(NYSE:HIG) Ups Guidance, Shares rise alert

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Hartford Financial Services (NYSE:HIG) soared 0.90% to $26.06 after it reported a third-quarter net loss of $220 million, or 79 cents per common share. Hartford was expected to make a profit of $1.11 a share, according to the average estimate of 18 analysts in a Thomson Reuters survey. Hartford forecast 2009 core earnings of 85 cents per common share to $1.05 per common share. That was up from the insurer's previous guidance for 2009 core earnings of zero to 20 cents per share.

The Hartford Financial Services Group, Inc. (The Hartford) is an insurance and financial services company. It provides investment products, individual life, group life and group disability insurance products, and property and casualty insurance products in the United States.

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