Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Progressive Corporation Add to portfolio

INX:PGR, Feb 22, 11:01 UTC

Latest INX:PGR News

Filter your feed

Apply Filter

Tuesday, February 18


News

Usage Based Insurance Market to See Huge Growth by 2025 : Generali, Progressive, Angbang-Insurance - Press Release

PGR

Edison, NJ -- (SBWIRE) -- 02/18/2020 -- Latest Study on Industrial Growth of Global Usage Based Insurance (Ubi) Market 2019-2025. The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. This study also covers company profiling, specifications and product picture, sales, market share and contact information of various regional, international and local vendors of Global Usage Based Insurance (Ubi) Market. Regional Analysis for Global Usage Based Insurance (Ubi) Market: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Colombia etc.)

Read Full Details

Topics:
  • Business
  • Health
  • Financial

Monday, February 03


News

Feb 03, 2020 - Sturgeon Ventures LLP Buys Apple Inc, Microsoft Corp, NVIDIA Corp, Sells Amazon.com Inc, Medidata Solutions Inc, Progressive Corp

PGR CMG +7 more PGR CMG NVDA SKX AMZN CTSH LRCX INTC MSI

Sturgeon Ventures LLP Buys Apple Inc, Microsoft Corp, NVIDIA Corp, Sells Amazon.com Inc, Medidata Solutions Inc, Progressive Corp. Investment company Sturgeon Ventures LLP (Current Portfolio) buys Apple Inc, Microsoft Corp, NVIDIA Corp, Chipotle Mexican Grill Inc, Lam Research Corp, sells Amazon.com Inc, Medidata Solutions Inc, Progressive Corp, SPDR S&P 500 ETF Trust, Facebook Inc during the 3-months ended 2019Q4, according to the most recent filings of the investment company, Sturgeon Ventures LLP. As of 2019Q4, Sturgeon Ventures LLP owns 32 stocks with a total value of $99 million. Microsoft Corp (MSFT) - 67,803 shares, 10.77% of the total portfolio. Amazon.com Inc (AMZN) - 3,122 shares, 5.81% of the total portfolio. The impact to a portfolio due to this purchase was 5.13%.

Read Full Details

Topics:
  • Business
  • Financial
News

HP and Progressive Show Value and Momentum

PGR HPQ

The stock market in the past couple of years has been a momentum market, in which rich stocks get richer and poor stocks get poorer. That may change fairly soon. But for the moment, investors would be smart to look at stocks that possess both value and momentum. Despite the run-up, HP shares sell for only 10 times earnings in a market where the average multiple is 26. Excluding intangibles such as goodwill, book value is negative $5.55 a share. So, I don't love this stock -- but I like it, and not only because of the modest valuation.

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, January 29


News

Progressive Reports December 2019 Results NYSE:PGR

PGR

1Operating results include 5 weeks of underwriting activity for December 2019 and 14 weeks for the fourth quarter 2019, for our non-Property businesses, compared to 4 weeks and 13 weeks for the same periods in 2018, respectively. Excluding the additional week of underwriting activity, companywide net premiums written growth would have been approximately 15% for the month and 13% for the fourth quarter, and net premiums earned growth would have been approximately 12% for both periods. See the “Supplemental Information” and the “Monthly Commentary” in the full release for additional discussion. Progressive is the third largest auto insurer in the country; a leading seller of motorcycle and commercial auto insurance; and through ASI, one of the top 15 homeowners insurance carriers.

Read Full Details

Topics:
  • Business
  • Financial

Monday, January 27


News

Progressive (PGR) to Report Q4 Earnings: What's in Store?

PGR

Progressive (PGR) to Report Q4 Earnings: What's in Store? It is also the largest seller of motorcycle policies, the market leader in commercial auto insurance and one of the top 15 homeowners carriers based on premiums written.Strong performing Vehicle and Property businesses are expected to have supported Personal and Commercial business lines.Progressive is also likely to have witnessed new business application growth in its bundled auto and home customers (i.e., Robinsons) in both the Agency and Direct channels.A not-so-active catastrophe environment and competitive pricing might have aided underwriting profit.Expenses are likely to have risen due to higher losses and settlement expenses plus policy acquisition costs.The Zacks Consensus Estimate for earnings is pegged at $1.18, indicating 168% increase from the year-ago quarter's reported number.What the Zacks Model SaysOur proven model does not conclusively predict an earnings beat for Progressive this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.Earnings ESP: Progressive has an Earnings ESP of -1.45%. The company is slated to announce fourth-quarter 2019 results on Feb 5.CNA Financial Corporation CNA is set to report fourth-quarter 2019 results on Feb 10.

Read Full Details

Topics:
  • Business
  • Financial

Friday, January 24


News

Jan 24, 2020 - Westwood Management Corp Buys LHC Group Inc, Lowe's Inc, Aptiv PLC, Sells Texas Instruments Inc, AptarGroup Inc, Progressive Corp

PGR BA +2 more PGR BA APH APTV

Westwood Management Corp Buys LHC Group Inc, Lowe's Inc, Aptiv PLC, Sells Texas Instruments Inc, AptarGroup Inc, Progressive Corp. Investment company Westwood Management Corp (Current Portfolio) buys LHC Group Inc, Lowe's Inc, Aptiv PLC, Boeing Co, Amphenol Corp, sells Texas Instruments Inc, AptarGroup Inc, Progressive Corp, Merck Inc, Coherent Inc during the 3-months ended 2019Q4, according to the most recent filings of the investment company, Westwood Management Corp . As of 2019Q4, Westwood Management Corp owns 71 stocks with a total value of $842 million. Microsoft Corp (MSFT) - 479,300 shares, 8.98% of the total portfolio. Amazon.com Inc (AMZN) - 40,353 shares, 8.86% of the total portfolio. Shares reduced by 2.69%New Purchase: Amphenol Corp (APH).

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, January 15


News

Megan Rapinoe: An Advocate Of All Things Progressive

PGR

Megan Rapinoe is a professional soccer player and advocate for gender equality and LGBTQAI+ rights. In her 18-year long professional career she has lead the U.S. Women’s Soccer Team into winning the 2015 and 2019 FIFA World Cups. In that same year, she signed a sponsorship deal win Mendi, a CBD brand founded by her twin sister Rachel Rapinoe. Mendi’s products are manufactured from hemp, to avoid any possible presence of THC, which can be problematic for professional athletes who are required to take routine drug tests. As a leader of Mendi’s Athlete Ambassador Program, Megan also expects to leverage the brand’s communications platform to bring consciousness to a wide array of social issues in which she is involved. For Megan, inclusion is one of the main hurdles that the cannabis industry needs to overcome to achieve a state of fairness and equality.

Read Full Details

Topics:
  • Business
  • Health
  • Financial
News

How Progressive are America’s Cities?

PGR DTRUMP

This Democratic dominance was evident in 2016, as Hillary Clinton received 85 percent of the vote in San Francisco County compared to the 9 percent that went to President Donald Trump. However, outside the walls of the Hilton Hotel in Union Square, where the DNC meeting was held, the ugly reality of living conditions in San Francisco becomes apparent. Even in the tourism center of the city, some of the nearly 10,000 homeless residents of San Francisco dwell on the streets. Other traditionally liberal cities, such as New York and Boston, have also been unable to contain the accelerating divide between the very rich and the very poor. While inequality continues to impact the underprivileged communities of these cities, local governments have made efforts to make their cities more inclusive, just, and reflective of progressive values. Coupled with incredible wealth, San Francisco also suffers from a staggering level of poverty and poor living conditions. As more start-ups and innovative tech companies set up shop in the city, bringing high paying jobs and educated young people, real estate prices continue to skyrocket. The elections of more progressive, reform-minded public officials implies a trend toward a more equitable future in these cities. However, the current situation for underprivileged communities in these cities cannot be overlooked. Until the housing crises can be resolved, the criminal justice system reformed, and educational and socio-economic inequality reduced, American cities fall short of their progressive standards.

Read Full Details

Topics:
  • Business
  • Health
  • Politics
  • Science

Thursday, December 26


News

The Progressive Corporation (PGR) vs. Top 20 Hedge Fund Stocks in 2019

PGR

It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index returns are more affected by a few outlier stocks (i.e. Of course, hedge funds do make wrong bets on some occasions and these get disproportionately publicized on financial media, but piggybacking their moves can beat the broader market on average. Our calculations also showed that PGR isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings and see the video at the end of this article for Q2 rankings). If you'd ask most market participants, hedge funds are perceived as slow, old investment vehicles of years past. While there are over 8000 funds with their doors open at the moment, We choose to focus on the moguls of this group, approximately 750 funds. These hedge fund managers administer the majority of the smart money's total capital, and by tracking their highest performing equity investments, Insider Monkey has uncovered a few investment strategies that have historically beaten the broader indices.

Read Full Details

Topics:
  • Business
  • Financial

Tuesday, December 10


News

Formerly Incarcerated People Deserve a Just Green New Deal - Progressive.org

PGR

The Green New Deal resolution now before Congress asserts that there can be no environmental justice without social and economic justice. Its proponents have promised to create quality jobs for low-income people, communities of color, and workers in fossil fuel industries. But the resolution left out one group that desperately needs a place in this new economy: people with criminal records. Congresswoman Barbara Lee, activist Van Jones and others have long pushed for the targeted creation of green jobs among communities of color, which suffer a hugely disproportionate share of environmental injustices and have borne the brunt of mass incarceration. With millions of new jobs coming, justice-involved people do not have to be pitted against, say, manufacturing or fossil-fuel workers. Whether at the local, state or national level, new environmental policies should explicitly benefit people who have suffered the most under our twisted criminal justice system.

Read Full Details

Topics:
  • Business
  • Financial
  • Science