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Loews Corp (L.N)

L.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Diamond Offshore announces tax expense adjustment to Q4, FY16 earnings
Monday, 13 Feb 2017 06:08am EST 

Diamond Offshore Drilling Inc - : Diamond Offshore announces tax expense adjustment to fourth quarter and full year 2016 earnings . Has revised its previously-announced earnings for quarter and year ended December 31, 2016 . Net loss for full year 2016 declined by approximately $43 million, or $0.31 per diluted share . Tax liability reflected in "other liabilities" on its consolidated balance sheet was reduced by approximately $43 million .Net income for Q4 of 2016 increased by approximately $43 million, or approximately $0.32 per diluted share.  Full Article

Loews Corp reports Q4 EPS $0.79
Monday, 6 Feb 2017 06:00am EST 

Loews Corp : Loews Corp reports net income of $632 million for 2016 . Q4 earnings per share $0.79 . Q4 earnings per share view $0.63 -- Thomson Reuters I/B/E/S . Qtrly revenues $3,338 million versus $3,333 million .Book value per share increased to $53.89 at December 31, 2016 from $51.67 at December 31, 2015.  Full Article

Diamond Offshore reports Q4 EPS $0.53
Monday, 6 Feb 2017 06:00am EST 

Diamond Offshore Drilling Inc : Diamond offshore announces fourth quarter 2016 results . Q4 earnings per share $0.53 . Q4 earnings per share view $0.13 -- Thomson Reuters I/B/E/S . As of December 31, 2016, company's total contracted backlog was $3.6 billion, which represents 25 rig years of work . Approximately 94 pct of company's available ultra-deepwater rig days for 2017 are contracted . Qtrly total revenues $391.9 million .Q4 revenue view $358.3 million -- Thomson Reuters I/B/E/S.  Full Article

Diamond Offshore Q3 EPS $0.10
Monday, 31 Oct 2016 06:00am EDT 

Diamond Offshore Drilling Inc : Diamond Offshore Drilling - during quarter, company announced new contracts for ocean valiant and ocean scepter with Maersk in UK and Fieldwood in Mexico . Diamond Offshore Drilling Inc- as of September 30, 2016, company's total contracted backlog was $4.1 billion, which represents 27 rig years of work . Qtrly total revenues $349.2 million versus $609.7 million . Q3 revenue view $363.2 million -- Thomson Reuters I/B/E/S . Diamond offshore announces third quarter 2016 results .Q3 earnings per share view $0.08 -- Thomson Reuters I/B/E/S.  Full Article

Diamond Offshore Q2 adjusted earnings per share $0.16
Monday, 1 Aug 2016 06:00am EDT 

Diamond Offshore Drilling Inc : Diamond offshore announces second quarter 2016 results . Q2 loss per share $4.30 . Q2 adjusted earnings per share $0.16 excluding items . Q2 earnings per share view $0.04 -- Thomson Reuters I/B/E/S . Q2 total revenues $388.7 million versus $470.5 million . Q2 revenue view $373.5 million -- Thomson Reuters I/B/E/S . As of June 30, 2016, company's total contracted backlog was $4.4 billion . Results for Q2 were significantly impacted by impairment charges and related taxes of $612 million, or $4.46 per diluted share .Says additionally, company intends to scrap Ocean Quest and Ocean Star.  Full Article

Loews Corp Q2 loss per share $0.19
Monday, 1 Aug 2016 06:00am EDT 

Loews Corp : Loews Corp reports results for the second quarter of 2016 . Q2 loss per share $0.19 . Q2 earnings per share view $0.57 -- Thomson Reuters I/B/E/S . Qtrly total revenues $3,307 million versus $3,435 million .Book value per share excluding accumulated other comprehensive income increased to $52.84 at June 30, 2016 from $52.72 at December 31, 2015.  Full Article

Loews sets quarterly dividend of $0.0625/shr
Tuesday, 10 May 2016 10:41am EDT 

Loews Corp :Sets quarterly dividend of $0.0625 per share.  Full Article

Loews Corporation prices $500 million offering of senior notes
Thursday, 17 Mar 2016 03:45pm EDT 

Loews Corporation:Has priced a public offering of $500 million aggregate principal amount of 3.75% Senior Notes due 2026.Expects the offering to close on March 22.Intends to use the net proceeds from the offering for general corporate purposes.  Full Article

Loews Corporation announces quarterly dividend on common stock
Tuesday, 10 Nov 2015 12:28pm EST 

Loews Corporation:Says declaration of quarterly dividend of $0.0625 per share of common stock.Payable on December 11 to shareholders of record date as on November 30.  Full Article

Loews Corporation declares dividend
Tuesday, 11 Aug 2015 12:17pm EDT 

Loews Corp:Sets quarterly dividend of $0.0625 per share.  Full Article

More From Around the Web

BRIEF-Loews CEO says James Tisch's 2016 total compensation was $5.8 mln

* CEO James Tisch's 2016 total compensation was $5.8 million versus $5.3 million in 2015 - SEC Filing