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Stock Market & Financial Investment News

News Breaks
February 21, 2014
13:19 EDTALLAllstate weakness creates buying opportunity, says Argus
Argus believes that Allstate's results are becoming more consistent, although 2014 estimates for the company are weakening due to the winter storms. But the firm thinks the weakness creates a buying opportunity, and it keeps a $60 price target and Buy rating on the stock.
News For ALL From The Last 14 Days
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June 22, 2015
10:00 EDTALLOn The Fly: Analyst Downgrade Summary
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07:42 EDTALLAllstate downgraded to Sell from Neutral at Citi
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June 18, 2015
09:05 EDTALLAllstate announces May catastrophe losses of $178M
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June 17, 2015
10:22 EDTALLAllstate announces FAA ruling clears way for company to fly drones
Allstate announced that a new FAA ruling will allow the consortium it works with to fly drones for property claims research on behalf of customers. The Property Drone Consortium has been granted an exemption by the FAA to put drones in flight for further research, which could lead to using drones in areas hit hard by catastrophe and other situations. The FAA approval paves the way for the collection and processing of intelligent images for research using drones, which can help expedite the assessment of exterior property.

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