Loews Corporation · New York, NY United States ·(NYSE: L)
Company Description
Phone: 212-521-2000
Fax: 212-521-2525
Rankings
- #434 in FT Global 500
- #174 in FORTUNE 500
- S&P 500
View Loews Corporation Locations On A US Map
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This link will open in a new window This diversified holding company not only drills deep and makes the bed -- it'll insure others that do, too. Loews' main interest is insurance through publicly traded subsidiary CNA Financial , which offers commercial property/casualty coverage. Other wholly owned and partially owned holdings include hotels in the US and Canada through its Loews Hotels subsidiary. Its energy holdings include contract oil-drilling operator Diamond Offshore Drilling (which operates nearly 50 offshore oil rigs), interstate natural gas transmission pipeline systems operator Boardwalk Pipelines , and HighMount Exploration & Production (also natural gas). To read the full description, subscribe now.
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Key Loews Corporation Financials
| Company Type | Public - NYSE: L Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $13,247.0 |
| 2008 Employees | 19,100 |
Loews Corporation Executives
26 executives listed for Loews Corporation's New York, NY location.
| Title | Name & Bio | Contact |
| Co-Chairman, Office of the President, and Chairman, Executive Committee | Andrew Tisch | Network |
| Co-Chairman and Office of the President; Chairman and CEO, Loews Hotels | Jonathan Tisch | Network |
| President, CEO, Office of the President, and Director | James Tisch | Network |
Competition
Competitive Landscape for Loews Corporation
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Loews Corporation Competitors
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