Loews Corporation Announces Quarterly Dividend on Common Stock

Tuesday May 8th 2012 11:06:03 AM

NEW YORK--(BUSINESS WIRE)--May. 8, 2012-- Loews Corporation (NYSE: L) announced today the declaration of the Company’s quarterly dividend of $0.0625 per share of Common Stock, payable June 14, 2012 to shareholders of record on June 1, 2012. Loews Corporation, a holding company, is one of the largest diversified corporations in the United States. Its principal subsidiaries are CNA Financial Corporation (NYSE: CNA), a 90% owned subsidiary; Diamond Offshore Drilling, Inc. (NYSE: DO), a 50.4% owned subsidiary; HighMount Exploration & Production LLC, a wholly owned subsidiary; Boardwalk Pipeline Partners, LP (NYSE: BWP...

Loews Corporation Reports Net Income of $367 Million for the First Quarter of 2012

Monday April 30th 2012 06:00:00 AM

Net Income Per Share of $0.92 Book Value Per Share of $48.96, an Increase of 3.4% from December 31, 2011 NEW YORK--(BUSINESS WIRE)--Apr. 30, 2012-- Loews Corporation (NYSE:L) today reported net income for the 2012 first quarter of $367 million, or $0.92 per share, compared to $379 million, or $0.92 per share, in the 2011 first quarter. Book value per share increased to $48.96 at March 31, 2012 from $47.33 at December 31, 2011. The decrease in net income is due to lower earnings at Diamond Offshore Drilling, Inc. and HighMount Exploration & Production LLC. These decreases were partially offset by higher earnings at CNA Financial Corporation and increased parent company investment inco...

Loews Corporation to Release First Quarter 2012 Results on April 30

Monday April 9th 2012 10:00:00 AM

NEW YORK--(BUSINESS WIRE)--Apr. 9, 2012-- Loews Corporation (NYSE: L) will report first quarter 2012 financial results on Monday, April 30, 2012. A conference call for analysts and investors will begin at 11:00 a.m. EDT and will be hosted by the Company's chief executive officer, James S. Tisch, and chief financial officer, Peter W. Keegan. The news release and a live webcast of the conference call will be available online at the Loews Corporation website (http://www.loews.com). Those interested in participating in the question and answer portion of the call should dial (877) 692-2592, or for international callers, (973) 582-2757. The conference ID number is 67907133. A replay of the cal...

Loews Corporation Announces Quarterly Dividend on Common Stock

Tuesday February 14th 2012 11:26:00 AM

NEW YORK--(BUSINESS WIRE)--Feb. 14, 2012-- Loews Corporation (NYSE: L) announced today the declaration of the Company’s quarterly dividend of $0.0625 per share of Common Stock, payable March 14, 2012 to shareholders of record on March 1, 2012. Loews Corporation, a holding company, is one of the largest diversified corporations in the United States. Its principal subsidiaries are CNA Financial Corporation (NYSE: CNA), a 90% owned subsidiary; Diamond Offshore Drilling, Inc. (NYSE: DO), a 50.4% owned subsidiary; HighMount Exploration & Production LLC, a wholly owned subsidiary; Boardwalk Pipeline Partners, LP (NYSE: BWP), a 61% owned subsidiary; and Loews Hotels, a wholly owned subsidiary...

Loews Corporation Reports Net Income for 2011

Monday February 6th 2012 08:05:00 AM

NEW YORK--(BUSINESS WIRE)--Feb. 6, 2012-- Loews Corporation (NYSE:L) today reported net income for the fourth quarter of 2011 of $268 million, or $0.67 per share, as compared to $466 million, or $1.12 per share in the 2010 fourth quarter. Net income for 2011 amounted to $1.1 billion, or $2.63 per share, as compared to $1.3 billion, or $3.07 per share, in 2010. Results in 2010 included a charge of $328 million (after tax and noncontrolling interests) related to the previously reported Loss Portfolio Transfer agreement involving the Company’s CNA Financial Corporation subsidiary. Book value per share increased to $47.49 at December 31, 2011 as compared to $44.51 at December 31, 2010. Net i...

Loews Corporation to Release Fourth Quarter and Full Year 2011 Results on February 6

Tuesday January 17th 2012 10:00:00 AM

NEW YORK--(BUSINESS WIRE)--Jan. 17, 2012-- Loews Corporation (NYSE: L) will report fourth quarter and full year 2011 financial results on Monday, February 6, 2012. A conference call for analysts and investors will begin at 11:00 a.m. EST and will be hosted by the Company’s chief executive officer, James S. Tisch, and chief financial officer, Peter W. Keegan. The news release and a live webcast of the conference call will be available online at the Loews Corporation website (http://www.loews.com). Those interested in participating in the question and answer portion of the call should dial 877-692-2592, or for international callers, 973-582-2757. The conference ID number is 42159817. A rep...

Loews Corporation Announces Quarterly Dividend on Common Stock

Tuesday November 8th 2011 12:10:00 PM

NEW YORK, Nov 08, 2011 (BUSINESS WIRE) -- Loews Corporation (NYSE: L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable December 12, 2011 to shareholders of record on November 29, 2011. Loews Corporation, a holding company, is one of the largest diversified corporations in the United States. Its principal subsidiaries are CNA Financial Corporation (NYSE: CNA), a 90% owned subsidiary; Diamond Offshore Drilling, Inc. (NYSE: DO), a 50.4% owned subsidiary; HighMount Exploration & Production LLC, a wholly owned subsidiary; Boardwalk Pipeline Partners, LP (NYSE: BWP), a 64% owned subsidiary; and Loews Hotels, a wholly owned subsidia...

Loews Corporation Reports Net Income for the Third Quarter of 2011

Monday October 31st 2011 06:01:00 AM

NEW YORK, Oct 31, 2011 (BUSINESS WIRE) -- Loews Corporation (NYSE:L) today reported net income for the 2011 third quarter of $162 million, or $0.40 per share, as compared to $36 million, or $0.09 per share, in the 2010 third quarter. Book value per share increased to $47.75 at September 30, 2011 compared to $46.81 at June 30, 2011 and $44.51 at December 31, 2010. Net income and earnings per share information attributable to Loews Corporation is summarized in the table below: (In millions, except per share data) September 30, Three Months Nine Months 2011 2010 2011 2010 Net income attributable to Loews Corporation: ...

Loews Corporation to Release Third Quarter 2011 Results on October 31

Monday October 10th 2011 10:02:00 AM

NEW YORK, Oct 10, 2011 (BUSINESS WIRE) -- Loews Corporation (NYSE: L) will report third quarter 2011 financial results on Monday, October 31, 2011. A conference call for analysts and investors will begin at 11:00 a.m. EDT and will be hosted by the Company's chief executive officer, James S. Tisch, and chief financial officer, Peter W. Keegan. The news release and a live webcast of the conference call will be available online at the Loews Corporation website (http://www.loews.com). Those interested in participating in the question and answer portion of the call should dial 877-692-2592, or for international callers, 973-582-2757. The conference ID number is 14714881. A replay of the call ...

Loews Corporation Elects Dr. Lawrence S. Bacow To Its Board of Directors

Tuesday August 9th 2011 12:41:00 PM

NEW YORK, Aug 09, 2011 (BUSINESS WIRE) -- Loews Corporation (NYSE:L) announced today that Lawrence S. Bacow has been elected a director of Loews. Dr. Bacow served as President of Tufts University from September 2001 until July 2011. He was elected a Fellow of Harvard College in July 2011. With the election of Dr. Bacow, the Loews Board consists of 13 directors, 10 of whom qualify as independent directors. Loews Corporation, a holding company, is one of the largest diversified corporations in the United States. Its principal subsidiaries are CNA Financial Corporation (NYSE:CNA), a 90% owned subsidiary; Diamond Offshore Drilling, Inc. (NYSE:DO), a 50.4% owned subsidiary; HighMount Exploratio...