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CB News3 articles
Travelers Hits Record High as Buybacks Boost EPS Growth
Travelers (TRV) stock hit a record high of $367.68 after Q2 core EPS rose 54%, outpacing core income growth of 44%, driven by buybacks and lower catastrophe losses.
Chubb's Valuation in Focus as War-Risk Consortium Launch Triggers Stock Dip
Chubb shares closed at $323.40, down 1.36%, as a new marine war-risk consortium and undervalued label draw investor attention ahead of Monday's trading.
Berkshire's Cash Pile Shines as Inflation Fuels Investor Demand
Berkshire Hathaway's Class B shares gained 1.4% Tuesday, driven by inflation data that highlights the value of its massive cash and short-term Treasury position.