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EARNINGS

Earnings

Allstate Corp.

The nation's second-largest property and casualty insurer, currently the subject of a state investigation into its rate-setting practices, reported a 37 percent decline in fourth-quarter profit as the Southern California wildfires and other costs cut into its bottom line.

4th Qtr Year ago

Revenue $8.99B $9.1B

Net income $760M $1.21B

Per share $1.36 $1.93

2007 2006

Revenue $36.77B $35.8B

Net income $4.64B $4.99B

Per share $7.77 $7.84

Yahoo Inc.

The Internet icon's fourth-quarter profit dropped less than analysts feared, but management signaled the company's turnaround efforts may take another year to pay off and started to draw up plans to lay off 1,000 workers.

4th Qtr Year ago

Revenue $1.83B $1.7B

Net income $205.7M $268.7M

Per share 15 cents 19 cents

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