That year the fund's exposure to financial and energy stocks was particularly painful. For instance, LandAmerica Financial Group LFGRQ was forced into bankruptcy as its main business, title insurance and underwriting services for real
Title insurer Fidelity National Financial FNF announced Friday that it has reached an agreement to purchase competitor LandAmerica Financial Group LFG. We are putting Fidelity under review as we assess the impact of this action on our fair value estimate.
On Nov. 5, title insurer LandAmerica Financial Group LFG took the unusual step of delaying its third-quarter earnings report. We view this as a cautionary red flag. We will keep the stock under review until earnings are reported, now scheduled for Monday, Nov. 10.
We're putting title insurer LandAmerica Financial Group LFG under review as we revisit our scenario analysis weightings.
Title insurer LandAmerica Financial Group LFG reported fourth-quarter earnings that were below our expectations, and we are placing the company under review to revisit our forecast assumptions. We expect to reduce our fair value estimate by at least 10%.
Title insurer LandAmerica Financial Group LFG reported dramatically lower second-quarter net income of $7.9 million compared with last year's $35.6 million. We
On Wednesday, title insurer LandAmerica Financial Group LFG reported third-quarter earnings of $0.89 per share, a 64.2% drop from last year's $2.35. Increased claim reserves
is excellent news for the title insurers we cover: Fidelity National Financial FNF, First American FAF, LandAmerica Financial Group LFG, Stewart Information Services STC, and Old Republic International ORI. Zenodata was founded in 2000
LandAmerica is best suited for long-term investors, in our opinion. The firm's sales depend heavily on mortgage volume, which we expect will fall sharply over the next two years. Our fair value estimate incorporates a very steep sales decline, so we are confident that this company has a lot of ...
LandAmerica's sales depend heavily on mortgage volume, which could fall sharply over the next two years. Our fair value estimate assumes a very steep sales decline, so we are confident that this company has a lot of embedded value. Still, the stock might slide on anticipated weak near-term results