Hartford Financial's Profit Nearly Triples
NU Online News Service, Aug. 7, 1:43 a.m.EDT?Hartford Financial Services Group Inc. posted a $507million second-quarter profit--nearly tripling the $185 million inincome recorded one year ago. The company attributed theimprovement to investment gains and continuing rate hikes.
Management also announced that it was slicing 850 workers offits payroll.
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