Friday, January 30, 2009
Allstate pressures, bank losses drag down financials
NEW YORK (MarketWatch) -- Shares of insurer Allstate fell 20% in midday trading Thursday and hurt shares of industry rivals after it posted a big fourth quarter deficit and said investment losses and annuity costs hit hard. The news sent shares of companies like Lincoln National, Principal Financial, Prudential, and XL Capital down by double digits...
MarketWatch: Allstate pressures, bank losses drag down financials
MarketWatch: Allstate pressures, bank losses drag down financials
Permalink posted by markw @ 5:12 AM 
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