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Chubb's (CB) second-quarter results are likely to reflect higher catastrophe loss, partly offset by higher premiums driven by rate and exposure increases, and solid new business.
In the most recent trading session, Chubb (CB) closed at $267.67, indicating a +0.07% shift from the previous trading day.
Though Chubb's (CB) near-term prospects are weighed down by the recent Baltimore bridge mishap and an overactive hurricane season, the core strength of the insurer offers a ray of hope to investors.
Chubb (CB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Chubb (CB) concluded the recent trading session at $256.32, signifying a +1.18% move from its prior day's close.
When Warren Buffett's Berkshire Hathaway disclosed it was buying shares of Chubb, the global insurance giant took on a new coolness among the investing community.
Chubb (CB) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
On May 15, Berkshire Hathaway Inc. (BRK.A, Financial) (BRK.B, Financial), which has been recently stingy about spending investment dollars and had divested long-held positions in Johnson & Johnson (JNJ, Financial) and Proctor & Gamble (PG, Financial) during 2023, revealed in an SEC filing that it has amassed a 6.40% stake worth approximately $6.70 billion in Swiss insurer Chubb Ltd. (CB, Financial).
In the closing of the recent trading day, Chubb (CB) stood at $266.12, denoting a +0.57% change from the preceding trading day.
Berkshire Hathaway has built up a stake in the insurer Chubb over the past few quarters. Chubb has performed well during a challenging environment for insurers in recent years.