Loews Corporation Reports Net Income of $177 Million, or $0.45 Per Share, for the Third Quarter of 2012

NEW YORK--(BUSINESS WIRE)--Loews Corporation (NYSE:L) today reported net income for the 2012 third quarter of $177 million, or $0.45 per share, compared to $162 million, or $0.40 per share, in the 2011 third quarter. Net income for the nine months ended September 30, 2012 was $600 million, or $1.51 per share, compared to $791 million, or $1.94 per share, in the prior year period.