYSE:FNF) Shares Acquired by Bank of America Corp DE

  • Bank of America Corp DE boosted its holdings in shares of Fidelity National Financial Inc (NYSE:FNF) by 44.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,352,518 shares of the financial services provider’s stock after purchasing an additional 721,714 shares […]
  • 09/14/2020

Transcript: Will Danoff - The Big Picture

  • The transcript from this week’s, MiB: Fidelity Contrafund’s Will Danoff, is below. You can stream and download our full conversation, including the podcast extras on iTunes, Spotify, Overcast, Google, Bloomberg, and Stitcher. All of our earlier podcasts on your favorite pod hosts can be found here.   ~~~   VOICEOVER: This is Masters in Business with Barry…Read More
  • 09/13/2020

Are Robinhood Investors Missing Out on Popular Fidelity Stocks? | The Motley Fool

  • These stocks and ETFs are popular on Fidelity right now but don't crack the Top 100 on Robinhood.
  • 09/12/2020

The Most Nimble Advisories Will Thrive in the Post-Covid Era

  • The independent advisory business was speeding through massive changes—in technology, in consolidation, in diversity. Then 2020 accelerated all of them..
  • 09/12/2020

'Sell in May and go away' investors would have lost out in 2020

  • Though global markets took a beating earlier this year, much of the losses suffered have since been reclaimed - and in some countries, notably the US, shares are up.
  • 09/11/2020

Financial planning isn't just for soon-to-be retirees—here's when you should think about hiring one

  • CNBC Select talks to certified financial planner Alicia R. Hudnett Reiss about when it makes sense to seek money advice from a professional.
  • 09/10/2020

7 Best of the Best Fidelity Funds to Buy

  • These Fidelity funds are some of the best from the issuer's expansive lineup. Here's what investors should know about each.
  • 09/10/2020

The Wild West Crypto Show Introduces Novel Educational Crypto Card Game - NetworkNewsWire

  • On episode 124, titled “Learn Mining with Card Game,” the hosts of the “Wild West Crypto Show” continued their straight shooting. Drew Taylor and Brent Bates welcomed their first guest, Scott Siblet, who together with his wife has created a novel educational crypto card game. Called SHAmory, the Bitcoin card game was developed to teach … Continue reading "The Wild West Crypto Show Introduces Novel Educational Crypto Card Game"
  • 09/10/2020

Fidelity Bank plans 50 bln naira bond sale in Q4

  • ABUJA, Sept 8 – Nigeria’s Fidelity Bank FIDELIT.LG plans to issue up to 50 billion naira ($131.3 million) in local bonds by the fourth quarter to refinance existing debt as yields fall,…
  • 09/08/2020

Schwab custodial services, Fidelity models on Orion platform - InvestmentNews

  • Orion is also rolling out new marketing tools and automated proposal systems for its network of advisers.
  • 09/04/2020

En chemin vers une route de la soie plus «verte»

  • Dans l’ère post-COVID-19, la reprise chinoise pourrait être plus écologique grâce au soutien du gouvernement.
  • 09/04/2020

Fidelity tests virtual reality simulators for new employees - InvestmentNews

  • Designed to enhance new employee engagement, users created their own avatars and participated in scavenger hunts to socialize with fellow trainees.
  • 09/02/2020

Is working from home the new normal? - InvestmentNews

  • Six months into the forced work-from-home experiment, traditional office space may be becoming less relevant to financial services firms.
  • 08/31/2020

Keybank National Association OH Has $496,000 Stock Holdings in Fidelity National Information Servcs Inc (NYSE:FIS)

  • Keybank National Association OH trimmed its stake in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 9.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,697 shares of the information technology services provider’s stock after selling 384 shares […]
  • 08/28/2020

Fidelity launches first ever passive fixed income funds

  • Asset manager Fidelity International has launched its first ever index fixed income funds. But what is an index fund and why should you consider them? We ask the experts what they think.
  • 08/28/2020

Fidelity Launches Inaugural Bitcoin Fund for Wealthy Investors

  • Fidelity will begin to offer the Wise Origin Bitcoin Index Fund I through a new business unit called Fidelity Digital Funds.
  • 08/27/2020

Fidelity Planning to Launch New Fund Dedicated to Bitcoin, Files Paperwork With SEC | The Daily Hodl

  • Asset management giant Fidelity is preparing to roll out a new fund dedicated to Bitcoin (BTC), according to public documents released by the U.S. Securities and Exchange Commission (SEC).
  • 08/27/2020

New SEC Filing Shows Fidelity Preparing to Launch Bitcoin Fund | News Bitcoin News

  • The U.S. Securities and Exchange Commission (SEC) has published a new filing for a bitcoin fund, submitted by Fidelity Investments' head of strategy and planning.
  • 08/27/2020

Fidelity offers first Bitcoin fund - InvestmentNews

  • The passively managed fund will be available to qualified purchasers, with the minimum investment set at $100,000, according to the SEC filing.
  • 08/27/2020

New Fidelity Fund Brings Passive Bitcoin Investing to Institutions | Crypto Briefing

  • One of Wall Street's fiercest Bitcoin supporters, Fidelity Investments, is launching an institutional-focused Bitcoin fund.
  • 08/27/2020

Fidelity Launches New Bitcoin Index Fund for Institutional Investors

  • Fidelity aims to foray deep into the crypto market as the company files for a new Bitcoin-only fund for accredited and institutional players.
  • 08/27/2020

Fidelity Files Flagship Bitcoin Fund with SEC - BeInCrypto

  • Fidelity Investments has reportedly filed paperwork with the Securities and Exchange Commission (SEC) for a Bitcoin-related fund.
  • 08/27/2020

Advisory Services Network LLC Has $586,000 Position in Fidelity National Financial Inc (NYSE:FNF)

  • Advisory Services Network LLC cut its holdings in Fidelity National Financial Inc (NYSE:FNF) by 2.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 19,100 shares of the financial services provider’s stock after selling 580 shares during the quarter. Advisory Services Network LLC’s holdings in Fidelity National […]
  • 08/27/2020

Fidelity Files For A New Bitcoin-related Fund

  • Fidelity continues to expand in the cryptocurrency market with a new Bitcoin (BTC) fund. The president of the company has filed documents
  • 08/27/2020

Fidelity launches inaugural Bitcoin fund for wealthy investors

  • The passively-managed, Bitcoin-only fund will be made available to qualified purchasers through family offices, registered investment advisers.
  • 08/27/2020

Fidelity launches inaugural bitcoin fund for wealthy investors - BNN Bloomberg

  • Fidelity Investments is launching its first Bitcoin fund, adding its establishment name and star power to the fledgling and often controversial asset class.
  • 08/26/2020

Investors should be wary of Warren Buffett’s crash warning

  • Leaving the party too early can cost you as much as leaving too late
  • 08/26/2020

American Fidelity Ranks in Top 50 Insurers

  • American Fidelity Assurance Company was once again named to Ward’s list of 50 top performing life and health insurance companies.
  • 08/26/2020

Fidelity'den Bitcoin Fonu Hamlesi: Adım Adım Zirveye - BeInCrypto

  • Lider kripto para birimi Bitcoin, dün sert bir düşüş yaşadı. Bir ara 11 bin 100 dolara kadar gerileyen fiyat sonrasında bugün, ufak bir toparlanma...
  • 08/26/2020

Under CARES Act, tax-sheltered HSAs are even more useful now—how to make the most of them

  • An HSA is a triple tax-sheltered account to pay for certain medical expenses if you have a high-deductible health plan.
  • 08/26/2020

Anti-Money Laundering Software Market Analysis Highlights Impact of COVID-19 (2020-2024) | Need for Risk Management to boost Market Growth | Technavio

  • The Global Anti-Money Laundering Software Market will grow by USD 1.18 bn during 2020-2024
  • 08/26/2020

Asset Giant Fidelity Analyzes Model That Forecasts Bitcoin Rise to $1,000,000 | The Daily Hodl

  • The trillion-dollar asset manager Fidelity is scrutinizing a popular and controversial Bitcoin price model. In a recent report, the digital asset manager highlights the fact that scarcity significantly impacts the chances of a commodity to become a store of value asset.
  • 08/25/2020

Should you still save for college during the Covid-19 pandemic?

  • A survey by Fidelity Investments finds most parents with children age 18 and under are staying the course with their college savings plans, including use of tax-advantaged state 529 plans. Some financial advisors agree 529 plans remain among the best choices for college savings although there are other options.
  • 08/25/2020

Fidelity National Financial Inc (NYSE:FNF) Shares Sold by HighTower Advisors LLC

  • HighTower Advisors LLC lowered its position in Fidelity National Financial Inc (NYSE:FNF) by 3.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 126,203 shares of the financial services provider’s stock after selling 4,612 shares during the quarter. HighTower Advisors LLC’s holdings in Fidelity National […]
  • 08/25/2020

Fidelity National Financial Inc (NYSE:FNF) Shares Sold by State Board of Administration of Florida Retirement System

  • State Board of Administration of Florida Retirement System cut its holdings in Fidelity National Financial Inc (NYSE:FNF) by 3.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 382,199 shares of the financial services provider’s stock after selling 12,180 shares during the period. State Board of Administration […]
  • 08/25/2020

Gen Z, Millennial Investors Embrace Risk Amid Covid

  • More than half of younger adult investors say their risk tolerance has increased amid the Covid-19 crisis, according to a recent E*Trade study.
  • 08/24/2020

D.A. Davidson & CO. Has $2.19 Million Stock Holdings in Fidelity National Information Servcs Inc (NYSE:FIS)

  • D.A. Davidson & CO. raised its position in Fidelity National Information Servcs Inc (NYSE:FIS) by 439.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,310 shares of the information technology services provider’s stock after buying an additional 13,288 shares during […]
  • 08/24/2020

Money Funds Waive Charges to Keep Yields From Falling Below Zero

  • Many investment firms are waiving charges on money funds to keep the yields that investors earn from dropping below zero—the latest sign of how a $5 trillion piece of the financial system is bracing for new pressure as interest rates plummet.
  • 08/24/2020

Fidelity National Financial Inc (NYSE:FNF) Shares Purchased by Rafferty Asset Management LLC

  • Rafferty Asset Management LLC lifted its position in Fidelity National Financial Inc (NYSE:FNF) by 504.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 56,757 shares of the financial services provider’s stock after acquiring an additional 47,360 shares during the period. Rafferty Asset Management LLC’s holdings in Fidelity National Financial were worth $1,740,000 as […]
  • 08/23/2020

Rafferty Asset Management LLC Buys 28,209 Shares of Cullen/Frost Bankers, Inc. (NYSE:CFR)

  • Rafferty Asset Management LLC increased its stake in shares of Cullen/Frost Bankers, Inc. (NYSE:CFR) by 761.0% in the second quarter, Holdings Channel.com reports. The fund owned 31,916 shares of the bank’s stock after purchasing an additional 28,209 shares during the period. Rafferty Asset Management LLC’s holdings in Cullen/Frost Bankers were worth $2,384,000 at the end […]
  • 08/23/2020

Donor-advised funds step up giving to Bay Area food banks

  • Often criticized as warehouses for charitable dollars, donor-advised funds have distributed more money in response to the coronavirus pandemic.
  • 08/22/2020

So what should you do with your child trust windfall?

  • We look at the various options available to those who have just or are about to turn 18
  • 08/22/2020

Robinhood Gets the Headlines, but Fidelity Had an Enormous Quarter Too

  • Millions of new investors have signed up for stock-trading accounts this year, inspired by the downtime during the Covid-19 crisis and the volatility in the market.
  • 08/21/2020

This 3-question checklist will help you determine when you're ready to invest your money

  • CNBC Select spoke with a handful of certified financial planners about their advice for putting your cash in a high-yield savings account versus the stock market.
  • 08/21/2020

E-brokers defy odds by recording record trading revenue while dropping commissions to zero

  • Slashing trading commissions, offering fractional trades and record market volatility, are helping incumbent brokers ride the boom in retail investing.
  • 08/20/2020

The Dow could fall further behind the other major stock benchmarks after Apple splits its stock

  • Apple's 4-for-1 split, which takes effect on Aug. 31, would drop its price to about $117 and boot its Dow ranking all the way down to 16th or 17th as the weighting plunges to just 3.1%.
  • 08/20/2020

Your risk tolerance could hamstring your investing goals. Here's how to change that

  • If you equate investing with gambling, you may unwittingly cut into your money's ability to keep pace with inflation.
  • 08/18/2020

How Apple's battle with Epic Games could affect hundreds of other games beyond Fortnite

  • Dragging another major Epic product into the dispute is a major escalation on Apple's part, and could affect companies that have nothing to do with Fortnite but use Epic's tools to make their games and apps.
  • 08/17/2020

2 Option Strategies To Profit Or Generate Income In A Down Market

  • Investors would enhance their long-term ROI if they could generate income during a down market. Unlike the past, there are many non-option means of profiting from down markets some investors might not wish to employ.
  • 08/17/2020

Aegon replaces Hargreaves as largest fund supermarket in UK

  • The figures reported by Fundscape Platform also showed that assets jumped up by 14% in the second quarter
  • 08/13/2020

Fidelity launches digital fixed-income trading tool for advisers - InvestmentNews

  • The tool, Bond Beacon, integrates existing technology for advisers to manage pre-trade, at-trade and post-trade fixed income holdings via one interface
  • 08/13/2020

Did Hedge Funds Make The Right Call On Bank of Hawaii Corporation (BOH) ?

  • We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]
  • 08/12/2020

William Penn Bancorp, Inc. Announces Quarter and Year End Results and Appointments of Executive Officers | | IT Business Net

  • BRISTOL, PA / ACCESSWIRE / August 11, 2020 / William Penn Bancorp, Inc. ("William Penn" or the "Company") (OTC PINK:WMPN), the parent company of William Penn Bank (the "Bank&q
  • 08/12/2020

Tesla Is Splitting Its Stock. Here’s What That Means

  • Tesla bears will—very likely—finally see shares of the EV giant drop below $300. The problem is it will be the result of a five-for-one stock split. Stock splits aren’t supposed to matter fundamentally, but investors should be ready for more volatility in the aftermath of the move.
  • 08/11/2020

IPO Update: Harmony Biosciences Seeks $100 Million IPO (Pending:HRMY)

  • Harmony Biosciences intends to raise $100 million in an IPO. The firm is developing and commercializing treatments for narcolepsy and related conditions.
  • 08/11/2020

Atlantic American Corporation Reports Second Quarter Results for 2020

  • ATLANTA, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended June 30, 2020 of $6.5 million, or $0.30 per diluted share, as compared to net loss of $4.4 million, or $0.22 per diluted share, for the comparable period in 2019.  For the six month period ended June 30, 2020, the Company reported net loss of $1.6 million, or $0.09 per diluted share, as compared to net loss of $0.3 million, or $0.02 per diluted share, for the comparable period in 2019.  The increase in net income during the second quarter of 2020 was primarily due to a $7.3 million decrease in total benefits and expenses coupled with an increase in unrealized gains on equity securities of $6.7 million for the second quarter of 2020 as compared to the second quarter of 2019.  The net loss for the six month period ended June 30, 2020 was primarily due to $7.1 million of net unrealized losses on equity securities during the six month period ended June 30, 2020 as compared to $1.2 million of unrealized gains on equity securities during the comparable period in 2019.  Changes in unrealized gains and losses on equity securities for the applicable periods are primarily the result of fluctuations in the market values of the Company’s equity investments. Excluding the effects of realized or unrealized gains or losses and taxes, operating income (as defined below) increased $7.8 million in the three month period ended June 30, 2020 from the three month period ended June 30, 2019.  For the six month period ended June 30, 2020, operating income increased $8.4 million over the comparable period in 2019.  The increase in operating income was primarily due to favorable loss experience in the Company’s life and health operations, resulting from a significant decrease in the number of incurred claims within the Medicare supplement line of business.  This decrease in the number of incurred claims was primarily attributable to the Company’s individual policy holders being subject to varying degrees of shelter in place orders instituted throughout the United States during the second quarter of 2020 as a result of COVID-19.Commenting on the results, Hilton H. Howell, Jr., chairman, president and chief executive officer, stated, “I am delighted with the performance of each of our operating segments and proud to report the return to operating income for the year.  Our BankersWorksite® division is on track for a record year of new sales which will further promote our diversification efforts.  Additionally, our property and casualty operations continue to perform well and had one of the best quarters on record. Our Company remains strong and firmly committed to delivering our superior service to policyholders, employers, and agents in these unprecedented times.”Atlantic American Corporation is an insurance holding company involved through its subsidiary companies in specialty markets of the life, health, and property and casualty insurance industries.  Its principal insurance subsidiaries are American Southern Insurance Company, American Safety Insurance Company, Bankers Fidelity Life Insurance Company and Bankers Fidelity Assurance Company.Note regarding non-GAAP financial measure: Atlantic American Corporation presents its consolidated financial statements in accordance with U.S. generally accepted accounting principles (GAAP).  However, from time to time, the Company may present, in its public statements, press releases and filings with the Securities and Exchange Commission, non-GAAP financial measures such as operating income (loss). Management believes operating income (loss) is a useful metric for investors, potential investors, securities analysts and others because it isolates the “core” operating results of the Company before considering certain items that are either beyond the control of management (such as income tax expense, which is subject to timing, regulatory and rate changes depending on the timing of the associated revenues and expenses) or are not expected to regularly impact the Company’s operating results (such as any realized and unrealized investment gains (losses), which are not a part of the Company’s primary operations and are, to a limited extent, subject to discretion in terms of timing of realization).  The financial data attached includes a reconciliation of operating income (loss) to net income (loss), the most comparable GAAP financial measure.  The Company’s definition of operating income (loss) may differ from similarly titled financial measures used by others.  This non-GAAP financial measure should be considered supplemental to, and not a substitute for, financial information prepared in accordance with GAAP.Note regarding Private Securities Litigation Reform Act: Except for historical information contained herein, this press release contains forward-looking statements that involve a number of risks and uncertainties.  Actual results could differ materially from those indicated by such forward-looking statements due to a number of factors and risks detailed from time to time in statements and reports that Atlantic American Corporation files with the Securities and Exchange Commission.For further information contact:   J. Ross Franklin Hilton H. Howell, Jr. Chief Financial Officer Chairman, President & CEO Atlantic American Corporation Atlantic American Corporation 404-266-5580 404-266-5505 Atlantic American Corporation Financial Data Three Months Ended Six Months Ended  June 30, June 30, (Unaudited; In thousands, except per share data) 2020   2019   2020   2019  Insurance premiums        Life and health$30,675  $30,715  $61,303  $61,691  Property and casualty 15,824   14,754   30,746   28,560  Insurance premiums, net 46,499   45,469   92,049   90,251           Net investment income 1,850   2,313   3,889   4,647  Realized investment gains, net -   610   249   1,995  Unrealized gains (losses) on equity securities, net 1,355   (5,337)  (7,100)  1,152  Other income 33   72   60   100           Total revenue 49,737   43,127   89,147   98,145           Insurance benefits and losses incurred        Life and health 17,055   24,288   41,104   50,552  Property and casualty 10,021   9,863   19,555   18,906  Commissions and underwriting expenses 10,854   11,509   23,480   22,524  Interest expense 414   545   890   1,091  Other expense 3,112   2,511   6,064   5,376           Total benefits and expenses 41,456   48,716   91,093   98,449           Income (loss) before income taxes 8,281   (5,589)  (1,946)  (304) Income tax expense (benefit) 1,749   (1,163)  (391)  (40)          Net income (loss)$ 6,532  $ (4,426) $ (1,555) $ (264)          Earnings (loss) per common share (basic)$ 0.31  $ (0.22) $ (0.09) $ (0.02) Earnings (loss) per common share (diluted)$ 0.30  $ (0.22) $ (0.09) $ (0.02)          Reconciliation of Non-GAAP Financial Measure                 Net income (loss)$6,532  $(4,426) $(1,555) $(264) Income tax expense (benefit) 1,749   (1,163)  (391)  (40) Realized investment gains, net -   (610)  (249)  (1,995) Unrealized (gains) losses on equity securities, net (1,355)  5,337   7,100   (1,152)          Non-GAAP Operating income (loss)$ 6,926  $ (862) $ 4,905  $ (3,451)                June 30, December 31,     Selected Balance Sheet Data 2020   2019               Total cash and investments$283,254  $281,530      Insurance subsidiaries 276,585   274,730      Parent and other 6,669   6,800      Total assets 385,737   377,626      Insurance reserves and policyholder funds 204,711   201,906      Debt 33,738   33,738      Total shareholders' equity 123,894   118,394      Book value per common share 5.79   5.51      Statutory capital and surplus        Life and health 34,735   35,546      Property and casualty 45,927   45,827
  • 08/11/2020

Airbnb plans to confidentially file for IPO this month

  • Airbnb was expected to go public earlier this year, but its plans were delayed due to the coronavirus pandemic.
  • 08/11/2020

Superior Group Looks Like A Winner (NASDAQ:SGC)

  • Superior Group is a winning stock. It's the newest addition to my Quality portfolio.
  • 08/11/2020

Retirement account balances bounce back in Q2 - InvestmentNews

  • The rise reflects the stock market's rebound and investors' continued contributions to their accounts, according to a Fidelity report.
  • 08/11/2020

Yes, you may still be able to retire one day

  • The positive trends for retirement savers during the COVID-19 crisis.
  • 08/11/2020

Fidelity® Q2 2020 Retirement Analysis: Steady Contributions Combined With Market Performance Lead to Double-Digit Rebound Across Retirement Account Balances

  • This is the quarterly analysis of Fidelity’s 401(k), 403(b) and IRA businesses.
  • 08/11/2020

Envestnet Sets Sights on Fractional Shares

  • The dominant turnkey asset management program is trying to make fractional stock shares available to financial advisors.
  • 08/10/2020
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