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BUSINESS BRIEFS.(TO THE POINT)
DIVERSIFIED
Tyco shares rebounding from fall
Bargain hunters bid Tyco up more than 7% after a brutal slide to '97 levels. Tyco was down 17% early, then rallied when the firm held a conference call this morning to allay concerns. Tyco's CFO was "bullish about our long-term outlook." He said the conglomerate has sufficient funding for several months. Analysts say Tyco must move quickly to spin off its lending unit CIT to help make a $3.25 bil debt payment.
FINANCE
Merrill settlement with N.Y. close
Merrill Lynch hopes a settlement with New York's attorney general over alleged conflicts of interest between the broker's research and investment banking arms could come within a week, according to reports. The news comes as the SEC has made formal requests to about 10 major Wall Street firms for information on their research departments.
Willis Group Q1 profit rose 39%
- Chubb CEO Urges Businesses to Take Holistic Approach to Combating Attacks On...
- Press release article from: Business Wire February 27, 2002 700+ words
Business Editors WASHINGTONBUSINESS WIREFeb. 27, 2002 O'Hare Advocates Raising Cyber Risk Management to Corporate Governance Level And Supporting Legislation, Regulation & Partnerships that Encourage Information Sharing In a special address to corporate risk management and information
- Chubb CEO Says Insurance Industry Is Strong and Can Pay September 11th Claims,...
- Press release article from: PR Newswire September 26, 2001 700+ words
WASHINGTON, Sept. 26 /PRNewswire/ -- Dean R. O'Hare, Chairman and CEO of The Chubb Corporation (NYSE: CB), one of the world's leading property and casualty insurers, told Congress today that the insurance industry is strong and will be able to pay all claims resulting from the terrorist attack of
- Chubb CEO to speak at Investor Conference.
- Press release article from: PR Newswire November 8, 2000 700+ words
WARREN, N.J., Nov. 8 /PRNewswire/ -- Dean R. O'Hare, Chairman and CEO of The Chubb Corporation (NYSE: CB), will speak at Credit Suisse First Boston's Insurance Seminar on Wednesday, November 15, 2000 at 8:00 a.m. EDT at which time he will comment on the outlook for the property and casualty
- Chubb CEO Hails House Passage of PNTR for China.
- Press release article from: PR Newswire May 24, 2000 700+ words
WARREN, N.J., May 24 /PRNewswire/ -- In his capacity as a member of President Clinton's Advisory Committee for Trade Policy and Negotiations, Dean R. O'Hare, Chairman and CEO of The Chubb Corporation, has worked hard to win passage of Permanent Normal Trade Relations (PNTR) for China. Commenting on
- Chubb CEO to retire. (Hot News).(Dean O'Hare)(Brief Article)
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management May 6, 2002 700+ words
Dean O'Hare, Chubb chairman and CEO, after declaring his "pleasure" in reporting a 23 percent jump in first-quarter operating earnings, confirmed his intention to retire.
- Chubb CEO Urges Business Leaders to Take Further Steps to Protect Their...
- Press release article from: Business Wire February 6, 2002 700+ words
Business & Insurance Editors WASHINGTONBUSINESS WIREFeb. 6, 2002 Insurance Executive Calls for a Partnership Between Government And the Private Sector to Help Identify and Mitigate Potential Threats The chief executive of a major U.S. insurance company urged U.S. CEOs to take further actions to
- Chubb CEO Calls for Government-Business Partnerships to Counter Growing Cyber...
- Press release article from: Business Wire October 17, 2001 700+ words
Business Editors PARISBUSINESS WIREOct. 17, 2001 The Chubb Corporation (NYSE:CB) Chairman and CEO Dean R. O'Hare today warned governments and businesses that an attack by terrorists or hackers on the Internet could seriously damage global commerce and impede economic recovery. "Business
- Chubb CEO to Speak at Merrill Lynch Investor Conference.
- Press release article from: PR Newswire February 12, 2001 700+ words
WARREN, N.J., Feb. 12 /PRNewswire/ -- Dean R. O'Hare, Chairman and CEO of The Chubb Corporation (NYSE: CB), will speak at the Merrill Lynch Insurance Investor Conference on Thursday, February 15, 2001 at 11:25 a.m. EDT. The presentation and slides will be broadcast live over the Internet. To join