|Bid||135.19 x 800|
|Ask||138.70 x 800|
|Day's Range||136.23 - 138.15|
|52 Week Range||128.01 - 155.09|
|Beta (5Y Monthly)||0.91|
|PE Ratio (TTM)||13.89|
|Earnings Date||Apr 15, 2020 - Apr 19, 2020|
|Forward Dividend & Yield||3.28 (2.38%)|
|Ex-Dividend Date||Mar 08, 2020|
|1y Target Est||137.59|
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), will begin its 2020 Every Second Matters series today at the University of Tennessee in Knoxville. The program raises awareness about the risks of distracted driving and explores the behaviors and technological innovations that can help keep roads safe.
Let's talk about the popular The Travelers Companies, Inc. (NYSE:TRV). The company's shares saw its share price hover...
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), today will host a Cyber: Prepare, Prevent, Mitigate, Restore® educational symposium in collaboration with the Partnership for New York City and Big I New York at the New York Stock Exchange (NYSE). The event is intended to help businesses prepare for and respond to cyber threats and will include industry-leading cybersecurity professionals from Travelers, the Federal Bureau of Investigation (FBI), the NYSE and other organizations. Speakers will address the evolving cyber risks that companies face, particularly small and midsized businesses.
The string of solid fourth-quarter earnings from the insurance industry players had a positive impact on the related ETFs that saw smooth trading over the past week.
Nasdaq's (NDAQ) Q4 results reflect growth in non-trading revenues and Corporate Services, Information Services and Market Technology segments.
Principal Financial's (PFG) fourth-quarter earnings benefit from improved performance at Retirement and Income Solution-Fee business, Principal Global Investors and U.S. Insurance Solutions segments.
Brown & Brown (BRO) fourth-quarter earnings benefit from higher commissions and fees, increased investment income and recent acquisitions.
The S&P 500 ended slightly higher and the Nasdaq eked out a record closing high on Thursday, helped by a jump in Netflix, while news about the coronavirus outbreak spreading from China and mixed earnings results kept a lid on the market. The S&P and the Nasdaq had both been trading down before news late in the session that Gilead Sciences Inc was assessing its experimental Ebola drug as a possible treatment for the virus.
Equities traded lower for most of Thursday's session amid fears of the spreading of a new strain of the coronavirus in China. Over night, the Chinese government quarantined the city of Wuhan, a metropolitan area with the population of New York and Chicago combined. Travel authorities in Macau scrapped plans for the Chinese Lunar New Year celebration. However, stocks were able to muster some momentum late in the session and close well off the lows of the day.Source: Provided by Finviz * The S&P 500 eked out a gain of 0.11% * The Dow Jones finished lower by 0.09% * The Nasdaq Composite added 0.20% * In the "you don't see this everyday" category, Boeing (NYSE:BA) was among the Dow's best-performing names today, jumping 2.8%Over the course of this week, I've been highlighting various earnings reports from Dow components and pointing today as a particularly busy day on that front. Procter & Gamble (NYSE:PG) was among the Dow's dogs, but not to be outdone, Travelers Companies (NYSE:TRV) tumbled 5% after its earnings report. That easily made the insurance company the worst-performing name in the Dow Jones today.Not to diminish the importance of Procter & Gamble and Travelers, but they aren't the biggest names in the Dow and the blue-chip index was able to mitigate losses due to contributions from Boeing and some of its other larger components, including some tech stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn late trading, 13 of the 30 Dow members were in the green. Boeing: Believe ItBoeing has been an easy mark for negative commentary in recent months and the company is to blame for that. However, for one day at least, the stock got going in the right direction. Boeing CEO David Calhoun still has plenty of work to do to restore airlines' and employees' confidence -- it's going to be a long road on both fronts -- but it appears the new CEO is at least being forthright about where the company is at today. * 7 Healthcare Stocks With 100% Street Support In comments out Wednesday, Calhoun said there isn't a chance that the 737 Max passenger will never fly again."Even the [Federal Aviation Administration] has a lot of confidence in this airplane," he said.He expects production of the controversial jet will restart over the next couple of months, but efforts to get the plane in the sky again revolve around the FAA making that call and pilots regaining faith in the safety of the plane. Microsoft on the Prowl?Microsoft (NASDAQ:MSFT) hasn't been mentioned here in a bit, but there's good reason to change that today and not just because the stock was among the Dow winners.As is often noted in relation to Microsoft, through its Azure unit, the company is increasingly a dominant force in the cloud computing market. To Microsoft's credit, much of Azure's rapid growth has been organic, but sometimes bolt-on acquisitions help, too.In a note to clients today, Piper Sandler analyst Brent Bracelin highlighted a slew of companies Microsoft could acquire to bolster its cloud unit. It's speculative at this point, but all of the ideas with the exception of one would be easily digestable for Microsoft. More EarningsIntel (NASDAQ:INTC) reports earnings today after the close. Given how much the stock has run up in recent days coupled with the tepid reaction to Texas Instruments (NASDAQ:TXN) fourth-quarter results, some caution with Intel may be warranted over the near-term though the stock was one of the better Dow performers today. * 10 Recession-Resistant Services Stocks to Buy American Express (NYSE:AXP) nudged higher today in advance of its fourth-quarter report Friday before the bell. Analysts expect the credit card company to earn $2.01 a share on revenue of $11.37 billion for the December quarter, compared with earnings of $2.32 on revenue of $10.47 billion last year. Bottom Line on the Dow Jones TodayWith earnings season moving along, here's an interesting negative/positive (N/P) ratio that may not be getting enough attention."For 19Q4, there have been 77 negative EPS pre-announcements issued by S&P 500 corporations compared to 35 positive, which results in an N/P ratio of 2.2 for the S&P 500 Index," according to Refinitiv. That sounds bad, but that 2.2 is below the long-term average of 2.7.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Stocks That Cautious Investors Should Sell Now * 7 Healthcare Stocks With 100% Street Support * 3 Chinese Stocks to Buy, Sell, or Play from Either Side The post Dow Jones Today: Coronavirus in Focus, But Doesn't Derail Stocks appeared first on InvestorPlace.
DOW UPDATE Shares of Travelers and Nike are seeing declines Thursday afternoon, dragging the Dow Jones Industrial Average into negative territory. The Dow (DJIA) was most recently trading 16 points (0.
Wall Street struggled for direction on Thursday as investors digested mixed earnings and developing news about the coronavirus outbreak emanating from China. Health officials in China put millions of people on lockdown in efforts to contain a coronavirus outbreak that has so far claimed 18 lives, but the World Health Organization (WHO) announced it was "a bit too early" to declare the virus a global health emergency. Additionally, a spate of earnings reports, while beating Street estimates in many cases, have failed to impress investors.
U.S. stock indexes fell on Thursday, as mounting worries over a coronavirus outbreak in China and disappointing corporate earnings prompted investors to hit the brakes after a strong start to the year. China put millions of people on lockdown in two cities at the epicentre of the outbreak that has killed 17 people and infected nearly 600. Fears of the fast-spreading coronavirus hitting the global economy have knocked world stock markets off record highs this week, while early earnings reports have brought few surprises to investors.
Two analysts asked about Travelers' exposure to child sex-abuse lawsuits, as Wall Street tries to figure out how much decades-old policies for churches, non-profits and other organizations may cost the insurance industry. The sex-abuse claims are being spurred by lawsuits filed in response new statues in a number of U.S. states that waive or eliminate time limits for plaintiffs to sue their alleged abusers and institutions where they worked. As claims against such institutions have piled up, defendants have been leaning on insurance policies they bought as far back as the 1940s to offset mounting costs.
DOW UPDATE Shares of Travelers and Walt Disney are seeing declines Thursday afternoon, sending the Dow Jones Industrial Average into negative territory. Shares of Travelers (TRV) and Walt Disney (DIS) have contributed to the blue-chip gauge's intraday decline, as the Dow (DJIA) was most recently trading 90 points lower (-0.
U.S. stock indexes fell on Thursday, as mounting worries over a coronavirus outbreak in China, disappointing corporate earnings and weakness in financial stocks prompted investors to hit the brakes after a strong start to the year. China put on lockdown two cities at the epicentre of the outbreak that has killed 17 people and infected nearly 600 amid fears the transmission rate will accelerate as hundreds of millions of Chinese travel for the Lunar New Year holidays. Fears of the fast-spreading coronavirus hitting the global economy have knocked world stock markets off record highs this week, even as U.S. earnings reports so far have mostly been in line with expectations.