Loews Corporation (NYSE:L) remains a preferred choice for institutional buyers who own 61% of the company. However, there is a shake-up in the board with a director's resignation leading to a reduction to ten members. There are major stock movements recorded by Susquehanna Fundamental Investments LLC, Raymond James Financial Inc., Kovitz Investment Group Partners LLC and numerous others showing interest in Loews Co. shares. Significant sales were also made by the director emeritus Jonathan Tisch and Price T Rowe Associates Inc. MD. Simultaneously, the company's Q2 earnings have risen 6% due to higher revenues. With regards to leadership changes, Benjamin Tisch stepped in as CEO, a third-generation leader from the Tisch family, shaking up the corporation. New executive compensation structures were also established. Loews Corporation's ventures span finance and hospitality. Significant projects include opening new branches of Loews Hotels & Co in different cities and establishing a new $550 million Arlington hotel and convention center. Overall, these events show dynamic, active management and strategic investment within Loews Corporation.
Loews Corporation L News Analytics from Mon, 02 Mar 2015 08:00:00 GMT to Sat, 03 May 2025 19:49:32 GMT -
Rating 8
- Innovation 3
- Information 9
- Rumor 3
