StockCall.com Provides Stock Research on American Intl. Group Inc., Hartford Financial Services Group Inc., The Chubb Corp., and Loews Corp.
New York City, New York -- (June 14, 2013)
The property & casualty industry in the U.S. saw a sharp rise in catastrophe losses last year in the wake of super-storm Sandy. The rising losses struck the industry at a time when it was already grappling with an uncertain economic environment. In addition, low interest rates created further challenges for the industry. However, the outlook for property & casualty industry has certainly improved since the start of 2013 as the U.S. economy has continued to show signs of recovery. On Thursday, June 13, 2013, shares in property & casualty insurance companies ended mostly higher, tracking gains in the broader market, which rallied despite ongoing concerns over the Federal Reserve’s bond buying program. The major movers yesterday included American International Group Inc. (NYSE: AIG), Hartford Financial Services Group Inc. (NYSE: HIG), The Chubb Corporation (NYSE: CB), and Loews Corporation (NYSE: L). StockCall has posted free technical research reports on AIG, HIG, CB, and L and these can be accessed by signing up at
Shares in American International Group Inc. rose sharply yesterday, reversing almost all of their losses from previous two sessions. The company’s shares ended the day 2.87% higher at $45.94 after trading between $44.23 and $45.97. Volume was at 15.26 million shares which is below the daily average volume of 17.31 million. Shares of the company are now down just 0.02% in the last three sessions. So far this year, the stock has grown over 30.10%, thus outperforming the S&P 500. Download the free report on AIG upon registration at
www.StockCall.com/AIG061413.pdf
Hartford Financial Services Group Inc.’s stock was one of the best performers in the financial sector on Thursday. The company’s shares traded between $29.05 and $30.06 before finishing the day 2.11% higher at $30.05 on volume of 4.43 million shares which is below its daily average volume of 5.36 million. However, despite the gains registered in its most recent session, shares of HIG are down by over 2.20% in the last three sessions. So far this year, the stock has grown nearly 35% to trade 4.69% below its 52-week high. HIG technical report can be accessed for free by signing up at
www.StockCall.com/HIG061413.pdf
Shares in The Chubb Corporation moved higher on Thursday, ending the day at $87.11, or up 1.48%, after trading between $85.49 and $87.23. A total of 980,028 shares were traded, which is slightly below the daily average volume of 1.01 million. The company’s shares are currently trading below their 50-day moving average, and the stock is moving 3.89% below its 52-week high. So far this year, shares of CB have grown by over 16.20%. The free report on CB can be downloaded by signing up now at
www.StockCall.com/CB061413.pdf
Loews Corporation’s stock also moved higher yesterday, closing at $44.99, up 1.26% from its previous closing price. A total of 900,902 shares were traded which is slightly below the daily average volume of 907,942. However, despite the gains on Thursday, shares of this property & casualty insurance company have fallen nearly 0.80% in the last three sessions. L’s shares are currently trading above their 50- and 200-day moving averages. So far this year, the stock has gained over 10.70%, and yet it is underperforming the S&P 500. Free report on L can be accessed by registering at
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