Loews Corporation
News and overview for Loews Corporation
Loews Corporation Reports Net Income for the Third Quarter of 2009 [Press Release]
Business Wire | 22 days 19 hours 59 minutes ago
Loews Corporation (NYSE:L) today reported income from operations before investment losses for the 2009 third quarter of $530 million compared to $235 million in the 2008 third quarter. Income from continuing operations for the 2009 third quarter was $469 million, or $1.08 per share, compared to a loss of $144 million, or $0.33 per share, in the 2008 third quarter.
Loews Corporation Announces Quarterly Dividend on Common Stock [Press Release]
Business Wire | 14 days 13 hours 44 minutes ago
Loews Corporation (NYSE: L) announced today the declaration of the Company’s quarterly dividend of $0.0625 per share of Common Stock, payable December 11, 2009 to shareholders of record on November 30, 2009.
Zacks Bull and Bear of the Day Highlights: Apple, Inc., Sohu.com, Loews Corporation, CNA Financial Corporation and Diamond Offshore Drilling Inc. [Press Release]
Business Wire | 21 days 8 hours 59 minutes ago
Zacks Equity Research highlights Apple, Inc. (Nasdaq: AAPL) as the Bull of the Day and Sohu.com (Nasdaq: SOHU) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Loews Corporation (NYSE: L), CNA Financial Corporation (NYSE: CNA) and Diamond Offshore Drilling Inc. (NYSE: DO).
CNA Financial Prices $350 Million Offering of Senior Notes [Press Release]
Business Wire | 15 days 9 hours 53 minutes ago
CNA Financial Corporation (NYSE: CNA) today announced that it has priced $350 million aggregate principal amount of 7.35% ten-year senior notes in a public offering underwritten by Citigroup Global Markets Inc., J.P. Morgan Securities Inc. and Wells Fargo Securities, LLC. The notes were offered at 99.887% of the principal amount with a yield to maturity of 7.366%. CNA expects the offering to close on November 13, 2009.
A.M. Best Assigns Debt Rating to CNA Financial Corporation s Forthcoming Senior Notes [Press Release]
Business Wire | 14 days 15 hours 58 minutes ago
A.M. Best Co. has assigned a debt rating of “bbb” to the forthcoming $350 million 7.35% senior unsecured notes due 2019 to be issued by CNA Financial Corporation (CNAF) (Delaware) (NYSE: CNA). The assigned outlook is negative.
Critical Alerts For Bank of America, Tesoro, American Eagle, MasterCard and Loews [Press Release]
PRNewswire | 60 days 17 hours 26 minutes ago
...cover the following stocks: Bank of America Corporation , Tesoro Corporation , American Eagle Outfitters Inc. , MasterCard Incorporated and Loews Corporation . In today's unsure markets these brief...
Dominion Resources Black Warrior Trust Announces 4th Quarter Cash Distribution [Press Release]
PRNewswire | 5 days 8 hours 59 minutes ago
...Dominion Resources, Inc. In 2007, the underlying properties were acquired by HBWB, an indirect subsidiary of Loews Corporation. The Trust is designed to provide unitholders with quarterly cash distributions from its royalty interests in certain...
Critical Alerts for Research in Motion, Phillip Morris International, Lockheed Martin, F5 Networks, and Loews Released by Seven Summits Research [Press Release]
PRNewswire | 98 days 17 hours 26 minutes ago
...International, Lockheed Martin, F5 Networks, and Loews Released by Seven Summits Research PRNewswire...Morris International, Inc. , Lockheed Martin Corporation , F5 Networks Inc. , and Loews Corporation . In today's unsure markets these brief...
Loews CEO James Tisch discusses economic recovery
HotelsMag.com | 8 days 14 hours 52 minutes ago
MARIA BARTIROMO, host: The economy is turning around, but can we be sure it continues to head in that direction? Joining me now is a man on the front lines. Jim Tisch is president and CEO of Loews, a company with diversified holdings, ranging from luxury hotels to natural gas exploration. He's also a member of the board of the New York Federal Reserve.
Dominion Resources Black Warrior Trust Announces 3rd Quarter Cash Distribution [Press Release]
PRNewswire | 97 days 15 hours 57 minutes ago
...Dominion Resources, Inc. In 2007, the underlying properties were acquired by HBWB, an indirect subsidiary of Loews Corporation. The Trust is designed to provide unitholders with quarterly cash distributions from its royalty interests in certain...
Laboring Over Staffing Issues
Hotel Interactive | 7 days 12 hours 53 minutes ago
Sure cutbacks have been essential but are you making cuts that are smart and will help you keep employee loyalty
Parks Associates to Present Connected TV and Cloud Media Research at Digital Hollywood [Press Release]
PRNewswire | 35 days 10 hours 29 minutes ago
...research presentation, sponsored by Rovi Corporation will start at 10:45 a.m., in the Escondido Room, at the Loews Santa Monica Beach Hotel, Santa Monica...and on multiple platforms." Rovi Corporation, which delivers solutions that enable...
MOD Systems to Present at Digital Hollywood Fall [Press Release]
Business Wire | 41 days 16 hours 59 minutes ago
MOD Systems®, Incorporated, an industry-leading provider of digital media delivery systems for retailers, today announced that Larry Smith, Senior Vice President of Sales, Marketing and Business Development, will present at Digital Hollywood Fall 2009. Joining Smith at the panel session will be representatives from Sonic Solutions/CinemaNow, Entone, Gigantic Digital Cinema, redbox, Avail-TVN and DivX.
Universal Orlando Rides Thrills of Productivity and Savings with Xerox Managed Print Services [Press Release]
Business Wire | 27 days 19 hours 59 minutes ago
Universal Orlando Resort is famous for creating innovative theme park experiences for its guests. That spirit of innovation also extends to helping its team members do their jobs. Universal Orlando is working to create a more productive and greener workplace – with the potential for significant printing efficiencies – through a new Managed Print Services (MPS) contract with Xerox Corporation (NYSE: XRX).
Strategic Hotels & Resorts Reports Third Quarter 2009 Results [Press Release]
PRNewswire | 20 days 2 hours 59 minutes ago
CHICAGO, Nov. 4 /PRNewswire-FirstCall/ -- Strategic Hotels & Resorts
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Company Overview
| Company: | Loews Corporation |
|---|---|
| Industry: | Property & Casualty Insurance |
| Website: | http://www.loews.com |
This diversified holding company not only drills deep and makes the bed -- it'll insure others that do, too. Loews' main interest is insurance through publicly traded subsidiary CNA Financial, which offers commercial property/casualty coverage. Other wholly owned and partially owned holdings include hotels in the US and Canada through its Loews Hotels subsidiary. Its energy holdings include contract oil-drilling operator Diamond Offshore Drilling (which operates nearly 50 offshore oil rigs), interstate natural gas transmission pipeline systems operator Boardwalk Pipelines, and HighMount Exploration & Production (also natural gas).
Key Numbers
| Sales in U.S. Dollars (mil.) | 13,247 (2008) |
|---|---|
| One-year % Growth in Sales | -27.9 (2008) |
| Net Income in U.S. Dollars (mil.) | 4,530 (2008) |
| One-year % Growth in Net Income | 82.0 (2008) |
| Number of Employees | 19,100 (2008) |
| One-year % Growth in Number of Employees | -12.0 (2008) |
| Fiscal Year-End | December |
