Financial Results, Corporate Social Responsibility Initiatives, and Company Appointments - Research Report on Chubb, Allstate, The Hartford Financial Services, MGIC Investment, and Rayonier

Wed Jul 31, 2013 8:01am EDT

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Financial Results, Corporate Social Responsibility Initiatives, and Company Appointments - Research Report on Chubb, Allstate, The Hartford Financial Services, MGIC Investment, and Rayonier

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PR Newswire

NEW YORK, July 31, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting The Chubb Corporation (NYSE: CB), The Allstate Corporation (NYSE: ALL), The Hartford Financial Services Group Inc. (NYSE: HIG), MGIC Investment Corp. (NYSE: MTG), and Rayonier Inc. (NYSE: RYN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

The Chubb Corporation Research Report

On July 25, 2013, The Chubb Corporation (Chubb) announced Q2 2013 financial results. Net income was $579 million or $2.21 per diluted share compared to $404 million or $ 1.48 per diluted share in Q2 2012. Operating income was $463 million in Q2 2013, compared to $374 million in Q2 2012. Chubb's operating income per share went up 29.2% YoY to $1.77. John D. Finnegan, Chubb's Chairman, President, and CEO, commented, "Chubb produced excellent results in the second quarter of 2013. We generated operating income of $1.77 per share and net income of $2.21 per share, both of which were among the highest of any quarter in Chubb's history. These results were achieved despite a $0.59 per share adverse impact of catastrophe losses." The Company expects its full-year 2013 operating income per share to be between $7.30 and $7.50 as compared to its earlier guidance of $6.40 to $6.80. The Full Research Report on The Chubb Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-29/CB]

The Allstate Corporation Research Report

On July 27, 2013, The Allstate Corporation (Allstate) and Points of Light, an organization dedicated to volunteer service, collaborated to bring Good & Ready - an online and on-the-ground emergency preparedness program to serve at least 13 communities - which would help thousands of people to prepare for disaster. Vicky Dinges, Vice President of Corporate Social Responsibility at Allstate, said, "Everyone wants to know their family and friends are safe during a disaster. One of the simplest actions we can all take is to create a kit that includes important documents and supplies to get us through an emergency.  Allstate's disaster preparation kit-building events --happening across the country -- are helping thousands of families and communities be prepared when disaster strikes." The Full Research Report on The Allstate Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-29/ALL]

The Hartford Financial Services Group Inc. Research Report

On July 25, 2013, The Hartford Financial Services Group Inc. (The Hartford) appointed Patricia A. McEvoy as Chief Ethics and Compliance Officer. Ms. McEvoy will be responsible for spearheading enterprise compliance and will report to Alan J. Kreczko, Executive Vice President and General Counsel. Liam E. McGee, Chairman, President, and CEO of The Hartford, commented, "Patti, a 13-year veteran of The Hartford's law department, is an experienced leader with deep knowledge of the company's values, culture, and businesses as well as the property and casualty industry. According to the Company, McEvoy previously served as Vice President and Assistant General Counsel in the corporate and property & casualty litigation unit of the law department of The Hartford. The Full Research Report on The Hartford Financial Services Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-29/HIG]

MGIC Investment Corp. Research Report

On July 25, 2013, MGIC Investment Corp. (MGIC Investment) announced that the Company has appointed Daniel A. Arrigoni as a member of its Board of Directors. According to the Company, Mr. Arrigoni will also be a member of the Board's Audit Committee and Risk Management Committee. Curt Culver, MGIC Investment's Chairman and CEO, said, "Dan's vast experience in both the origination and servicing of mortgages will bring a unique point of view to our Board of Directors." According to MGIC Investment, Mr. Arrigoni has more than 40 years of experience in banking and home mortgage industries and just before his July 2013 retirement, he served as the President and CEO of U.S. bank Home Mortgage Corp. The Full Research Report on MGIC Investment Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-29/MTG]

Rayonier Inc. Research Report

On July 25, 2013, Rayonier Inc. (Rayonier) declared Q2 2013 financial results. Net income attributable to shareholders was $87.2 million, or $0.67 per share, up compared to $69.1 million, or $0.54 per share, in Q2 2012. According to Rayonier, Q2 2013 results included a $16.1 million gain related to the consolidation of its 65% owned New Zealand joint venture. Paul Boynton, Chairman, President, and CEO of Rayonier, commented, "Monday's announcement of an 11 percent dividend increase underscores our confidence in future cash flow growth. In Forest Resources, sawlog demand and prices are benefiting from the early stages of a gradually improving housing market, and Asian demand for sawlogs from our US Northwest and New Zealand timberlands remains strong. In Real Estate, we are seeing increased interest in our development properties and demand for our nonstrategic timberlands." The Full Research Report on Rayonier Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-29/RYN]

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