Everest Group reported better-than-expected Q1 earnings of $16.08 per share, driven by improved underwriting with a 91.2% combined ratio and $33 million in favorable reserve adjustments. The company is focusing on reinsurance and shedding underperforming insurance lines as part of a strategic turnaround. Capital return efforts have accelerated, with the quarterly buyback floor raised to $300 million and a 6.3% reduction in share count year-over-year. Analysts maintain a Buy rating with a target price around $390 by year-end, expecting the company’s self-help initiatives and capital deployment to support a gradual stock re-rating.
During week 21 of 2026 (May 18-22), Sampo Oyj bought back a total of 1,911,568 of its own A-shares across multiple exchanges at a weighted average price of €9.21 per share. This buyback is part of a program authorized by the company's annual general ...
Jean-Marc Chery, President and CEO of STMicroelectronics, will speak at the BNP Paribas Exane CEO conference in Paris on June 2, 2026. The event will be webcast live and available for replay until June 16, 2026. STMicroelectronics is a major semicond...
GoldHaven Resources Corp. emphasizes the strategic importance of tungsten and indium at its Magno Project in northern British Columbia, as Western countries seek to reduce reliance on China for critical minerals. The district-scale project shows prom...
The PGIM Global High Yield Fund (GHY) provides investors with diversified exposure to below-investment-grade fixed income globally, including a 45% allocation to U.S. assets and over 900 holdings. It currently trades at a 7.3% discount, which is attr...
Schaeffler's stock rating is maintained at 'Hold' with a reduced price target of €4 per share due to ongoing structural and execution challenges. The company's e-mobility division continues to report significant negative EBIT margins, which offset pr...
