L News and Press, Loews Corporation From 08/01/22

Loews press release ( NYSE: L ): Q2 GAAP EPS of $0.73. Revenue of $3.39B (-15.3% Y/Y). "Operationally our subsidiaries performed very well this quarter. Loews Hotels & Co achieved its highest net income quarter in over a decade and equity market volatility masked C...

LOEWS CORPORATION REPORTS NET INCOME OF $180 MILLION FOR THE SECOND QUARTER OF 2022 PR Newswire NEW YORK , Aug. 1, 2022 /PRNewswire/ -- Loews Corporation (NYSE:L) today reported net income of $180 million , or $0.73 per share, for the second quart...

We are long-term, patient, and active value investors. Our mission is to be responsible stewards in our clients’ financial lives. Our objective is to seek long-term growth of capital. Our thesis focuses on continued growth in software solutions. Looking at a company's norma...

Gainers: Pennsylvania Real Estate Investment Trust ( PEI ) +13%, Qudian ( QD ) +11%, SVB Financial ( SIVB ) +8%, Delaware Investments National Municipal Income Fund ( VFL ) 6%, Lakeland Financial ( LKFN ) +5% . Losers: Zhong Yang Fin...

Loews Hotels & Co Tops Off the $550 Million, 888-room Loews Arlington Hotel and Arlington Convention Center and Names Soy Cowboy as Hotel's Signature Restaurant Anchor Loews Hotels & Co Tops Off the $550 Million, 888-room Loews Arlington Hotel and Arlington Convention Ce...

Loews Corporation to Release Second Quarter 2022 Results on August 1, 2022 PR Newswire NEW YORK , July 19, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) will report second quarter 2022 financial results on Monday, August 1, 2022. The conferen...

This will be Part I in a series where I’ll first examine REIT subsectors that are doing better – much better! – as a result of the pandemic. My next article will examine a few more winners, as well as some losers. But for now…. U.S. equity REITs own rou...

Davis Selected Advisers 13F portfolio value decreased from $21.52B to $19.79B this quarter. They increased Meta Platforms, Viatris, JD.com, and Coupang while reducing Wells Fargo and American Express. The top three positions are Berkshire Hathaway, Wells Fargo, and Capital One Fin...

Wells Fargo says it is time to close out reopening trades and focus on the new landscape of a slowing economy. The rise in the 2-year Treasury yield (SHY) above 3% was the catalyst for a hard economic landing to become the base case, senior equity analyst Chris Harvey wrote in a note Tuesday....

Insiders scaled back their buying after three weeks of elevated buying. Despite the huge declines in their stock, insiders continue to sell. Last week, we also saw 7 different insiders of DoorDash, including the CFO and General Counsel, sell stock. For further details see: ...