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Stock Market & Financial Investment News

News Breaks
April 21, 2014
10:03 EDTALLAllstate announces favorable $3.8M fraud judgement
Allstate announced that based on a six-week jury trial, the United States District Court for the Northern District of Texas has entered a $3.8M judgment in favor of Allstate Insurance Company. The jury found that Michael Kent Plambeck, D.C., Jennifer Giessner, Douglas Friedman, Randal Toca, and other persons and entities engaged in a pattern of racketeering activity in violation of the Federal Racketeering Influenced and Corrupt Organizations Act and the Ohio Corrupt Practices Act, the company said.
News For ALL From The Last 14 Days
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February 5, 2016
10:02 EDTALLOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Abbott (ABT) upgraded on valuation at Argus... Allstate (ALL) upgraded to Buy from Neutral at Citi... CACI (CACI) upgraded to Buy from Neutral at Citi... Coca-Cola Enterprises (CCE) upgraded to Neutral from Negative at Susquehanna... Coca-Cola (KO) upgraded to Neutral from Negative at Susquehanna... Comcast (CMCSA) upgraded following Q4 results at Argus... DCT Industrial (DCT) upgraded to Neutral from Underperform at Credit Suisse... Fluidigm (FLDM) upgraded to Buy from Neutral at Mizuho... Glu Mobile (GLUU) upgraded to Buy from Hold at Benchmark... Goldman Sachs (GS) upgraded to Buy at UBS... JPMorgan (JPM) upgraded to Buy from Neutral at UBS... KeyCorp (KEY) upgraded to Buy from Neutral at UBS... Kona Grill (KONA) upgraded to Outperform from Market Perform at Telsey Advisory... LPL Financial (LPLA) upgraded to Neutral at Susquehanna... Level 3 (LVLT) upgraded to Overweight from Equal Weight at Stephens... Resolute Forest (RFP) upgraded to Outperform from Sector Perform at RBC Capital... Suburban Propane (SPH) upgraded to Buy from Neutral at Citi... Sysco (SYY) upgraded at Argus... U.S. Concrete (USCR) upgraded to Buy from Neutral at Citi... Ubiquiti (UBNT) upgraded to Buy from Hold at Wunderlich... United Natural Foods (UNFI) upgraded to Sector Perform from Underperform at RBC Capital... Weatherford (WFT) upgraded to Strong Buy from Market Perform at Raymond James... Whole Foods (WFM) upgraded to Neutral from Underperform at Longbow... Wi-LAN (WILN) upgraded to Speculative Buy from Hold at Canaccord.
06:20 EDTALLAllstate upgraded to Buy from Neutral at Citi
Citi analyst James Naklicki upgraded Allstate to Buy saying he's finally seeing loss trends in the company's auto business begin to moderate. He expects Allstate Brand Auto margins to return to normal by 2017 and raised his price target for the shares to $72 from $64.
February 4, 2016
08:35 EDTALLAllstate shares likely to advance today, says Wells Fargo
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February 3, 2016
16:34 EDTALLAllstate reports book value per share $47.34
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16:29 EDTALLAllstate reports Q4 operating EPS $1.60, consensus $1.35
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14:48 EDTALLNotable companies reporting after market close
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05:36 EDTALLAIG downgraded to Market Perform from Outperform at William Blair
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February 2, 2016
07:24 EDTALLAllstate volatility elevated into Q4 and outlook
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