May 23, 2013
This article discusses the holding company Loews. For the home improvement company, see Lowe's Companies (LOW).
Loews Corporation (NYSE: L) is a holding company with subsidiaries in the fields of natural gas transportation, luxury watch brands, Property & Casualty Insurance, offshore drilling, hotels, and cigarettes. Loews management members are active in each of the subsidiaries’ boards - ensuring that the companies are always run in compliance with the Loews approach to investing. Loews is historically a conservative investor who maintains an ample amount of cash on reserve to provide the flexibility to act when needed on a new acquisition or to revive a struggling subsidiary.
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