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Fly News Breaks for February 3, 2016
ALL, AIG
Feb 3, 2016 | 05:36 EDT
William Blair analyst Adam Klauber downgraded AIG (AIG) to Market Perform saying the company's large alternative investment portfolio should result in weaker core earnings power over the near term. The analyst keeps an Underperform rating on Allstate (ALL) citing a similar rationale. He recommends avoiding both names in the near term.