Loews Smashes Expectations With First Quarter Earnings as CNA, Boardwalk Units’ Sales Advance

Loews (L) reported better-than-expected earnings with growth in revenue for its first quarter, as the conglomerate with interests in hotels, entertainment, energy and packaging reported a stronger performance in its insurance and natural gas units. Earnings jumped to $1.27 a share from $0.89 a share previously, while the consensus on Capital IQ was for $0.96 a share. Revenue rose to […]