<< Read Full Article
<< Read Full Article
The following ratings changes were generated on Friday, Dec. 19.
We've upgraded property and casual insurance company CastlePoint Holdings(CPHL Quote) from sell to hold. Strengths include its robust revenue growth, good cash flow from operations and notable return on equity. However, we also find weaknesses including deteriorating net income and poor profit margins.
Revenue leaped by 62.8% since the same quarter last year, outperforming the industry average of 6.6% growth, though earnings per share declined. Net operating cash flow has increased to $51.24 million, or 42% compared with the same quarter last year, vastly surpassing the industry average cash flow growth rate of -12.26%. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.50 | 2,138.44 | 32.18 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.13
|
DOWN
37.61
|
DOWN
0.61
|
10 Yr
3.22%
SPDR Gold
115.28
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.86%
|
Data delayed 20 minutes |
Connect with TheStreet