Travelers News & Latest Travelers Headlines

Stocks Jump After Storm Damage Is Less Than Feared

1:15PM 8/29/2011

Goldman Sachs , American Express, Bank of America, Citigroup, Travelers, Market News

Stocks rose sharply after fears that Tropical Storm Irene would cause widespread catastrophic damage subsided along with the storm. Lowered damage estimates pushed insurance stocks higher, and utilities mostly rose after it became clear their storm-related expenses would also be below predictions.

AmTrust Financial: A Five-Star Stock That's Prepared to Pop

12:00PM 4/04/2011

By The Motley Fool

Company News, Economy, Investing, Stock Picks, Travelers, Insurance, Market News

With a high ROI and steadily increasing dividends, insurance holding company AmTrust Financial Services is poised to pay off for investors.

Massachusetts Ruling Slams Bank Foreclosure Practices

4:30PM 1/07/2011

By Abigail Field

Company News, Columns, Economy, Investing, JP Morgan Chase, Bank of America, Travelers, Wells Fargo & Co, Real Estate

The state's highest court affirmed the fundamental and long-established idea that a bank must own the mortgage it's foreclosing on before it forecloses. The ruling pertained to Wells Fargo and US Bancorp, but investors are hammering all bank financial stocks in reaction.

AIG Reaches $450 Million Settlement Over Premium Reporting Practices

8:40AM 1/07/2011

By Dawn Kawamoto

American International Group, Travelers, Hartford

American International Group will payout a $450 million settlement to seven insurance companies over allegations it under-reported workers' compensation policy premiums.

Travelers Earnings Slip and Guidance Is Lowered

7:13AM 7/22/2010

By Hugh Collins

Company News, Investing, Earnings, Travelers, Insurance, Retail, Stocks in the News

Travelers Cos. reported second-quarter earnings of $1.35 per diluted share, or $670 million. Earnings for the second quarter of 2009 were $1.27 per share, or $690 million.

The Travelers: Pull-Back Is Buy Opportunity

4:15PM 1/28/2010

By Joseph Lazzaro

Stock Picks, Travelers

The Travelers represents one of the few moderate-risk/decent growth opportunities around these days.Surprisingly, institutional investors still haven't bid-up The Travelers' share so its stock with PE of 10, looks cheap.

Cat Bond Market Pushes Past $3 Billion

1:40PM 12/21/2009

By Tom Johansmeyer

Economy, Investing, Goldman Sachs , Marsh & McLennan Cos, American International Group, Travelers

The catastrophe bond market has fully recovered.

Stocks in the news: Home Depot, Target, Exxon Mobil

9:00AM 11/17/2009

By Melly Alazraki

Company News, Economy, Investing, Home Depot, Exxon Mobil, Berkshire Hathaway, Wal-Mart Stores, Target Corp, TJX, Time Warner, Saks, Palm, Travelers

Home Depot (HD) said Tuesday that its third-quarter earnings fell 8.9% to $689 million, or 41 cents per share, as the housing and renovation markets remained weak. Revenue fell 8% to $16.36 billion. Same-store sales dropped 6.9%. Results beat estimates of 36 cents per share on revenue of $16.27...

A decade after Glass-Steagall's repeal, it's time to reverse Sandy Weill's legacy

8:40AM 11/12/2009

By Peter Cohan

Citigroup, Travelers

The Glass-Steagall Act -- a law passed in 1933 that separated investment banking from commercial banking with the aim of preventing another Great Depression -- was repealed exactly 10 years ago today at the urging of Sandy Weill so that Citicorp and Travelers (TRV) could merge and from Citigroup...

Earnings Roundup: UPS, AT&T, McDonald's, Xerox, More

11:41AM 10/22/2009

By The Associated Press

Company News, Earnings, AT&T, Bristol-Myers Squibb, Xerox, McDonald's, Travelers, Dow Chemical, UPS, Merck, Schering-Plough, 3M

Profits and sales are down for another quarter at UPS (UPS), but investors will be looking ahead to the upcoming holiday season to see if the world's largest shipping carrier - and the U.S. economy - are truly on the road to recovery. The Atlanta-based company said Thursday its net income for the...