Boardwalk Pipeline Partners (BWP) Declares $0.10 Quarterly Dividend; 3.8% Yield

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Boardwalk Announces Fourth Quarter 2015 Results And Quarterly Distribution Of $0.10 Per Unit

February 8, 2016 6:01 AM EST

HOUSTON, Feb. 8, 2016 /PRNewswire/ -- 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... More

Loews Corporation Reports Net Income For 2015

February 8, 2016 6:01 AM EST

NEW YORK, Feb. 8, 2016 /PRNewswire/ -- 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