CNA Financial (CNA) Misses Q1 EPS by 2c

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Go back to CNA Financial (CNA) Misses Q1 EPS by 2c

CNA Financial Announces First Quarter 2015 Results

May 4, 2015 6:00 AM EDT

CHICAGO, May 4, 2015 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) today announced first quarter 2015 net operating income of $225 million, or $0.83 per share, and net income of $233 million, or $0.86 per share.  Property & Casualty Operations combined ratio for the first quarter was 98.9%, or 96.7% excluding catastrophes and development.

CNA Financial also declared a quarterly dividend of $0.25 per share, payable June 3, 2015 to stockholders of record on May 18, 2015.

Results for the Three Months EndedMarch 31

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Loews Corporation Reports Net Income Of $109 Million For The First Quarter Of 2015

May 4, 2015 6:00 AM EDT

NEW YORK, May 4, 2015 /PRNewswire/ -- Loews Corporation (NYSE: L) today reported net income for the three months ended March 31, 2015 of $109 million, or $0.29 per share, compared to $59 million, or $0.15 per share, in the prior year period. Net income in 2014 included a loss from discontinued operations of $206 million reflecting the disposition of both HighMount Exploration & Production, LLC and CNA Financial Corporation's annuity and pension deposit business.

Income from continuing operations for the three months ended March 31, 2015 was $109 million, or $0.29 per share, compared to $265 million, or $0.68 per share, in the 2014 first quarter. Excluding asset... More