American

First American Financial Banks on Higher Premiums and Buyout

First American Financial Corporation FAF has been in investors’ good books on the back of strategic acquisitions, solid segment performance, higher return on equity and prudent capital deployment.

The company has a decent earnings surprise history. The company beat estimates in each of the last four quarters with the average positive surprise being 18.47%.

First American’s trailing 12-month return on equity of 16.1% is higher than the industry’s 6.4%. This highlights the company’s efficient utilization of its shareholders’ funds to generate earnings.

The stock has a VGM Score of B. VGM Score helps to identify stocks with the most attractive value, best growth and the most promising momentum.

Driving Factors

First American’s top line has been witnessing a positive trend over the years on the back of strong direct premiums and escrow fees, higher agent premiums, net investment income and information and other revenues. The metric witnessed CAGR of 5.8%

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WHO issues ‘worst is yet to come’ warning; European Union to extend American travel ban

As coronavirus cases climbed in the U.S. and across the globe, the World Health Organization director general warned “the worst is yet to come” and European Union leaders were ready to extend the ban on American travelers for at least two more weeks.

Adjustments were being made to help slow spreading of the disease. Jacksonville, Florida, which is scheduled to host the GOP convention, is mandating masks, though it’s not clear for how long. Broadway stages will remain dark through 2020.

Also, a drug company’s steep price for remdesivir, a drug that has proved to shorten recovery times for severe COVID-19 patients by about 31%, is drawing criticism.

Some good news? The nation’s leading infectious diseases expert remains “cautiously optimistic” that a vaccine could be widely available by year’s end.

Here are the most significant developments of the day:

  • Worldwide coronavirus cases surpassed 10 million, while more than 504,000 across

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American Express Launches Its Largest Global Shop Small Campaign

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American Express has committed more than $200 million to help get customers to shop with small businesses. An additional $10 million will fund a grant program dedicated to supporting U.S. Black-owned small businesses in recovery.

According to survey data conducted for the small business recovery research by American Express, 62 percent of U.S. small business owners need to see spending return to pre-pandemic levels by the end of the year in order to stay in business.

“We know the impact that movements like Shop Small and Card Member offers can have in helping small businesses thrive,” said Walter Frye, vice president of global brand engagement and design at American Express. “Over the past decade, Small Business Saturday has helped drive over $120 billion in reported consumer spend at local businesses in the U.S. Our previous research also shows that for every dollar spent

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These 12 Countries are Welcoming American Travelers Now (or Will Be Soon)

Note: International travel restrictions and guidelines are changing regularly. The information below is accurate as of the time of publication (Friday, June 26). You should not travel if you are unwell.

After months of staying at home in order to help stop the spread of the coronavirus (COVID-19), some Americans are dreaming of a summer vacation.

Many countries are not currently welcoming international visitors in order to keep their citizens safe and healthy. And others, like the 27 nations that make up the European Union, will likely not allow Americans upon reopening on July 1 due to the U.S.’s inability to contain its coronavirus outbreak. The nation set a new record for daily infections on July 24 with well over 36,000 new reported cases, surpassing the previous high from April.

With the E.U. out of the question for the time being, we put together a list of 12 countries where

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Online harassment increases to 35% for American minority groups

<span>Photograph: Daisy-Daisy/Alamy Stock Photo/Alamy Stock Photo</span>
Photograph: Daisy-Daisy/Alamy Stock Photo/Alamy Stock Photo

Online harassment is becoming more common and more severe, a new survey has found, especially for members of minority groups.

Some 35% of Americans have experienced harassment online this year due to racial, religious, or sexual identity – an increase of 3% from 2018, according to a study released Tuesday by the Anti-Defamation League. Religion-based harassment in particular increased to 22% in 2020, up from 11% in 2018.

“It is by definition difficult to be part of a marginalized group, and that is as true in the online world as it is in the real world,” said Jonathan A Greenblatt, the CEO of the ADL.

Related: White nationalists are openly operating on Facebook. The company won’t act

Online harassment is not only increasing but intensifying, with 28% of Americans now saying they have experienced “severe” online hate this year, including sexual harassment, stalking, physical

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