Trump $175 Million Bond Arranged by Billionaire Supporter's Firm [BNN Bloomberg (Canada)]
Chubb Limited (CB)
Last chubb limited earnings: 4/21 04:05 pm
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Source: BNN Bloomberg
president's $175 million appeal bond in New York state's civil fraud suit, though he said politics had nothing to do with it. Don Hankey, whose fortune stems from car dealerships, real estate investments and financial services, is chairman of Knight Specialty Insurance Co., which posted Trump's bond on Monday, three days before a court-imposed deadline. The bond gives Trump a lifeline by putting a $454 million judgment on hold while he appeals. Hankey said Knight reached out to Trump's team to offer its services after hearing about the former president's well-documented trouble arranging a bond, which was initially set at 120% of the judgment, or about $540 million. The appeals court lowered the bond to $175 million after Trump said he didn't have enough cash. “I heard they were looking for somebody and this is what Knight insurance does,” Hankey, whose net wealth is estimated at $7.4 billion by Forbes magazine, said in an interview. “We have the liquidity and I'm just happy to
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News
- Chubb Limited (NYSE: CB) had its price target lowered by analysts at Royal Bank of Canada from $295.00 to $285.00. They now have an "outperform" rating on the stock.MarketBeat
- Chubb Limited: Where Impressive Becomes The New Norm [Seeking Alpha]Seeking Alpha
- Chubb Report: Damage During Home Renovations and from Extreme Weather are Top Concerns of U.K. High EarnersPR Newswire
- Chubb Limited (NYSE: CB) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Chubb's (CB) Q1 Earnings Top Estimates, Premiums Rise Y/Y [Yahoo! Finance]Yahoo! Finance
CB
Earnings
- 4/23/24 - Beat
CB
Sec Filings
- 4/26/24 - Form 10-Q
- 4/26/24 - Form 4
- 4/24/24 - Form DEFA14A
- CB's page on the SEC website