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From the Blogosphere
XL Capital Misses Target
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XL Capital (XL) reported results that missed our expectations. Earnings came in at $79.9 million, or $0.23 per share, versus $1.33 last year.
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Notable Mergers and Acquisitions of the Day 12/11: XL, RIMM
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<><>XL Capital Ltd's (NYSE: XL) commented on market rumors;The Company remains focused on operating its business and meeting the needs of its customers and is committed to taking actions as necessary to maximize value for its shareholders. In that regard, as can be expected in the current environment, the Company is continuing to explore value-enhancing opportunities available to it and is being assisted in that effort by one of its long-standing financial advisors, Goldman, Sachs & Co.Based upon the most recently available information, the Company anticipates that the estimated mark-to-market ...
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Morning Movers 12/01: Mentor (MNT) Up On J&J Buyout, Oil Services Down Down Merrill Downgrade (SLB, BJS, BHI, more...)
StreetInsider.com Morning Movers: <>Mentor Corp. (NYSE: MNT) 90% HIGHER; Johnson & Johnson (NYSE: JNJ) and Mentor Corporation (NYSE: MNT) announced a definitive agreement whereby Mentor will be acquired for approximately $1.07 billion in a cash tender offer. Under the terms of the agreement, Johnson & Johnson will commence a tender offer to purchase all outstanding shares of Mentor at $31.00 per share.
XL Capital Ltd. (NYSE: XL) 16% LOWER; Merrill downgrades to Neutral
Schlumberger Limited (NYSE: SLB) 12% LOWER; Merrill downgrades to Neutral
Baidu.com (Nasdaq: BIDU) 11% LOWER; According to a r...
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Earnings results and economic reports - Week 44.
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Monday:
Economic New Home Sales (450K)
Earnings Arch Coal (ACI), Humana (HUM), FPL (FPL), Sohu (SOHU), Tidewater (TDW), Verizon (VZ), Atheros (ATHR), CF Ind (CF), Meritage (MTH), Vertex (VRTX), Zoran (ZRAN), Universal Health (UHS)
Tuesday:
Economic Consumer Confidence (52.0)
Earnings Boyd (BYD), BP (BP), Ceradyne (CRDN), KC Southern (KSU), Royal Carib (RCL), SAP (SAP), Schnitzer (SCHN), US Steel (X), Under Armour (UA), USG (USG), Valero (VLO), Whirlpool (WHR), Apollo (APOL), Centex (CTX), Cephalon (CEPH), Fiserv (FISV), GMarket (GMKT), Lan Air (LFL), McKesson (MCK), NetLogic (NETL), Walter (WLT)...
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Earnings results and economic reports - Week 43.
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Monday:
Economic Leading Indicators (-0.3%)
Earnings Eaton (ETN), Halliburton (HAL), Mattel (MAT), American Express (AXP), Everest (RE), Hexcel (HXL), Logitech (LOGI), Netflix (NFLX), SanDisk (SNDK), Texas Instruments (TXN)
Tuesday:
Economic NA
Earnings 3M (MMM), Caterpillar (CAT), Biogen (BIIB), BlackRock (BLK), Coach (COH), Fifth Third (FITB), M&T Bank (MTB), OptionsXpress (OXPS), US Banc (USB), Stanley (SWK), Broadcom (BRCM), CH Robinson (CHRW), Cree (CREE), Cerner (CERN), E*Trade (ETFC), Qlogic (QLGC), Sigma Aldrich (SIAL), VMware (VMW), XL Cap (XL), Yahoo (YHOO), Tupperware (TUP)
Wednesday:
E...
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About XL Capital Ltd
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