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Stock Market & Financial Investment News

News Breaks
April 14, 2014
15:06 EDTALLAllstate sells Sterling Collision Centers, sees small after-tax gain
Allstate has entered into an agreement to sell Sterling Collision Centers to Service King Collision Repair Centers. The transaction is expected to close by the end of the second quarter and result in a small after-tax gain. Allstate purchased Sterling Collision Centers in 2001. Sterling operates 62 collision-repair facilities in 16 states and has 1,200 employees.
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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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