Investment Officers
Buffett’s Berkshire Hathaway Will Become Bank of America’s Biggest Shareholder
Warren Buffett's company will become the biggest shareholder in Bank of America Corp, after Berkshire Hathaway Inc on Friday invoked its right to acquire 700 million shares of the second-largest U.S. ...
Investors Begin Nudging Companies to Reduce Carbon Footprint
Investors are slowly starting to push companies to reduce their carbon footprint and help the world meet targets on limiting global warming that were agreed in the 2015 Paris climate talks. Energy ...
The Hartford Is Transferring $1.6B in Pension Liabilities to Prudential
The Hartford said it will transfer $1.6 billion of its pension liabilities to Prudential Financial, affecting current and future benefits for about 16,000 former employees. Plans call for having the ...
AIG, MassMutual Take on $1.6B in Accenture Pension Obligations
Consulting and outsourcing services provider Accenture Plc said on Friday it would transfer $1.6 billion in pension obligations to insurers American International Group Inc and MassMutual. The ...
AmTrust to Sell National General Shares for $211.7 Million
AmTrust Financial Services agreed to sell more than 10 million shares it owns in National General Holdings Corp for $211.7 million, a move the specialty property/casualty insurance holding company ...
Sharing Economy Booming in China: Latest Wave Includes Umbrellas, Basketballs
Fancy shooting some hoops, but don't have a basketball? Caught in the rain with no umbrella? Smartphone run out of juice? China's rapidly expanding "sharing economy," which already provides car rides ...
Financial Analysis: Why Regional Writer ROEs Lag Nationals
A comparison of the returns on equity of national and regional writers of property/casualty insurance produces a result that may not seem terribly intriguing: National writers win, hands down. But ...
Warren Buffett’s Berkshire Hathaway Sells Fox Shares, Boosts American Airlines Stake
Warren Buffett's Berkshire Hathaway Inc on Monday said it added to its sizable investments in American Airlines Group Inc and Southwest Airlines Co, and shed its stake in Twenty-First Century Fox ...