The Manufacturers Life Insurance Company Sells 5,520 Shares of Chubb Limited $CB: Various asset management entities continue transactions involving Chubb Limited (CB) stocks. Several, such as CIBC Asset Management Inc and Ieq Capital LLC, have increased their stakes. In contrast, others, including Manufacturers Life Insurance Co. and Brown Advisory Inc, reduced theirs. Interest in CB has surged, hitting near 52-week high, bolstering its position in the industry. However, the company has seen a dip, denying reports of a possible AIG takeover, which sparked market slip.
A potential merger with AIG is deemed unlikely, despite Chubb shooting interest in acquiring AIG. Chubb is holding a stable position amongst dividend stocks in volatile markets due to its increasing dividend payouts. This has seen anticipation for its upcoming quarterly earnings report, with positive speculations towards it pulling a surprise this earnings season. On a different note, Chubb made moves in the leadership department with the retirement announcement of John Lupica and the appointment of Bill Hazelton as COO, North America Operations. Lastly, CB has been gaining traction amongst several Wall Street analysts, with price target increases to $364 at Wolfe Research and Evercore maintaining a buy rating.
Chubb Limited CB News Analytics from Wed, 09 Apr 2025 07:00:00 GMT to Sat, 13 Dec 2025 13:41:17 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 1
