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Y News and Press, Alleghany Corporation From 03/21/22

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Company Name: Alleghany Corporation
Stock Symbol: Y
Market: NYSE
Website: alleghany.com

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Y - AM Best Comments on Credit Ratings of Alleghany Corporation and Affiliates Following Announced Acquisition by Berkshire Hathaway Inc.

AM Best has commented that the Credit Ratings (ratings) of Alleghany Corporation (headquartered in New York, NY) (Alleghany) [NYSE: Y] and its various affiliated entities are unchanged following the announced acquisition by Berkshire Hathaway Inc. (Berkshire) [NYSE:BRK.A; BRK.B]. (P...

Y - BitNile, Hudson Capital leads financial gainers; KE, Akso Health among major losers

Gainers: BitNile (NILE) +63%, Hudson Capital (HUSN) +35%, Alleghany (Y) +25%, Eqonex (EQOS) +17%, Altisource Portfolio Solutions (ASPS) +14%. Losers: KE (BEKE) -15%, Akso Health (AHG) -13%, Maiden (MHLD) -11%, Q&K International (QK) -...

Y - Warren Buffet just disclosed his largest deal since 2016

Warren Buffet is buying Alleghany Corporation ( NYSE: Y ) for $11.60 billion – an announcement that sent shares of the insurance company up 25% on Monday. A 25% premium for Alleghany shareholders The $848.02 a share cash deal represents a 25% premium for Alleghany sto...

Y - Here's Why Alleghany Is Soaring Today

The share price of insurance company Alleghany (NYSE: Y) skyrocketed on Monday morning. As of 10 a.m. ET, the stock was up by 25% for the day, while the S&P 500 was modestly in the red. What's driving Alleghany's upward move is simple and obvious. Berkshire Hathaway ...

Y - Y Alert: Monsey Firm of Wohl & Fruchter LLP Investigating Sale of Alleghany to Berkshire Hathaway

MONSEY, N.Y., March 21, 2022 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of Alleghany Corporation (ticker: Y) (“Alleghany”) acted in the best interests of Alleghany shareholders in approving the sale of Alleghany to Berksh...

Y - Why Is Alleghany Corporation (Y) Stock Up Today?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Alleghany (NYSE: Y ) stock is up 25% today on news that Warren Buffett’s holding company, Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ), is buying the insurance business for $11.6 billion. So...

Y - Berkshire Hathaway to acquire Alleghany in a $11.6B all-cash transaction

Berkshire Hathaway (NYSE:BRK.A) and Alleghany (NYSE:Y) have entered into a definitive agreement wherein the former will acquire all outstanding Alleghany shares for $848.02/share in cash. The transaction, scheduled to close in 4Q22, represents a total equity value of ~$11.6B and a m...

Y - 3 Reasons Not to Delay Social Security

The great thing about Social Security is that actions on your part could result in a higher monthly benefit. You're entitled to a full benefit that's calculated based on your earnings record at full retirement age, or FRA. Here's what that age looks like, depending on your year of birth: ...

Y - These 5 Dividend Stocks Have Generated Double-Digit Returns for Me So Far This Year

Near the end of World War II, the legendary crooner Bing Crosby and the Andrews Sisters had a hit song that included the lyrics: You got to ac-cen-tu-ate the positive, E-lim-i-nate the negative, And latch on to the affirmative. Don't mess with Mr. In-between. Unfortunately, th...

Y - Alleghany stock gains; CEO, CFO buy shares worth $450K

Alleghany (Y +6.5%) stock edged higher after the firm disclosed that its CEO and CFO bought 685 shares worth ~$450K. President and CEO Joseph Brandon bought 585 shares at $650.05-$655 in 5 separate transactions. Brandon now holds 31.9K shares in the company. CFO Kerry J Jacobs&...

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