|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||18.91 - 19.25|
|52 Week Range||18.86 - 27.69|
|Beta (3Y Monthly)||1.43|
|PE Ratio (TTM)||8.22|
|Earnings Date||Feb 21, 2019|
|Forward Dividend & Yield||1.26 (6.56%)|
|1y Target Est||27.16|
Faced with tariffs on some $250 billion in Chinese exports to the U.S. and threats from Trump of more to come, Chinese officials are now working on plans to extend the targets in the Made in China 2025 strategy by another decade and open sectors up to further foreign participation to try and satisfy U.S. demands, according to people familiar with the discussions. Were China to make fundamental changes to an idea that has been a cornerstone of recent economic policy it would go a long way toward meeting U.S. demands and could help bring an end to the trade war that has consumed the world’s two largest economies and unsettled financial markets.
This is the time of year to indulge yourself with sweet and/or strong wines such as those highly recommended below, listed in ascending price per cl order. Unless otherwise stated, they come in the usual ...
Today we’re going to take a look at the well-established AXA SA (EPA:CS). The company’s stock received a lot of attention from a substantial price movement on the ENXTPA over Read More...
Asia stock bulls couldn’t have asked for a better start to December. The Shanghai Composite Index and Hang Seng Index both soared about 2.6 percent each, and the Topix closed 1.3 percent higher. In fact, the last time the Asian benchmark reached a jump like this was a month ago, on news that the leaders of the world’s two largest economies talked, with Donald Trump saying Xi Jinping wanted to make a deal to end the escalating trade war.
The $15 billion takeover of U.S.-listed XL Group, announced in March, brought Axa more exposure to hurricanes and more debt. After Axa unloads the rest of its shares in Axa Equitable, the U.S. life company it listed this year, it will have a much less volatile capital ratio under European regulations, known as Solvency II. On top of this, Axa said its business units will be able to pay 10% more cash up to the parent company every year.
SA (CS.FR) said Wednesday that it has progressed in simplifying the company’s structure and raised its payout target and 2020 return-on-equity target. As of 2018, AXA’s dividend payout ratio range is 50% to 60%, up from 45% to 55%, the company said ahead of its investor day. “The progress made in transforming the group’s profile, along with our confidence in continued strong operational delivery across all geographies, has led us to review our capital-management policy,” the company said regarding its adjusted payout target.
“The market is trading with more attractive valuations than for most of the post-crisis period,” Chris Iggo, chief investment officer for fixed income at AXA Investment, with 452 billion euros ($512 billion) in assets, wrote in a note on Monday. Investors concerned about a turn in the business cycle have been quick to react to storms surrounding borrowers from General Electric Co. in the U.S. to CMC di Ravenna SC in Italy, putting the whole credit market under scrutiny -- and selling pressure.
Nov 27 (Reuters) - Hubei Biocause Pharmaceutical Co Ltd : * SAYS IT AND PARTNERS SIGN AGREEMENT TO SELL A COMBINED 50 PERCENT STAKE IN AXA TIANPING P&C INSURANCE TO AXA VERSICHERUNGEN AG FOR 4.6 BILLION ...
French Finance Minister Bruno Le Maire will meet retailers and insurers on Monday to assess the economic impact of nationwide protests against rising fuel costs, he said on Sunday. French retailers have warned that prolonged protests could hit the Christmas shopping season and threaten jobs, while President Emmanuel Macron has shown no sign of backing down on taxes introduced last year on diesel and petrol to encourage people to switch to cleaner forms of transport.. The unrest reached new heights in Paris on Saturday, when police clashed violently with thousands of demonstrators on the Champs-Elysees.
“The high-yield outlook generally is quite bleak but it’s largely psychological,” said Tatjana Greil Castro, a portfolio manager at Muzinich & Co Ltd, which manages $33.2 billion of assets. The unpredictable backdrop has been enough for many buyside analysts to call an early market close for the year, which could be problematic for the likes of Stada Arzneimittel AG and Dreams Ltd as they seek to raise new financing in the next window for issuance. “Conservative positioning does occur through turbulent periods, both increasing cash levels in funds such as in preparation for redemptions or building the portfolio with more conservative bonds, such as non-cyclical BB names,” said Clark Nicholls, a senior portfolio manager at AXA Investment Managers, which manages $759 billion of assets.
SHANGHAI/BEIJING, Nov 22 (Reuters) - Chinese asset managers will no longer be allowed to make a name for themselves by exploiting brands such as HSBC, Goldman, Morgan or Fidelity in their newly-launched funds, according to industry guidelines published this week. HSBC, which is among the biggest foreign players in China's financial sector, declined to comment.
The trade war is now making Chinese borrowers all the rarer in America. When Industrial & Commercial Bank of China Ltd., China’s biggest bank, canceled an offering of dollar bonds in the U.S. market last week, it showcased how much more difficult conditions now are for the country’s issuers. “The trade-war overhang is clearly becoming a further challenge for Chinese issuers in building up the trust and confidence of the U.S. investor base,” said Jim Veneau, the Hong Kong-based Asia head of fixed income at AXA Investment Managers Asia Ltd.
A global standards body has proposed a one-year delay to implementing its new accounting rule aimed at increasing visibility in how insurers earn money, after the industry said it needed more time to prepare for such a sweeping change. A spokeswoman for the International Accounting Standards Board (IASB) said that at a meeting on Wednesday the IASB backed a 12-month delay to January 2022. The insurance industry had called for introduction of the rule to be delayed until 2023.
LONDON (Reuters) - AXA Investment Managers will acquire a U.S. debt investment team and a $9.4 billion portfolio of U.S. commercial mortgage loans from Quadrant Real Estate Advisors, AXA said on Wednesday. ...
AXA Investment Managers will acquire a U.S. debt investment team and a $9.4 billion portfolio of U.S. commercial mortgage loans from Quadrant Real Estate Advisors, AXA said on Wednesday. AXA IM, owned by AXA Group, will hire 24 people from Quadrant including five of its founding partners, as part of a plan to expand its business in the United States.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Over the past 10 years AXA SA (EPA:CS) has been paying dividends to shareholders. The stock currently pays out a dividend yield of 5.7%, and has a market cap of Read More...
Unlike 401(k)s, retirement plans for public-school teachers are generally exempt from the Employee Retirement Income Security Act. Another important difference is that retirement plan providers sell 401(k)s to employers, but they sell 403(b)s directly to teachers. Also, 401(k) participants are responsible for choosing among a plan’s limited range of investment options, which is challenge enough for many workers.
UK life insurance entrepreneur Clive Cowdery, who pioneered the practice of buying up closed books in Britain and the U.S., has launched a new company as more assets come up for sale and hopes to close a $2 billion deal by the end of the year. Insurers in many developed markets are saddled with large portfolios of old life insurance policies that crimp their growth as regulators demand capital is held against them, preventing the capital being used more efficiently. Cowdery's dealmaking vehicle Resolution Plc and its various entities have bought around $20 billion of the $50 billion of assets sold by insurers to date, Cowdery said, more than any other single buyer.