|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||44.79 - 45.33|
|52 Week Range||35.50 - 47.37|
|PE Ratio (TTM)||23.97|
|Forward Dividend & Yield||1.20 (2.66%)|
|1y Target Est||N/A|
Jul.02 -- Mohamad Al Hajj, an equities strategist at the research arm of EFG-Hermes in Dubai, talks about Saudi Arabia's economy, which grew 1.15% in the first quarter from an year earlier, and the nation's stocks. He speaks with Yousef Gamal El-Din and Manus Cranny on "Bloomberg Markets: Middle East."
Houston-based real estate services company Stewart Information Services Corp. (NYSE: STC) has acquired a Brentwood, Tennessee-based title company is it moves closer to completing a much bigger deal.
Moody's Investors Service, ("Moody's") has assigned a Baa2 rating to approximately $450 million of additional 4.5% senior notes due 2028 being issued by Fidelity National Financial, Inc. ("Fidelity National", NYSE: FNF). Net proceeds from the combined notes offering are expected to be used to fund the settlement of the outstanding 4.25% convertible senior notes due 2018, repay borrowings under the revolving credit facility and general corporate purposes.
On a per-share basis, the Houston-based company said it had net income of 95 cents. The title insurance and real estate services company posted revenue of $492.9 million in the period. Stewart Information ...
Stewart Information Services Corporation (NYSE:STC) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. InRead More...
Moody's Investors Service has upgraded the senior debt rating of Fidelity National Financial, Inc. (NYSE: FNF, Fidelity National) to Baa2 from Baa3 and the insurance financial strength (IFS) rating of its principal operating subsidiaries to A2 from A3. The rating action reflects FNF's strong earnings, improved operating efficiencies, and the ability to effectively navigate the highly cyclical title insurance market.
The Houston-based company said it had a loss of 16 cents per share. Losses, adjusted for non-recurring costs, came to 1 cent per share. The title insurance and real estate services company posted revenue ...
The latest earnings announcement Stewart Information Services Corporation’s (NYSE:STC) released in December 2017 indicated that the business gained from a robust tailwind, eventuating to a double-digit earnings growth of 11.92%.Read More...
This could indicate that investors who seek to profit from falling equity prices are not currently targeting STC. Over the last one-month, outflows of investor capital in ETFs holding STC totaled $1.89 billion.
Stewart Information Services, Universal Insurance Holdings, and James River Group Holdings are financial services stocks that generally perform in-line with the economy. These companies provide services ranging from consumer financeRead More...
Moody's Investors Service has affirmed the Baa3 senior debt rating of Fidelity National Financial, Inc. (NYSE: FNF, Fidelity National) and the A3 insurance financial strength (IFS) ratings of its primary ...
Fidelity National's (FNF) pending acquisition of Stewart Information Services is in line with the company's strategy to regulate multiple title insurance brands under one roof.
Houston-based Stewart Information Services Corp. (STC), a real estate services company, will be acquired by Jacksonville, Florida-based Fidelity National Financial Inc. (FNF) in a $1.2 billion deal, the companies announced March 19. “Last year, our board initiated a review of strategic alternatives for the company, and after an extensive process, we determined that capitalizing on the Fidelity platform will best enable us to support the Stewart brand and continue providing the service our customers have come to expect,” Thomas Apel, Stewart’s chairman of the board, said in Stewart's March 19 press release . The deal is expected to close by the first or second quarter of 2019 and includes the assumption of $109 million of Stewart debt, according to Fidelity's press release .
Financial services provider Fidelity National Financial Inc said on Monday it would buy insurer Stewart Information Services Corp in a $1.2 billion deal to strengthen its residential and commercial title insurance business. Fidelity's offer of $50 per share represents a 23 percent premium to Stewart's closing stock price on March 16. Stewart Information's shares were up nearly 15 percent at $46.70 in premarket trading, while those of Fidelity national were up 3.3 percent.
Fidelity National Financial Inc. agreed to buy Stewart Information Services Corp. for $1.2 billion to bolster its position in the title-insurance market.
(Reuters) - Financial services company Fidelity National Financial Inc (FNF.N) said on Monday it would buy insurer Stewart Information Services Corp (STC.N) in a deal valued at $1.2 billion (£852.7 million). ...