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

RTTNews | Pred 546 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.

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Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note on Thursday, tracking earnings updates, and commodity prices. The end to the U.S. government shutdown following President Donald Trump signing a short term bill is likely to aid sentiment.
RTTNews | Pred 3 h 54 min
European Stocks Pare Early Gains As Markets Digest Earnings, Economic News

European Stocks Pare Early Gains As Markets Digest Earnings, Economic News

European stocks gave up early gains and are broadly lower Thursday afternoon as investors look ahead to some crucial economic data following the longest federal government shutdown in U.S. history coming to an end after President Donald Trump signed a funding package.
RTTNews | Pred 4 h 19 min
Disney Q4 Profit Beats Street, Revenues Miss; Sees Adj. EPS Growth, Plans $7 Bln Buyback; Stock Down

Disney Q4 Profit Beats Street, Revenues Miss; Sees Adj. EPS Growth, Plans $7 Bln Buyback; Stock Down

Shares of Walt Disney Co. were losing around 4 percent in the pre-market activity on Thursday after the media and entertainment major reported nearly flat revenues in its fourth quarter below market estimates, even though profit beat the Street. Further, the firm said it expects double digit year-over-year growth in adjusted earnings per share for fiscal 2026 and 2027, and targets doubling share
RTTNews | Pred 4 h 32 min