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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (64589)5/9/2002 11:52:01 AM
From: westpacific  Respond to of 99280
 
Stunned in the face of the market how the finance sector holds up - Insurance and Banking.

They will roll over soon IMO>

News like this everyday!-----

CHICAGO (CBS.MW) -- Business insurer CNA Financial took a whipping in the first quarter as net income came in well below last year's level.

CNA net income battered in Q1

Before the bell Thursday, Chicago-based CNA (CNA: news, chart, profile) reported first quarter net income of $78 million, or 35 cents per share, a mere fraction of the $295 million and $1.61 per share it earned in the year ago period