Carolina Group , the spunoff unit of Loews Corp. that produces Lorillard tobacco products.
Jim Tisch expects the business to start paying dividends soon, helping Loews' cash pile.
Bulova is solidly profitable but, while enjoying the security of being 97%-owned by Loews Corp.
In early 2000 some big investors bailed out: Laurence Tisch's Loews arranged to sell 40 million shares.
Analysts generally think investors should stand pat on Loews, with one of two analysts rating it hold.
Wall Street doubted that the second generation could replace Larry and Bob and solve the problems facing Loews.
Loews' stock price has doubled over the past year and sells at just 9 times 2001 earnings prospects.
Loews (LTR, 89), which owns Lorillard Tobacco, trades at 7 times earnings and Philip Morris (MO, 36) at 9.
The majority of analysts think investors should stand pat on Loews, with one of two analysts rating it hold.
These sales and climbing oil prices ultimately fueled the rise in Loews' stock.
Earnings reports from cigarette manufacturer Lorillard and insurance conglomerate Loews boosted their stocks.
Analysts are split on Loews, but one of two analysts rate it hold.
Through managed accounts and three mutual funds, Southeastern holds positions in companies like Loews, Directv, FedEx and Consol Energy.
FORBES: Real Mastermind Behind Dell Buyout? Perhaps Not Billionaire Michael Dell
Unlike Berkshire, Loews doesn't sell at a premium to book value, but Tisch's company boasts a strong balance sheet.
"Jimmy earned his stripes under adversity, " adds Paul Fribourg, a Loews director and chairman of ContiGroup, a global food company.
Loews, owned by the Forbes 400-ranked Tisch family, reported a 16% jump in fourth quarter profit on better investment partnerships.
In Junehe brokered a meeting in Moscow between Putin and American Jewish leaders, including James Tisch, chief executive of Loews Corp.
Jim Tisch says that in 27 years with his father at Loews he can't recall ever hearing explicit praise--or criticism--from the boss.
There was a risk that the credit agencies would give them a ratings downgrade that might spill over to all of Loews.
Another stock he likes is Carolina Group, whose stock tracks Loews Corp.
Both Loews and Philip Morris are aggressive buyers of their own shares.
The shares of Buffett's Berkshire Hathaway and Tisch's Loews are down considerably.
Plus, Loews' Lorillard Tobacco is doing well, even with the tobacco litigation.
Try Oxford Health Plans (23, OXHP), Wellpoint Health Networks (85, WLP), Philip Morris (42, MO) and Loews (51, LTR), owner of Lorillard Tobacco.
Loews Coronado Bay offers all manner of water sports on its 15-acre private peninsula, from sailing and waterskiing to kayaking and stand-up paddling.
Loews' second generation of Tisches--Jim as chief executive and, as cochairmen, his older brother, Andrew, and Bob's second-born son, Jonathan--officially took over in 1999.
The 26-year-old athlete is accused of pulling the fire alarm at 2 a.m. at the Loews Vanderbilt Hotel, requiring the evacuation of the hotel.
The Loews hotel chain still reeled two years after Sept. 11.
He chose to ignore pleading from wise titans like Loews Corp.
Among the latter: Zappos.com, Loews Hotels and Chicken of the Sea.
应用推荐