Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets. The company operates in two segments, U.S. Operations and International Operations. It offers primary and excess specialty casualty, contract liability, commercial multi-peril, product liability, environmental liability, and auto liability insurance products; workers compensation, general liability, auto liability, and various public entity liability risks; management liability, and errors and omissions liability; and surety and inland marine insurance products. The company also provides long-tail excess casualty and general liability; general liability, international casualty, and motor treaties; professional indemnity, directors and officer's liability, and medical malpractice; direct and facultative excess insurance, North American and international binders, and residential collateral protection for lending institutions; and personal accident, aviation, cargo, yachts, and onshore and offshore marine insurance products. In addition, it offers property catastrophe reinsurance and excess property direct and facultative insurance products. The company markets its products through wholesale and retail agents, managing general agents, brokers, and third-party intermediaries. Argo Group International Holdings, Ltd. was incorporated in 1999 and is headquartered in Pembroke, Bermuda.
IPO Year:
Exchange: NYSE
Website: argolimited.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/13/2023 | $30.00 | Buy → Neutral | Compass Point |
| 2/28/2023 | Mkt Perform → Underperform | Raymond James | |
| 9/12/2022 | $45.50 → $28.50 | Neutral → Buy | Compass Point |
| 8/10/2022 | Outperform → Mkt Perform | Raymond James | |
| 8/9/2022 | $35.00 | Buy → Neutral | Compass Point |
| 2/9/2022 | $70.00 → $60.00 | Strong Buy → Outperform | Raymond James |
| 2/9/2022 | $47.50 | Buy → Neutral | Compass Point |
| 11/4/2021 | $65.00 → $70.00 | Strong Buy | Raymond James |
| 10/18/2021 | $12.00 | Equal-Weight → Overweight | Morgan Stanley |
| 10/18/2021 | Equal-Weight → Overweight | Morgan Stanley |
3 - Argo Group International Holdings, Ltd. (0001091748) (Issuer)
3 - Argo Group International Holdings, Ltd. (0001091748) (Issuer)
3 - Argo Group International Holdings, Ltd. (0001091748) (Issuer)
3 - Argo Group International Holdings, Ltd. (0001091748) (Issuer)
4 - Argo Group International Holdings, Ltd. (0001091748) (Issuer)
4 - Argo Group International Holdings, Ltd. (0001091748) (Issuer)
4 - Argo Group International Holdings, Ltd. (0001091748) (Issuer)
4 - Argo Group International Holdings, Ltd. (0001091748) (Issuer)
4 - Argo Group International Holdings, Ltd. (0001091748) (Issuer)
4 - Argo Group International Holdings, Ltd. (0001091748) (Issuer)
SC 13G/A - Argo Group International Holdings, Inc. (0001091748) (Subject)
SC 13G/A - Argo Group International Holdings, Inc. (0001091748) (Subject)
SC 13G/A - Argo Group International Holdings, Ltd. (0001091748) (Subject)
SC 13G - Argo Group International Holdings, Ltd. (0001091748) (Subject)
SC 13G/A - Argo Group International Holdings, Ltd. (0001091748) (Subject)
SC 13D/A - Argo Group International Holdings, Ltd. (0001091748) (Subject)
SC 13D/A - Argo Group International Holdings, Ltd. (0001091748) (Subject)
SC 13D/A - Argo Group International Holdings, Ltd. (0001091748) (Subject)
SC 13G/A - Argo Group International Holdings, Ltd. (0001091748) (Subject)
SC 13G/A - Argo Group International Holdings, Ltd. (0001091748) (Subject)
8-K - Argo Group International Holdings, Inc. (0001091748) (Filer)
15-12G - Argo Group International Holdings, Ltd. (0001091748) (Filer)
S-8 POS - Argo Group International Holdings, Ltd. (0001091748) (Filer)
S-8 POS - Argo Group International Holdings, Ltd. (0001091748) (Filer)
S-8 POS - Argo Group International Holdings, Ltd. (0001091748) (Filer)
S-8 POS - Argo Group International Holdings, Ltd. (0001091748) (Filer)
S-8 POS - Argo Group International Holdings, Ltd. (0001091748) (Filer)
25-NSE - Argo Group International Holdings, Ltd. (0001091748) (Subject)
8-K - Argo Group International Holdings, Ltd. (0001091748) (Filer)
10-Q - Argo Group International Holdings, Ltd. (0001091748) (Filer)
Compass Point downgraded Argo Group from Buy to Neutral and set a new price target of $30.00
Raymond James downgraded Argo Group from Mkt Perform to Underperform
Compass Point upgraded Argo Group from Neutral to Buy and set a new price target of $28.50 from $45.50 previously
Raymond James downgraded Argo Group from Outperform to Mkt Perform
Compass Point downgraded Argo Group from Buy to Neutral and set a new price target of $35.00
Raymond James downgraded Argo Gr Intl Hldgs from Strong Buy to Outperform and set a new price target of $60.00 from $70.00 previously
Compass Point downgraded Argo Gr Intl Hldgs from Buy to Neutral and set a new price target of $47.50
Raymond James reiterated coverage of Argo Gr Intl Hldgs with a rating of Strong Buy and set a new price target of $70.00 from $65.00 previously
Morgan Stanley upgraded Argo Group from Equal-Weight to Overweight and set a new price target of $12.00
Morgan Stanley upgraded Argo Gr Intl Hldgs from Equal-Weight to Overweight
Jessica Snyder to serve as Argo Group CEO Argo Group International Holdings, Ltd. ("Argo") today announced the completion of Brookfield Reinsurance's acquisition of Argo in an all-cash transaction valued at approximately $1.1 billion. Under the terms of the transaction, Brookfield Reinsurance acquired all issued and outstanding common shares of Argo at a price of $30 per share. Argo's common shares have ceased trading on the New York Stock Exchange. Argo's leading U.S. specialty platform adds a foundational piece to Brookfield Reinsurance's expanding U.S. P&C operations and increases Brookfield Reinsurance's assets to over $50 billion. In connection with closing, Jessica Snyder will
Focused On Optimizing Business For Profitable Growth Pending merger with Brookfield Reinsurance: The parties have received a majority of the required regulatory approvals. The merger agreement outside date for completing the transaction has been automatically extended from today to February 8, 2024, pursuant to the terms of the merger agreement, as all conditions to closing are satisfied other than receipt of the remaining required regulatory approvals. Both companies remain committed to closing the transaction as expeditiously as possible, and expect the transaction to close in 2023, subject to receipt of the remaining required regulatory approvals. Argo Group International Holdings,
Industry veterans Rod Williams and Paul Drakontaidis also join the company Argo Group International Holdings, Ltd. (NYSE:ARGO) ("Argo" or the "company") today announced Greg Chilson as president of Argo Surety, effective September 1. Chilson has served as a strategic advisor to the business since May. "Greg joins the company with a tremendous amount of industry experience as we look to build on Argo Surety's track record as a very profitable, growth-oriented business," said Argo's President of U.S. Insurance, Jessica Snyder. "Over the past few months, Greg has assisted us as we worked to implement our strategy to evolve the business, including the evaluation of Argo's in-force portfolio
Focused On Optimizing Business For Profitable Growth Pending merger with Brookfield Reinsurance: We continue to expect the merger to close the second half of 2023, subject to customary closing conditions, including receipt of required regulatory approvals. Low Catastrophe Losses: Total catastrophe losses were $3.1 million for second quarter 2023; catastrophe losses for the first six months of 2023 were 40% lower than the same period in 2022. Improved Efficiency: Expense ratio of 33.6% improved 1.8 percentage points from the prior year second quarter. Argo Group International Holdings, Ltd. (NYSE:ARGO) ("Argo" or the "company") today announced financial results for the three and
Argo Group International Holdings, Ltd. ("Argo") (NYSE:ARGO) announced today it will release second quarter 2023 financial results after the close of U.S. financial markets on Monday, August 7, 2023. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD. Argo Group International Holdings, Ltd. (NYSE:ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses. Argo Group and its insurance subsidiaries are rated ‛A-' by Standard & Poor's. Argo's insurance subsidiaries are rated ‛A-' by A.M. Best. More information on Argo and its subsidiaries
Hires industry veteran as strategic advisor Argo Group International Holdings, Ltd. (NYSE:ARGO) ("Argo" or the "company") today announced an agreement, effective immediately, with North American insurer, Trisura Group, Ltd. to support its surety underwriting operations as it works to revamp and grow its surety business. Trisura will provide surety underwriting services and other services to support Argo's surety operations. Argo will retain surety claims management responsibilities. The two companies intend to partner on and are actively negotiating appropriate terms related to shared surety and co-surety arrangements as well as fronting arrangements. "This partnership is an important s
Argo Shareholders Approve Proposed Merger with Brookfield Reinsurance Reduced Catastrophe Losses: Total catastrophe losses of $3.6 million were 59% lower than the first quarter 2022; reflects volatility reduction efforts through exiting businesses with property catastrophe exposure. Disciplined Expense Focus: Expense ratio of 35.1% improved 90 basis points from the prior year first quarter, driven in part by ongoing cost reduction efforts. Continued Strategic Growth in U.S. Ongoing Business: U.S. Operations earned premiums decreased 3% from the prior year first quarter, while earned premiums from U.S. ongoing business1 grew approximately 6%, primarily attributable to business li
Argo Group International Holdings, Ltd. ("Argo") (NYSE:ARGO) announced today it will release first quarter 2023 financial results after the close of U.S. financial markets on Monday, May 8, 2023. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD. Argo Group International Holdings Ltd. (NYSE:ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses. Argo Group and its insurance subsidiaries are rated ‛A-' by Standard & Poor's. Argo's insurance subsidiaries are rated ‛A-' by A.M. Best. More information on Argo and its subsidiaries is av
Argo Group International Holdings, Ltd. ("Argo") (NYSE:ARGO) today announced that Argo shareholders voted to approve an agreement for Brookfield Reinsurance Ltd. ("Brookfield Reinsurance") to acquire Argo in an all-cash transaction valued at approximately $1.1 billion (the "Merger"). The Merger remains subject to other customary closing conditions, including receipt of required regulatory approvals. Argo and Brookfield Reinsurance expect to complete the Merger in the second half of 2023. Argo will file the final vote results, as certified by the independent Inspector of Election, on a Form 8-K with the U.S. Securities and Exchange Commission. About Argo Argo Group International Hold
Completed Strategic Alternatives Review; Entered into a Definitive Merger Agreement to be Acquired by Brookfield Reinsurance for Approximately $1.1 Billion Simplified Business Model: Completed sale of Argo Underwriting Agency Limited and its Lloyd's Syndicate 1200 on February 2, 2023, transforming Argo into a focused, pure-play U.S. specialty insurer. Further Strengthened and De-Risked Balance Sheet: Completed U.S. loss portfolio transfer. In the fourth quarter 2022, recognized an after-tax charge of approximately $100.0 million in connection with the transaction. Reduced Catastrophe Exposure: Total catastrophe losses were $9.4 million in the fourth quarter 2022. Full year 2022 tota
Industry veterans Rod Williams and Paul Drakontaidis also join the company Argo Group International Holdings, Ltd. (NYSE:ARGO) ("Argo" or the "company") today announced Greg Chilson as president of Argo Surety, effective September 1. Chilson has served as a strategic advisor to the business since May. "Greg joins the company with a tremendous amount of industry experience as we look to build on Argo Surety's track record as a very profitable, growth-oriented business," said Argo's President of U.S. Insurance, Jessica Snyder. "Over the past few months, Greg has assisted us as we worked to implement our strategy to evolve the business, including the evaluation of Argo's in-force portfolio
Capital Returns' Claims Do Not Reflect the Reality of Argo's Actions Urges Shareholders to Continue to Support Argo's Positive Momentum by Voting "FOR" All Argo's Highly Qualified Director Nominees on the BLUE Proxy Card Today Argo Group International Holdings, Ltd. (NYSE:ARGO) ("Argo" or "the Company") today announced that it is mailing a letter to shareholders in connection with its 2022 Annual Meeting of Shareholders urging all Argo shareholders to vote the BLUE proxy card "FOR" ALL seven of Argo's highly qualified director nominees. The Annual Meeting will be held on December 15, 2022, and shareholders of record as of October 26, 2022 are entitled to vote at the meeting. The full tex
Strategic Repositioning that Began in Late 2019 Has Created Stronger Growth Platform and Optimized Business Mix Refreshed Board, Which Includes Company's Largest Shareholder, Has Right Skills and Experience to Oversee Ongoing Strategic Review Process Appointing Either of Capital Returns' Nominees Would Result in Loss of Superior Talent and Experience at Critical Juncture for Company Urges Stockholders to Vote the BLUE Proxy Card "FOR" ALL Seven of Argo's Highly Qualified Nominees Argo Group International Holdings, Ltd. (NYSE:ARGO) ("Argo" or "the Company"), an underwriter of specialty insurance products, today announced that it has filed an investor presentation with th
Argo Board Possesses Relevant Expertise and Complementary Skillsets Necessary to Oversee Argo's Strategic Priorities and Ongoing Review Process Highlights Critical Expertise of Bernard Bailey and Al-Noor Ramji Reinforces that Capital Returns' Candidates Would Diminish the Board's Capabilities and Expertise – Questions Capital Returns' Assertion that It's a Long-Term Shareholder Urges Shareholders to Vote "FOR" All Argo's Highly Qualified Director Nominees on the BLUE Proxy Card Argo Group International Holdings, Ltd. (NYSE:ARGO) ("Argo" or "the Company"), an underwriter of specialty insurance products, today announced that it is mailing a letter to shareholders in connection with its 20
Argo Group International Holdings, Ltd. (NYSE:ARGO), an underwriter of specialty insurance, today announced Jessica Snyder has been appointed to serve as president, U.S. insurance, effective immediately. Snyder will report to Tom Bradley, Argo's executive chairman and chief executive officer. "Jessica has extensive executive experience in the property and casualty insurance industry that will serve Argo well as we continue to invest in the U.S. business and accelerate profitable growth," said Bradley. "She also has a proven track record of leading transformational growth strategies. We are confident she is a strong leader to help drive our U.S. business into the future." With almost 30 ye
Mr. Plants will join Strategic Review and Human Resources Committees Argo Group International Holdings, Ltd. (NYSE:ARGO) ("Argo" or "the Company") today announced the August 4, 2022 appointment of J. Daniel Plants as an independent member of the Company's board of directors (the "Board"). Mr. Plants is a seasoned investor, financial executive and senior advisor with three decades of experience helping companies successfully navigate change and unlock shareholder value. He currently serves as Chief Investment Officer of Voce Capital Management LLC, which he founded in 2011 after working at several leading financial institutions, including in executive positions in the mergers and acquisiti
Argo Group International Holdings, Ltd. (NYSE:ARGO) ("Argo" or "the company"), an underwriter of specialty insurance products, today announced the appointment of Thomas A. Bradley, who has served as Argo's chairman since 2020, and who has been serving as interim chief executive officer ("CEO") since March 2022, as CEO, effective immediately. Bradley will also continue in his role as executive chairman of the board of directors. Kevin J. Rehnberg, who has been out on leave for health reasons since March 2022, will no longer serve as president or CEO and will resign from the company's board of directors, effective immediately. "During his time at Argo, Kevin made tremendous progress in tran
Highlights the Failure of the Company's Supposed Strategic Repositioning Warns Board Not to Undertake Any Refreshment Before the Annual Meeting Without Shareholder Input NEW YORK, March 15, 2022 /PRNewswire/ -- Capital Returns Management, LLC (together with its affiliates, "Capital Returns"), one of the largest shareholders among actively managed funds of Argo Group International Holdings, Ltd. ("Argo" or the "Company") (NYSE:ARGO), today issued the following statement in response to the Company's press release issued yesterday: The claimed "strategic repositioning" in 2020 has resulted in further destruction of shareholder value. Argo's press release yesterday demonstrates why we believe th
NEW YORK, Sept. 13, 2021 /PRNewswire/ -- Capital Returns Management, LLC (together with its affiliates, "Capital Returns"), one of the largest shareholders of Argo Group International Holdings, Ltd. ("Argo" or the "Company") (NYSE:ARGO), sent a letter to the Company's Board of Directors today urging the Board to commence a strategic alternatives process and objectively consider a sale of the full Company. "Exploring the sale of the entire Company is the optimal and necessary next step to maximize shareholder value." In the letter, Capital Returns expressed the belief that Argo has an exceptional U.S. specialty business whose results are both restricted by capital constraints and obscured by
Focused On Optimizing Business For Profitable Growth Pending merger with Brookfield Reinsurance: The parties have received a majority of the required regulatory approvals. The merger agreement outside date for completing the transaction has been automatically extended from today to February 8, 2024, pursuant to the terms of the merger agreement, as all conditions to closing are satisfied other than receipt of the remaining required regulatory approvals. Both companies remain committed to closing the transaction as expeditiously as possible, and expect the transaction to close in 2023, subject to receipt of the remaining required regulatory approvals. Argo Group International Holdings,
Focused On Optimizing Business For Profitable Growth Pending merger with Brookfield Reinsurance: We continue to expect the merger to close the second half of 2023, subject to customary closing conditions, including receipt of required regulatory approvals. Low Catastrophe Losses: Total catastrophe losses were $3.1 million for second quarter 2023; catastrophe losses for the first six months of 2023 were 40% lower than the same period in 2022. Improved Efficiency: Expense ratio of 33.6% improved 1.8 percentage points from the prior year second quarter. Argo Group International Holdings, Ltd. (NYSE:ARGO) ("Argo" or the "company") today announced financial results for the three and
Argo Shareholders Approve Proposed Merger with Brookfield Reinsurance Reduced Catastrophe Losses: Total catastrophe losses of $3.6 million were 59% lower than the first quarter 2022; reflects volatility reduction efforts through exiting businesses with property catastrophe exposure. Disciplined Expense Focus: Expense ratio of 35.1% improved 90 basis points from the prior year first quarter, driven in part by ongoing cost reduction efforts. Continued Strategic Growth in U.S. Ongoing Business: U.S. Operations earned premiums decreased 3% from the prior year first quarter, while earned premiums from U.S. ongoing business1 grew approximately 6%, primarily attributable to business li
Completed Strategic Alternatives Review; Entered into a Definitive Merger Agreement to be Acquired by Brookfield Reinsurance for Approximately $1.1 Billion Simplified Business Model: Completed sale of Argo Underwriting Agency Limited and its Lloyd's Syndicate 1200 on February 2, 2023, transforming Argo into a focused, pure-play U.S. specialty insurer. Further Strengthened and De-Risked Balance Sheet: Completed U.S. loss portfolio transfer. In the fourth quarter 2022, recognized an after-tax charge of approximately $100.0 million in connection with the transaction. Reduced Catastrophe Exposure: Total catastrophe losses were $9.4 million in the fourth quarter 2022. Full year 2022 tota
Argo Group International Holdings, Ltd. ("Argo") (NYSE:ARGO) announced today it will release fourth quarter and full year 2022 financial results after the close of U.S. financial markets on Monday, February 27, 2023. An investor conference call in connection with the earnings release will not be conducted due to the company's recent announcement it has entered into a definitive merger agreement to be acquired by Brookfield Reinsurance. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD. Argo Group International Holdings Ltd. (NYSE:ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the uniq
BROOKFIELD, NEWS, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance ((NYSE, TSX:BNRE) and Argo Group International Holdings, Ltd. ("Argo") (NYSE:ARGO) today announced they have entered into a definitive merger agreement whereby Brookfield Reinsurance will acquire Argo in an all-cash transaction valued at approximately $1.1 billion. Sachin Shah, Chief Executive Officer of Brookfield Reinsurance, said, "The acquisition of Argo represents another milestone in the continued expansion of our insurance solutions business. Argo's leading U.S. specialty platform adds a foundational piece to our expanding U.S. P&C operations. We look forward to partnering with the Argo team to support the
NEW YORK, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2022. This quarter, there are constituent changes within two of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD) and the KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a number of changes to the two modified-dividend-yield-weighted indexes—KDX and KYX—to adjust annually for relevant dividend yields and
Execution on Strategic Priorities Continues to Benefit Results Simplified Business Model: As announced in September the company entered into a definitive agreement for the sale of Argo Underwriting Agency Limited and its Lloyd's Syndicate 1200. Continued Growth in Ongoing Business: U.S. Operations earned premiums increased approximately 2% from the prior year third quarter, while earned premiums from U.S. ongoing business1 grew approximately 14%, primarily attributable to business lines where the company retains more of the risk on a net basis. Reduced Catastrophe Losses: Total catastrophe losses of $23.4 million were 14% lower than the third quarter 2021 despite elevated industry cat
Argo Group International Holdings, Ltd. (NYSE:ARGO) announced today that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company's common stock. The cash dividend will be paid on December 15, 2022, to shareholders of record on November 30, 2022. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD. Argo Group International Holdings, Ltd. (NYSE:ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo and its insurance subsidiarie
Argo Group International Holdings, Ltd. ("Argo") (NYSE:ARGO) announced today it will release third quarter 2022 financial results after the close of U.S. financial markets on Monday, November 7, 2022. Argo management will conduct an investor conference call starting at 10 a.m. EST on Tuesday, November 8, 2022. Instructions for Connecting to the November 8, 2022 Conference Call A live webcast of the conference call can be accessed at https://events.q4inc.com/attendee/631519581. Participants in the U.S. can access the call by dialing +1-844-200-6205 (access code 326394). Callers dialing from outside the U.S. can access the call by dialing +1-929-526-1599 (access code 326394). Please ask the
Argo Gr Intl Hldgs (NYSE:ARGO) reported quarterly losses of $(0.60) per share which missed the analyst consensus estimate of $0.51 by 217.65 percent. This is a 236.36 percent decrease over earnings of $0.44 per share from the same period last year. The company reported quarterly sales of $342.70 million which missed the analyst consensus estimate of $357.80 million by 4.22 percent. This is a 24.68 percent decrease over sales of $455.00 million the same period last year.
Argo Gr Intl Hldgs (NYSE:ARGO) reported quarterly losses of $(0.02) per share which missed the analyst consensus estimate of $0.40 by 105 percent. This is a 102.25 percent decrease over earnings of $0.89 per share from the same period last year. The company reported quarterly sales of $329.90 million which missed the analyst consensus estimate of $348.80 million by 5.42 percent. This is a 27.38 percent decrease over sales of $454.30 million the same period last year.
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Argo Gr Intl Hldgs (NYSE:ARGO) reported quarterly losses of $(0.31) per share which missed the analyst consensus estimate of $0.92 by 133.7 percent. This is a 125 percent decrease over earnings of $1.24 per share from the same period last year. The company reported quarterly sales of $389.90 million which missed the analyst consensus estimate of $405.00 million by 3.73 percent. This is a 18.87 percent decrease over sales of $480.60 million the same period last year.
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Argo Group International Holdings, Ltd. ("Argo") (NYSE:ARGO) today announced that Argo shareholders voted to approve an agreement for Brookfield Reinsurance Ltd. ("Brookfield Reinsurance") to acquire Argo in an all-cash transaction valued at approximately $1.1 billion (the "Merger").The Merger remains subject to other customary closing conditions, including receipt of required regulatory approvals. Argo and Brookfield Reinsurance expect to complete the Merger in the second half of 2023.Argo will file the final vote results, as certified by the independent Inspector of Election, on a Form 8-K with the U.S. Securities and Exchange Commission.
Upgrades For Airbnb Inc (NASDAQ:ABNB), Argus Research upgraded the previous rating of Hold to Buy. Airbnb earned $0.48 in the fourth quarter, compared to $0.08 in the year-ago quarter. The stock has a 52-week-high of $179.09 and a 52-week-low of $81.91. At the end of the last trading period, Airbnb closed at $123.53. For Celsius Holdings Inc (NASDAQ:CELH), Credit Suisse upgraded the previous rating of Neutral to Outperform. For the third quarter, Celsius Holdings had an EPS of $0.67, compared to year-ago quarter EPS of $0.03. The current stock performance of Celsius Holdings shows a 52-week-high of $122.24 and a 52-week-low of $38.31. Moreover, at the end of the last trading period, the c
Raymond James analyst C. Gregory Peters downgrades Argo Gr Intl Hldgs (NYSE:ARGO) from Market Perform to Underperform.
Argo Gr Intl Hldgs (NYSE:ARGO) reported quarterly losses of $(2.69) per share which missed the analyst consensus estimate of $(1.75) by 53.71 percent. This is a 51.98 percent decrease over losses of $(1.77) per share from the same period last year. The company reported quarterly sales of $350.50 million which missed the analyst consensus estimate of $469.95 million by 25.42 percent. This is a 27.91 percent decrease over sales of $486.20 million the same period last year.