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Verizon Communications Inc. Message Board

generalstv 7 posts  |  Last Activity: Apr 12, 2016 3:31 PM Member since: Mar 29, 2002
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  • Reply to

    Give me one more shot

    by mook825 Apr 10, 2016 8:18 PM
    generalstv generalstv Apr 12, 2016 3:31 PM Flag

    Some of the selling pressure is potentially coming from Juniper Networks‘ (JNPR) earnings preannouncement late Monday. Thanks these losers , and the idiots that sell all tech stocks because of one preannouncement...

  • Reply to

    Give me one more shot

    by mook825 Apr 10, 2016 8:18 PM
    generalstv generalstv Apr 12, 2016 3:26 PM Flag

    Damm - market God is shorting before the rally ... The market is rigged ,.

  • Reply to

    Another 52 week low

    by miskeen732 Mar 10, 2016 12:20 PM
    generalstv generalstv Mar 10, 2016 2:12 PM Flag

    Just hang on ... For some idiotic reason it was downgraded, plus All stocks are following crude - go figure?

  • generalstv by generalstv Dec 10, 2015 4:35 PM Flag

  • Lost big time - should have sold on the rumor - before the OPEC meeting. Lost my derrière . PEW!

  • generalstv by generalstv Dec 8, 2015 7:44 PM Flag

    As of Tuesday night -- buy - back to 6.75 - price is a buy according to zacks ...

  • Third Quarter Highlights

    -- 72% increase in gross premiums written in Q3 2015 as compared to Q3 2014

    -- 48% increase in net premiums earned in Q3 2015 as compared to Q3 2014

    -- 40% increase in policy count compared to Q3 2014

    -- Net income of $16.8 million for Q3 2015, an increase of 69% as compared to Q3 2014

    -- Combined ratio of 83.8% for the quarter, and 73.2% YTD

    -- Shareholders equity increased 44% compared to Q3 2014

    -- Return on average equity of 32.8% YTD

    -- Announced agreement to acquire Zephyr Insurance Company; completed acquisition of BRC Restoration Specialists

    Bruce Lucas, the Company's Chairman and CEO, said, "We posted another solid quarter as both gross written premiums and net income increased approximately 70 percent in the third quarter versus one year ago. We received licenses in North Carolina and South Carolina, and have applications pending in Massachusetts, Rhode Island, Georgia, Alabama and Mississippi. We also signed a purchase agreement to acquire Zephyr Insurance, which provides us with an immediate presence in Hawaii. During the quarter, our policy assumptions from Citizens Insurance were significantly higher than prior projections and totaled approximately 26,000 policies and $55 million in annualized premium. Our voluntary personal lines production was strong and produced approximately 5,600 policies. Likewise, our commercial residential production once again exceeded our internal expectations, and that trend continued in October and resulted in record production levels for the month. The prospects for our company are exciting as we close out the year and move into 2016. Finally, attractive opportunities in M&A remain and we will look for businesses that are complementary to our core business."

50.685-0.635(-1.24%)3:50 PMEDT