About CNA Financial Corporation Common Stock (CNA)
CNA Financial Corporation is a provider of insurance and risk management solutions, offering a range of products and services designed to protect businesses and individuals. The company specializes in commercial property and casualty insurance, alongside various specialty insurance offerings. CNA serves a diverse clientele, including small businesses, large corporations, and public entities, with a focus on delivering tailored coverage to meet their unique needs. Additionally, the company is committed to providing excellent customer service and innovative risk management strategies to help clients mitigate potential losses and navigate complex insurance landscapes. Read More
Revenue rose nearly 7% year-over-year (YoY) to $4.55 billion during the quarter, while net income fell to $187 million compared to $446 million in the same quarter a year ago.
Wall Street bounced back on Monday, recovering from Friday's robust decline fueled by tariff concerns, as investors remained focused on strong earnings from the fourth-quarter reporting season while awaiting further clarity on trade policie
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation (CNAF) [NYSE: CNA], collectively known as CNA Insurance Companies (CNA) and the members of Western Surety Group. Concurrently, AM Best has revised the outlook to positive from stable and affirmed the Long-Term ICR of “bbb+” (Good) and all existing Long-Term Issue Credit Ratings (Long-Term IRs) of CNAF. All above named companies are headquartered in Chicago, IL. (See below for a detailed listing of the companies and ratings.)
Wall Street opened higher at the start of a data-heavy week, with traders adopting an optimistic tone ahead of crucial earnings reports and economic events.
A groundbreaking lawsuit concerning long-term care insurance premium increases reached a milestone according to attorneys at Hagens Berman seeking to represent a class of policyholders fighting against allegedly illegal rate hikes implemented by Continental Casualty Company (CNA).
The stock market is poised to mark a third consecutive session of gains, with major indices all trading in the green during midday trading in New York on Monday, as traders continue to react positively to quarterly earnings and the Federal Reserve’s unexpectedly dovish stance
Loews Corp reported Q1 FY24 results with net income of $457M, EPS of $2.05, and revenues of $4.23B. CNA & Boardwalk Pipelines also see increases. Loews has $3.2B cash, repurchased 0.9M shares, and has 222.1M outstanding.
On March 05, 2024, Loews (NYSE:L) will distribute a dividend payout of $0.06 per share, equating to an annualized dividend yield of 0.34%. Shareholders who owned the stock before the ex-dividend date on February 20, 2024 will receive this payout.
Loews Corp (NYSE: L) announces robust Q4 FY23 results with a net income of $446 million, up from $355 million last year. Higher EPS at $1.99, a significant increase from the previous year's $1.49, showcases the company's resilience. CNA Financial Corp's increased revenue contribution and Boardwalk Pipelines' growth contribute to Loews' solid performance.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Companies Reporting Before The Bell • NAPCO Security Techs (NASDAQ:NSSC) is estimated to report quarterly earnings at $0.26 per share on revenue of $43.92 million.
