Abstracts » Business, international

QBE stock slides 37% on revelation of bigger exposure to U.S. attacks

Article Abstract:

QBE Insurance Ltd. saw its share value drop by 1.58 billion Australian dollars (883.3 million euros) after the company said its exposure to the World Trade Center attacks was higher than expected. The share value drop amounted to 37%.

Economic aspects, QBE Insurance Group Ltd., World Trade Center and Pentagon Attacks, 2001

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Anthem adds 11.4 million shares to pending IPO

Article Abstract:

Anthem Inc.'s underwriters are adding more shares to the company's planned initial public offering (IPO). The underwriters increased the IPO shares to 40 million from 28.6 million.

United States, Organizational history, Management, Going public (Securities), Initial public offerings, Anthem Inc. (Indianapolis, Indiana)

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GIO Australia's shares plummet 26%

Article Abstract:

GIO Australia Holdings Ltd. saw its share value drop by 26% on August 17, 1999. The company's share value fell after it announced a loss of A$759 million (462.8 million euros) at its reinsurance division. The loss is expected to increase GIO's losses. The company's shares fell 93 Australian cents per share. The shares finished the day at A$2.70 per share.

Comment:

Share value drops by 26% on August 17, 1999

GIO Australia Holdings Ltd.

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