CNA Financial (CNA) Tops Q1 EPS by 1c
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CNA Financial Announces First Quarter 2016 Results
May 2, 2016 6:00 AM EDTCHICAGO, May 2, 2016 /PRNewswire/ --Â CNA Financial Corporation (NYSE: CNA) today announced first quarter 2016 net operating income of $91 million, or $0.34 per share, and net income of $66 million, or $0.24 per share. Property & Casualty Operations combined ratio for the first quarter was 96.1%.
CNA Financial also declared a quarterly dividend of $0.25 per share, payable June 1, 2016 to stockholders of record on May 16, 2016.
Results for the Three Months Ended
... MoreLoews Corporation Reports Net Income Of $102 Million For The First Quarter Of 2016
May 2, 2016 6:00 AM EDTNEW YORK, May 2, 2016 /PRNewswire/ --Â Loews Corporation (NYSE: L) today reported net income for the three months ended March 31, 2016 of $102 million, or $0.30 per share, compared to $109 million, or $0.29 per share, in the prior year period.
Net income declined by $7 million as compared to the prior year due to lower earnings at CNA Financial Corporation and reduced results from the parent company investment portfolio, partially offset by higher earnings at Diamond Offshore Drilling, Inc. because of the absence this quarter of an asset impairment charge. Higher earnings at Boardwalk... More
