Olmsted Posted June 25, 2013 Posted June 25, 2013 http://www.forbes.com/sites/brucerogers/2013/06/25/saving-hartford-turn-around-lessons-from-chairman-and-ceo-liam-mcgee/
vpagano Posted June 26, 2013 Posted June 26, 2013 Fantastic news for TARP warrant holders, the company is turning around very nicely. Exactly 6 years until expiration today. http://www.reuters.com/article/2013/06/26/hartford-buyback-idUSL3N0F22PO20130626?feedType=RSS&feedName=marketsNews&rpc=43
fareastwarriors Posted June 26, 2013 Posted June 26, 2013 http://www.bloomberg.com/news/2013-06-26/hartford-boosts-buybacks-raises-dividend-50-.html Hartford Boosts Buybacks, Raises Dividend 50%
vpagano Posted June 27, 2013 Posted June 27, 2013 More good news today, Hartford selling its U.K. VA business to Buffett http://www.bloomberg.com/news/2013-06-27/hartford-to-sell-u-k-variable-annuity-business-to-berkshire-1-.html?cmpid=yhoo
PlanMaestro Posted June 27, 2013 Posted June 27, 2013 More good news today, Hartford selling its U.K. VA business to Buffett http://www.bloomberg.com/news/2013-06-27/hartford-to-sell-u-k-variable-annuity-business-to-berkshire-1-.html?cmpid=yhoo Man, the rational thing should be to add but then I would have to sell something.
txlaw Posted June 27, 2013 Posted June 27, 2013 So, Plan et al, what is your current assessment of management? I am very intrigued after seeing the latest developments -- particularly, the hedging and shopping of the Japanese annuities biz.
fareastwarriors Posted June 27, 2013 Posted June 27, 2013 http://blogs.wsj.com/moneybeat/2013/06/27/berkshire-hathaway-units-strike-two-more-deals/ Berkshire Hathaway Units Strike Two More Deals
PlanMaestro Posted June 27, 2013 Posted June 27, 2013 So, Plan et al, what is your current assessment of management? I am very intrigued after seeing the latest developments -- particularly, the hedging and shopping of the Japanese annuities biz. TX, I don't like them as much as the other guys … but they did what they say they would do and that counts. One of my worries at first was that their passive-aggressive attitude to Paulson's pressure wasn't the right one when trying to pull a comeback. Either you knew what was right or you didn't. You either fought Paulson or embraced him. McGee's middle-of-the-road reaction showed his large institution background and that wasn't even in insurance but in banking. When there are many other tough decisions coming, that bureaucratic mentality and lack of knowledge can get you in trouble. However, the war efforts are mostly complete and the stock and its warrants are still cheap. McGee and his team did what they say they would do at fast speed. They deserve praise.
Olmsted Posted July 25, 2013 Posted July 25, 2013 The Hartford Increases Quarterly Dividend To $0.15 Per Common Share, A 50 Percent Increase. http://www.bloomberg.com/article/2013-07-24/a.LjnAV8KZBM.html
BargainValueHunter Posted July 25, 2013 Posted July 25, 2013 Div increasing by 50% is good news for the TARP warrant holders!
fareastwarriors Posted December 2, 2013 Posted December 2, 2013 Hartford Financial Bailout Warrants Double Since Auction http://www.bloomberg.com/news/2013-12-02/hartford-financial-bailout-warrants-double-since-auction.html
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