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Raymond James Cuts Brown and Brown (BRO) Target by $8
Yahoo Finance· 2026-02-28 12:32
Group 1 - Raymond James has lowered the price target for Brown & Brown, Inc. (BRO) from $90 to $82 while maintaining an Outperform rating [1] - The decline in insurance brokers and insurance-technology equities is approximately 22% year-to-date due to rising investor concerns regarding AI-driven displacement [1] - Despite market volatility, credit spreads and management guidance remain stable, indicating fundamental business health [1] Group 2 - Brown & Brown, Inc. has acquired the assets of American Adventure Insurance through its division, Brown & Brown Dealer Services (BBDS) [2] - The acquisition aims to enhance BBDS's specialized F&I and dealership insurance solutions [2] - Brown & Brown, Inc. is one of the world's largest insurance brokerages, founded in 1939 and headquartered in Florida [2]
TIAN RUIXIANG Holdings Ltd. Announces Expected Effective Date for Previously Announced 1-for-50 Reverse Stock Split
Globenewswire· 2026-02-27 14:00
BEIJING, Feb. 27, 2026 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd. (Nasdaq: TIRX) (the “Company”) today announced an update regarding its previously announced 1-for-50 reverse stock split (the “Reverse Split”) of its ordinary shares. As previously announced on February 18, 2026, following the results of the Company's annual general meeting of shareholders held on February 17, 2026, the Company’s Board of Directors approved the implementation of the Reverse Split. The Company now expects the Reverse Spli ...
BRP Group, Inc.(BWIN) - 2025 Q4 - Earnings Call Transcript
2026-02-26 23:02
Baldwin Insurance Group (NasdaqGS:BWIN) Q4 2025 Earnings call February 26, 2026 05:00 PM ET Company ParticipantsAndrew Kligerman - Managing DirectorBonnie Bishop - Executive Director of Investor RelationsBrad Hale - CFOElyse Greenspan - Managing DirectorGregory Peters - Managing DirectorJosh Shanker - Managing DirectorPablo Singzon - Executive DirectorTommy McJoynt - DirectorTrevor Baldwin - CEOConference Call ParticipantsCharlie Lederer - Research AnalystOperatorGreetings, and welcome to the Baldwin Group' ...
BRP Group, Inc.(BWIN) - 2025 Q4 - Earnings Call Transcript
2026-02-26 23:00
Baldwin Insurance Group (NasdaqGS:BWIN) Q4 2025 Earnings call February 26, 2026 05:00 PM ET Speaker7Greetings, and welcome to the Baldwin Group's fourth quarter 2025 earnings call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance, please press star 0 on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce Bonnie Bishop, Executive Dire ...
Arthur J. Gallagher & Co. Acquires German Broker Krose GmbH & Co.
Insurance Journal· 2026-02-26 12:12
Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance broker, announced the acquisition of Bremen, Germany-based Krose GmbH & Co KG (Krose).Terms of the transaction were not disclosed. Founded in 1920, Krose provides commercial insurance and reinsurance solutions for corporate clients across Germany and specializes in the design and placement of complex programs.Krose’s team of risk professionals across property, casualty, cyber, marine, D&O and alternative risk solutions will become part ...
Why Marsh (MRSH) is a Top Growth Stock for the Long-Term
ZACKS· 2026-02-20 15:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed alongside ...
5 Signs Of The Coming Correction
Seeking Alpha· 2026-02-18 17:40
Group 1 - The biotech sector is experiencing increased discussions around specific covered call trades, indicating a focus on investment strategies within this industry [1] - Equity trading has become volatile in February following a strong performance in January, with concerns about AI advancements impacting sectors like SaaS and insurance [2] - The Biotech Forum, led by an experienced market analyst, offers a model portfolio of 12-20 high upside biotech stocks, along with live discussions and weekly updates [2] Group 2 - The analyst has disclosed a long position in shares of DVN and XLE, indicating a personal investment interest in these companies [3] - Seeking Alpha emphasizes that past performance does not guarantee future results, highlighting the inherent uncertainties in investment outcomes [4]
TIAN RUIXIANG Holdings Ltd. Announces Results of Annual General Meeting and Approval of 1-for-50 Reverse Share Split
Globenewswire· 2026-02-18 17:00
Core Viewpoint - TIAN RUIXIANG Holdings Ltd. has announced significant corporate actions following its annual general meeting, including an increase in authorized share capital and the implementation of a reverse share split [1][2]. Group 1: Shareholder Approvals - The shareholders approved an increase in the Company's authorized share capital to US$3,750,000,000 [1]. - The Board of Directors was granted authority to effect a reverse share split at a ratio between 1-for-2 and 1-for-5,000 [1]. Group 2: Reverse Share Split Implementation - The Board of Directors has approved a reverse share split at a ratio of 1-for-50 [2]. - Upon the effectiveness of the reverse split, every fifty existing Class A and Class B ordinary shares will be combined into one ordinary share, with fractional shares rounded up to the next whole share [3]. - Further details regarding the effective date and new CUSIP number will be disclosed in a subsequent announcement [3]. Group 3: Company Overview - TIAN RUIXIANG Holdings Ltd. is an insurance broker based in Beijing, China, operating through a variable interest entity [4]. - The company distributes a wide range of insurance products, categorized into property and casualty insurance and other types of insurance, including health and life insurance [4].
Software stock bulls are still making a lethal assumption
Yahoo Finance· 2026-02-17 13:57
Core Viewpoint - The software industry, particularly companies like Workday and Salesforce, is facing significant challenges due to advancements in AI, which are impacting stock prices and future earnings estimates [1][3]. Group 1: Stock Performance and Earnings Estimates - Software stocks, as represented by the iShares Expanded Tech-Software Sector ETF (IGV), have declined by 24% over the past three months, yet two-year forward earnings estimates for these stocks have increased by 5% [3]. - Despite the decline in stock prices, Wall Street analysts have been slow to adjust their earnings estimates for software companies, which raises concerns about the accuracy of these projections [2][4]. Group 2: Market Sentiment and Analyst Perspectives - Analysts on Wall Street are typically optimistic, but the current situation with software stocks is seen as bordering on nonsensical, given the stark contrast between falling stock prices and rising earnings estimates [3]. - Tim Urbanowicz from Innovator Capital Management highlighted that software companies have seen a significant sell-off, with price-to-earnings (PE) multiples dropping from around 35 to below 20, indicating a major market shift due to AI disruption [5]. Group 3: Future Implications - The ongoing decline in software stock prices suggests a potential negative outlook for the industry as AI continues to evolve and disrupt traditional business models [4]. - Urbanowicz warned that the market may not recover as optimistically as some investors hope, indicating a need for caution and preparedness for further disruptions across various industries [6].
Ardonagh buys majority stake in Hong Kong broker RMIB
Yahoo Finance· 2026-02-17 09:04
Core Viewpoint - The Ardonagh Group has acquired a majority interest in Risk Management Insurance Brokerage (RMIB), a Hong Kong-based company, to enhance its presence and service offerings in the Asian market [1][2]. Group 1: Acquisition Details - The exact size of the stake and financial details of the acquisition were not disclosed [1]. - RMIB, established in 1996, specializes in advising clients on employee benefits, property and casualty (P&C), transport risks, and selected international programs [1]. Group 2: Strategic Intent - Ardonagh's chief commercial officer, Des O'Connor, emphasized the opportunity in Asia and the demand for local, independent broking services, highlighting RMIB as a trusted and respected partner [2]. - The acquisition aims to expand Ardonagh's range of services in employee benefits and specialist risk advisory within the region [3]. Group 3: Management and Collaboration - RMIB will continue to be directed by Bie Tong and Danny Yao, who will oversee the company and collaborate with Ardonagh on business development and insurer relationships [3]. - The addition of RMIB strengthens Ardonagh's existing portfolio in Hong Kong, which includes other investments such as PSC HK and Charter Gilman Insurance Brokers [3][4]. Group 4: Market Position - Bie and Danny are well-regarded in the Hong Kong insurance market, and their addition is expected to create meaningful opportunities for collaboration and growth within the Ardonagh Group [5].