Ducommun Inc
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Industrials : Aerospace & Defense | Small Cap Blend
Company profile

Ducommun Incorporated is a global provider of engineering and manufacturing services for various products and failure applications used primarily in the aerospace, defense, industrial, natural resources, medical and other industries. The Company is a solution-based provider, offering a range of value-added products and services in its primary businesses of electronics, structures and integrated solutions. The Company operates through two segments: Electronic Systems (ES) and Structural Systems (SS). The ES has over three product offerings in electronics manufacturing for various applications, including complex cable assemblies and interconnect systems, printed circuit board assemblies, and electronic, electromechanical and mechanical assemblies. The SS segment offers over three product offerings to support a customer base, including commercial aircraft, military fixed-wing aircraft, and military and commercial rotary-wing aircraft.

Closing Price
$33.14
Day's Change
1.08 (3.37%)
Bid
--
Ask
--
B/A Size
--
Day's High
33.30
Day's Low
31.86
Volume
(Below Average)
Volume:
61,735

10-day average volume:
70,651
61,735

Allstate Announces June and Second Quarter 2020 Catastrophe Losses

8:39 am ET July 16, 2020 (BusinessWire) Print

The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of June of $204 million, pre-tax ($161 million, after-tax).

Catastrophe losses occurring in June comprised ten events at an estimated cost of $181 million, pre-tax ($143 million, after-tax), plus unfavorable prior period reserve reestimates. Three severe wind and hail weather events, primarily impacting Texas, Pennsylvania and Alberta (Canada), accounted for approximately 50% of June estimated catastrophe losses.

Allstate previously announced $982 million, pre-tax ($776 million, after-tax), in estimated catastrophe losses for the months of April and May 2020, bringing estimated catastrophe losses for the second quarter 2020 to $1.19 billion, pre-tax ($937 million, after-tax).

Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.

Forward-Looking Statements

This news release contains "forward-looking statements" that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like "plans," "seeks," "expects," "will," "should," "anticipates," "estimates," "intends," "believes," "likely," "targets" and other words with similar meanings. We believe these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these forward-looking statements. Factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements may be found in our filings with the U.S. Securities and Exchange Commission, including the "Risk Factors" section in our most recent annual report on Form 10-K. Forward-looking statements are as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statement.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200716005597/en/

SOURCE: The Allstate Corporation

Greg Burns
Media Relations
(847) 402-5600


Mark Nogal
Investor Relations
(847) 402-2800
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