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Stock Market & Financial Investment News

News Breaks
February 27, 2014
06:38 EDTAON, TWAT&T picks AON retiree exchange over Towers Watson, says Deutsche
Deutsche Bank says AT&T (T) has picked AON Hewitt’s (AON) retiree exchange based on a letter from the CWA union to its retirees. Deutsche believes Towers Watson (TW) is no longer the clear leader in retiree exchanges, but points out AON Hewitt has strong existing relationships with AT&T. The firm lowered its price target for Towers Watson shares to $120 from $125 to reflect reduced estimates for exchange services and keeps a Buy rating on the stock.
News For TW;AON From The Last 14 Days
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February 24, 2015
16:34 EDTTWTowers Watson to delist from NYSE, single list with Nasdaq
Towers Watson announced that it has chosen to voluntarily delist its common stock listed on the New York Stock Exchange. This is expected to occur at the close of trading on March 12. Towers Watson will continue its listing with the NASDAQ Stock Market, with trading as a single-listed company expected to begin on the next business day, March 13. Towers Watson’s common stock is already listed on NASDAQ, and will continue to trade under the current ticker symbol “TW.” This action will also reduce administrative costs related to maintaining a dual exchange listing, the company said.

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