Loews Corporation

Northpath Investments Finalizes MetroShops Acquisition in Hyattsville, Maryland

Retrieved on: 
Wednesday, February 21, 2024
Acquisition, Senior, Bed, Sale, LA Fitness, Citibank, University, Loews Corporation, Housing, Prince

NEW YORK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Northpath Investments (“Northpath”) is pleased to announce the successful acquisition of MetroShops, a prominent 160,623-square-foot retail center located in the Washington, D.C. suburb of Hyattsville, Maryland.

Key Points: 
  • NEW YORK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Northpath Investments (“Northpath”) is pleased to announce the successful acquisition of MetroShops, a prominent 160,623-square-foot retail center located in the Washington, D.C. suburb of Hyattsville, Maryland.
  • In conjunction with the acquisition, Northpath was able to secure a favorable fixed rate loan through Loews Corporation.
  • Built in 2007, MetroShops boasts a diverse tenant mix featuring nationally and regionally recognized brands such as Bob’s Discount Furniture, Staples, LA Fitness, Citibank, and Dunkin Donuts.
  • The center strategically benefits from cross-shopping synergies with the one-million square foot Mall at Prince George’s directly across Highway 410.

Soloviev Group Signs Tikehau Capital to Long Term Lease at 9 West 57th Street

Retrieved on: 
Thursday, March 7, 2024
Commercial Building & Real Estate, Construction & Property, Building Systems, Alberto Giacometti, Solovyov, Apollo, Multimedia, Loews Corporation, CBRE, Pleasure, Long Island Sound, Tenant, SOM, Avison Young, Coffee, Hudson River, Skidmore, Owings & Merrill, Environment

This long-term lease marks a major milestone for Stefan Soloviev, chairman of the Soloviev Group, who predicted the building would reach full occupancy during a live interview less than a year ago.

Key Points: 
  • This long-term lease marks a major milestone for Stefan Soloviev, chairman of the Soloviev Group, who predicted the building would reach full occupancy during a live interview less than a year ago.
  • “It just goes to show you that we have something special going on at 9 West 57th Street.
  • I truly believe that 9 West 57th Street is the best commercial building in the world.
  • 9 West 57th Street, which is owned and managed by the Soloviev Group, also serves as its corporate headquarters.

Loews Arlington Hotel and Convention Center Officially Opens Its Doors

Retrieved on: 
Tuesday, February 13, 2024
Amon, Restaurant, Complex, Loews Hotels, Sculpture, Sport, University, Student, Assistant, City, Associate, Veranda, Convention center, Texas Rangers, UTA, AT&T Stadium, Ranger, Life, Heart, Texas State Highway 288, Moses Austin, Exhibition, HKS, Dallas Cowboys, Glass, Loews Corporation, Coffee, Museum, Amusement park

ARLINGTON, Texas, Feb. 13, 2024 /PRNewswire/ -- Loews Hotels & Co, a wholly owned subsidiary of Loews Corporation (NYSE: L), today opens the Loews Arlington Hotel and Convention Center. The hotel is Loews' second and largest hotel in Arlington, Texas and the first-of-its-kind in the market, ushering a new era of hospitality to North Texas.

Key Points: 
  • $550 Million Hotel Development is Loews' Second Loews Property in the Metroplex, adding 888 rooms and 266,000 square feet of function space to Arlington's Entertainment District
    ARLINGTON, Texas, Feb. 13, 2024 /PRNewswire/ -- Loews Hotels & Co, a wholly owned subsidiary of Loews Corporation (NYSE: L), today opens the Loews Arlington Hotel and Convention Center.
  • Loews Arlington Hotel and Convention Center was built by JE Dunn, who built the Loews Kansas City Hotel, which opened in June 2020.
  • Loews Arlington Hotel and Convention Center is located at 888 Nolan Ryan Expressway in Arlington, TX.
  • To download photos of the new Loews Arlington Hotel, click here: Loews Arlington Images

AM Best Affirms Credit Ratings of CNA Financial Corporation and Its Subsidiaries

Retrieved on: 
Friday, December 15, 2023
Insurance, Professional Services, Pressure, NYSE, ERM, CNA, CNA Financial, Credit, Long-Term Capital Management, CNAF, AM Best, Loews Corporation, Good, News, FSR, ALL, Risk management, Security (finance)

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation (CNAF) [NYSE: CNA], collectively known as CNA Insurance Companies (CNA).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation (CNAF) [NYSE: CNA], collectively known as CNA Insurance Companies (CNA).
  • Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and all existing Long-Term Issue Credit Ratings (Long-Term IR) of CNAF.
  • The ratings also acknowledge the historical financial support provided by CNA’s diversified 91.7%-shareholder ultimate parent, Loews Corporation.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

Loews Corporation Elects Jonathan Locker to Its Board of Directors

Retrieved on: 
Tuesday, September 19, 2023
Loews Corporation, Tiger Global Management, Tiger Management, Partner, Investment, NYSE, Audit committee, Holding company, Financial services

NEW YORK, Sept. 19, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today that Jonathan Locker has been elected a director of Loews and appointed as a member of its Audit Committee.

Key Points: 
  • NEW YORK, Sept. 19, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today that Jonathan Locker has been elected a director of Loews and appointed as a member of its Audit Committee.
  • Mr. Locker currently serves as President of Tiger Management, an investment firm founded by Julian H. Robertson, and previously served as a Partner at Tiger Global Management, an investment firm focused on public and private equity investments.
  • In addition, since 2014 he has run a personal family office with investments across a wide range of asset classes, including public securities, private equity, real estate and venture capital.

AM Best Affirms Credit Ratings of CNA Financial Corporation and Its Subsidiaries

Retrieved on: 
Thursday, August 17, 2023
Insurance, Professional Services, Pressure, Good, AM Best, Loews Corporation, CNA Financial, ALL, ERM, Long-Term Capital Management, Credit, CNA, CNAF, FSR, AM, News, NYSE, Security (finance), Risk management

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation (CNAF) [NYSE: CNA], collectively known as CNA Insurance Companies (CNA).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation (CNAF) [NYSE: CNA], collectively known as CNA Insurance Companies (CNA).
  • Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and all existing Long-Term Issue Credit Ratings (Long-Term IR) of CNAF.
  • The ratings also acknowledge the historical financial support provided by CNA’s diversified 91.7%-shareholder ultimate parent, Loews Corporation.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

Lindsay Corporation to Present at the William Blair 43rd Annual Growth Stock Conference

Retrieved on: 
Wednesday, May 31, 2023
Environment, Manufacturing, Sustainability, Agriculture, Natural Resources, Other Manufacturing, Loews, Loews Corporation, Corporation, Senior, LNN, Conference, NYSE, William Blair & Company, Lindsay Corporation, Cryptocurrency, Management

Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that Randy Wood, President and Chief Executive Officer, and Brian Ketcham, Senior Vice President and Chief Financial Officer, will present at the William Blair 43rd Annual Growth Stock Conference, being held June 6 - 8, 2023 at The Loews in Chicago, IL.

Key Points: 
  • Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that Randy Wood, President and Chief Executive Officer, and Brian Ketcham, Senior Vice President and Chief Financial Officer, will present at the William Blair 43rd Annual Growth Stock Conference, being held June 6 - 8, 2023 at The Loews in Chicago, IL.
  • Management’s presentation is scheduled to begin on Tuesday, June 6th at 10:40 AM CT.
  • In addition to the live presentation, senior management will be conducting one-on-one meetings with investors and interested parties that have registered to attend the conference.

Loews Corporation to Release First Quarter 2023 Results on May 1, 2023

Retrieved on: 
Tuesday, April 11, 2023
Loews Corporation, Loews, NYSE

NEW YORK, April 11, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) will report first quarter 2023 financial results on Monday, May 1, 2023.

Key Points: 
  • NEW YORK, April 11, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) will report first quarter 2023 financial results on Monday, May 1, 2023.
  • On that date the Company will also post earnings remarks on its website.
  • These remarks will include commentary from the Company's Chief Executive Officer, James S. Tisch, and Chief Financial Officer, Jane Wang.
  • Management may address some or all of these questions in the earnings remarks.

Loews Corporation to Release Fourth Quarter 2022 Results on February 6, 2023

Retrieved on: 
Tuesday, January 24, 2023
Loews, NYSE, Loews Corporation, Film industry

NEW YORK, Jan. 24, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) will report fourth quarter 2022 financial results on Monday, February 6, 2023.

Key Points: 
  • NEW YORK, Jan. 24, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) will report fourth quarter 2022 financial results on Monday, February 6, 2023.
  • On that date the Company will also post earnings remarks on its website.
  • These remarks will include commentary from the Company's chief executive officer, James S. Tisch, and chief financial officer, Jane Wang.
  • Management may address some or all of these questions in the earnings remarks.

LOEWS CORPORATION ANNOUNCES REVERSAL OF TRIAL COURT DECISION IN BOARDWALK PIPELINES ACQUISITION LITIGATION

Retrieved on: 
Tuesday, December 20, 2022
Courts of Delaware, Delaware Court of Chancery, NYSE, Delaware Supreme Court, Delaware Court, Insurance, Supreme court, Chancery Court of York, Boardwalk Pipelines, Court of Chancery, Loews Corporation, Acquisition, Boardwalk

NEW YORK, Dec. 20, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today that the Delaware Supreme Court reversed the November 2021 decision of the Delaware Court of Chancery that had awarded former minority unitholders in its Boardwalk Pipelines subsidiary approximately $690 million, plus interest.

Key Points: 
  • NEW YORK, Dec. 20, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today that the Delaware Supreme Court reversed the November 2021 decision of the Delaware Court of Chancery that had awarded former minority unitholders in its Boardwalk Pipelines subsidiary approximately $690 million, plus interest.
  • This award was in connection with Loews's 2018 acquisition of Boardwalk units.
  • The Delaware Supreme Court remanded the case to the Chancery Court for further proceedings consistent with the Delaware Supreme Court's ruling.
  • We encourage interested parties to read the Delaware Supreme Court decision," said James S. Tisch, President and CEO of Loews Corporation.