On Thursday, Shares of FireEye Inc (NASDAQ:FEYE), subtract -5.85% and closed at $13.83 in the last trading session. The last trading range of the stock ranges between $13.68 and $14.75. FireEye, Inc. ( NASDAQ : FEYE ), the leader in stopping recently’s advanced cyber attacks, recently declared it will release financial results for its third quarter 2016 on Thursday, November 3, 2016 after the close of the U.S. markets. FireEye will host a conference call the same day at 5 p.m. ET (2 p.m. PT) to discuss the results.
Universal Insurance Holdings, Inc. (NYSE:UVE), dropped -12.24% and closed at $19.51 in the last trading session. The last trading range of the stock ranges between $18.07 and $21.86. The company’s Market capitalization is $666.97 million with the total Outstanding Shares of 35.08 million. Universal Insurance Holdings, Inc. (UVE) (the “Company”) recently noted that on May 31, 2016, Universal Property & Casualty Insurance Company (“UPCIC”) and American Platinum Property and Casualty Insurance Company (“APPCIC”), the Company’s wholly-owned insurance company auxiliaries, accomplished the placement of the Company’s 2016-2017 reinsurance programs, effective June 1, 2016.
As publicly revealed at the time, UPCIC has a net retention of $35 million per catastrophe event for losses incurred, in all states, up to a first event loss of $2.4 billion. In addition, under an excess catastrophe contract specifically covering risks located outside the state of Florida and intended to further reduce UPCIC’s $35 million net retention, UPCIC has obtained catastrophe coverage of $30 million in excess of $5 million covering certain loss occurrences, counting hurricanes, in states outside of Florida.
In certain circumstances involving a catastrophic event impacting both Florida and other states, UPCIC’s retention could result in pre-tax net liability as low as $5 million – the $35 million net retention under the all states reinsurance program could be offset by as much as $30 million in coverage under the other states reinsurance program. These retention amounts are gross of any potential tax benefit the Company would receive in paying such losses. UPCIC’s statutory surplus as of June 30, 2016 was $294 million.
Northstar Realty Finance Corp (NYSE:NRF), lost -0.45% and closed at $13.17 in the last trading session. The last trading range of the stock ranges between $13.09 and $13.34. During the 52-week trading session the minimum price at which share price traded, registered at $8.38 and reached to max level of $21.57.