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Loews Corp. - L STOCK NEWS

Welcome to our dedicated news page for Loews (Ticker: L), a resource for investors and traders seeking the latest updates and insights on Loews.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Loews's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Loews's position in the market.

Rhea-AI Summary
Loews (L) will release its first quarter 2024 financial results on May 6, 2024. The earnings remarks will include commentary from CEO James S. Tisch and CFO Jane Wang. Shareholders can submit questions in advance for management to address.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
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Rhea-AI Summary
Loews Hotels & Co opens the Loews Arlington Hotel and Convention Center, adding 888 rooms and 266,000 square feet of function space to Arlington's Entertainment District. The hotel offers state-of-the-art meeting facilities, world-class dining options, and resort-style amenities, aiming to attract sports enthusiasts, entertainment fans, and corporate groups. The property is strategically located between iconic sports stadiums, providing a unique hospitality experience in North Texas.
Rhea-AI Impact
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End-of-Day
-0.11%
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Rhea-AI Summary
Loews Corporation (NYSE: L) has declared a quarterly dividend of $0.0625 per share of Common Stock, payable on March 5, 2024, to shareholders of record as of February 21, 2024. Loews is a diversified company with businesses in insurance, energy, hospitality, and packaging industries.
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0.03%
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dividends
Rhea-AI Summary
Loews Corporation (NYSE: L) reported strong fourth-quarter 2023 financial results, with a net income of $446 million, or $1.99 per share, representing a 26% increase over the same period in 2022. The parent company repurchased 14.0 million common shares for $852 million in 2023, while book value per share, excluding AOCI, increased 9% to $81.92 as of December 31, 2023, from $74.88 as of December 31, 2022. The CEO commented on the strong results, with each subsidiary producing robust performance. However, the PR also indicates a net loss of $14 million in Corporate & Other segment and a charge of $37 million related to the termination of a defined benefit plan. The CNA Financial Corporation's net income improved year-over-year due to higher net investment income and higher underwriting income, but there was an after-tax charge of $37 million related to the termination of a defined benefit plan in Corporate & Other.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.16%
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Rhea-AI Summary
Loews Corporation (L) is set to release its fourth quarter 2023 financial results on February 5, 2024. Shareholders are invited to submit questions for management to address during the earnings remarks, which will be available on the company's website. The remarks will feature commentary from the CEO and CFO.
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End-of-Day
0.03%
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Rhea-AI Summary
Loews Corporation (NYSE: L) declared a quarterly dividend of $0.0625 per share of Common Stock, payable on December 5, 2023, to shareholders of record as of November 22, 2023. The company operates in insurance, energy, hospitality, and packaging industries.
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Rhea-AI Sentiment
End-of-Day
0.03%
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dividends
Rhea-AI Summary
Loews Corporation reported net income of $253 million, or $1.12 per share, in the third quarter of 2023 compared to a net loss of $22 million, or $0.09 per share, in the third quarter of 2022. CNA Financial Corporation's net income improved year-over-year due to higher net investment income, higher underwriting income, and a significantly lower unfavorable impact from the long-term care annual reserve reviews. Loews Corporation repurchased 1.9 million shares of its common stock for a total cost of $118 million through the end of the quarter and repurchased an additional 1.0 million shares for $64 million since September 30, 2023. Book value per share, excluding AOCI, increased to $79.92 as of September 30, 2023, from $74.88 as of December 31, 2022 due to repurchases of common shares and strong operating results during the year.
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-0.83%
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Rhea-AI Summary
Loews Corporation to report Q3 2023 financial results on October 30, 2023.
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-0.24%
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Rhea-AI Summary
Pickering Energy Partners acted as a Co-Manager on the $550M upsized private placement of senior secured second lien notes due 2030 for Diamond Offshore Drilling, Inc. (NYSE: DO).
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-1.36%
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Rhea-AI Summary
Jonathan Locker elected as director of Loews Corporation and appointed to Audit Committee.
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End-of-Day
0.81%
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management
Loews Corp.

NYSE:L

L Rankings

L Stock Data

16.41B
181.68M
18.65%
59.69%
0.85%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
United States
New York

About L

loews corporation is a diversified company with three publicly-traded subsidiaries: cna financial corporation (nyse: cna), diamond offshore drilling, inc. (nyse: do) and boardwalk pipeline partners, lp (nyse: bwp); and one wholly owned subsidiary, loews hotels & resorts. for more information please visit www.loews.com. at loews, we don’t show movies, at least not anymore, and we can’t help with your home improvement needs – but we can offer you a distinctive opportunity to join one of the largest diversified companies in the world. as with any great company, our success is directly linked to the strength of our team. we work closely with our employees to create a progressive, informal and rewarding work environment in which they can thrive and succeed. our team of corporate employees perform a wide range of functions, working together to provide strategic direction and services to loews and our four subsidiaries. from accounting and audit to information technology and investment pr