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Stock Market & Financial Investment News

News Breaks
August 6, 2014
09:23 EDTTRVTravelers weakness creates buying opportunity, says Argus
After Travelers reported lower than expected Q2 EPS, Argus thinks the company's long-term profitability trends are positive, while its recent quarterly results have improved. The firm keeps a $110 price target and Buy rating.
News For TRV From The Last 14 Days
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August 4, 2015
16:34 EDTTRVTravelers says Alan Schnitzer to succeed Jay Fishman as CEO
The Travelers Companies announced that Alan Schnitzer will succeed Jay Fishman as CEO, effective December 1, and has been appointed to the company's board of directors, effective the same date. Fishman will become Executive Chairman following Schnitzer's assumption of the CEO role. Fishman said, "Alan is the ideal executive to lead Travelers into its next chapter...While the physical symptoms of my neuromuscular condition continue to progress, I am committed to actively engage as our Executive Chairman and am pleased to continue supporting Alan and the rest of our outstanding senior team."
16:32 EDTTRVTravelers CEO Jay Fishman to step down, to be succeeded by Alan Schnitzer

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