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Stock Market & Financial Investment News

News Breaks
February 6, 2013
16:16 EDTALLAllstate raises repurchase program by $1B to $2B
The company said, "Today, the Board took additional actions to improve shareholder value by increasing the quarterly dividend to $0.25 and authorizing an additional $1 billion repurchase program expected to be completed by March 2014, bringing the total buyback authorization to $2.0 billion. We repurchased 4.6 million shares at a cost of $182 million in the fourth quarter, bringing the total for 2012 to 26.7 million shares repurchased for $910 million. Allstate's earnings, portfolio valuation growth and these repurchases increased book value per diluted share by 17.2% to $42.39 at year-end 2012."
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May 17, 2013
13:03 EDTALLAllstate files $3.8M medical fraud lawsuit
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May 16, 2013
09:00 EDTALLAllstate announces April catastropohe loss estimate
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08:33 EDTALLBofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am.
May 15, 2013
05:59 EDTALLCorporate boards recruit newcomers with digital knowledge, WSJ reports
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