A 46% Profit Jump at a Dow Insurer — and How Much of It Was Just the Weather
Travelers posted a 46% jump in quarterly profit and core earnings that nearly doubled Wall Street’s estimate. It was a genuinely excellent quarter — but a large share of it came from something the company does not control: the weather. When a 170-year-old Dow insurer beats earnings estimates by nearly double, it is worth stopping […]
One of the Market’s Biggest One-Day Moves — and the Analyst Who Still Won’t Chase It
ManpowerGroup posted one of the market’s biggest single-day gains on a clean Q2 beat and a better-than-feared outlook. But the one analyst who moved on the news still would not chase it — and that tension is the whole story. Every so often a large, slow-moving company does something a large, slow-moving company is not […]