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I'm a big fan of Berkshire Hathaway (NYSE: BRK-A , BRK-B ) and Warren Buffett. As a result, I've become a big fan of holding company stocks.
Loews said on Monday that James Tisch will hand over the CEO role to his son after 25 years at the helm. The company also reported a 2.5% jump in its quarterly profit, helped by a rise in insurance premiums and higher returns on its investments.
Loblaw (TSX:L) and its parent company George Weston have agreed to pay $500 million to settle a class action lawsuit regarding the grocery chain's involvement in bread price-fixing. The plaintiffs alleged that between 2001 and 2015, a group of companies including Loblaws and the Weston companies, Metro, Walmart Canada, Giant Tiger and Sobeys and its owner Empire Company Limited engaged in a price-fixing conspiracy which artificially raised the prices of packaged bread.
NEW YORK, July 9, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) will report second quarter 2024 financial results on Monday, July 29, 2024. On that date the Company will also post earnings remarks on its website.
Jonathan Tisch, Loews Hotels executive chairman and New York Giants co-owner, joins 'Squawk on the Street' to discuss the executive chairman's thoughts on consumer spending, the company's hotel in Texas, and the trend for corporate travel.
NEW YORK , Jan. 16, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) will report fourth quarter 2023 financial results on Monday, February 5, 2024. On that date the Company will also post earnings remarks on its website.
Loews (NYSE:L) has reported a strong recovery in third-quarter revenue and earnings, supported by its insurance business and higher investment income. The conglomerate grew revenue to $3.93 billion for the three months to September 30, 2023, up from $3.46 billion in 3Q 2022.
NEW YORK , Oct. 10, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) will report third quarter 2023 financial results on Monday, October 30, 2023. On that date the Company will also post earnings remarks on its website.
NEW YORK , July 11, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) will report second quarter 2023 financial results on Monday, July 31, 2023. On that date the Company will also post earnings remarks on its website.
The move to share repurchases over the last few years has made the price-to-book ratio less reliable for finding hidden opportunities in stocks. How's that, you ask?