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Home > Company Index > Insurance > Multiline Insurance > Loews Corporation
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Loews Corporation |
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NEWS FROM THE WIRES |
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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 |
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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 |
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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 |
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The Allstate Corporation (ALL)
Philip Morris Companies Inc. (MO)
State Farm Insurance Companies (dossier)
DEALS |
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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.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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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 |
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James S. Tisch
CEO
Peter W. Keegan
CFO
CONTACT INFO |
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667 Madison Ave.
New York, NY 10021
US
Phone: 212-521-2000
Fax: 212-521-2525
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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