Zacks.com, Chicago, has placed Old Republic International Corp., Chicago, on its list of Stocks to Sell Now.The ranking of 4 (Sell) given to Old Republic, is one step below the worst ranking, 5 (Strong Sell). The company noted that stocks with the 4 (Sell) ranking should be avoided over the next one to three months. In its synopsis of why Old Republic should be sold by investors, Zacks.com said the company's third-quarter earnings fell short of consensus by about 9% because of the mortgage (Republic Mortgage Insurance Co.) and title insurance (Old Republic Title Insurance Co.) groups.
Processing Content
