Loews Corp. (L) Reports Q4 Loss of $0.58/Share
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CNA Financial Announces Fourth Quarter 2015 Results
February 8, 2016 6:01 AM ESTCHICAGO, Feb. 8, 2016 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) today announced a fourth quarter 2015 net operating loss of $52 million, or $0.19 per share, and net loss of $70 million, or $0.26 per share. Full year 2015 results were net operating income of $515 million, or $1.90 per share, and net income of $479 million, or $1.77 per share. Property & Casualty Operations combined ratio for the fourth quarter and full year was 98.9% and 95.4%, respectively.
CNA Financial declared a special dividend of $2.00 per share and a quarterly dividend of $0.25 per share, payable March 9, 2016 to stockholders of record on February 22,... More
Boardwalk Announces Fourth Quarter 2015 Results And Quarterly Distribution Of $0.10 Per Unit
February 8, 2016 6:01 AM ESTHOUSTON, Feb. 8, 2016 /PRNewswire/ --Â Boardwalk Pipeline Partners, LP, (NYSE: BWP) announced today that it has declared a quarterly cash distribution per common unit of $0.10 ($0.40 annualized) payable on February 25, 2016, to unitholders of record as of February 18, 2016.
The Partnership also announced its results for the fourth quarter and year ended December 31, 2015, which included the following items:
Operating revenues of $326.8 million for the quarter and $1,249.2 million for the year ended December 31, 2015, a 7% increase and a 1% increase from $304.6 million and $1,233.8 million in the comparable 2014 periods; Net income attributable to controlling... MoreDiamond Offshore Announces Fourth Quarter 2015 Results
February 8, 2016 6:01 AM ESTHOUSTON, Feb. 8, 2016 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today reported a fourth quarter 2015 net loss of $245 million, a loss of $1.79 per diluted share, compared to net income of $99 million, or $0.72 per diluted share, in the fourth quarter of 2014. Results for the quarter included a non-cash charge of $499 million associated with the impairment of nine drilling units, which resulted in an after-tax charge of $2.68 per share. Revenues in the fourth quarter of 2015 were $556 million, compared to revenues of $675 million in the fourth quarter of 2014.
For full year 2015,... More
Loews Corporation Reports Net Income For 2015
February 8, 2016 6:01 AM ESTNEW YORK, Feb. 8, 2016 /PRNewswire/ --Â Loews Corporation (NYSE: L) today reported net income of $260 million, or $0.72 per share, for the year ended December 31, 2015, compared to net income of $591 million, or $1.55 per share, in the prior year. Net income in 2014 included a loss from discontinued operations of $371 million, or $0.97 per share, reflecting the disposition by Loews of HighMount Exploration & Production, LLC and by CNA Financial Corporation of its former life insurance subsidiary.
Results for the three months ended December 31, 2015 were a net loss of $201 million, or $0.58 per share, compared... More
