Loews Corporation Reports Net Income Of $295 Million For The First Quarter Of 2017

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Diamond Offshore (DO) PT Lowered to $15 at Jefferies; Reiterates Hold

May 2, 2017 8:35 AM EDT

Jefferies lowered its price target on Diamond Offshore (NYSE: DO) to $15.00 (from $17.00) while maintaining a Hold rating.

In 2017, Jefferies assumes slightly lower revenues to account for Ocean Patriot's special survey slated for the 4Q.

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Loews Corp. (L) Tops Q1 EPS by 22c

May 1, 2017 6:02 AM EDT

Loews Corp. (NYSE: L) reported Q1 EPS of $0.87, $0.22 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.65 billion, versus $1.7 billion reported last year.

The company reported net income of $295 million compared to $102 million in the prior year... More