Stocks to Watch: Installed Building Products, RLI, Cannae Holdings

Dow Jones

08 Oct 2024

By Connor Hart

Installed Building Products has acquired Wholesale Insulation Supply. Doing business as Insulation Supplies, the newly acquired company will add an insulation installer and complementary-building products provider to Installed Building Products' portfolio, as well as more than $22 million of annual revenue. Terms of the deal weren't disclosed. Shares rise 5%, to $248.96, in after-hours trading.

Specialty insurer RLI expects to post pretax net catastrophe losses from Hurricanes Beryl and Helene of between $35 million and $40 million in the third quarter. The company, expected to release its third-quarter earnings after the bell on Oct. 21, said that range is net of reinsurance recoverables and subject to change, given the complexity of the claims and the preliminary nature of the currently available information. Shares rise 5%, to $159.60, in postmarket trading.

Cannae Holdings bought a majority stake in The Watkins Company for an undisclosed amount, adding the maker of spices and seasonings to an eclectic portfolio that includes sports teams, restaurants and business software companies. The company bought the stake with KDSA Investment Partners, a firm focused on investing in family owned businesses in the food and beverage industry. Shares fall 1.9%, to $17.91, in after-hours trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

October 07, 2024 19:30 ET (23:30 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2473453265"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2473453265\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2473453265?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-08 07:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2473453265","market":"hk","top_or_hot":-1,"title":"Stocks to Watch: Installed Building Products, RLI, Cannae Holdings","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Installed Building Products has acquired Wholesale Insulation Supply. Doing business as Insulation Supplies, the newly acquired company will add an insulation installer and complementary-building products provider to Installed Building Products' portfolio, as well as more than $22 million of annual revenue. Terms of the deal weren't disclosed. Shares rise 5%, to $248.96, in after-hours trading. \n</p>\n<p>\n  Specialty insurer RLI expects to post pretax net catastrophe losses from Hurricanes Beryl and Helene of between $35 million and $40 million in the third quarter. The company, expected to release its third-quarter earnings after the bell on Oct. 21, said that range is net of reinsurance recoverables and subject to change, given the complexity of the claims and the preliminary nature of the currently available information. Shares rise 5%, to $159.60, in postmarket trading. \n</p>\n<p>\n  Cannae Holdings bought a majority stake in The Watkins Company for an undisclosed amount, adding the maker of spices and seasonings to an eclectic portfolio that includes sports teams, restaurants and business software companies. The company bought the stake with KDSA Investment Partners, a firm focused on investing in family owned businesses in the food and beverage industry. Shares fall 1.9%, to $17.91, in after-hours trading. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 07, 2024 19:30 ET (23:30 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks to Watch: Installed Building Products, RLI, Cannae Holdings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks to Watch: Installed Building Products, RLI, Cannae Holdings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-10-08 07:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Installed Building Products has acquired Wholesale Insulation Supply. Doing business as Insulation Supplies, the newly acquired company will add an insulation installer and complementary-building products provider to Installed Building Products' portfolio, as well as more than $22 million of annual revenue. Terms of the deal weren't disclosed. Shares rise 5%, to $248.96, in after-hours trading. \n</p>\n<p>\n  Specialty insurer RLI expects to post pretax net catastrophe losses from Hurricanes Beryl and Helene of between $35 million and $40 million in the third quarter. The company, expected to release its third-quarter earnings after the bell on Oct. 21, said that range is net of reinsurance recoverables and subject to change, given the complexity of the claims and the preliminary nature of the currently available information. Shares rise 5%, to $159.60, in postmarket trading. \n</p>\n<p>\n  Cannae Holdings bought a majority stake in The Watkins Company for an undisclosed amount, adding the maker of spices and seasonings to an eclectic portfolio that includes sports teams, restaurants and business software companies. The company bought the stake with KDSA Investment Partners, a firm focused on investing in family owned businesses in the food and beverage industry. Shares fall 1.9%, to $17.91, in after-hours trading. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 07, 2024 19:30 ET (23:30 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RLI","symbol_name":"RLI保险","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2473453265","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2473453265","pubTimestamp":1728343800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Installed Building Products has acquired Wholesale Insulation Supply. Doing business as Insulation Supplies, the newly acquired company will add an insulation installer and complementary-building products provider to Installed Building Products' portfolio, as well as more than $22 million of annual revenue. Terms of the deal weren't disclosed. Shares rise 5%, to $248.96, in after-hours trading.Specialty insurer RLI expects to post pretax net catastrophe losses from Hurricanes Beryl and Helene of between $35 million and $40 million in the third quarter. The company, expected to release its third-quarter earnings after the bell on Oct. 21, said that range is net of reinsurance recoverables and subject to change, given the complexity of the claims and the preliminary nature of the currently available information. Shares rise 5%, to $159.60, in postmarket trading.Cannae Holdings bought a majority stake in The Watkins Company for an undisclosed amount, adding the maker of spices and seasoni","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RLI":"RLI保险","IE00B2PGVK34.USD":"GUINNESS SUSTAINABLE ENERGY \"C\" (USD) ACC","BK4088":"住宅建筑","IE00BGHQF417.EUR":"GUINNESS SUSTAINABLE ENERGY \"C\" (EUR) ACC","BK4107":"财产与意外伤害保险","BK4176":"多领域控股","CNNE":"Cannae Holdings, Inc.","IBP":"Installed Building Products, Inc.","IE00B3CCJ633.GBP":"GUINNESS SUSTAINABLE ENERGY \"C\" (GBP) ACC"},"translate_title":"值得关注的股票：Installed Building Products、RLI、Cannae Holdings","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CNNE":0.9,"IBP":1,"RLI":1},"content_text":"By Connor Hart \n\n\n \n\n\n  Installed Building Products has acquired Wholesale Insulation Supply. Doing business as Insulation Supplies, the newly acquired company will add an insulation installer and complementary-building products provider to Installed Building Products' portfolio, as well as more than $22 million of annual revenue. Terms of the deal weren't disclosed. Shares rise 5%, to $248.96, in after-hours trading. \n\n\n  Specialty insurer RLI expects to post pretax net catastrophe losses from Hurricanes Beryl and Helene of between $35 million and $40 million in the third quarter. The company, expected to release its third-quarter earnings after the bell on Oct. 21, said that range is net of reinsurance recoverables and subject to change, given the complexity of the claims and the preliminary nature of the currently available information. Shares rise 5%, to $159.60, in postmarket trading. \n\n\n  Cannae Holdings bought a majority stake in The Watkins Company for an undisclosed amount, adding the maker of spices and seasonings to an eclectic portfolio that includes sports teams, restaurants and business software companies. The company bought the stake with KDSA Investment Partners, a firm focused on investing in family owned businesses in the food and beverage industry. Shares fall 1.9%, to $17.91, in after-hours trading. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 07, 2024 19:30 ET (23:30 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}