Carolina Group

News & Analysis

carolina group and loews corp. - All News and Analysis

• Carolina Group Reports Net Income for the First Quarter of 2008

  - 2008-04-28

  NEW YORK -- Loews Corporation (NYSE:LTR) today reported Carolina Group net income for the first quarter of 2008 of $171 million, compared to $189 million in the first quarter of 2007. The decline in net income reflects increased selling, advertising and administrative expenses as a result of costs associated with...

  Tags: Carolina Group, Loews Corp.

• Carolina Group Reports Net Income for 2007

  - 2008-02-11

  NEW YORK -- Loews Corporation (NYSE:LTR) today reported Carolina Group net income for the 2007 fourth quarter of $206 million, compared to $220 million in the 2006 fourth quarter. The decrease in net income is primarily due to a charge of $46 million, after taxes, related to litigation, partially offset...

  Tags: Carolina Group, Loews Corp.

• Carolina Group Reports Net Income for the Third Quarter of 2007

  - 2007-10-29

  NEW YORK -- Loews Corporation (NYSE:LTR) today reported Carolina Group net income for the 2007 third quarter of $233.6 million, compared to $202.9 million in the 2006 third quarter. The increase in net income is primarily due to higher effective unit prices resulting from a December 2006 price increase and...

  Tags: Carolina Group, Loews Corp.

• Carolina Group Reports Net Income for the Second Quarter of 2007

  - 2007-07-30

  NEW YORK -- Loews Corporation (NYSE:LTR) today reported Carolina Group net income for the 2007 second quarter of $227.1 million, compared to $187.2 million in the 2006 second quarter. The increase in net income is primarily due to higher effective unit prices resulting from a December 2006 price increase, an...

  Tags: Carolina Group, Loews Corp.

• Carolina Group Reports Net Income for the First Quarter of 2007

  - 2007-04-30

  NEW YORK -- Loews Corporation (NYSE:LTR) today reported Carolina Group net income for the 2007 first quarter of $188.7 million, compared to $150.1 million in the 2006 first quarter. The increase in net income is primarily due to higher effective unit prices resulting from a December 2006 price increase and...

  Tags: Carolina Group, Loews Corp.

• Loews Corporation Announces Net Income for 2006.

  - 2007-02-13

  M2 PRESSWIRE-13 February 2007-Morning Movers: Loews Corporation Announces Net Income for 2006C1994-2007 M2 COMMUNICATIONS LTD RDATE:13022007 Loews Corporation (NYSE:LTR), a holding company, is one of the largest diversified financial corporations in the United States. Its principal subsidiaries are CNA Financial Corporation...

  Tags: Carolina Group, CNA Financial Corp., Loews Corp.

• Promotional Spending Drops Profits for Loews Corp.'s Carolina Group.

  - 2004-04-30

  By Brian Louis, Winston-Salem Journal, N.C. Knight Ridder/Tribune Business News Apr. 30--Loews Corp. said yesterday that first-quarter profit fell 17 percent for its Carolina Group tracking stock because of increased promotional spending. "Lorillard is performing well in a difficult...

  Tags: Carolina Group, Loews Corp., Lorillard Inc.

• Parent of Greensboro, N.C.-Based Tobacco Firm Sees 26 Percent Drop in Profits.

  - 2004-02-13

  By Brian Louis, Winston-Salem Journal, N.C. Knight Ridder/Tribune Business News Feb. 13--Loews Corp. said yesterday that fourth-quarter profit fell 25.7 percent for its Carolina Group tracking stock as sales dropped because of increased promotional spending. "2003 was a relatively...

  Tags: Carolina Group, Loews Corp., Lorillard Inc.

• Loews Corp. Says Newport Cigarette Investments Decreased Third-Quarter Profit.

  - 2003-11-13

  By Brian Louis, Winston-Salem Journal, N.C. Knight Ridder/Tribune Business News Nov. 13--Loews Corp. said yesterday that third-quarter profit decreased 39 percent for its Carolina Group tracking stock because of investment losses and increased promotional spending on its Newport menthol cigarette brand....

  Tags: Carolina Group, Loews Corp., Lorillard Inc.

• Loews Corporation Reports Results for the Third Quarter of 2003

  - 2003-11-12

  Business Editors NEW YORK--BUSINESS WIRE--Nov. 12, 2003 Loews Corporation (NYSE:LTR;CG) today reported a consolidated net loss including both the Loews Group and Carolina Group for the 2003 third quarter of $1,382.9 million, compared to net income of $239.1 million for the third quarter of 2002. Consolidated net loss...

  Tags: Carolina Group, CNA Financial Corp., Company, Loews Corp., Loews Group