Monday, October 31, 2011

Loew's Corp. misses earnings...

Loews Corp. (L). The company posted third-quarter earnings below analysts' expectations, hurt by higher catastrophe losses and lower revenue at its biggest holding CNA Financial (CNA). Net income attributable to Loews rose to $162 million, or 40 cents per share, from $36 million, or 9 cents per share, a year ago.


L is currently down 0.94 to 40.37

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