1 Energy Stock Warren Buffett Is Buying Hand Over Fist
Warren Buffett resumes building a stake in Occidental Petroleum. Plus, earnings reports have prompted some insider buying this past week.
Headquartered in New York, NY Fiscal year ends December NYSE: L loews.com
Loews Corporation is a diversified holding company with consolidated subsidiaries operating across insurance, energy, hospitality, and packaging industries. Its largest subsidiary, CNA Financial Corporation (NYSE: CNA), is a property and casualty insurance company. Boardwalk Pipelines operates natural gas pipeline and storage assets serving markets across the United States. Loews Hotels & Co owns and operates luxury hotels and resorts, with significant properties at Universal Orlando Resort and in Miami Beach. The company also holds an equity interest in Altium Packaging, a packaging business. Loews maintains a substantial parent-company cash and investment portfolio and actively returns capital to shareholders through share repurchases. Updated
Warren Buffett resumes building a stake in Occidental Petroleum. Plus, earnings reports have prompted some insider buying this past week.
Peloton was among the leading gainers in Monday's premarket session and Alibaba was among the big losers.
24/7 Wall St. has screened the S&P 500 financial sector for the financial companies trading at the deepest discounts to their stated book values.
While the S&P 500 managed to recapture all-time highs in August, many of its stocks and sectors are not participating in the economic recovery and bull market at all. These 40 stocks…
Oil driller Diamond Offshore on Sunday filed for bankruptcy protection as it tries to strengthen its balance sheet and reorganize its debt.
The top analyst upgrades, downgrades and other research calls from Monday include Andeavor, CSX, Lam Research, Owens Corning, UPS and Xerox.
Two GE board members joined CEO John Flannery in adding to their positions in the company's stock. The jolt helped keep the share price dip to a minimum.
Diamond Offshore Drilling reported mixed third-quarter 2016 results before markets opened on Monday.
Diamond Offshore Drilling reported better-than-expected second-quarter 2016 results before markets opened on Monday.
Diamond Offshore Drilling reported fourth-quarter and full-year 2015 results before markets opened on Monday.
This week's insider selling was lighter than we have seen over the past month. Any large year-end rally could induce more selling.
It comes as no surprise that insiders have ratcheted up the selling recently. But we saw little if any selling in names that looked distressed.
Diamond Offshore Drilling reported better-than-expected third-quarter 2015 results before markets opened on Monday.
We mentioned often that the market has not seen a 10% correction for three years. This week's selling may very well get that talking point off the books and set the stage…
When the world’s largest offshore driller sneezes, the entire industry gets a cold. That is what happened Thursday.
Loews Corporation is a diversified holding company with consolidated subsidiaries operating across insurance, energy, hospitality, and packaging industries. Its largest subsidiary, CNA Financial Corporation (NYSE: CNA), is a property and casualty insurance company.
24/7 Wall St.'s 12-month price target for L is $85.49, rated Sell. The Wall Street consensus target is $60.00. L price prediction →