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Home > Company Index > Insurance > Multiline Insurance > Loews Corporation

Loews Corporation
NYSE: LTR
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 NEWS FROM THE WIRES
Loews reports $1.4 bln net loss on CNA charges
Aug 02 2001 06:03 AM PDT

R.J. Reynolds was in talks, still looks for deals
Jul 19 2001 11:31 AM PDT

U.S. holds settlement talks in tobacco lawsuit
Jul 18 2001 12:27 PM PDT

U.S. holds settlement talks in tobacco lawsuit
Jul 18 2001 12:24 PM PDT

U.S. to hold first settlement talks in tobacco suit
Jul 17 2001 03:44 PM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Putting the Tech In Technicolor
Jul 20 2001 12:00 AM PDT

Coming to a Computer Near You: Movie Tickets
Jul 17 2001 12:26 PM PDT

News Briefs
Mar 13 2000 12:00 AM PST

Theater Lines Are for Luddites
Mar 09 2000 12:00 AM PST

 PROFILE
They'll take the Loews road. Diversified holding company Loews' main interest is insurance through publicly traded subsidiary CNA Financial, which accounts for some three-quarters of its revenues. Other holdings include tobacco (the Kent, Newport, and True US cigarette brands, through litigation-beset subsidiary Lorillard); about 15 hotels in the US and Canada (through subsidiary Loews Hotels); watchmaker Bulova; and contract oil-drilling subsidiary Diamond Offshore Drilling, which operates about 50 oil rigs. Billionaire brothers Laurence and Bob Tisch and their families own more than 30% of the company.

 COMPETITION
The Allstate Corporation (ALL)
Philip Morris Companies Inc. (MO)
State Farm Insurance Companies (dossier)

 DEALS
Deal: ApplyYourself Receives $6 Million in First Round
Date Announced: 01.09.01
Value of transaction (US $Mil): 6
Description: Online service for the management of college applications secures $6 million in first round of venture funding.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 21,337.80
1-Yr. Sales Growth: (0.6)%
Employees: 29,700
Revenue per employee: $718,444.44

 KEY PEOPLE
• James S. Tisch
    CEO
• Peter W. Keegan
    CFO

 CONTACT INFO
667 Madison Ave.
New York, NY 10021
US
Phone: 212-521-2000
Fax: 212-521-2525
Online: Web Site

Company Data   News, quotes & more       

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Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


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