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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Loews Corporation | NYSE:L | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.03 | -0.04% | 76.50 | 76.54 | 75.44 | 76.38 | 588,722 | 00:30:08 |
By Allison Prang
Loews Corp. (L) profit rose in its first quarter, driven by a rise in investment income and an increase in profit at CNA Financial Corp. and Boardwalk Pipeline Partners LP, the company said.
Loews reported $394 million in profit, up 34% from the comparable quarter a year prior. Its earnings were $1.27 a share, up from 89 cents a share.
Revenue rose 4.9% to $3.76 billion.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
April 29, 2019 06:31 ET (10:31 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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