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ENH, ENWV, HEV, EGN - Stock Alerts! from - Endurance Specialty Holdings, Endwave, ENER1, Energen

|Includes: Energen Corporation (EGN), ENH, ENWV


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Endurance Specialty Holdings Ltd. (NYSE:ENH)

ENH, a Bermuda-based specialty provider of property and casualty insurance and reinsurance, recently announced that it has acquired a portion of Glacier Reinsurance AG's (Glacier Re) international and U.S. property catastrophe and global specialty reinsurance business through a quota share treaty and renewal rights purchase agreement. Effective immediately, ENH will reinsure, on a quota share basis, select treaties within Glacier Re's portfolio. Prospectively, ENH will work with Glacier Re to renew these accounts and will pay commissions to Glacier Re contingent on the premiums written under the quota share treaty and accounts being renewed by ENH. Last month, Glacier Re announced that it had placed its entire reinsurance portfolio in run-off. ENH anticipates the transaction will generate $25 million to $30 million of gross written premiums per annum. ENH will not assume prior loss reserve liabilities as part of this transaction.


Endwave Corporation (Nasdaq:ENWV)

ENWV, a leading provider of high-frequency RF solutions for mobile communications networks, will report financial results for its third quarter 2010 on Tuesday, October 26 at 1:30 p.m. Pacific Time (NYSE:PT).

ENWV will release the company's financial results at approximately 1 p.m. PT on the same day. To listen to the live conference call, please dial (480) 629-9678 (Conference ID: 4370639) by 1:20 p.m. PT on October 26. Starting approximately one hour after the completion of the live call, a replay will also be available until November 1. To access the recording, dial (303) 590-3030 (Access code: 4370639).


ENER1, Inc. (Nasdaq:HEV)

HEV, announced recently that it has executed a securities purchase agreement with its principal shareholder, Ener1 Group, for the purchase of common stock and warrants for $20 million. The financing is expected to close next week.

HEV has raised in excess of $160 million  in equity in 2010, through a combination of private placements and strategic investments. HEV will use these additional funds along with its grant from the United States Department of Energy under the American Recovery and Reinvestment Act, to fund an immediate increase in working capital and to help achieve its intended manufacturing plans to install 260 MW hours, or capacity for 11,000 electric vehicle battery packs, at its three Indianapolis facilities.


Energen Corporation (NYSE:EGN)

In conjunction with the release of 3rd quarter 2010 financial results, EGN will broadcast a conference call live over the Internet on Thursday, October 28, 2010, at 10:00 a.m. ET. EGN representatives will include James McManus, chairman and chief executive officer; Chuck Porter, chief financial officer; and Julie Ryland, vice president of investor relations.

A link to the live broadcast and the replay will be available on EGN's Web site at





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