Tag: NYSE:CRBG
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Chubb Stock Soars 9% with Berkshire Acquisition, AST SpaceMobile jumps 37% on AT&T deal, and More News
Berkshire Hathaway (NYSE:BRK.A), Chubb (NYSE:CB) – Chubb’s stock increased by approximately 9.3% after Berkshire Hathaway disclosed its acquisition of nearly 26 million shares of the property and casualty insurer, representing a $6.7 billion investment. As a result, Chubb became Berkshire’s ninth-largest holding by the end of March, as recorded in a new regulatory document. Netflix…
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Keep An Eye Out: Pre-Market Movers And Recommendations
Investors await the release of fresh economic data on Thursday, as Wall Street considers how a faster-than-anticipated measure of consumer price gains may impact future Federal Reserve policy. Elsewhere, debate swirls around the European Central Bank’s own crucial interest rate decision later today, while British semiconductor designer Arm prices its hotly-anticipated initial public offering at…