Tag Archives: natural disasters
Allstate net income drops by 55 percent in 3Q but beats expectations
Allstate Corp. (NYSE:ALL) announced the results for its third quarter after the markets closed on Monday. The company reported a 55 percent drop in net income during the quarter as natural disasters costs the company $1.08 billion.
The insurer earned …
Qantas Airways double profit in 2010/2011 fiscal year
Australian Airline Qantas Airways (QAN:AX) announced that it annual profit more than doubled on wednesday to 250 Australian dollars ($263 million) but warned investors that the state of the vulnerable economy may prove it difficult for the airline to produce …

















