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Loews Corporation L - News Analyzed: 4,905 - Last Week: 76 - Last Month: 324

⇗ Loews Corporation Sees Insider Trading Activity Amidst Board Resignations and Successful Q1 Earnings

Loews Corporation Sees Insider Trading Activity Amidst Board Resignations and Successful Q1 Earnings
Loews Corporation (L) has seen notable activity centered around the company's shares and board changes. Multiple large holdings, including Axa S.A., Northern Trust Corp, and Price T Rowe Associates Inc. MD, have adjusted their stake in the company. Insider sell offs have occurred, with significant share sales from board members including Richard Scott and Kenneth Siegel. Additionally, a board member, Jonathan Tisch, executed a substantial sale of shares. Key resignations from the board have also taken place. On the financial performance front, earnings in Q1 of 2025 reported strong growth with net income of $370 million. However, the firm also noted a fall in first-quarter profit due to higher catastrophe losses. In executive news, CEO James Tisch has announced his retirement and successors Benjamin and Alex Tisch have stepped up as CEO of Loews Corporation and Loews Hotels & Co respectively.

Loews Corporation L News Analytics from Fri, 17 Apr 2015 07:00:00 GMT to Sat, 10 May 2025 10:53:58 GMT - Rating 5 - Innovation 2 - Information 9 - Rumor -7

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