Allstate (ALL) to Sell Employer Voluntary Benefits Unit for $2B
Allstate's (ALL) plan to sell its Employer Voluntary Benefits business to The Standard is expected to boost deployable capital by $1.6 billion. The move aligns with ALL's strategy to focus on its core operations.
Why Allstate Stock Raced 5% Higher Today
The storied insurer agreed to sell one of its business units to a peer for $2 billion. The deal will be fulfilled entirely in cash.
Allstate Sells Its Employer Voluntary Benefits Unit; Stock Jumps To Record
Allstate (ALL) shares reached an all-time high Wednesday after the insurance provider announced it sold its Employer Voluntary Benefits business to privately owned StanCorp Financial Group, also known as The Standard, for $2 billion.
Allstate to sell its employer voluntary benefits business to StanCorp for $2 bln
Insurer Allstate has agreed to sell its employer voluntary benefits business to StanCorp Financial Group (The Standard) in a $2 billion cash deal, the company said in a regulatory filing on Tuesday.
Recent Volatility Indicates a Base Formation: Top 5 Picks
We have narrowed our search to five growth stocks that have solid upside left for the rest of 2024. These are: ALL, DECK, VRT, RCL, PWR.
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Allstate (ALL) have what it takes?
Wall Street Bulls Look Optimistic About Allstate (ALL): Should You Buy?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
The Allstate Corporation (ALL) Q2 2024 Earnings Call Transcript
The Allstate Corporation (NYSE:ALL ) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Brent Vandermause - Head of IR Tom Wilson - President and CEO Jess Merten - EVP and CFO Mario Rizzo - President, Property-Liability Conference Call Participants Gregory Peters - Raymond James Jimmy Bhullar - JPMorgan Bob Huang - Morgan Stanley Jack Matten - BMO Yaron Kinar - Jefferies David Motemaden - Evercore ISI Charles Lederer - Citi Operator Good day, and thank you for standing by. Welcome to Allstate's Second Quarter Earnings Investor Call.
Allstate (ALL) Q2 Earnings Beat on Property-Liability Rate Hikes
Allstate (ALL) witnesses lower property and casualty insurance claims and claims expenses in the second quarter.
Allstate (ALL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Allstate (ALL) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Allstate (ALL) Q2 Earnings and Revenues Top Estimates
Allstate (ALL) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to loss of $4.42 per share a year ago.
Can Allstate (ALL) Q2 Earnings Beat Estimates on Premium Growth?
Allstate's (ALL) second-quarter results are likely to reflect growing net investment income.
