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Allstate Corp. Reports Estimated Catastrophe Losses For March Of $328 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of March 2024 of $328 million or $259 million, after-tax. Total catastrophe losses for the first quarter were $731 million, pre-tax.
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513 일 전
Ally Financial Q1 Results Top Estimates
Ally Financial Inc. (ALLY), a bank holding company, reported Thursday that first-quarter net income attributable to shareholders decreased to $129 million or $0.42 per share from $291 million or $0.96 per share in the year-ago quarter.
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513 일 전
Iridium Reiterates FY24 Service Revenue Growth Outlook - Update
While reporting financial results for the first quarter on Thursday, Iridium Communications Inc. (IRDM) reiterated its total service revenue growth guidance for the full-year 2024.
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513 일 전
D R Horton Boosts FY24 Outlook - Update
While reporting financial results for the second quarter on Thursday, home builder D R Horton Inc. (DHI) raised its revenue and homes closed guidance for the full-year 2024, based on current market conditions and the Company's results for the first half of the year.
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513 일 전
US To Grant $6.1 Bln To Micron To Advance Chip Production
The U.S. Commerce Department is preparing to fund $6.1 billion to US chip maker Micron Technology Inc. as part of the Government's plan to boost domestic semiconductor production, Bloomberg reported citing people familiar with the matter. The award is yet to get final approval, and will be revealed next week. In pre-market activity on the Nasdaq, Micron shares were gaining around 2 percent.
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513 일 전
Sensex, Nifty Extend Losses For Fourth Day
Indian shares extended losses for a fourth day running on Thursday due to heightened tensions in the Middle East and concerns about the outlook for U.S interest rates.
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513 일 전
Eurozone Construction Output Rises For Third Month
Euro area construction output grew for a third straight month in February and at a stronger pace, mainly led by civil engineering works and rebound in building construction, preliminary data from the statistical office Eurostat showed Thursday. Construction output rose a calendar and seasonally adjusted 1.8 percent month-on-month following a downwardly revised 0.2 percent gain in January.
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513 일 전
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European Shares Gain On Hopes Of ECB Rate Cut
European stocks eked out modest gains on Thursday as soft eurozone inflation data for March booted hopes for an ECB rate cut in June.
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513 일 전
FTSE 100 Edges Higher In Cautious Trade
U.K. stocks were slightly higher on Thursday as investors kept a close eye on developments in the Middle East and awaited comments later today from Bank of England policymaker Megan Greene for further clues on when the central might lower interest rates.
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513 일 전
ABB Stock Up On Higher Q1 Opn. EBITA, Boost In FY24 Margin View
Shares of ABB Ltd. were gaining around 6 percent in the morning trading in Switzerland after the Swiss engineering company on Thursday reported higher Operational EBITA, a key earnings metric, in its first quarter. Meanwhile, net profit and orders were lower and revenues were nearly flat. The company said its order intake for the first quarter was better than expected.
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513 일 전
CAC 40 Rises On Rate Cut Hopes
French stocks advanced on Thursday as soft eurozone inflation data for March booted hopes for an ECB rate cut in June.
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513 일 전
DAX Marginally Higher In Cautious Trade
German stocks edged up slightly in cautious trade on Thursday despite the S&P 500 and the Nasdaq Composite logging a fourth straight day of losses overnight.
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513 일 전
Asian Shares Gain As Dollar And Yields Ease
Asian stocks rose broadly on Thursday, as the dollar and U.S. Treasury yields retreated from recent highs and Taiwan Semiconductor Manufacturing Corp, the world's largest producer of advanced processors, clocked a stronger-than-expected first-quarter profit on strong AI chip demand.
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513 일 전
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