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L
Loews Corporation

5/26/2012, 11:56 AM ET
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  • April 30 More on Loews (L +0.6%) Q1: Net profit attributable to Loews slips 3.2% to $367M as revenue rises 2%. A net profit increase of 6% to $226M at CNA Financial (CNA +3.2%) (see Q1), in which Loews owns 90%, was unable to totally offset weaker performances at Loews other holdings, including Diamond Offshore Drilling (DO).
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    [Earnings, Financials]
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Company Description

We are a holding company. Our subsidiaries are engaged in the following lines of business:

•commercial property and casualty insurance (CNA Financial Corporation, a 90% owned subsidiary);

•operation of offshore oil and gas drilling rigs (Diamond Offshore Drilling, Inc., a 50.4% owned... More