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Loews Corp (L.N)

L.N on New York Stock Exchange

47.79USD
25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Diamond Offshore announces public debt offering
Monday, 31 Jul 2017 10:06am EDT 

July 31 (Reuters) - Diamond Offshore Drilling Inc ::Diamond Offshore announces public debt offering.Intends to offer senior unsecured notes​.To use net proceeds from sale of notes, cash on hand, to fund redemption of outstanding 5.875 pct senior notes due 2019​.  Full Article

Loews Corp reports Q2 earnings per share $0.69
Monday, 31 Jul 2017 06:00am EDT 

July 31 (Reuters) - Loews Corp ::Loews Corporation reports net income of $231 million for the second quarter of 2017.Q2 earnings per share $0.69.Q2 earnings per share view $0.76 -- Thomson Reuters I/B/E/S.Loews Corp - ‍book value per share increased to $55.90 at June 30, 2017 from $53.96 at December 31, 2016​.Loews Corp qtrly total revenues $3,359 million versus $3,307 million last year.  Full Article

Diamond Offshore reports Q2 earnings per share $0.12
Monday, 31 Jul 2017 06:00am EDT 

July 31 (Reuters) - Diamond Offshore Drilling Inc ::Diamond offshore announces second quarter 2017 results.Q2 adjusted earnings per share $0.45.Q2 earnings per share $0.12.Q2 earnings per share view $0.24 -- Thomson Reuters I/B/E/S.Q2 total revenues $399.2 million versus $388.7 million.Results for Q2 were impacted by impairment charges and related taxes of $46 million or $0.33 per diluted share.As of June 30, 2017, company's total contracted backlog was $2.9 billion.  Full Article

LOEWS SETS QUARTERLY DIVIDEND OF $0.0625 PER SHARE
Tuesday, 9 May 2017 09:37am EDT 

May 9 (Reuters) - Loews Corp :SETS QUARTERLY DIVIDEND OF $0.0625 PER SHARE.  Full Article

Diamond Offshore reports Q1 EPS $0.17
Monday, 1 May 2017 06:00am EDT 

May 1 (Reuters) - Diamond Offshore Drilling Inc :Diamond Offshore announces first quarter 2017 results.Q1 earnings per share $0.17.As of March 31, 2017, company's total contracted backlog was $3.2 billion, which represents 23 rig years of work.Qtrly total revenues $ 374.2 million versus $ 470.5 million.During quarter, company executed new contracts for Ocean Monarch in Australia, first of which is scheduled to commence in late Q1 of 2018.Q1 earnings per share view $0.12, revenue view $363.5 million -- Thomson Reuters I/B/E/S.  Full Article

Loews Corp Q1 earnings per share $0.87
Monday, 1 May 2017 06:00am EDT 

May 1 (Reuters) - Loews Corp ::Loews Corporation reports net income of $295 million for the first quarter of 2017.Q1 earnings per share $0.87.Loews Corp- book value per share increased to $54.91 at March 31, 2017 from $53.96 at december 31, 2016.Q1 total revenues $3,300 million versus $3,173 million last year.Q1 earnings per share view $0.66 -- Thomson Reuters I/B/E/S.  Full Article

Loews agrees to buy Consolidated Container Co for about $1.2 bln
Tuesday, 11 Apr 2017 08:15am EDT 

Loews Corp : Loews Corporation agrees to acquire Consolidated Container Company . Loews Corp - deal for approximately $1.2 billion . Loews Corp - CCC will be a part of a newly-created segment called Loews Packaging Group . Loews Corp says deal will be funded with approximately 50 percent cash-on-hand and 50 percent debt at ccc .Loews corp - to acquire Consolidated Container Company from Bain Capital private equity.  Full Article

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

BRIEF-Loews Corp reports Q2 earnings per share $0.69

* Loews Corporation reports net income of $231 million for the second quarter of 2017