Rob Haines
Rob Haines
banks clear companies financial insurance likely model people rewarded spinning talk
A lot of people used to talk about the financial supermarket but it's clear that companies aren't getting rewarded for that model anymore. For the foreseeable future, it's likely banks will be spinning off (or selling) their insurance operations.
cheap expect franchise good growth headache stock
I don't expect the Wachovia (joint venture) to be a big headache going forward. It's not a cheap stock but it's still a good franchise with good growth prospects.
casualty earnings missed operating property side target worse
It was a mildly disappointing quarter. Operating earnings missed the analysts' target and the property and casualty side was worse than I thought.
blew street strong
It was a very strong quarter. They blew away the (Wall) Street estimates.