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YSX Tech Co., Ltd Announces Unaudited Financial Results for the Six Months Ended September 30, 2025
Globenewswire· 2026-02-03 13:00
GUANGZHOU, China, Feb. 03, 2026 (GLOBE NEWSWIRE) -- YSX TECH. CO., LTD (NASDAQ: “YSXT”) (the “Company”), a Cayman Islands exempted company that, through its variable interest entities in China, provides comprehensive business solutions mainly for insurance companies and brokerages in China, today announced its unaudited financial results for the six months ended September 30, 2025. Financial Highlights for the Six Months Ended September 30, 2025 Total revenue increased by 20.2% to approximately $41.0 millio ...
刘宁与中央驻豫财政金融审计统计等单位负责同志座谈交流 紧密务实合作 共同团结奋斗 推动河南财政金融事业高质量发展 王凯出席
He Nan Ri Bao· 2026-02-03 12:59
2月3日上午,省委书记刘宁与中央驻豫财政金融审计统计等单位负责同志座谈交流,听取大家对河南经 济社会发展的意见建议,共同研究做好财政金融支持河南推动高质量发展、高效能治理工作。省长王凯 出席。 刘宁认真听取发言,不时与大家交流工作体会,要求有关部门积极研究吸纳意见建议。他说,刚刚过去 的2025年,是河南发展历程中很不平凡的一年。全省上下牢记嘱托、感恩奋进,深入学习贯彻习近平总 书记在河南考察时重要讲话精神和关于河南工作的重要论述,紧紧围绕"两高四着力"重大要求,推动各 项事业发展取得新成效、开创新局面。这些成绩的取得,根本在于习近平总书记领航掌舵和党中央坚强 领导,在于习近平新时代中国特色社会主义思想科学指引,也饱含着中央驻豫财政金融审计统计等各家 单位的智慧和心血,向大家致以诚挚敬意和衷心感谢。 刘宁强调,"十五五"时期是基本实现社会主义现代化夯实基础、全面发力的关键时期,也是河南发展扬 长补短、全面崛起的关键阶段。希望大家进一步关注河南、深耕河南,聚焦"1+2+4+N"目标任务体系, 紧密务实合作,共同团结奋斗,加大对河南重大战略、重点领域的支持力度,助力河南奋力谱写中原大 地推进中国式现代化新篇章,在 ...
MetLife, Inc. (MET) Balances Analyst Downgrade with Global Growth and Strategic Opportunities
Yahoo Finance· 2026-02-03 12:55
Core Viewpoint - MetLife, Inc. is considered one of the best cheap stocks to buy for 2026, despite a recent downgrade by Evercore ISI, which lowered its rating to "In Line" and cut the price target from $108 to $97 [1][3]. Group 1: Analyst Downgrade and Earnings Estimates - Evercore ISI's downgrade was influenced by concerns over potential downside to consensus forward earnings, indicating a weakening of MetLife's earnings expectations compared to previous market anticipations [3]. - The firm reduced its 2026 earnings estimate for MetLife by approximately 3.5% and noted that its initial 2027 earnings estimate was about 4-5% below consensus expectations [3]. Group 2: Valuation and Risk Factors - Analysts expressed valuation concerns, stating that MetLife's stock appears relatively expensive compared to mid-cap peers, although it remains cheaper than some larger competitors [3]. - Specific concerns were raised regarding low new money spreads on public corporate bonds and MetLife's higher risk commercial mortgage loan portfolio compared to peers, which was described as a "double-edged sword" for the stock [4]. Group 3: Growth Opportunities - Despite the risks, MetLife has demonstrated impressive growth in Asia, which could serve as a positive factor for the company [5]. - Analysts noted that risk transfer deals could act as a potential catalyst for MetLife's stock performance [5]. Group 4: Company Overview - MetLife, Inc. provides a range of services including insurance, annuities, employee benefits, and asset management across the United States and international markets, covering life, dental, disability, property, and casualty insurance, as well as retirement and savings products [6].
Allstate Corporation (ALL) Gains Analyst Confidence as Catastrophe Losses Ease and Earnings Outlook Strengthens
Yahoo Finance· 2026-02-03 12:55
Group 1 - Allstate Corporation (NYSE: ALL) is considered one of the best cheap stocks to buy for 2026, with an upcoming earnings conference call scheduled for February 5, 2026 [1] - BMO Capital analyst Michael Zaremski raised the price target on Allstate to $249 from $244, maintaining an Outperform rating, due to lower estimated reinsurance costs following lighter catastrophe loss levels in the second half of 2025 [4] - Allstate reported estimated pre-tax catastrophe losses for Q4 2025 of $209 million, a significant decrease from $1.99 billion in Q2 2025, indicating a slowdown in severe weather events and natural disasters [5] Group 2 - The updated price target of $249 corresponds to approximately 10.7 times BMO's projected 2026 earnings per share for Allstate, aligning with the company's 17-year average forward price-to-earnings ratio [6] - Mizuho also raised its price target on Allstate to $255 from $254 while maintaining an Outperform rating, following updates to its financial models for the insurance sector [7] - Allstate provides a range of insurance products, including property and casualty insurance, life insurance, and retirement solutions, supported by a broad distribution network [8]
Florida homeowner's insurance jumped to over $14K, so he's gone 'bare' instead. Consider this before dropping coverage
Yahoo Finance· 2026-02-03 12:45
Slake Counts has made a frightening decision. After the price of his homeowners insurance skyrocketed, the Tampa, Florida, resident has chosen not to renew his policy. Now, he’s pondering his options, which include selling his home and leaving the state. Must Read “There may be other options for me at this time in my life that don’t necessitate me continuing to live in Florida or Tampa,” Counts told Tampa Bay 28 in a story published Jan. 19 (1). “I’m not the only one in this boat.” He may be right. Ac ...
Radian completes $1.67bn Inigo deal
Yahoo Finance· 2026-02-03 10:56
Radian Group has finalised its purchase of Inigo, moving the US-listed insurer into international specialty markets with a presence at Lloyd’s of London. The deal, unveiled in September 2025, was largely cash-funded and closed at $1.67bn after adjustments. Inigo’s tangible equity at the end of 2025 was estimated at $1.16bn, indicating a valuation of around 1.4-times that figure. Radian said the acquisition was financed through existing liquidity and surplus capital at its mortgage unit, Radian Guaranty ...
Allstate (ALL) Price Target Lifted on Improving Earnings Visibility
Yahoo Finance· 2026-02-03 10:12
The Allstate Corporation (NYSE:ALL) ranks among the stocks with the lowest forward PE ratios. On January 22, BMO Capital boosted its price target for The Allstate Corporation (NYSE:ALL) to $249 from $244, retaining its Buy rating on the insurance company. The revision increases BMO’s Allstate earnings per share forecast run rate by 2% in 2026/27. Pixabay/Public Domain BMO ascribed the increased target to lower expected reinsurance costs following reduced catastrophe loss rates in the latter half of 2025 ...
UK’s FCA caps Markerstudy growth over governance weaknesses
Yahoo Finance· 2026-02-03 10:06
Core Insights - The UK's Financial Conduct Authority (FCA) has imposed growth restrictions on Markerstudy, halting its acquisition-driven expansion plans due to concerns over governance and internal financial controls [1][2] - The restrictions include caps on customer numbers and capital levels within Markerstudy's UK operations, which will remain until the identified issues are resolved to the FCA's satisfaction [2] Company Overview - Markerstudy has experienced strong growth in recent years and maintains a collaborative dialogue with regulators regarding appropriate growth levels [3] - The company operates under a cap agreed with the FCA, which is considered consistent with its strategy and customer-focused growth ambitions [4] - Markerstudy serves over eight million policyholders across various sectors, including home, car, and pet insurance [6] Financial Performance - In its 2024 financial accounts, Markerstudy reported a post-tax loss of £141.7 million on revenues of £694 million, with a significant portion of the loss attributed to £136 million in interest payments on debts nearing £1.4 billion [6] Impacted Entities - The FCA restrictions affect more than a dozen entities under the Markerstudy umbrella, including Brightside and Atlanta Group, which was acquired for £1.2 billion ($1.6 billion) in 2024 [4][5] - Other impacted businesses include BISL, Hughes Insurance Services, and Insurance Factory [7]
Zurich discloses stake in Beazley after takeover snub
Yahoo Finance· 2026-02-03 09:57
Group 1 - Zurich Insurance Group has acquired a stake of approximately 1.47% in Beazley, amounting to around 8.87 million shares, following Beazley's rejection of Zurich's $10.2 billion takeover bid [1] - Beazley's board rejected the takeover offer, stating it "materially undervalues Beazley and its longer-term prospects as an independent company" [2] - Beazley has kept discussions open with Zurich, providing "certain limited due diligence information in a good faith effort" despite the rejection [2] Group 2 - Zurich is working on establishing its first syndicate at Lloyd's of London, which would allow access to private capital for underwriting within the Lloyd's insurance market [3] - Negotiations between Zurich and Lloyd's are reportedly progressing, with a potential start date for the new syndicate as early as April 2 [4]
BROAD ARROW CELEBRATES SUCCESS OF ITS GLOBAL ICONS: ONLINE AUCTION SERIES
Globenewswire· 2026-02-03 08:30
Core Insights - Broad Arrow Auctions, a Hagerty company, successfully conducted its Global Icons: Online auction series, generating over €18.3 million with 90% of lots sold, attracting nearly 800 bidders from 35 countries [1][11] Auction Highlights - The standout item was the 1992 Benetton B192-05, sold for €5.082 million, marking its first public sale [2][3] - A 2003 Ferrari 360 Challenge Stradale set a European auction record for the model, selling for €561,000, exceeding its upper estimate [3] - Other notable sales included a 1971 Lamborghini Miura P400 S for €1.716 million and a 1986 Lamborghini Countach 5000 QV for €792,000 [5][17] Memorabilia Sales - The memorabilia auction featured items related to Ayrton Senna, with a replica helmet selling for €55,625 and a rear wheel from his 1990 McLaren selling for €33,750 [8][9] Future Events - Following the success of the Global Icons: Online auction series, the company is preparing for The Amelia Auction on March 6-7, 2026, and the next European auction in May at Concorso d'Eleganza Villa d'Este [11]