Progressive Corp.

progressive corp. - All News and Analysis

• The Progressive Corporation Q3 2008 (Qtr End 09/30/08) Earnings Call Transcript

  Seeking Alpha - 2008-11-12

  Question-and-Answer SessionOperator Operator Instructions Your first question comes from Jay Gelb – Barclays Capital Jay Gelb – Barclays Capital Progressive’s financial leverage is above its long-term target and excess capital appears to have been eroded as the result of investment marks. Under what scenarios might Progressive need to raise...

  Tags: Barclays Plc., Call Transcript, Capital, Earnings, Financial Accounting, Finance, Seeking Alpha, Progressive Corp.

• Progressive's Clever Marketing Strategy

  Seeking Alpha - 2008-09-22

  Rafael Grillo submits: Amidst jittery financial markets and government bailouts, the average Joe is still facing tough economic times and looking for ways to save money. In continuing with the discussion initiated in my post “May you live in interesting times”, we are looking for the companies that are building...

  Tags: Progressive Corp., Financial

• Dividend Aristocrats Handily Outperforming Main Indexes in 2008

  Seeking Alpha - 2008-08-31

  David I. Templeton submits: Three of the major U.S. domestic indexes (Dow Jones Industrial Average, S&P 500 Index & Nasdaq Composite Index) had a positive return for the month of August. However, the S&P's Dividend Aristocrats did outperform the three aforementioned benchmarks in August and YTD through August 29, 2008.Nasdaq...

  Tags: US Market, Abbott Laboratories Inc., Archer Daniels Midland Co., Automatic Data Processing Inc., AFLAC Inc., Air Products & Chemicals Inc., Avery Dennison Corp., BB&T Corp., C. R. Bard Inc., Becton, Dickinson and Co., Anheuser-Busch, Chubb Corp., Clorox Co., CenturyTel, Dover Corp., Consolidated Edison Inc., Family Dollar Stores Inc., Gannett, General Electric Co., W. W. Grainger Inc., Johnson Controls Inc., Johnson & Johnson, Kimberly-Clark Corp., Coca-Cola Co., Leggett & Platt Inc., Eli Lilly & Co., Lowe's Companies Inc., McDonald's Corp., McGraw-Hill Companies, 3M Co., M & T Bank Corp., Nucor Corp., Pitney Bowes Inc., PepsiCo, Pfizer Inc., Procter & Gamble Co., Progressive Corp., PPG Industries, Rohm & Haas Co., Sherwin-Williams Co., Singapore Airlines, Questar Corp., Stanley Works, Integrys Energy Group Inc., Target Corp., VF Corp., Walgreen Co., Wal-Mart Stores Inc., William Wrigley Jr. Co., Exxon Mobil Corp.

• PFI: PowerShares Dynamic Financials Outperforms Its Peers

  Seeking Alpha - 2008-08-29

  Don Dion submits: After a mixed round of earnings this summer and ongoing uncertainty about valuation, the financial sector remains plagued with enough speculation to keep many investors on the sideline. As more financial institutions are added to the “probation list” of U.S. regulators, investors have become more...

  Tags: Financial, ETF, Allstate Corp., Ameriprise Financial Inc., Ameritrade Holding Corp., Aon Corp., Bendigo Bank, Franklin Resources Inc., Northern Trust Corp., Progressive Corp., Prudential Insurance Company of America, State Street Corp., Travelers Companies Inc.

• Sequoia Fund Reopens After 26 Years: A Look Inside

  Seeking Alpha - 2008-08-18

  Warren Buffett is best known as the Chairman of Berkshire Hathaway (BRK.A)(BRK.B) and one of the richest men in the world. He is easily the greatest investor of the 20th century, if not of all time. Since 1965, he’s produced average annual gains of 21%. Put another way, a mere...

  Tags: US Market, Bed, Bath & Beyond Inc., Fastenal Co., Idexx Laboratories Inc., Mohawk Industries Inc., Martin Marietta Materials Inc., Progressive Corp., Target Corp., TJX Companies Inc.

• Dividend Investment Myths

  Seeking Alpha - 2008-08-12

  Dividend Inc. submits: There is a commonly told myth that says that companies that pay a dividend misallocate funds that could be used to generate new revenue or grow the company. According to this myth the lack of growth in the company will keep the stock's price low...

  Tags: Seeking Alpha, ABM Industries Inc., Alberto-Culver Co., Avon Products Inc., Briggs & Stratton Corp., Badger Meter Inc., Brady Corp., Anheuser-Busch, Cato Corp., Diebold Inc., Dover Corp., Family Dollar Stores Inc., Franklin Electric Co. Inc., Federal Signal Corp., H. B. Fuller Co., General Dynamics Corp., Gorman-Rupp Co., W. W. Grainger Inc., Harley-Davidson Inc., Helmerich & Payne Inc., H&R Block Inc., Hilb Rogal & Hobbs Co., Haverty Furniture Cos. Inc., Quaker Chemical Corp., Leggett & Platt Inc., La-Z-Boy Inc., McDonald's Corp., MDU Resources Group Inc., McGrath RentCorp, McGraw-Hill Companies, McCormick & Co. Inc., Mine Safety Appliances Co., Myers Industries Inc., NACCO Industries Inc., Nordson Corp., Owens & Minor Inc., Progressive Corp., Pentair Inc., Praxair Inc., Raven Industries Inc., RLI Corp., Rohm & Haas Co., Roper Industries Inc., Stepan Co., Singapore Airlines, Teleflex Inc., Tootsie Roll Industries Inc., Trustmark Corp., Universal Corp., Valspar Corp., Vulcan Materials Co., Wal-Mart Stores Inc., West Pharmaceutical Services Inc., Wolverine World Wide Inc., William Wrigley Jr. Co.

• Where Is the Growth in Vehicle Insurance?

  Seeking Alpha - 2008-08-07

  Compete submits: Recently, Compete posted a blog interview with Jon Swallen, SVP of Research for TNS Media Intelligence. In the blog, Jon details the state of the auto insurance market, which included his view on growth opportunities within car & other vehicle insurance. Jon specifically addressed the growing importance...

  Tags: Financial, Allstate Corp., Nationwide Financial Services Inc., Progressive Corp.

• The Progressive Corporation Announces 2008 Investor Relations Meeting

  - 2008-06-04

  MAYFIELD VILLAGE, Ohio -- The Progressive Corporation announced today that it will host a simultaneous webcast of its 2008 Investor Relations Meeting on Thursday, June 12, 2008, beginning at 9:00 a.m. eastern time. The meeting will last approximately three hours and will include a question and answer session following the...

  Tags: investor relations, Progressive Corp.

• Progressive Recommends Rejection of Below-Market "Mini-Tender Offer"

  - 2008-04-28

  MAYFIELD VILLAGE, Ohio -- The Progressive Corporation (NYSE: PGR) today said it has become aware of a "mini-tender offer" by TRC Capital Corporation TRC to purchase up to 5 million shares of Progressive's common stock at a price of $16.60 per share. Progressive cautions its stockholders that TRC's unsolicited offering...

  Tags: Progressive Corp.

• A home run.(BRANDING)(The Progressive Corp. change its name to Progressive Field)(Brief article)

  - 2008-03-01

  [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED]

  Tags: branding, Progressive Corp.

• Progressive Corporation Investor Relations Call Transcript

  Seeking Alpha - 2008-02-29

  Question-and-Answer SessionOperator Operator Instructions Our first question is from Meyer Shields. Meyer Shields - Stifel Nicolaus Thanks. Good morning. When we talk to agents, I guess, it's not uncommon for them to say that they look at Progressive primarily for non-standard auto placements. I was hoping you could tell...

  Tags: Progressive Corp.

• The Progressive Corporation Announces Investor Relations Conference Call

  - 2008-02-21

  MAYFIELD VILLAGE, Ohio -- The Progressive Corporation announced today that it will host a one-hour conference call on Friday, February 29, 2008, beginning at 9:30 a.m. eastern time. Note that the call will begin one half hour later than the previously announced time. Progressive expects to file its Annual Report...

  Tags: investor relations, Progressive Corp.

• A.M. Best Affirms Ratings of The Progressive Corporation and Its Subsidiaries

  - 2008-02-19

  OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength ratings FSR of A+ Superior and the issuer credit ratings ICR of "aa" of the Progressive Agency Pool, Progressive Direct Pool and Progressive Commercial Auto Group collectively known as Progressive and their respective members. In addition, A.M. Best has...

  Tags: A.M. Best Co., Progressive Corp.

• The Progressive Corporation Announces Investor Relations Conference Call

  - 2007-10-25

  MAYFIELD VILLAGE, Ohio -- As previously announced, The Progressive Corporation will host a one-hour conference call on Friday, November 2, 2007, beginning at 9:00 a.m. eastern time. On November 1, 2007, Progressive will file its third quarter 2007 Quarterly Report on Form 10-Q with the Securities and Exchange Commission and...

  Tags: investor relations, Progressive Corp.

• The Progressive Corporation Announces Investor Relations Conference Call

  - 2007-07-26

  MAYFIELD VILLAGE, Ohio -- As previously announced, The Progressive Corporation will host a one-hour conference call on Friday, August 3, 2007, beginning at 9:00 a.m. eastern time. The Company's second quarter 2007 Quarterly Report on Form 10-Q will be filed with the Securities and Exchange Commission on August 2, 2007....

  Tags: Company, investor relations, Progressive Corp.

• A.M. Best Assigns Debt Rating to The Progressive Corporation's Junior Subordinated Debentures

  - 2007-06-21

  OLDWICK, N.J. -- A.M. Best Co. has assigned a debt rating of "bbb+" to The Progressive Corporation's Progressive (Mayfield Village, OH) [NYSE:PGR] $1.0 billion offering of junior subordinated debentures. The junior subordinated debentures are fixed-to-floating rate and have a scheduled maturity of 30 years with a final maturity of 60...

  Tags: A.M. Best Co., Progressive Corp.

• The Week: June 11 - 17.(The Insider)

  - 2007-06-18

  The big story: Franklin & Seidelmann Subspecialty Radiology of Beachwood received a $25 million investment from venture capital firm Oak Investment Partners. The provider of teleradiology services will use the money to expand its product offering The big story: Franklin & Seidelmann Subspecialty Radiology of ...

  Tags: board, Progressive Corp.

• Fitch Rates Progressive's $1B Junior Subordinated Debentures 'A'

  - 2007-06-18

  CHICAGO -- Fitch Ratings has assigned an 'A' rating to The Progressive Corporation Progressive(NYSE:PGR) $1 billion 6.70% junior subordinated debentures. Fitch has taken no rating action on the 'AA-' Issuer Default Rating IDR and 'A+' senior debt ratings of Progressive and the 'AA+' Insurer Financial Strength IFS rating of Progressive's...

  Tags: Progressive Corp.

• The Progressive Corporation Announces Recapitalization Plan, Including Extraordinary Cash Dividend and Share Repurchase Authorization

  - 2007-06-14

  MAYFIELD VILLAGE, Ohio -- The Progressive Corporation (NYSE:PGR) today announced that its Board of Directors approved a recapitalization plan for the Company, including the following components:

  Tags: Progressive Corp.

• The Progressive Corporation Announces Webcast of 2007 Investor Relations Meeting

  - 2007-06-06

  MAYFIELD VILLAGE, Ohio -- The Progressive Corporation announced today that it will host a simultaneous webcast of its 2007 Investor Relations Meeting on Thursday, June 14, 2007, beginning at 9:00 a.m. eastern time. The meeting will last approximately three hours and will include a question and answer session following the...

  Tags: investor relations, Progressive Corp., Webcast

• Incorporated: 1965
• CEO: Mr. Glenn M. Renwick