PGR250117P230000
- 0.35
- -0.55-61.11%
Progressive Newsroom
Market Views: Progressive Momentum to Follow Through
S&P has downgraded the ratings of the Los Angeles municipal utility bonds by two levels to A.
On January 15, 2023, Glonhui reported that S&P Global has downgraded the rating of Los Angeles Department of Water and Power municipal Bonds, lowering the rating from AA- to A, a drop of two levels. The rating agency stated that following the wildfire in Los Angeles, the Electrical Utilities system Bonds ratings are facing further and significant downward pressure. S&P also downgraded the rating of Los Angeles Department of Water and Power water system revenue Bonds from AA+ to AA-, a decrease of two levels.
$1000 Invested In This Stock 15 Years Ago Would Be Worth This Much Today
LA Fire Damage Revised up to $250B-$275B in Latest AccuWeather Estimate
Homeowners Insurance Suffers as California Wildfire Rages On
Konami Gaming Awarded Exclusive Agreement by the British Columbia Lottery Corporation for Next Generation BC Gold Wide Area Progressive Slots
Insured Loss for LA Fires Likely to Be Largest Wildfire Event to Date: Barclays
FP Partner Inc. Adopts Progressive Dividend Policy
The California wildfires continue to become "politicized"! Trump seizes the opportunity to attack his political opponents: they had the chance to protect the forests.
① Southern California in the USA continues to face wildfires, with limited progress in firefighting efforts. Trump criticized California Governor Newsom for not adequately protecting forests, claiming that the Los Angeles area is "left desolate." ② There are a total of 105 wildfires across California, with areas burned exceeding 163 square kilometers, 12,300 buildings destroyed, and 0.15 million residents evacuated in Los Angeles County.
Most and Least Shorted S&P 500 Financial Stocks in December
LA Fire Insured Losses to Be a 'Manageable Earnings Event' for P&C Insurers: Jefferies
Moody's Assesses California's P&C, Commercial Property Insurers Amid Wildfire Disaster
LA Wildfires May Be Costliest in U.S. History, Forecast Says
Insurers Gain Wall Street's Vote of Confidence, With Caveats
California's $10 Trillion Property Market Faces Unprecedented Threat From Wildfires
Is The Progressive Corporation (PGR) the Best Financial Stock to Buy According to Hedge Funds?
Trending Stocks Amid Jittery Week for Wall Street
Stocks Slide, Bond Yields Jump After Strong Jobs Report -- WSJ
KBW Maintains Progressive(PGR.US) With Buy Rating, Raises Target Price to $294
Progressive Is Maintained at Outperform by Keefe, Bruyette & Woods