Lavastone Capital LLC, an affiliate of American International Group, Inc. (NYSE:AIG), and Coventry First LLC today announced that they have entered into an agreement to resolve their disputes. Among the terms of the confidential settlement, Lavastone will be able to transfer Coventry’s servicing of AIG’s life settlements portfolio to another party, and Lavastone will be able to freely market or sell policies that were originated by Coventry.
American International Group, Inc. (NYSE:AIG) belongs to Financial sector. Its net profit margin is 3.70% and weekly performance is 1.61%. On last trading day company shares ended up at $51.88. American International Group, Inc. (NYSE:AIG) distance from 50-day simple moving average (SMA50) is -7.49%.
Republic Bancorp, Inc. (NASDAQ:RBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.198 per share on Class A Common Stock and $0.18 per share on Class B Common Stock, payable April 15, 2016 to shareholders of record as of March 18, 2016.
Republic Bancorp Inc. (NASDAQ:RBCAA) shares advanced 1.52% in last trading session and ended the day at $26.00. RBCAA return on assets is 0.90%. Republic Bancorp Inc. (NASDAQ:RBCAA) quarterly performance is -3.87%.
SeaWorld Entertainment, Inc. (NYSE:SEAS) generated revenue of $267.9 million, an increase of $3.3 million, or 1%, versus the fourth quarter of 2014. Adjusted EBITDA was $47.3 million, a decrease of $2.6 million, or 5% compared to $49.9 million in the fourth quarter of 2014. The company reported a net loss of $11.0 million, or $0.13 per diluted share, and an Adjusted Net Loss of $9.6 million, or $0.11 per diluted share, in the fourth quarter of 2015, all improvements over the prior year quarter. Net cash provided by operating activities improved to $6.4 million in the fourth quarter of 2015 compared to net cash used in operating activities of $8.4 million in the prior year fourth quarter.
On 01 March, SeaWorld Entertainment, Inc. (NYSE:SEAS) shares increased 0.44% and was closed at $18.17. SEAS EPS growth in last 5 year was 22.90%. SeaWorld Entertainment, Inc. (NYSE:SEAS) year to date (YTD) performance is -6.67%.
General Steel Holdings, Inc. (NYSE: GSI) Disclosed the following today: On February 15, 2016, Ms. Angela He (“Ms. He”) resigned as a member of the Board of Directors (the “Board”) of General Steel Holdings, Inc. (the “Company” or the “Registrant”), effective immediately. The resignation was not due to any disagreement on any matter relating to the Company’s operations, policies or practices. On February 28, 2016, the remaining members of the Board appointed Ms. Tong Yin, to serve as a member of the Board, effective immediately, and to assume the position of Ms. He on the Audit, Compensation and Governance and Nominating Committees of the Board.
General Steel Holdings, Inc. (NYSE:GSI) ended the last trading day at $1.43. Company weekly volatility is calculated as 15.94% and price to cash ratio as 4.95. General Steel Holdings, Inc. (NYSE:GSI) showed a weekly performance of 34.91%.
Federal Signal (NYSE: FSS) reported Q4 EPS of $0.27, $0.03 better than the analyst estimate of $0.24. Revenue for the quarter came in at $186.4 million versus the consensus estimate of $193 million. Federal Signal also the signing of a definitive agreement to acquire substantially all of the assets and operations of Joe Johnson Equipment (“JJE”), a leading Canadian-based distributor of maintenance equipment for municipal and industrial markets, for initial consideration of C$108 million (approximately U.S. $79 million), subject to post-closing adjustments.
Federal Signal Corp. (NYSE:FSS) shares fell -4.30% in last trading session and ended the day at $11.35. FSS Gross Margin is 27.50% and its return on assets is 11.80%. Federal Signal Corp. (NYSE:FSS) quarterly performance is -32.72%.