|Bid||11.65 x 1300|
|Ask||11.66 x 1200|
|Day's Range||11.62 - 11.69|
|52 Week Range||6.31 - 12.46|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||24.78|
|Forward Dividend & Yield||0.04 (0.33%)|
|Ex-Dividend Date||Nov 21, 2019|
|1y Target Est||N/A|
Fidelity National Financial Inc. announced Friday a deal to buy insurer FGL Holdings in a deal valued at $2.7 billion. FGL's stock rose 1.2% in premarket trading, after soaring 19.4% on Thursday, while Fidelity National's stock was still inactive. Under terms of the deal, Fidelity National will pay $12.50 for each FGL share outstanding, a 2.9% premium to Thursday's closing price of $12.15. Fidelity National expects the deal, which is anticipated to close in the second or third quarter of 2020, to add to increase 2020 earnings by more than 10%, and add more than 20% to 2021 earnings. Fidelity National will issue about 24 million shares to FGL shareholders, which represents about 7% of the shares outstanding. FGL's stock has rallied 60.3% over the past 12 months through Thursday and Fidelity National shares have advanced 41.0%, while the S&P 500 has gained 23.6%.
It's always best to build a diverse portfolio of shares, since any stock business could lag the broader market. Of...
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]
Hedge funds run by legendary names like George Soros and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you’ve got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the […]
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of FGL Holdings and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
If you own shares in FGL Holdings (NYSE:FG) then it's worth thinking about how it contributes to the volatility of...
President and CEO of Fgl Holdings (30-Year Financial, Insider Trades) Christopher O Blunt (insider trades) bought 20,000 shares of FG on 08/23/2019 at an average price of $7.92 a share. Continue reading...
For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any...
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
Lincoln National benefits from its retail franchise, driven by the expansion of its product portfolio in attractive, fast-growing market segments.
Aflac (AFL) benefits from its wide presence in Japan and the United States. The company has a recognized and powerful brand, and diverse and productive distribution network.
World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients' money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […]
** Malaysia will sell a superyacht allegedly bought with stolen funds from state fund 1MDB to casino operator Genting Malaysia Bhd for $126 million, in the first major asset sale by Kuala Lumpur to recover billions lost from the fund. ** Saudi Arabia's AlRajhi Holding Group and Dubai's Al Ghurair have teamed up in a consortium to bid for Saudi Arabian state grain buyer SAGO's flour mills, three sources familiar with the matter told Reuters. ** Deutsche Bank and Commerzbank are divided over the pace of their merger talks, two people with knowledge of the matter said.
U.S. insurer Allstate Corp has entered into exclusive talks to sell a book of insurance policies from an area where it no longer generates new business to smaller peer FGL Holdings, people familiar with the matter said on Wednesday. Spokespeople for Allstate and FGL Holdings declined to comment. The book of business which Allstate is seeking to sell includes a selection of annuity products, as well as structured settlement policies, the sources said.