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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Jan 30, 2008

Page

5

Wall Street rises as Fed starts rate meeting

Wall Street advanced as the Federal Reserve opened a two day meeting seen likely to deliver another rate cut. Data showed December orders for big ticket items up 5.2 percent while consumer confidence eased. investors awaited the Fed's guidance on the economy and financial sector. Dow rose 96.41 to 12480.30.

New York Wall Street Federal Reserve U.S Fed Commerce Department Conference Board Standard & Poor Treasury

Allstate profits drop amid wildfires and higher costs

Allstate Corp reports a 37 percent fall in Q4 profit to 760 million dollars, hurt by 472 million in catastrophe losses including 318 million from California fires and rising auto and homeowner claim costs. Revenue edged down to 8.99 billion. Chief Executive Thomas Wilson cites strong overall results despite volatility.

Allstate Chicago Allstate Corp California Thomson Financial Northbrook All State Thomas Wilson

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