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Stock Market & Financial Investment News

News Breaks
September 1, 2013
15:27 EDTALLAllstate shares could rise another 50% in the next few years, Barron's says
Once Allstate's reorganization becomes clearer to investors and increased company profits, the stock could jump 50% over the next few years, Barron's contends in a feature article. Reference Link
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October 16, 2014
11:50 EDTALLAllstate September catastrophe losses higher than expected, says Wells Fargo
Wells Fargo attributes today's move lower in Allstate to its report of September catastrophe losses that came in higher than expected. The firm lowered its Q3 EPS estimate to $1.23 from $1.56 based on the losses, but maintains its Outperform rating on the stock, calling it one of the firm's top-picks among non-life insurers.
09:06 EDTALLAllstate reports Q3 catastrophe losses of $517M
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09:04 EDTALLAllstate reports September catastrophe loss estimate $250M
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October 10, 2014
16:37 EDTALLAllstate files to sell $25M of market value adjusted annuity contracts

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