Allstate Corp. Reports Estimated Catastrophe Losses For April Of $494 Mln

RTTNews | Pred 542 dňami
Allstate Corp. Reports Estimated Catastrophe Losses For April Of $494 Mln

(RTTNews) - Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of April 2024 of $494 million or $390 million, after-tax.

Catastrophe losses in April include 11 events estimated at $491 million, with approximately 80% of the losses related to four wind, hail or tornadic events.

read more
Canadian Dollar Advances After Strong Jobs Data

Canadian Dollar Advances After Strong Jobs Data

The Canadian dollar firmed against its major counterparts in the New York session on Friday, following the release of stronger-than-expected jobs data for October.
RTTNews | Pred 1 dňom
Swiss Market Settles Flat

Swiss Market Settles Flat

The Switzerland market opened on a slightly positive note Friday morning, but slipped into the red soon thereafter and then stayed weak right through the day's session, amid concerns about valuations of AI related stocks, and worries about the outlook for near term economic growth.
RTTNews | Pred 2 dňami
European Markets Close Weak On Growth Worries, Tech Valuations Concerns

European Markets Close Weak On Growth Worries, Tech Valuations Concerns

European markets closed weak on Friday, with most of the markets extending losses from the previous session, as lingering concerns about high valuations in AI-related stocks and uncertainty about the outlook for economic growth due to the US government shutdown.
RTTNews | Pred 2 dňami
TSX Slids To 1-month Low; Tech Stocks Under Pressure Again

TSX Slids To 1-month Low; Tech Stocks Under Pressure Again

The Canadian market is down firmly in negative territory a little before noon on Friday after strong jobs data raised the possibility of the Canadian central bank leaving interest rates unchanged at its next monetary policy meeting.
RTTNews | Pred 2 dňami