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2017 Press Releases
Loews Corporation to Release First Quarter 2017 Results on May 1
NEW YORK, April 18, 2017 /PRNewswire/ -- Loews Corporation (NYSE: L) will report first quarter 2017 financial results on Monday, May 1, 2017. A conference call for analysts and investors will begin at 11:00 a.m. ET and will be hosted by the Company's chief executive officer, James S. Tisch, and chief financial officer, David B. Edelson. Loews invites all shareholders to submit questions for management in advance of its earnings call. A selection of these questions may be answered during th...
Loews Corporation Agrees to Acquire Consolidated Container Company
NEW YORK, April 11, 2017 /PRNewswire/ -- Loews Corporation (NYSE: L) today announced that it has entered into an agreement to acquire Consolidated Container Company (CCC), a leading rigid plastic packaging manufacturer based in Atlanta, GA, from Bain Capital Private Equity for approximately $1.2 billion, subject to customary purchase price adjustments. CCC will be a part of a newly-created segment called Loews Packaging Group. "We have been analyzing the packaging industry for some time becau...
Loews Corporation Announces Quarterly Dividend On Common Stock
NEW YORK, Feb. 14, 2017 /PRNewswire/ -- 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, 2017 to shareholders of record as of the close of business on March 1, 2017. 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 whol...
Loews Corporation Reports Net Income Of $632 Million For 2016
NEW YORK, Feb. 6, 2017 /PRNewswire/ -- Loews Corporation (NYSE:L) today reported net income of $632 million, or $1.87 per share, for the year ended December 31, 2016, compared to $260 million, or $0.72 per share, in the prior year. Net income for the three months ended December 31, 2016 was $268 million, or $0.79 per share, compared to a net loss of $201 million, or $0.58 per share, in the prior year period. Net income for the year ended December 31, 2016 included asset impairment charges of ...
Loews Corporation to Release Fourth Quarter 2016 Results on February 6
NEW YORK, Jan. 17, 2017 /PRNewswire/ -- Loews Corporation (NYSE: L) will report fourth quarter 2016 financial results on Monday, February 6, 2017. 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, David B. Edelson. Loews invites all shareholders to submit questions for management in advance of its earnings call. A selection of these questions will be answered du...
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