During Friday’s Current trade, Shares of Chubb Corp (NYSE:CB), gain 0.45% to $123.35.
The Chubb Corporation (CB) stated that net income in the second quarter of 2015 was $494 million contrast to $499 million in the second quarter of 2014. Net income per share raised 5% to $2.14 from $2.03.
Operating income, which the company defines as net income not taking into account after-tax realized investment gains and losses, was $481 million in the second quarter of 2015 contrast to $418 million in the second quarter of 2014. Operating income per share raised 22% to $2.08 from $1.70.
The impact of catastrophes in the second quarter was $148 million before tax ($0.42 per share after-tax) in 2015 contrast to $146 million before tax ($0.39 per share after-tax) in 2014.
The Chubb Corporation, through its auxiliaries, provides property and casualty insurance to businesses and individuals. It offers personal insurance products for homes, valuable articles, homeowners, automobiles, and yachts; and personal liability, and personal accident and supplemental health insurance products.
Shares of Freescale Semiconductor Ltd (NYSE:FSL), declined -0.05% to $38.26, during its current trading session.
Freescale Semiconductor Ltd (FSL) will host the Freescale Technology Forum (FTF) Americas 2015 – one of the premier technical training events for the embedded design community – June 22-25 at the new JW Marriot in downtown Austin. Registration is now open and early bird pricing ends June 5.
Event Highlights:
- Steve Wozniak, innovator, co-founder of Apple® Computer and industry influencer. Wozniak will share his candid views on recently technical innovation, in addition to the creativity needed for tomorrow’s connected devices.
- Freescale president and CEO, Gregg Lowe is planned to reveal how Freescale is driving the Internet of Tomorrow (IoT) — a future IoT where secure solutions exist across every touch point, from the end node to the network to the cloud. Lowe will share the stage with customers and partners demonstrating innovation, moving the industry from defining IoT strategies to securing IoT implementation.
For ten years, the Freescale Technology Forum (FTF) has driven innovation and partnership by featuring one of the most comprehensive embedded ecosystems in the industry. FTF provides the training and expertise customers need to create and enable the secure, embedded solutions needed for the internet of things—recently and tomorrow. FTF features four days of in-depth training, hands-on workshops, demonstrations from Freescale and ecosystem partners and exceptional opportunities to collaborate with industry peers and visionaries. The forum has been enthusiastically received by the global developer community, drawing nearly 70,000 attendees worldwide since its inception in 2005. FTF takes place June 22-25, 2015, in Austin, Texas.
Freescale Semiconductor, Ltd. provides embedded processors worldwide. The company’s products comprise microcontrollers, ranging from 8-bit products to higher performance 16-bit and 32-bit products with on-board flash memory, which provide the digital logic or intelligence for electronic applications and controlling electronic equipment or analyzing sensor inputs; single-and multi-core microprocessors; and applications processors with embedded memory, and special purpose hardware and software for multimedia applications.
Norfolk Southern Corp. (NYSE:NSC), during its Friday’s current trading session gained 0.53% to $83.92.
Norfolk Southern (NSC) in a ceremony at Washington, D.C.’s Union Station unveiled its latest commemorative locomotive, vibrant SD60E honoring emergency first responders. The locomotive – with insignia recognizing police, fire, and emergency services – will enter general revenue service on Norfolk Southern’s 22-state network.
he red, white, and gold locomotive – its paint scheme designed by NS’ Visual Communications team and painted at the company’s Juniata Locomotive Shop in Altoona, Pa. – features the Maltese Cross of fire services, the Emergency Medical Services’ “Star of Life,” and the Police shield. It also features the logo for Transportation Community Awareness and Emergency Response (TRANSCAER), a national outreach organization dedicated to providing education and resources to assist raise the level of emergency preparedness for the unlikely event of a rail incident. The locomotive sports “9-1-1,” the phone number to request emergency assistance, in addition to the Norfolk Southern OAR shield.
Norfolk Southern Corporation, together with its auxiliaries, engages in the rail transportation of raw materials, intermediate products, and finished goods. As of December 31, 2014, it operated about 20,000 miles of road in 22 states and the District of Columbia. The company also operates planned passenger trains; transports overseas freight through various Atlantic and Gulf Coast ports; and provides logistics services. In addition, it provides bimodal truckload transportation services primarily utilizing RoadRailer trailers, a hybrid technology that facilitates over-the-road and on-the-rail transportation in the eastern United States, in addition to in Ontario and Quebec through a network of terminals.
Finally, Allstate Corp (NYSE:ALL), gained 0.34%, to $68.59.
A.M. Best has assigned indicative ratings of “a-” to senior unsecured debt, “bbb+” to subordinated debt, “bbb” to junior subordinated debt and “bbb” to preferred stock of the recently filed shelf registration of The Allstate Corporation (Allcorp) (Northbrook, IL) [NYSE: ALL]. Additionally, A.M. Best has assigned the indicative ratings of “bbb” of the preferred securities of Allstate Financing VII, VIII, IX and X, which may be issued under Allcorp’s shelf registration statement. The outlook assigned to all ratings is stable. The new shelf registration replaces Allcorp’s previous shelf registration, which expired on April 30, 2015. Consequently, the indicative ratings for the previous shelf registration have been withdrawn.
The assigned ratings recognize Allstate Insurance Group’s (Allstate) solid risk-adjusted capitalization, favorable operating earnings trend and noteworthymarket presence. The ratings also are indicative of A.M. Best’s view of the group’s near-term earnings prospects when considering Allstate’s strong overall business profile as one of the largest personal lines writers in the United States. Financial leverage and interest coverage ratios at the holding company remain within A.M. Best’s guidelines for the current ratings.
The Allstate Corporation, through its auxiliaries, engages in the property-liability insurance and life insurance businesses in the United States and Canada. The company’s Allstate Protection segment sells private passenger auto and homeowners insurance products under the Allstate, Encompass, Esurance brand names. It also provides specialty auto products, counting motorcycle, trailer, motor home, and off-road vehicle insurance policies; other personal lines products comprising renter, condominium, landlord, boat, umbrella, and manufactured home insurance policies; roadside assistance products; and commercial products for small business owners, in addition to insurance agency services. In addition, this segment sells retirement and investment products, counting mutual funds, fixed and variable annuities, disability insurance, and long-term care insurance products. Further, it sells its products through contact centers and Internet.
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