- The Travelers Companies stock price today and history
The Travelers Companies (TRV) stock prices updated...
Please, Signup (Login) to subscribe or trade (demo)
The Travelers Companies stock price
The Travelers Companies latest news:
Insurer Travelers say it in "right spot" for cyber insurance exposure
Nov 13 (Reuters) - Travelers Companies Inc is "just
in the right spot" for managing its exposure to the cyber
insurance market, the head of its specialty insurance practice
said on Monday.
28 of 30 Dow stocks trading lower premarket
All 30 of the Dow Jones Industrial Average components have traded premarket, and 28 of them are trading lower, as Dow futures slump 107 points. The biggest percentage decliner is Nike Inc.'s stock , which dropped 1.8% after a downgrade at Goldman Sachs. The next biggest decliners were shares of Apple Inc. , which shed 1.7% after the independent cellular connection feature of its Apple Watch was abruptly cut off in China, and American Express Co. , which was shedding 1.4% after the company reported third-quarter results late Wednesday and said CEO Kenneth Chenault will step down. Of the two gainers, shares of Verizon Communications Inc. rose 2% and Travelers Cos. inched up less than 0.1%, after both companies reported better-than-expected results earlier Thursday.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Travelers' stock slips after hurricane loss estimates, suspension of buyback program
Shares of Travelers Companies Inc. fell 0.5% in morning trade Tuesday, after the insurer said it would suspend its share repurchase program as it assesses losses from Hurricanes Harvey and Irma. Late Monday, the company said it estimated catastrophe pre-tax losses relating to Harvey, including recoveries from reinsurance, in the range of $375 million to $750 million. Before temporarily suspending the share repurchase program, the company said it had spent $328 million to buy back 2.6 million shares in the current quarter. MKM Partners analyst Harry Fong reiterated his neutral rating and $130 fair value estimate on the stock, but slashed his third-quarter earnings-per-share estimate to 25 cents from $2.27 and his 2017 EPS outlook to $6.80 from $8.80. "We added in the full $750 million of [catastrophe] losses into our third-quarter estimate; that may be conservative for Harvey, but we know the company will likely have a loss as big if not bigger for Hurricane Irma," Fong wrote in a note to clients. Travelers' stock has lost 2.8% over the past three months, while the SPDR S&P Insurance ETF has edged up 0.2% and the Dow Jones Industrial Average has tacked on 2.6%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Travelers estimates pre-tax loss in range of $375 mln - $750 mln related to Hurricane Harvey
Travelers Companies Inc(TRV) - * Travelers estimates range of catastrophe losses from Hurricane Harvey. * Travelers estimates range of catastrophe losses from Hurricane Harvey. * Estimates its losses relating to Hurricane Harvey, will be in range of $375 million to $750 million pre-tax Source text for Eikon: Further company coverage:
U.S. stocks end higher; Nasdaq boosted by biotech gain
U.S. stocks ended higher on Wednesday, with the Nasdaq seeing a particular gain on the strength of biotechnology companies, while the S&P 500 closed higher for a fourth straight session. The Dow Jones Industrial Average rose 25 points, or 0.1%, to 21,890. The S&P 500 added 11 points to 2,457, a gain of 0.5%. The Nasdaq Composite Index advanced 66 points to 6,368, a rise of 1.1%. The biotechnology sector was one of the strongest of the day, with the iShares Nasdaq Biotechnology ETF up 1.9%, boosted by Gilead Sciences , which surged 7.3%, and Incyte Corp. , up 10.6%. Markets were also supported by strong economic data, including better-than-expected reads on economic growth and private-sector employment. The Dow was pressured by Travelers Companies Inc. , which fell 1%, and by Verizon Communications , which was off 0.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Thermo Fisher Scientific IncTMO
Thermon Group HoldingsTHR
Third Point Reinsurance Ltd.TPRE
THL Credit Senior Loan FundTSLF
Thompson Creek Metals Company Inc.TC
Thomson Reuters CorpTRI