Asset Allocation
Microsoft Threatens Apple’s Market Cap Supremacy
Both once seen as has-beens, the two tech giants draw closer as the software firm picks up speed.
Tag: share price
Corporate Moves
Aon to Sell US Retirement and Retiree Health Businesses in $1.4 Billion Deal
The firm is seeking regulatory approval from the US DOJ for its heavyweight merger with Willis Towers Watson by divesting parts of its business.
Risk
Citigroup Targeted by Lawsuit from Florida City Pension in Revlon Mess
The bank’s $900 million mistaken payments to Revlon creditors have harmed its stock, which the retirement system and others are invested in, suit says.
Research
Boeing Is Now a Conviction Buy, Says Goldman Sachs
Despite continued woes, the aerospace giant should do well in a post-virus world, when plane deliveries resume and the 737 Max is flying, the bank contends.
Risk
New York Comptroller and Colorado Pension Fund Named Lead Plaintiffs in Boeing Suit
The two collectively hold around $200 million in shares in Boeing, which they charge with ignoring safety issues around the 737 MAX for years.
Corporate Moves
Aon Buys Willis Towers Watson in $30 Billion All-Stock Deal
The transaction will form the biggest insurance broker in the world.