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Saturday, January 23, 2010

BUSINESSWEEK: Symetra Financial Advances 5.7% After Initial Public Offering


By Daniel Hauck

Jan. 22 (Bloomberg) -- Symetra Financial Corp., partly owned by Warren Buffett’s Berkshire Hathaway Inc., climbed 5.7 percent to $12.68 in its first day of trading following its initial public offering.

The Bellevue, Washington-based insurer sold shares at the low end of the price range for its IPO yesterday, while investors won concessions from three other companies in the first U.S. offerings of 2010.

Link to Company News:{BRK/A US CN } Link to Company News:{SYA US CN }

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