Loews Corporation Reports Net Income Of $157 Million For The Third Quarter Of 2017

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Diamond Offshore (DO) PT Raised to $15 at Jefferies; Remains Sidelined

October 31, 2017 8:59 AM EDT

Jefferies raised its price target on Diamond Offshore (NYSE: DO) to $15.00 (from $14.00) while maintaining a Hold rating. To the extent offshore drilling sentiment fades, DO's deep discount on 2018-19 should make it resilient.

DO needs only to continue to chip away at... More

Loews Corp. (L) Reports Q3 EPS of $0.46

October 30, 2017 6:03 AM EDT

Loews Corp. (NYSE: L) reported Q3 EPS of $0.46, versus $0.97 reported last year.

Net income for the three months ended September 30, 2017 included several significant items. In the third quarter of 2017, the Company incurred $170 million of net catastrophe losses at CNA, as compared to $10... More