Monday, July 30, 2007

UPDATE 1-CNA posts lower second-quarter earnings

(Reuters) - CNA, which is mostly owned by New York conglomerate Loews
Corp. , said net earnings were $217 million, or 80 cents
a share, down from $239 million, or 86 cents a share, in the
year-earlier quarter.




CNA said earnings from continuing operations, which
analysts use to measure performance because it excludes
investments, were $227 million or 84 cents a share, up from
$241 million or 87 cents a share a year earlier.


Read more at Reuters.com Market News

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