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On May 10, 2006, Loews Corporation announced that it would offer 15 million shares of Carolina Group via a public offering, with the proceeds to be used for general corporate purposes. [9] The sale's value was $740 million. Loews Corporation was the parent company of Bulova until 2007, when it sold the company to Citizen Watch. [10]
Loews Corp (NYSE:L) reported second-quarter 2024 net income of $369 million, up 2.5% year-over-year. EPS was $1.67, up from $1.58 year-ago. Revenues grew to $4.27 billion from $3.39 billion a year ...
His father was co-chairman of Loews Corporation along with his uncle Preston Robert Tisch. In 1971, James graduated from Suffield Academy in Suffield, Connecticut. [ 2 ] He went on to earn a B.A. from Cornell University and an M.B.A. at the Wharton School of the University of Pennsylvania .
In 1968, Loews acquired Lorillard, the 5th largest tobacco company in the United States at the time, which owned the popular brands Kent, Newport and True. [1] In 1974, they purchased a controlling interest in the nearly bankrupt insurance company, CNA Financial Corporation. This too was very successful and several years later it held an A+ ...
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Loews Corporation Reports Net Income for 2012 NEW YORK--(BUSINESS WIRE)-- Loews Corporation (NYS: L) today reported net income for 2012 of $568 million or $1.43 per share as compared to $1.1 ...
Andrew Tisch (born 1949) is an American businessman, who is the co-chair of Loews Corporation, the company founded by his father Laurence Tisch and uncle Preston Robert Tisch. Together with his brother, James S. Tisch, and his first cousin, Jonathan Tisch, Andrew oversees a holding company involved in hotels, oil, and insurance. [1]
Loews Corporation Reports Net Income of $242 Million for the First Quarter of 2013 NEW YORK--(BUSINESS WIRE)-- Loews Corporation (NYS: L) today reported net income for the 2013 first quarter of ...