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Loews Corp. L, -2.69% reported Monday net income that rose from a year ago but revenue and book value per share that fell, as lower net unrealized investment gains resulted from the rise in interest rates. Net income increased to $338 million, or $1.36 a share, from $261 million, or 97 cents a share, in the year-ago period, as the diversified company said its CNA Financial, Boardwalk Pipelines and Loews Hotels businesses all saw earnings rise.

Market Watch 2022 May 02
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