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Author Topic: Business News: Loews Posts Q4 Loss As Hurricane Sandy Losses Weigh  (Read 396 times)

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Loews Posts Q4 Loss As Hurricane Sandy Losses Weigh

Diversified holding company Loews posted a fourth-quarter loss on Monday as insurance losses due to Hurricane Sandy hurt results. The company, which is controlled by the Tisch family, logged a Q4 loss of $32 million, or 8 cents a share. That was down from a profit of $271 million, or 68 cents a share, the prior year, the company said. Loews' (L) results were hurt by losses tied to Hurricane Sandy, which hit the East Coast in late October. The

Source: Loews Posts Q4 Loss As Hurricane Sandy Losses Weigh

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John 3:16-18 ESV
For God so loved the world, that he gave his only Son (Jesus Christ), that whoever believes in him should not perish but have eternal life. For God did not send his Son into the world to condemn the world, but in order that the world might be saved through him. Whoever believes in him is not condemned, but whoever does not believe is condemned already, because he has not believed in the name of the only Son of God.

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