Fannie Mae (FNMA) on Monday upgraded its forecast for 2020 U.S. economic growth to 1.9% from 1.7%, arguing that consumer spending and the housing market will buoy gross domestic product if a "phase one" trade deal between the United States and China is signed.
Allianz SE: * MICROSOFT (MSFT) - ALLIANZ AND CO ANNOUNCED A STRATEGIC PARTNERSHIP FOCUSED ON DIGITALLY TRANSFORMING INSURANCE INDUSTRY. * MICROSOFT (MSFT) - THROUGH PARTNERSHIP, ALLIANZ WILL MOVE CORE PIECES OF ITS GLOBAL INSURANCE PLATFORM, ALLIANZ BUSINESS SYSTEM TO MICROSOFT'S AZURE CLOUD Source text for Eikon: Further company coverage:
Allianz Se: * PARTNERS WITH MICROSOFT TO DIGITALLY TRANSFORM THE INSURANCE INDUSTRY. * MICROSOFT TO PARTNER WITH SYNCIER, B2B2X INSURTECH FOUNDED BY ALLIANZ, TO OFFER CUSTOMIZED INSURANCE PLATFORM SOLUTIONS AND RELATED SERVICES Source text - https://bit.ly/37dJg0a Further company coverage:
New TransUnion (TRU) data from the just-released Q3 2019 Industry Insights Report point to a few factors that could portend good things for retailers this holiday season. TransUnion (TRU) found that private label card originations increased 2.4% to 12.4 million in Q2 2019, marking the first such year-over-year increase in 11 quarters.
Beazleys head of broker relations & marketing, Lou Ann Layton, has been honored for her substantial contribution to the professional liability insurance industry by The Professional Liability Underwriting Society.
Two years after a fire killed 71 people at London's Grenfell Tower, insurance premiums for building contractors, architects and surveyors have surged by as much as several hundred percent, risking future projects, industry sources say. As a result, insurers are increasingly excluding cladding from professional indemnity policies which protect construction professionals against negligence claims.
Investors in the commodities sector have closely tracked developments tied to U.S. trade policy, with the possibility of a resolution between Washington and Beijing providing a boost to commodities and raising hopes for demand that get dashed whenever expectations of an agreement fade. The effects of the trade war, however, go well beyond the day-to-day dealings in commodities such as soybeans and cotton, as the conflict forces U.S. trading partners to seek new suppliers.
NEW YORK November 07, 2019 Global X ETFs, the New York-based provider of exchange-traded funds, today published its first Thematic ETF Report, which will be published on a quarterly basis going forward. . The firm, which manages more than $3 billion across 18 thematic ETFs, will be publicizing its thematic classification system within the report.
* Tech stocks weigh on Nasdaq, S&P. * Energy sector top decliner on S&P as oil prices fall. * Match Group (MTCH) falls after weak Q4 revenue forecast. * CVS, Humana gain on upbeat earnings, forecast. * Indexes: Dow and S&P flat, Nasdaq down 0.21% By Arjun Panchadar.
Over 60 asset management, banking industry and retirement professionals representing some of the largest companies in the investment community gathered to discuss trends, concerns and technologies that will be important to the industry in 2020, at the annual Delta Data client conference held recently in Atlanta, GA. Issues addressed concerned the adoption and growth of Artificial Intelligence, ...
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