Deputy editor of the Wall Street Journal's MoneyBeat blog. San Francisco Giants fan. Enchilada maker. Amateur cat behaviorist.

In Ace-Chubb Deal, Another Greenberg’s Empire Grows

blogs.wsj.com — The news that insurer ACE Ltd. has agreed to buy Chubb Corp. in the largest insurance deal in history shines the spotlight on a colorful and candid insurance-industry veteran with a notable pedigree. ACE Chairman and Chief Executive Evan Greenberg is the son of Maurice R.

Market Reaction to the Fed in 4 Charts

blogs.wsj.com — There was little new in the Federal Reserve's latest policy statement, but what new information there was largely confirmed what traders were expecting: A rate hike or two is on the table this year, but Fed officials sound cautious about the economy, lowering their 2015 growth outlook and nudging down rate projection for 2016 and 2017.

Wingstop Takes Flight After IPO, But Skies Ahead Are Cloudy

blogs.wsj.com — Wingstop Inc. is taking flight. Whether it can stay airborne is another question entirely. The chicken-wing chain was soaring at mid-day on Friday, up nearly 60%, after its initial public offering Thursday night. The stock priced at $19 per share and has so far traded as high at $31.99 in its first day on the Nasdaq, where Chief Executive Charles Morrison opened trading this morning.

Going-Private Bids Flood in for Chinese Firms Languishing on U.S. Exchanges

blogs.wsj.com — If you've been following the M&A news lately, it's been a case of déjà vu all over again. And again. And again. Just since Tuesday morning, four U.S.-listed Chinese companies have issued statements about takeover approaches. All four have involved management buyout offers.

AIG May ‘Spread Some Luvin’ to Shareholders

blogs.wsj.com — American International Group Inc. surprised investors this week by selling a larger-than-expected slug of its shares in aircraft-leaser AerCap Holdings NV. Now AIG needs to decide what it plans to do with the money. On Monday, AerCap announced that AIG planned to sell 50 million shares in a stock offering to the public-an amount equivalent to 24% of AerCap's outstanding stock.

Three Reasons MetLife Won’t Break Up

blogs.wsj.com — For MetLife Inc., breaking up is hard to do. That's the verdict from Morgan Stanley insurance analyst Nigel Dally, anyway. He writes in a note to clients Friday that the idea of breaking up the company is essentially a non-starter because of the challenges involved.

Apple’s Path to $1 Trillion: China Will Soon Be Its Biggest Market, FBR Says

blogs.wsj.com — Apple Inc. is white-hot in China. One analyst says it's going to get even hotter. Daniel Ives of FBR Capital Markets on Monday predicted that China will become Apple's biggest market by revenue in two years, and urged clients to buy the stock before other investors figure out just how well the company is poised to perform there.

Scenes from Omaha: Ping-Pong, Pets and More from the Berkshire Meeting

blogs.wsj.com — With ping-pong, newspaper-tossing, a footrace, and celebrities galore, the annual shareholder meeting Warren Buffett hosts in Omaha, Neb. each year is far different from the staid events most companies hold. The widely attended affair brings people from every U.S. state and dozens of foreign countries - from Kazakhstan to Kenya, Thailand to Turkey.

7 Takeaways From the Berkshire Hathaway Annual Meeting

blogs.wsj.com — After five hours of questions in front of an overflowing crowd, Warren Buffett has closed down the latest shareholder meeting of Berkshire Hathaway Inc. Attendance was expected to top 40,000, setting a new record, in part because this year was a celebration of Mr. Buffett's 50 years at the helm of the sprawling conglomerate.

Berkshire Hathaway Shareholders Pepper Warren Buffett With Some Hard Questions

wsj.com — The festivities around Berkshire Hathaway Inc.'s annual meeting kicked off early Saturday morning with shareholders being greeted by a parade of steers and a Wells Fargo & Co. stagecoach as they waited in line for the doors to open.
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Jul 03, 2015

RT @PreetaTweets: Reinsurance, long the fuel of Berkshire Hathaway's expansion, is no longer "lucrative," says Ajit Jain. Find out why: on.wsj.com/1ISUJO6

Jul 02, 2015

@GregBensinger Don't worry. He'll end up in another city. But God knows he won't walk there.

Jul 02, 2015

Here’s an important reminder: June’s initial jobs reading is often overstated. blogs.wsj.com/moneybeat/2015… pic.twitter.com/OSGMqtPcL3

Jul 01, 2015

Jeez. The analysts tracking the insurance industry are going NUTS over this Ace-Chubb deal $CB on.wsj.com/1CaIcbW pic.twitter.com/CwbP0z8ewl

Jul 01, 2015

Check out the @lesliescism Q&A with ACE's Evan Greenberg: "This deal is being done on the offensive" on.wsj.com/1ItrUf6 $CB

Jul 01, 2015

All the big insurers are way up on the ACE-Chubb deal. $HIG up 5%, $CINF up nearly 4%. on.wsj.com/1f1g5l6 pic.twitter.com/X2Nu2xqqsj

Jul 01, 2015

Meet Evan Greenberg, the ACE exec who just pulled off one of the biggest insurance deals in history on.wsj.com/1INF02M

Jun 30, 2015

The mutual fund with the biggest exposure to Puerto Rico had nearly half its assets in the island's muni bonds. Ouch. on.wsj.com/1HsvhSP

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