Loews Corp (L): Gary W Garson , Sr. Vice Pres., GC & Sec. of Loews Corp sold 1,120 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were sold at $39.68 per share for a total value of $44,441.60 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 22, 2016, Gary W Garson (Sr. Vice Pres., GC & Sec.) sold 4,857 shares at $38.92 per share price.On Mar 3, 2016, Ann E Berman (director) sold 1,500 shares at $36.79 per share price.Also, On Mar 3, 2016, Philip A Laskawy (director) sold 1,500 shares at $36.78 per share price.On Mar 3, 2016, Charles M Diker (director) sold 1,500 shares at $36.79 per share price.
Shares of Loews Corporation (L) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.1 points or -0.25% at $39.76 with 7,37,659 shares getting traded. Post opening the session at $39.68, the shares hit an intraday low of $39.52 and an intraday high of $39.95 and the price vacillated in this range throughout the day. The company has a market cap of $13,479 M and the number of outstanding shares has been calculated to be 33,89,98,280 shares. The 52-week high of Loews Corporation is $41.96 and the 52-week low is $33.84.
Loews Corporation is a holding company. The Company through its subsidiaries is engaged in commercial property and casualty insurance; operation of offshore oil and gas drilling rigs; transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas and operation of a chain of hotels. The Companys subsidiaries include CNA Financial Corporation (CNA); Diamond Offshore Drilling Inc. (Diamond Offshore); Boardwalk Pipeline Partners LP (Boardwalk Pipeline) and Loews Hotels Holding Corporation (Loews Hotels). CNAs insurance products primarily include commercial property and casualty coverages including surety. Diamond Offshore is engaged in the business of operating drilling rigs. Boardwalk Pipeline is engaged in natural gas and natural gas liquids transportation and storage and natural gas gathering and processing. The subsidiaries of Loews Hotels Holding Corporation operate a chain of 21 hotels.