Monday, May 04, 2009
Ahead of the Bell: Hartford Financial Services
Shares of Hartford Financial Services Group Inc. were sharply lower in premarket trading Friday, a day after the insurer reported a wider-than-expected first-quarter loss a day earlier.
Hartford Financial shares fell $1.42, or 12.4 percent, to $10.05 in electronic trading before the opening bell.
For the first three months of the year, the insurance and financial services company posted a loss of $3.77 per share. Its adjusted loss totaled $3.66 per share for the period, widely missing the average loss estimate of $3.05 per share forecast by analysts polled by Thomson Reuters...
Forbes: Ahead of the Bell: Hartford Financial Services
Hartford Financial shares fell $1.42, or 12.4 percent, to $10.05 in electronic trading before the opening bell.
For the first three months of the year, the insurance and financial services company posted a loss of $3.77 per share. Its adjusted loss totaled $3.66 per share for the period, widely missing the average loss estimate of $3.05 per share forecast by analysts polled by Thomson Reuters...
Forbes: Ahead of the Bell: Hartford Financial Services