Boardwalk Pipeline Partners (BWP) Declares $0.10 Quarterly Dividend; 2.4% Yield

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Boardwalk Announces Second Quarter 2016 Results And Quarterly Distribution Of $0.10 Per Unit

August 1, 2016 6:00 AM EDT

HOUSTON, Aug. 1, 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 August 18, 2016, to unitholders of record as of August 11, 2016.

The Partnership also announced its results for the second quarter ended June 30, 2016, which included the following items:

Operating revenues of $306.3 million for the quarter and $651.3 million for the six months ended June 30, 2016, a 3% increase and a 4% increase from $298.6 million and $628.3 million in the comparable 2015 periods. Operating revenues, less fuel and transportation expense,... More

Loews Corporation Reports Results For The Second Quarter Of 2016

August 1, 2016 6:00 AM EDT

NEW YORK, Aug. 1, 2016 /PRNewswire/ -- Loews Corporation (NYSE: L) today reported a net loss for the three months ended June 30, 2016 of $65 million, or $0.19 per share, compared to net income of $170 million, or $0.46 per share, in the prior year period. Net income for the six months ended June 30, 2016 was $37 million, or $0.11 per share, compared to $279 million, or $0.75 per share, in the prior year period.

Results include asset impairment charges at Diamond Offshore Drilling, Inc. of $267 million (after tax and noncontrolling interests) for the three and six months ended June 30, 2016 and $158... More