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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 ...
eHealth, Inc. Announces Fourth Quarter & Fiscal Year 2025 Results
Prnewswire· 2026-02-25 21:15
INDIANAPOLIS, Feb. 25, 2026 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2025. Please click the included PDF link to access the full earnings press release.The earnings press release and earnings presentation can also be accessed on the eHealth Investor Relations website at https://ir.ehealthinsurance.com. Continue Reading View PDF eHealt ...
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].
Will Lemonade Stock Enjoy Another Major Post-Earnings Win?
Schaeffers Investment Research· 2026-02-17 20:11
Health insurance company Lemonade Inc (NYSE:LMND) is gearing up for its fourth-quarter report, due out before the open on Thursday, Feb. 19. Per Zacks Research, analysts anticipate losses of 41 cents per share on revenue of $216 million, a 2.4% and 45.6% improvement, respectively, from the same quarter a year ago. On the charts, Lemonade stock pulled back sharply after its Jan. 22 more than four-year high of $99.90, though the stock appears to have found support at the $60 level and 180-day moving average. ...
3 Money Experts’ Advice on What To Do With Your Tax Refund This Year
Yahoo Finance· 2026-02-15 13:10
Core Insights - The average tax refund is projected to increase from $3,052 in 2024 to $3,800 for the tax year 2025, highlighting the importance of strategic allocation of these funds [1]. Group 1: Emergency Fund - Financial experts recommend using tax refunds to build or enhance an emergency fund, with a suggested initial goal of $1,000, and ideally increasing it to cover three to six months of expenses [3][4]. - Suze Orman advises saving at least eight months of living expenses, especially in light of rising unemployment rates, emphasizing the need for a cash cushion [4]. Group 2: Insurance Premiums - Experts suggest using tax refunds to pay annual insurance premiums upfront, as many insurers offer discounts of 5% to 10% for full payments [5][6]. Group 3: Debt Repayment - Tax refunds can be effectively utilized to pay down existing debts, such as student loans and credit cards, potentially eliminating multiple debts with a single refund [7].
Forced Into Retirement at Age 60? Here's Your Game Plan.
Yahoo Finance· 2026-02-11 08:38
It's not an unusual thing to be forced to retire sooner than planned. But it can also be a very jarring thing. If you're forced into retirement at age 60, you may be in a better situation than if the same happened at, say, age 55. But it's a situation you still have to deal with and adjust to. Here's how. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both ...
Crédit Agricole Assurances : Record high activity driven by all business lines - Net income above €2 billion
Globenewswire· 2026-02-04 07:13
Core Insights - Crédit Agricole Assurances achieved record high total premium income of €52.4 billion in 2025, reflecting a 20.1% increase compared to 2024, driven by strong performance in both domestic and international markets [6][8] - The company reported a net income of €2,030 million, up 7.8% when excluding the impact of an exceptional corporate income tax [6][17] - The launch of a new long-term corporate project, "Façonner Demain," aims to enhance diversification and strengthen the company's European presence, aligning with the ACT 2028 strategy [5][4] Financial Performance - Total premium income reached €52.4 billion, with domestic income at €44.7 billion (+22.1%) and international income at €7.7 billion (+9.6%) [8] - Net inflows were a record €15.9 billion, with significant contributions from both Unit-Linked and General Account products [10] - Life insurance outstandings grew to €373.0 billion, reflecting a 7.4% increase year-on-year, supported by strong net inflows [11] Business Segments - In savings and retirement, premium income was €39.7 billion, up 23.5% year-on-year, with gross inflows totaling €26.0 billion on the General Account and €13.8 billion on Unit-Linked [9] - Property and casualty premiums increased by 12.0% to €6.9 billion, with a portfolio of 17.9 million contracts [13] - Personal protection premiums rose by 8.6% to €5.8 billion, driven by growth in group insurance and individual death and disability products [15] Strategic Initiatives - The company aims to become the leading insurer by focusing on customer interests, enhancing international expansion, and developing innovative prevention solutions [7] - The ambition for 2028 includes achieving a gross operating income growth of over 3% annually and increasing international premium income to over €9 billion [7] - Crédit Agricole Assurances maintains a strong solvency position with a Solvency II ratio estimated at approximately 195% [21]
‘I don’t own a house’: I’m 50 with $2 million and I’m scared about losing my job. Can I retire early?
Yahoo Finance· 2026-01-29 16:12
“Please be kind — I’m actually really scared about the possibility of losing my job.” (Photo subject is a model.) - Getty Images/iStockphoto Dear Quentin, I will turn 50 this year. My company is going through a reorganization and there may be layoffs soon. I have close to $2 million in retirement, investments and savings. I don’t own a house. My monthly expenses are around $6,000, which includes rent. Can I retire at age 50? What about health insurance? Please be kind — I’m actually really scared about t ...
5 Multiline Insurers to Watch Amid Prudent Underwriting and Pricing
ZACKS· 2026-01-28 18:25
Industry Overview - The Zacks Multiline Insurance industry includes companies that provide bundled insurance coverage for various needs, enhancing customer retention and offering lower premium payments compared to individual policies [3] - The industry is characterized by diversified product portfolios, which help lower concentration risk and improve revenue generation [4] Key Trends - Product diversification is aiding multiline insurers in reducing concentration risk and improving retention ratios, with better pricing and prudent underwriting expected to benefit major players like AIG, Prudential, Markel, Principal Financial, and Everest Group [1] - The increasing acceptance of embedded insurance is projected to drive industry growth, with global premiums from embedded insurance expected to exceed $722 billion by 2030 [1] - The transition to green energy and the rise of cyber insurance due to increased AI adoption are identified as growth opportunities [4] Mergers and Acquisitions - The solid capital levels of multiline insurers are anticipated to fuel M&A activities, with a focus on diversifying operations into new business lines and geographies [2][5] - Consolidation is expected to rise in 2025, driven by technology-driven deals, particularly in the insurance technology sector [5] Technological Adoption - The industry is experiencing significant digitalization, utilizing technologies such as blockchain, AI, and advanced analytics to enhance operations and reduce costs [6] - Insurers are focusing on improving data and analytics capabilities to optimize premium calculations and risk management [6] Financial Performance - The Zacks Multiline Insurance industry currently holds a Zacks Industry Rank of 95, placing it in the top 39% of 243 Zacks industries, indicating positive earnings outlook [8][9] - The industry's earnings estimates have been revised upward by 6.7% for the current year, reflecting a positive trend [9] Stock Performance - Over the past year, the Multiline Insurance industry has underperformed compared to the Finance sector and the Zacks S&P 500 composite, with a collective gain of 1.2% [10] - The industry is currently trading at a trailing 12-month price-to-book (P/B) ratio of 2.63X, lower than the S&P 500's 8.66X and the sector's 4.32X [13] Company Highlights - **American International Group (AIG)**: Expected to benefit from strategic business de-risking and acquisitions, with a consensus estimate for 2026 earnings indicating a 10.7% year-over-year increase [19][20] - **Prudential Financial (PRU)**: Positioned for growth through its asset-based businesses and strategic initiatives, with a projected core adjusted operating EPS growth of 5% to 8% through 2027 [23][24] - **Markel Group (MKL)**: Aims to double its insurance operations to achieve $10 billion in annual premiums, targeting a $1 billion annual underwriting profit [26][27] - **Principal Financial Group (PFG)**: Continues to leverage its strong position in retirement and long-term savings, with a consensus estimate for 2026 earnings indicating a 13.4% year-over-year increase [30][31] - **Everest Group (EG)**: Set to benefit from product diversification and international expansion, with a consensus estimate for 2026 earnings indicating a 24.1% year-over-year increase [34][35]
UnitedHealth Group (NYSE:UNH) Faces Significant Downturn Amid Optimistic Price Target
Financial Modeling Prep· 2026-01-28 01:04
Core Viewpoint - UnitedHealth Group (NYSE:UNH) is a leading healthcare company in the U.S., providing a wide range of health benefits and services, and competes with major players like Anthem and Cigna [1] Group 1: Stock Performance - On January 27, 2026, UNH's stock experienced a significant downturn, plummeting by 19.8% to $281.96, marking its worst single-day percentage loss since April [2] - The stock's decline amounted to $70.08, or approximately 19.93%, bringing its price to $281.56, with a trading day low of $280.40 and a high of $299.50 [3] - The trading volume for the day reached 56.14 million shares, indicating heightened investor activity amid the stock's sharp decline [4] Group 2: Market Outlook - Piper Sandler set a price target of $396 for UNH, suggesting a potential price increase of approximately 40.56% from its current trading price of $281.73 [2] - Despite the downturn, UNH's market capitalization remains robust at approximately $255.05 billion, highlighting its significant presence in the healthcare industry [5] - Over the past year, UNH has seen a high of $606.36 and a low of $234.60, showcasing its price fluctuations in the market [4]