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Travelers Stock Jumps to Record High
Travelers’ stock soars as earnings triple despite record catastrophe losses
ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.
Travelers Stock Soars to Record
Shares in insurance company Travelers rose 9% to $264.82, a record, after investors welcomed earnings that were better-than-expected despite increased catastrophe losses. The company's stock has risen 17% over an eight-day period in which it hasn't experienced a down day.
Travelers Stock Jumps to Record High as Insurer's Profits Top Estimates
Key Takeaways The Travelers Companies shares surged to a record high Thursday after the insurer reported better-than-expected profits for the third quarter.Higher premiums across all segments and increased investment income helped drive strong bottom-line growth,
Wall Street Journal
3d
At Travelers, Higher Premiums Make Up for Catastrophe Losses
Due in large part to Hurricane Helene in September,
Travelers
' catastrophe losses rose to $939 million during its most ...
3d
Travelers' stock surge after earnings is helping push Dow futures into the green
Travelers Companies' stock was surging 5.4% toward a fresh record, to pace all of the Dow's premarket gainers. The rally was ...
2d
The Travelers Companies: Great Numbers, But Can It Keep The Momentum?
The Travelers Companies reports strong Q3 earnings, with impressive growth in net income and underwriting profitability. Read ...
1d
on MSN
Disney makes a ride change travelers are sure to like
Like other Lightning Lane passes currently offered by Disney, the premiere version will be sold independently of admission as ...
3d
Travelers' Q3 Triumph: Strong Premium Growth And Underwriting Gains Propel Massive Earnings Beat
Travelers Companies reported 12% revenue growth and core income per share of $5.24, beating consensus. Strong underwriting ...
2d
on MSN
Why Travelers Insurance Rallied Today
Travelers now trades at 16.6 times trailing earnings and about 2 times its adjusted book value per share. That's not very expensive for an insurance stock, but neither is it overly cheap. However, ...
Hoodline
3d
Travelers Alerted to Weekend H-1 Freeway Closure in Honolulu for Viaduct Project
A major road closure will impact westbound H-1 Freeway on-ramp travelers in Honolulu starting Friday night through Monday ...
1d
on MSN
Miami airport has a new check-in pod so travelers don’t have to walk as far. See details
“The modernization of this check-in area reflects our commitment to creating a seamless and stress-free journey for travelers ...
2d
How travelers can help protect the Great Barrier Reef's corals
Along Queensland’s Great Barrier Reef, curious visitors can witness an innovative new coral restoration project and help ...
1d
on MSN
For Some Wealthy Travelers, the Best Sightseeing Is Right at Home
Recently, however, wealthy travelers have become more interested in humbler experiences, ones where they’re welcomed by ...
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