Assurant shares could double-Barron's
NEW YORK, June 25 Insurer Assurant Inc's shares could double because it is emphasizing fee-based businesses while lowering its exposure to its riskier underwriting business, according to a report in Barron's.
Jan 12 Wells Fargo Advisors, a unit of Wells Fargo & Co, said on Thursday it has promoted four executives to new leadership positions.
The firm promoted Richard Getzoff as head of Advisor Led East, John Alexander as head of Advisor Led West.
It also promoted Heather Hunt-Ruddy as head of client experience and growth and Erik Karanik as head of operations and branch infrastructure.
All four will report to David Kowach, president and head of Wells Fargo Advisors. (Reporting by Divya Grover in Bengaluru)
June 25 Nestle SA, is being targeted by activist investor Daniel Loeb's hedge fund Third Point LLC, Bloomberg reported, citing people familiar with the matter.