Welcome to our dedicated page for Loews news (Ticker: L), a resource for investors and traders seeking the latest updates and insights on Loews stock.
Loews Corporation (L) is a diversified conglomerate with strategic interests in insurance, energy, hospitality, and infrastructure. This page aggregates official announcements, financial disclosures, and market-moving developments across its subsidiaries, including CNA Financial and Diamond Offshore Drilling.
Investors and analysts will find a comprehensive repository of earnings reports, strategic acquisitions, and leadership updates essential for tracking the company’s performance. Content is organized to highlight operational milestones, regulatory filings, and industry-specific trends affecting its multi-sector portfolio.
Regular updates provide insights into Loews’ disciplined capital allocation and risk management strategies. Users can expect timely coverage of material events across all business segments, from insurance underwriting ratios to energy infrastructure investments.
Bookmark this page for direct access to verified Loews Corporation news. Combine this resource with Stock Titan’s analysis tools to monitor the company’s position in evolving markets.
Loews Corporation (NYSE: L) has signed a definitive agreement to sell 47% of its subsidiary, Altium Packaging, to GIC, Singapore's sovereign wealth fund. The deal is poised to close within 30 days. Altium is recognized for its sustainable plastic packaging solutions and recycled resin production in North America. CEO Sean Fallmann emphasized the partnership with GIC will aid in executing Altium's growth strategy and expanding market offerings. The transaction is subject to customary closing conditions and may face uncertainties, as noted in forward-looking statements.
Loews Corporation (NYSE: L) has declared a quarterly dividend of $0.0625 per share on its Common Stock. This dividend will be payable on March 9, 2021, to shareholders who are on record as of the close of business on February 24, 2021. The company operates across various sectors, including insurance, energy, hospitality, and packaging, demonstrating its diversified business model.
Loews Corporation (NYSE: L) reported a fourth-quarter net income of $397 million, or $1.45 per share, a significant increase from $217 million, or $0.73 per share, in Q4 2019. However, the company experienced a full-year net loss of $931 million, or $3.32 per share, compared to a net income of $932 million in 2019. Key contributors to the fourth quarter included strong results from CNA Financial and Boardwalk Pipelines, while Loews Hotels faced challenges due to the COVID-19 pandemic. The company’s book value per share increased to $66.34.
Loews Corporation (NYSE: L) will announce its fourth quarter 2020 financial results on February 8, 2021, at 10:00 a.m. ET. The call will be led by CEO James S. Tisch and CFO David B. Edelson. Shareholders are encouraged to submit questions in advance via email. Interested participants can access the call through the Loews website or by phone, with a replay available until March 8, 2021. Loews operates in various sectors, including insurance, energy, hospitality, and packaging.
Loews Corporation (NYSE: L) has declared a quarterly dividend of $0.0625 per share on its Common Stock, set to be payable on December 8, 2020. Shareholders of record as of the close of business on November 25, 2020 will receive this dividend. Loews Corporation operates in various sectors including insurance, energy, hospitality, and packaging, highlighting its diverse business portfolio.
Loews Corporation (NYSE: L) reported a net income of $139 million ($0.50 per share) for Q3 2020, up from $72 million ($0.24 per share) in Q3 2019. However, the company faced a net loss of $1.33 billion ($4.70 per share) for the first nine months due to multiple factors including the COVID-19 pandemic's impact on Loews Hotels and investment losses from Diamond Offshore's bankruptcy. CNA Financial's strong underwriting performance partially offset these losses. Book value per share decreased to $63.16 from $65.71 at the end of 2019. Share repurchases totaled 16.1 million shares for the nine months ended September 30, 2020.
Loews Corporation (NYSE: L) will announce its third quarter 2020 financial results on November 2, 2020, followed by a conference call at 10:00 a.m. ET. The call will feature CEO James S. Tisch and CFO David B. Edelson.
Shareholders can submit questions for management ahead of the call, and a live webcast will be accessible on Loews Corporation's website. A replay of the call will be available until December 8, 2020 using the provided conference ID.
Loews Hotels & Co has appointed Alex Tisch as President, effective immediately. In this role, he will collaborate with CEO Jonathan Tisch and the executive team to develop company strategy and enhance operational effectiveness. Tisch, who joined the company in 2017, has successfully led the growth strategy and strengthened partnerships, particularly with Comcast NBC Universal in Orlando. His leadership has resulted in the expansion of the company’s footprint through new development projects in Arlington, St. Louis, Kansas City, and Orlando.
Loews Corporation (NYSE: L) declared a quarterly dividend of $0.0625 per share on August 4, 2020. This dividend will be payable on September 1, 2020, to shareholders on record as of the close of business on August 19, 2020. Loews operates in various sectors including insurance, energy, hospitality, and packaging, reflecting its diversified business model.
Loews Corporation (NYSE: L) reported a significant net loss of $835 million, or $2.96 per share, for Q2 2020, compared to a profit of $249 million in Q2 2019. The loss was attributed to a $957 million investment write-down related to Diamond Offshore's bankruptcy, along with substantial catastrophe losses at CNA Financial and operating losses at Loews Hotels. For the six months ending June 30, 2020, the net loss was $1.47 billion, marking a substantial decline from a net income of $643 million in the same period last year. Book value per share decreased from $65.71 to $61.35.
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