Business affected by uncertainties “Business investment is being affected by uncertainties around Brexit, but it continues to grow at a moderate pace, supported by strong global demand, high rates of profitability, the low cost of capital and limited spare capacity…. … Continued
Each week we read dozens of transcripts from earnings calls and presentations as part of our investment process. Below is a weekly post which contains some of the most important quotes about the economy and industry trends from those transcripts. Click … Continued
Each week we read dozens of transcripts from earnings calls and presentations as part of our investment process. Below is a weekly post which contains some of the most important quotes about the economy and industry trends from those transcripts. Click … Continued
Matthew Levatich – President, Chief Executive Officer Little residual tarnishing crossover between brand USA and American products “…there’s actually a lot of really good research on this very topic generally that suggests that the connection between brand U.S.A., if you … Continued
Dominic Caruso – EVP and Chief Financial Officer They want a reform of the tax system “To level the playing field with other industrialized countries, tax reforms should include three fundamental elements, a lower corporate income tax rate in line … Continued
Janet Yellen, Fed Chair at the G30 summit US growing moderately “Economic activity in the United States has been growing moderately so far this year, and the labor market has continued to strengthen… Hurricanes to have modest long-term effect “While … Continued
Tim Sloan – President and Chief Executive Officer The scandal continues to have an impact “There is a little bit of impact on some municipalities they have put us on probation or just said they are not going to use … Continued
D. G. Macpherson – Chairman and Chief Executive Officer Modest tailwinds So, we’ve experienced modest tailwinds that continued to increase throughout the year, I’d say. So it’s little better it seems at the quarter. In terms of the large customers, … Continued
Ralph Babb – Chairman and CEO Pete Guilfoile – Chief Credit Officer David Duprey Clients subdued but optimistic Our loan pipeline remained solid in the third quarter and our commitments to commit are up significantly. We believe this reflects improving … Continued
Powell Brown – President and CEO Still a lot of capital in insurance In summary, there continues to be a lot of capital across the insurance market place. However the recent storms, fires and earthquakes may have implications on pricing … Continued