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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (41702)	3/11/2011 1:55:45 PM
From: E_K_S	Respond to of 78702

U.S. insurance stocks fall after earthquake reuters.com Shares of top U.S. insurers including Aflac Inc (AFL.N), fell on Friday after a massive earthquake, the fifth biggest recorded, rocked the northeast coast of Japan. Earlier on Friday, shares of European reinsurers Munich Re (MUVGn.DE), Swiss Re (RUKN.VX) and Hannover Re (HNRGn.DE) and Scor (SCOR.PA) also dropped sharply. -------------------------------------------------------------------- Possible value plays on the disaster. No position just watching. I am looking at adding some Chicago Bridge & Iron Company N.V. (CBI) for their nuclear containment vessel expertise and other services that might support Japan's reconstruction activities. Pretty scary - Story still developing. Nuclear Emergency in Japan huffingtonpost.com From the article:"...The problem at Fukushima Diachi nuclear facility is that one of its six reactors lost all its power as a result of the earthquake. Back-up diesel generators didn't work, so battery power became necessary to keep coolant water flowing. If the battery power is depleted and electric power is not otherwise restored, a loss-of-coolant accident or meltdown would ensue. "The emergency shutdown has been conducted but the process of cooling down the reaction is currently not going as planned," explained Japan's Chief Cabinet Secretary Yukio Edano, according to CNN. Thus, Japan declared a state of "atomic power emergency" and people living within three kilometers of the Fukushima facility were advised to evacuate...." EKS FWIW - We are feeling the effect of the Tsunami here on the West Coast as the more intense surges are hitting the Santa Cruz harbor. Damage in the millions and rising.