Travelers Cos Inc. is riding high after becoming one of the latest additions to the Dow Jones Industrial Average. To top things off, the insurer slightly upgraded its earnings projection for 2009 after it resumed share buybacks this quarter. Travelers Cos now expects an operating income per share of between US$4.55 and US$4.95 vs. an earlier projection of between US$4.50 and US$4.90. The company has managed to remain profitable amid the global financial crisis and has recently been growing its market share while its competitors struggle to recover.
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