Key TakeawaysThe S&P 500 advanced 0.4% on Wednesday, Aug. 14, 2024, as the latest CPI data showed inflation ticked lower during July.Shares of Progressive and Charles Schwab moved higher after the insurer and financial services firm reported strong monthly results for July.Albemarle shares sank as diminished lithium prices remain an overhang on the largest producer of the metal. Major U.S. equities indexes ticked higher as the latest Consumer Price Index (CPI) data revealed that inflation cooled slightly mo ...

MAYFIELD VILLAGE, OHIO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended July 31, 2024:  July(millions, except per share amounts and ratios; unaudited)2024Net premiums written$6,378.5Net premiums earned$6,066.1Net income$813.5Per share available to common shareholders$1.38Total pretax net realized gains (losses) on securities$62.2Combined ratio – current year 88.0                   – prior year month 90.6Average diluted equival ...

41% Growth in 340B Contract Service Revenue and Momentum in Prescription Volumes Drive Positive Cashflow from OperationsMIAMI, Aug. 14, 2024 /PRNewswire/ -- Progressive Care Inc. (OTCQB: RXMD) ("Progressive Care" or the "Company"), a personalized healthcare services and technology provider, today announced financial results for its second quarter of 2024. The Company reported second quarter revenues of approximately $13.5 million, a 17% increase compared to revenues reported in the second quarter of 2023. R ...

The Progressive Corporation (PGR) reported strong second-quarter 2024 results, wherein the top line and the bottom line beat the Zacks Consensus Estimate. Net premiums written increased 22%, driven by the strong performance of operating businesses. Combined ratio — the percentage of premiums paid out as claims and expenses — improved 850 basis points (bps) from the prior-year quarter’s level to 91.9.PGR is one of the country’s largest auto insurance groups, the largest seller of motorcycle and boat policies ...

The application was evaluated based on the positive clinical outcomes in patients treated in Germany under the named-patient programThe Regenerative Medicine Advanced Therapies designation allows Kyverna to leverage on more expedited meetings and more senior FDA leadership involvement throughout the development cycle for KYV-101EMERYVILLE, Calif., Aug. 12, 2024 /PRNewswire/ -- Kyverna Therapeutics, Inc. (Kyverna), a patient-centered, clinical-stage biopharmaceutical company focused on developing cell therap ...

The Progressive Corporation (NYSE:PGR) Q2 2024 Earnings Conference Call August 6, 2024 9:30 AM ET Company Participants Doug Constantine - Director, Investor Relations Pat Callahan - President, Personal Lines Jay VanAntwerp - Media Business Leader Dave Krew - Acquisition Experience Team Tricia Griffith - President & Chief Executive Officer Conference Call Participants Bob Jian Huang - Morgan Stanley Elyse Greenspan - Wells Fargo Mike Phillips - Oppenheimer Gregory Peters - Raymond James Josh Shanker - Bank o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-09518 THE PROGRESSIVE CORPORATION (Exact name of registrant as specified in its charter) Ohio 34-0963169 (State or other jurisdi ...

MAYFIELD VILLAGE, OHIO, July 30, 2024 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE:PGR) will host an Investor Relations event on Tuesday, August 6, 2024, beginning at 9:30 a.m. eastern time. This event, which will consist of both a conference call and webcast, is scheduled to last 90 minutes and will begin with an approximate 45-minute presentation on acquiring policies in our Direct channel, followed by a question-and-answer session with Tricia Griffith, our CEO, and John ...

MAYFIELD VILLAGE, OHIO, July 30, 2024 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE: PGR) will host an Investor Relations event on Tuesday, August 6, 2024, beginning at 9:30 a.m. eastern time. This event, which will consist of both a conference call and webcast, is scheduled to last 90 minutes and will begin with an approximate 45-minute presentation on acquiring policies in our Direct channel, followed by a question-and-answer session with Tricia Griffith, our CEO, and John ...

This stock has a long history of crushing the benchmark index and has what it takes to keep winning.The S&P 500 delivered a 15% return for investors in the first half of 2024. This is a solid return, no doubt, but the powerhouse automotive insurer Progressive (PGR 1.37%) has trounced the index, returning investors 31% in the first six months of this year.Progressive has a long history of outperformance relative to the benchmark index and is an excellent example of how high-quality businesses can provide out ...