This article is about the conglomerate. For the now-unrelated movie theater chain, see Loews Cineplex Entertainment. For the unrelated home-improvement chain, see Lowe's.
Loews Corporation
Company type
Public
Traded as
NYSE: L
S&P 500 component
Headquarters
New York City, United States
Key people
Andrew Tisch (co-chairman)
Jonathan Tisch (co-chairman)
James Tisch (president & CEO)
Products
insurance, hotels, oil drilling, pipeline transport
Revenue
US$15.9 billion (2023)
Operating income
US$1.99 billion (2023)
Net income
US$1.43 billion (2023)
Total assets
US$79.2 billion (2023)
Total equity
US$15.7 billion (2023)
Number of employees
12,280 (2023)
Subsidiaries
Altium Packaging (99%)
Boardwalk Pipelines
CNA Financial (89%)
Loews Hotels
Website
loews.com
Footnotes / references [1]
Loews Corporation is an American conglomerate headquartered in New York City. The company's majority-stake holdings include CNA Financial Corporation, Boardwalk Pipeline Partners, Loews Hotels and Altium Packaging.
The corporation positions itself as a value investor with a long-term focus.[2] In recent years, Loews has also allocated significant capital for share buybacks.[3] In the three years ended December 31, 2012, Loews spent $1.3 billion repurchasing shares. Between 1971 and 2020, the corporation reduced its shares outstanding from 1.3 billion shares to 291 million shares.[4]
^"2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 6, 2024.
^Loews Company Overview March 2013 http://www.loews.com/; Winans, Christopher. The King of Cash: The Inside Story of Laurence Tisch. New York: Wiley, 1995, p. 47-48
^Value Investing: The Loews Way http://www.loews.com/. Retrieved 2013-04-01
^Loews Company Overview January 2020 http://www.loews.com/
LoewsCorporation is an American conglomerate headquartered in New York City. The company's majority-stake holdings include CNA Financial Corporation...
Loews Cineplex Entertainment, also known as Loews Incorporated, was an American theater chain operating in North America. The company was originally called...
United States v. Loew's Inc., a United States Supreme Court case involving LoewsLoewsCorporation, an American holding company Loews Hotels, a North American...
from 1986 to 1995. With his brother Bob Tisch, he was part owner of LoewsCorporation. Tisch was born March 5, 1923, in Brooklyn, New York, the son of Sadye...
January 2, 1953) is an American businessman who has been the CEO of LoewsCorporation since 1999. He was born in 1953 in Atlantic City, New Jersey to Wilma...
Tisch (born 1949) is an American businessman, who is the co-chair of LoewsCorporation, the company founded by his father Laurence Tisch and uncle Preston...
chairman and—along with his brother Laurence Tisch—was part owner of the LoewsCorporation. From 1991 until his death, Tisch owned 50% of the New York Giants...
(30 September 1997). "Loews, Cineplex to merge". CNNMoney. Franklin, Stephen (17 April 1998). "Theater Sales To Pave Way For Loews, Cineplex Odeon Merger"...
Canada, Europe and Asia. CNA itself is 90% owned by a holding company, LoewsCorporation. This holding company also has interests in offshore oil and gas drilling...
Carolina on the New York Stock Exchange. Loews controlled Carolina until May 10, 2006, when LoewsCorporation sold 15 million shares of Carolina Group...
is a wholly owned subsidiary of LoewsCorporation, owns 100% of Boardwalk Pipeline Partners's capital. LoewsCorporation (NYSE: L) bought Texas Gas Transmission...
Michigan and billionaire heir to the Tisch family fortune (through the LoewsCorporation, which remains under family control). Tisch was born to Howard N....
Tisch was named chairman of Loews Hotels (a wholly-owned subsidiary of LoewsCorporation) in 1989. Tisch initiated the Loews Hotels Good Neighbor Policy...
Laurence Tisch; co-chair of LoewsCorporation James S. Tisch (born 1953), son of Laurence Tisch; CEO of LoewsCorporation Jamie Tisch, wife of Steve Tisch...
State Board of Regents and wife of James S. Tisch, an heir to the LoewsCorporation. In November 2015, she stepped down from her role after nearly 20...
reincorporated under the name Bulova Watch Company in 1923, became part of the LoewsCorporation in 1979, and was sold to Citizen at the end of 2007. Throughout its...
This is a list of notable corporations headquartered, current and historically, in New York City, New York. The table is arranged alphabetically by company...
eras. By 1968, the company was the target of a hostile takeover by LoewsCorporation, which had already owned 10% of the company's common stock. However...
on Amazon for $1,200 and eBay for $2,000. Laurence Tisch, who led LoewsCorporation with his brother, Robert Tisch, for more than half a century, also...
(1927–2017) and Preston Robert Tisch (1926–2005). Her father co-founded the LoewsCorporation with his brother Laurence Tisch and was a 50% owner of the New York...
the company. Loews Inc. would act as MGM's financier and retain controlling interest for decades. Though MGM was immediately successful, Loew died in 1927...
Net Enterprises and Standard Oil Co. of New Jersey) K: Kellanova L: LoewsCorporation (previously used by Liberty Financial Companies, Sinclair Oil Corp...
Sterling, and upon learning of the creation of MGM Records by the LoewsCorporation, Fred Rose negotiated a deal for Williams. Rose bought the Sterling...
David Geffen (1988 - 2007), Michael Dell, the Tisch family (owners of LoewsCorporation), and the Ziff family (owners of Ziff Davis) (1988 - 2013). In 2004...
Global Information
US$15.9 billion (2023)