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WGL, JCP, RLI - CRWEFinance.com Stock Report! Jan 31st 2011

  • Published By: admin


Jan . 31 2011 - 05:29 pm

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WGL Holdings Inc. (NYSE:WGL) announced that it will hold a live Internet webcast of its first quarter fiscal year 2011 earnings conference call at 10:30 a.m. Eastern time Feb. 3, 2011. Terry D. McCallister, Chairman and Chief Executive Officer; Adrian P. Chapman, President and Chief Operating Officer, and Vincent L. Ammann Jr., Vice President and Chief Financial Officer, will discuss the company’s first quarter financial results for fiscal year 2011 and its financial outlook.

WGL Holdings, Inc. engages in the delivery and sale of natural gas, and provides energy-related products and services in the District of Columbia, Maryland, Virginia, and Delaware.

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J. C. Penney Company, Inc. (NYSE:JCP) announced that its Board of Directors agrees to name William A. Ackman, founder and CEO of Pershing Square Capital Management, and Steven Roth, chairman of the board of Vornado Realty Trust, as directors. They are expected to be elected by the time of the Company’s Board of Directors meeting on Feb. 22, 2011, which would expand the size of the Board from 11 to 13 members. The Board also expects to appoint an additional director in the near future.

J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates a network of department stores in the United States and Puerto Rico. It sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings.

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RLI Corp. (NYSE:RLI) reported that President & CEO Jonathan E. Michael is scheduled to speak at the New York Society of Security Analysts (NYSSA) 15th Annual Insurance Conference on Monday, February 7, 2011 at 1:50 p.m. EST. The event will be held at the NYSSA office in New York City and a link to the live webcast will be available on the RLI website. RLI, a specialty insurance company, offers a diversified portfolio of property and casualty coverages and surety bonds serving niche or underserved markets. RLI operates in all 50 states from office locations across the country. RLI’s insurance subsidiaries – RLI Insurance Company, Mt. Hawley Insurance Company and RLI Indemnity Company – are rated A+ “Superior” by A.M. Best Company and A+ “Strong” by Standard & Poor’s. RLI is recognized as one of the insurance industry’s top performing companies by the Ward’s 50® Top P&C Performers and has been a member of the group for 20 straight years since its inception in 1991.

RLI Corp., through its subsidiaries, underwrites property and casualty insurance primarily in the United States. The company operates in three segments: Casualty, Property, and Surety.

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