Loews Corporation (L) has been mentioned in various economically significant activities. The company expanded its
board with the appointment of Jennifer VanBelle backed by 25-years of experience. Consistent dividends were paid maintaining at $0.0625, despite a strategic signal for energy and insurance investors. Post announcement, share prices hit new 12-month highs. Significant transactions by international investment groups including the likes of
Bank of Nova Scotia, Mackenzie Financial Corp, and Banco Santander were noted. Loews Corp's Q2 earnings were impacted positively by investment income and insurance underwriting, earning a
6% rise in net income and elevating share prices. Loews Corporation's shares were increasingly acquired by several asset management firms. Executing planned retirements and the appointment of CEO Alex Tisch sparked interest. Loews Corp's was considered undervalued with its shareholders enjoying up to
166% return in the last five years. Loews Corp also implemented a new executive compensation structure, although an insider sale by Chief Investment Officer Richard Scott was observed. Underperformance compared to competitors pushed for questions, yet an appeal over the $690 million damages award to a hedge fund was won.
Loews Corporation L News Analytics from Thu, 28 Aug 2014 07:00:00 GMT to Sat, 09 Aug 2025 20:37:05 GMT -
Rating 7
- Innovation 0
- Information 8
- Rumor 0
