Arch Capital Group News

Arch Capital Group Ltd. , Southern Copper Corp. , Cognizant Technology Solutions Corp.

Microsoft Corp. co-founder Bill Gates a s Cascade Investment LLC took a 3.56 million-share stake in Bermuda-based insurer Arch Capital Group Ltd.

A.M. Best Co. has affirmed the financial strength rating of 'A' and issuer credit ratings of "a+" of Bermuda-based Arch Reinsurance Ltd.

Athletic shoe and apparel company K-Swiss Inc. on Wednesday said its board authorized a new program to buy back up to $70 million in stock.

V.F.Corporation third quarter sales fell 5% to $2.08 billion and net income fell 7% to $217.9 million or $1.94 a share.

American International Group's share of the commercial insurance market hasn't dropped as much as expected since the company was bailed out last year by the government, UBS analyst Brian Meredith said Wednesday.

The Bermuda-based Arch Capital Group Ltd. reported net income available to common shareholders for the 2009 second quarter at $152.1 million, or $2.43 per share, compared to $192.3 million, or $2.92 per share, for the 2008 second quarter.

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Standard & Poor's Ratings Services has revised its outlook on Bermuda-based insurance and reinsurance holding company Arch Capital Group Ltd.

Hartford Financial Services Group Inc. sued rival Arch Capital Group Ltd. and three former employees, saying they used trade secrets in an effort to a oedestroya a subsidiary of the Connecticut-based insurer.

Area stocks climbed Thursday led by a group that included Norwalk-based FactSet Research Systems Inc.

Arch Insurance Group, a division of Arch Capital Group Ltd., on Monday said it has formed two new principal underwriting groups - Arch Property & Casualty Group and the Arch Financial & Professional Liability Group - in its U.S.-based operations.

EL PASO, Texas-- --Western Refining, Inc. today announced that it priced its previously announced private offering of senior secured notes in two tranches.