Today, a Director at Loews Corp (L), Philip Laskawy, sold shares of L for $66.5K.
Following Philip Laskawy’s last L Sell transaction on March 03, 2016, the stock climbed by 14.9%. In addition to Philip Laskawy, one other L executive reported Sell trades in the last month.
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Based on Loews Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $3.69 billion and quarterly net profit of $394 million. In comparison, last year the company earned revenue of $3.54 billion and had a net profit of $293 million. L’s market cap is $15.87B and the company has a P/E ratio of 22.20. Currently, Loews Corp has an average volume of 618.1K.
The insider sentiment on Loews Corp has been negative according to 66 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Loews Corp. is a holding company, which engages in the oil and gas business. It operates through the following segments: CNA Financial, Diamond Offshore, Boardwalk Pipeline, Loews Hotels and Corporate. The CNA Financial segment offers property, casualty, insurance, and underwriting services. The Diamond Offshore segment manages drilling rigs.
