Key Developments: Chubb Corp (CB)
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22 May 2013
$-0.62 (-0.70%)
$88.63
$88.48
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$87.61
1,022,096
1,030,836
$90.64
$68.51
Latest Key Developments (Source: Significant Developments)
Chubb Corp Approves New $1.3 Billion Share Repurchase Program
Chubb Corp authorized a new share repurchase program for up to $1.3 billion of the Corporation's common stock. Purchases may be made from time to time in the open market or in privately negotiated transactions. This new program replaces the program approved by the Board on January 26, 2012 that provided for the repurchase of up to $1.2 billion of the Corporation's common stock. Approximately $979 million of the Corporation's common stock was repurchased under that program. Full Article
Chubb Corp Issues FY 2013 EPS Guidance Above Analysts' Estimates
Chubb Corp announced that for fiscal 2013, it expects operating income per share in the range of $6.40 to $6.80. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $6.26 for fiscal 2013. Full Article
Fitch Affirms Chubb Corp's Ratings
Fitch Ratings affirmed all ratings for Chubb Corp, including the 'AA-' Issuer Default Rating (IDR) and 'A+' senior debt rating. Fitch has also affirmed the 'AA' Insurer Financial Strength ratings (IFS) of Chubb's property/casualty insurance subsidiaries, which are led by Federal Insurance Company (Federal). The Rating Outlook is Stable. Full Article
Chubb Corp Declares Regular Quarterly Dividend
Chubb Corp announced that it declared a regular quarterly dividend in the amount of $0.41 per share payable January 8, 2013 to shareholders of record on December 21 , 2012. Full Article
Chubb Corp Raises FY 2012 EPS Guidance
Chubb Corp announced that its fiscal 2012 operating income per share guidance is increased to a range of $6.70 to $6.80. Full Article
Chubb Corp Declares Regular Quarterly Dividend
Chubb Corp announced that it declared a regular quarterly dividend in the amount of $0.41 per share payable October 9, 2012 to shareholders of record on September 21, 2012. Full Article
Chubb Corp. Raises FY 2012 EPS Guidance
Chubb Corp. announced that for fiscal 2012, it expects operating income per share to a range of $5.70 to $5.95 from the $5.30 to $5.70 range we provided in our January 2012 guidance. Full Article
Chubb Corp. Declares Regular Quarterly Dividend
Chubb Corp. announced that the Board of Directors declared a regular quarterly dividend in the amount of $0.41 per share payable July 10, 2012 to shareholders of record on June 22, 2012. Full Article
Chubb Corp. Announces Increase In Dividend
Chubb Corp. announced that it has declared a quarterly dividend in the amount of $0.41 per share payable April 3, 2012 to shareholders of record on March 16, 2012. Full Article
Chubb Corp. Approves New $1.2 Billion Share Repurchase Program
Chubb Corp. announced that it has authorized a new share repurchase program of up to $1.2 billion of the Corporation's common stock. Purchases may be made from time to time in the open market or in privately negotiated transactions. The program has no expiration date. The Corporation's prior repurchase program, which was approved by the Board on December 9, 2010, and provided for the repurchase of up to a total of 30 million shares, has been completed. Full Article
Higher insurance rates boost Chubb's profit
- Property and casualty insurer Chubb Corp posted a stronger-than-expected 30 percent rise in quarterly profit on strong pricing and said it would continue to push for higher rates to offset weak investment returns.
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