Aflac Is Buying a Stake in a Direct Lender, Getting a Piece of the Private Credit Boom 

The insurance giant is paying about $100 million to acquire a 40% stake in Tree Line Capital Partners.

IBM Selling Cloud Security Software to Palo Alto Networks in Broader Cyber Strategy Shift 

International Business Machines is selling its cloud-based QRadar cybersecurity software to Palo Alto Networks as the two technology companies deepen their partnership in jointly selling and developing artificial intelligence-powered security products.

Cisco Stock Jumps on Earnings. The Outlook Is Improving. 

The networking gear provider said that customers were now working through a glut of routers and switches.

Warren Buffett's Berkshire Reveals Its Mystery Stock: Chubb 

The Omaha, Neb., company began building a secret stock position in the second half of 2023.

Soros Fund Management dumps New York Community Bank stake 

Soros Fund Management eliminated its stake in New York Community Bank, a regulatory filing shows.

Bill Ackman's Pershing Square dumps stake in Lowe's, keeps Google 

Home-improvement retailers are in the spotlight as mortgage rates stay high

Appaloosa takes new stake in Boeing, sours on GM 

David Tepper's Appaloosa hedge fund took new stakes in Boeing Co. and Lyft Inc., to name a few of its fresh bets, and sold off the General Motors Co. stake it had snapped up only a few months ago, according to a filing with the Securities and Exchange Commission late Wednesday.

BlackRock Shareholders' Support for Larry Fink's Pay Passes by Small Margin 

The advisory vote passed with 58% of shareholder support, a low level that follows major proxy advisors recommending that stockholders vote against it.

Netflix to Show NFL's Two Christmas Day Games in 2024 

The streaming giant is paying about $75 million a game in what is the company's highest-profile live-sporting event

SharkNinja Wants to Take a Bite Out of New Markets 

The company, best known for its blenders and vacuums, is making a bigger push into beauty.

(END) Dow Jones Newswires

05-15-24 2115ET