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Seed-stage fintech disrupting rental industry with rent reporting platform, $1M revenue mark AUSTIN, TX / ACCESSWIRE / June 6, 2023 / Boom , the leading rent reporting platform, has just announced their $4.5M Seed round, led by Starting Line with notable investments from Clocktower Ventures, Company Ventures, Gilgamesh Ventures, and Plaid Co-Founders William Hockey and Zach Perret. With this infusion of capital, Boom is set to revolutionize the renting experience for millions of Americans across the country. "Starting Line invests in products that make life better and more affordable for the 99%. Using Boom''s unique software-based solution, which is dramatically less expensive than competing products, nearly any American can now affordably improve their credit through rental reporting. Boom''s long term mission is to make the growing trend of renting, the most flexible, affordable and rewarding way to live and I''m excited for their next products that make life even happier for renters", said Starting Line partner Ezra Galston.

Ordinarily, a blisteringly hot jobs report wouldn’t inspire discussions about stocks to buy before crash. Essentially, the latest employment readout suggested that more money chases after fewer goods. On the surface, that’s inflationary, not deflationary as a equities sector crash would imply. Still, the devil may be in the details. At the most basic level, a hot jobs figure represented exactly what the Federal Reserve didn’t want to hear. Sure, it may decide to pause its interest rate hike campaign regardless. However, if circumstances continue to accelerate like they have, the Fed may have little choice but to go aggressively hawkish. Of course, such a policy would risk a deflationary outcome, which may incentivize secure stocks during market crash. Finally, the jobs report wasn’t completely good news, which printed fewer hours worked per week and hourly wage growth dipping. Combined with consumers spending less , a downturn isn’t out of the question. Below are ideas to consider for safe investments during market volatility.

Progressive (NYSE: PGR ) has outperformed the market over the past 15 years by 5.5% on an annualized basis producing an average annual return of 13.15%. Currently, Progressive has a market capitalization of $76.25 billion. Buying $1000 In PGR: If an … Full story available on Benzinga.com

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of "a" (Excellent) to the recently announced $500 million of 4.95% senior unsecured notes, due 2033, issued by The Progressive Corporation (Progressive) (Mayfield Village, OH) (NYSE: PGR ). The outlook assigned to this Credit Rating (rating) is stable. The Long-Term IR assignment considers the rating profiles of Progressive''s principal insurance subsidiary units, as well as the parent company''s financial leverage, interest coverage and overall debt servicing profile. Following this issuance, AM Best expects that financial leverage and coverage metrics for Progressive to remain within guidelines for the assigned rating. Progressive intends to use the proceeds from this … Full story available on Benzinga.com

With the debt ceiling issue rating as perhaps the single-most critical issue for the market right now, investors should consider targeting safe-haven stocks for debt default. Naturally, the U.S. government defaulting on its obligations would probably spark a ripple effect. However, it’s also important to consider safe havens because raising the debt ceiling presents its own set of problems. At the time of writing, President Joe Biden and House Speaker Kevin McCarthy are resuming discussions about the issue. Available news points to an earlier productive phone call. Nevertheless, CNN states that if policymakers fail to raise the ceiling, it could trigger an economic downturn . Therefore, it’s vital to consider stocks to buy for U.S. debt default. At the same time, raising the ceiling won’t be consequence-free. For one thing, the action encourages fiscal irresponsibility . It could also lower the U.S. credit rating and increase debt costs. Plus, with the recent bank failures, we’ve seen the impact of governmental policies going awry.

The Lagos city that hosted the first All Progressives Congress (APC) convention after the party was formed in 2014 became a beehive of political carnival on Saturday. A mammoth crowd thronged the main bowl of the Teslim Balogun Stadium in Surulere, as the ruling party returned to the city for its inaugural 2023 presidential rally […]

Progressive (PGR) reported Wednesday net income of $375.6M for the month of October, compared to $373.8M earned in October 2021.Net premiums earned grew 11% Y/Y to $4,872.7M, while…

MAYFIELD VILLAGE, OHIO, Nov. 16, 2022 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for October 2022: October(millions, except per share amounts a…

The trading price of The Progressive Corporation (NYSE:PGR) floating lower at last check on Monday, November 14, closing at $125.58, -0.51% lower than its previous close. Traders who pay close attention to intraday price movement should know that it has been fluctuating between $125.13 and $131.00. The company’s P/E ratio in the trailing 12-month period … The Progressive Corporation (NYSE: PGR) Is Up 22.97% So Far This Year: What Will Happen Next? Read More »

Progressive Corporation (The) found using ticker (PGR) now have 16 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 150 and 92 with a mean TP of 123.81. Now with the previous closing price of 127.7 this would imply there is a potential downside of -3.0%. The day 50 moving average is 123.88 and the 200 moving average now moves to 116.04. The company has a market cap of $75,907m. You can visit the company''s website by visiting: https://www.progressive.com [stock_market_widget type="chart" template="basic" color="green" assets="PGR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $73,595m based on the market concensus. The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States.

Brokerages expect The Progressive Co. to announce $12.59 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued…

Ever since the equities sector got off to a rotten start this year, investors everywhere have voiced concerns about an impending recession. But now, top voices are expressing their anxieties, including Treasury Secretary Janet Yellen, who conceded that she underestimated the threat of inflation . While the transparency may be noble, the admission should get people thinking about recession-proof stocks to buy right now. Unfortunately, inflation isn’t just about higher prices at the pump or in the grocery aisle. Instead, it represents the erosion of purchasing power , a circumstance that affects everyone. Invariably, unless conditions change dramatically, companies will lose revenue from consumers tightening their belts. In turn, we could see more layoffs announced, thus incentivizing demand for the recession-proof stocks to buy. Finally, it’s not just self-anointed gurus on YouTube that are sounding the alarm on an economic downturn. Deutsche Bank, which had previously expressed concerns about a U.S. recession, doubled down on its negative prognostication in April of this year, warning about a substantial slump . 7 Long-Term Stocks to Buy That Wall Street Analysts Agree On With the Federal Reserve poised to take serious action on inflation, here are the recession-proof stocks to buy right now.

Global Property and Casualty Insurance Market Dynamics 2022-2028, Regional Analysis, Segmentation, Competitive Landscape, COVID-19 Impact and SWOT Analysis of Key Players like State Farm, Berkshire Hathaway, Liberty Mutual, Allstate, Progressive, Travelers, Chubb, USAA, Farmers, Nationwide, AIG, Zurich, AXA, China Life Insurance Company Limited, Allianz, Ping An Insurance, UnitedHealth Group, AIA, Prudential plc, Aegon London, UK -- ( SBWIRE ) -- 06/03/2022 -- Global Property and Casualty Insurance Market report goes into great detail about the micro- and macroeconomic aspects that will influence market demand. The study looks at the major driving and restricting forces in the industry, as well as new trends and future prospects. Mergers and acquisitions, collaborations, joint ventures, partnerships, product launches, and agreements, according to the study, have helped industry leaders increase their market share and global footprint. The report thoroughly evaluates the market for the anticipated time period.

Although growth stocks have faced significant setbacks, these seven robust shares should rebound in the coming months. Alphabet ( GOOGL ) ( GOOG ): Investors are looking forward to the stock split on July 15. Applied Materials ( AMAT ): Given its robust balance sheet and revenue generations, AMAT stock has the potential for a strong comeback. Chipotle Mexican Grill ( CMG ): A new investment venture could provide long-term revenue growth and technological innovation First Trust Nasdaq Semiconductor ETF ( FTXL ): The fund invests in leading semiconductor companies that will continue play a prominent role in technological developments. Invesco S&P 500 GARP ETF ( SPGP ): This ETF invests in equities that have been identified as high growth with attractive valuation levels. Lululemon ( LULU ): The apparel retailer’s newly outlined 5-year growth plan intends to double revenue by 2026. Salesforce ( CRM ): Recently announced software development platform could provide a new source of revenue from a rapidly growing industry.

Auto Compulsory Insurance Market 2022 New Jersey, NJ -- ( SBWIRE ) -- 05/26/2022 -- Auto Compulsory Insurance Market - Global Outlook and Forecast 2021-2027 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Auto Compulsory Insurance Market. Some of the key players profiled in the study are PICC, Progressive Corporation, Ping An, AXA, Sompo Japan, Tokyo Marine, Travelers Group, Liberty Mutual Group, Zurich, CPIC, Nationwide, Mitsui Sumitomo Insurance, Aviva, Berkshire Hathaway, Old Republic International, Auto Owners Grp., Generali Group, MAPFRE, Chubb & AmTrust NGH. Get free access to sample report @ https://www.htfmarketreport.com/sample-report/3262847-auto-compulsory-insurance-market Auto Compulsory Insurance Market Overview: The study provides comprehensive outlook vital to keep market knowledge up to date segmented by Passenger Car & Commercial Vehicle, , Liability Insurance, Physical Damage Insurance & Others and 18+ countries across the globe along with insights on emerging & major players.