Allstate Earnings: Ooops

The real first black president (David Palmer) couldn't save this one.

*ALLSTATE SUSPENDED SHARE BUYBACK
*ALLSTATE INSURANCE HAS CAPACITY TO PAY DIVIDENDS $1.3B
*ALLSTATE SUSPENDED SHR BUYBACK PLAN
*ALLSTATE HAS $12.6B CAPITAL AT YEAR END 2008
*ALLSTATE 4Q OPER INCOME PER SHARE 97C; ANALYST EST. $1.
*ALLSTATE REMAINS WELL CAPITALIZED
*ALLSTATE 4Q PROPERTY-LIABILITY COMBINED RATIO 91.5
*ALLSTATE 4Q OPER EPS $0.97

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