Hartford Financial Services Group Inc. reversed some of its previous cuts to its full-year earnings outlook and said its businesses were performing well.

During an investor day Friday in New York, Hartford raised its target to a range $4.70 to $4.90 a share. The range had been $9.20 to $9.50 a share until October, when Hartford cut its forecast by more than half, to a range of $4.30 to $4.50, and posted a $2.63 billion third-quarter net loss driven by investment losses and woes at its variable annuities business.

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