NU Online News Service, Jan. 12, 3:00 p.m. EST
The Hartford Financial Services Group Inc. increased its estimated fourth-quarter earnings per share by 80 cents, noting strong performance in its property and casualty business and improved margins on its life business.
The Hartford, Conn.-based insurer today raised its fourth-quarter 2009 earnings per share estimate range to $1.45 to $1.60 from its previous guidance of 65 cents to 80 cents a share. The company stressed that the results are preliminary and subject to change.
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