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News Watch
- 12/11/2008 2:22:26 AM
By Chip Brian, SmarTrend Analytics Team
Today, Loews Corporation reported a loss from continuing operations of $144 million, or 33 cents per share for its third-quarter 2008, compared to income from continuing operations of $309 million, or 58 cents per share, in the third-quarter 2007. Consolidated revenues for the quarter were 3.0 billion, compared to $3.5 billion in the year-ago period. Shares of Loews were down 9.36% in morning trading.
Contact Chip Brian
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