International Business News - LTR http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Tobacco products producer Lorillard Inc. will replace Ambac Financial Group Inc. in the S&P 500 after the close of trading June 10, Standard & Poor's said Tuesday. http://www.ibtimes.com/articles/20080603/lorillard-to-replace-ambac-in-s-p-500.htm Tue, 03 Jun 2008 17:30:47 EDT As soaring gas prices putting vacation plans on hold, one hotel chain is hoping to lure guests with gas rebates. The promotion by Loews Hotels promises to reimburse guests for up to $50 of their hotel bill. The deal is part of the hotel's "Money for Miles" package, which includes a one-night stay at its Coronado Bay Resort in San Diego. http://www.ibtimes.com/articles/20080430/loews-to-offer-rebates-for-gas-as-part-of-package.htm Wed, 30 Apr 2008 16:07:55 EDT The Standard & Poor's 500 index ended lower on Monday, pulled down by RadioShack Corp., Goodyear Tire & Rubber Co. and Loews Corp. Shares of RadioShack, an electronics retailer, declined $2.37, or 13.5 percent, to $15.13 after posting a nearly 9 percent lower first-quarter profit. http://www.ibtimes.com/articles/20080428/s-p-500-leaders-and-laggards-rsh-ltr.htm Mon, 28 Apr 2008 17:19:55 EDT Carolina Group's profit slipped 10 percent in the first quarter on weaker investment returns and higher advertising costs, the cigarette maker said Monday. http://www.ibtimes.com/articles/20080428/carolina-groups-profit-slips-10-percent-in-1q.htm Mon, 28 Apr 2008 10:37:15 EDT Tens of thousands of ill Florida smokers and families of those who died are lining up for a share of a $600 million fund created by major tobacco companies as part of a 14-year-old lawsuit against cigarette manufacturers. http://www.ibtimes.com/articles/20080421/thousands-of-fla-smokers-to-split-600-million-tobacco-fund.htm Mon, 21 Apr 2008 13:50:22 EDT More beach resorts are offering pools with water slides, no-cost children's programs and other amenities that make them attractive, affordable alternatives for families looking for one-stop vacations, according to Parents magazine. http://www.ibtimes.com/articles/20080421/beach-resorts-offering-more-family-accommodations.htm Mon, 21 Apr 2008 12:08:08 EDT Shares of most insurance companies rose in early morning trading Thursday as the broader markets posted slight gains. Shares of American International Group Inc. rose 95 cents, or 2.2 percent, to $43.13. http://www.ibtimes.com/articles/20080320/opening-glance-insurance-companies.htm Thu, 20 Mar 2008 10:03:39 EDT Shares of insurers mostly rose Wednesday morning as broader markets moved higher in early morning trading. How some major insurers were performing after the opening bell: http://www.ibtimes.com/articles/20080319/opening-glance-insurers.htm Wed, 19 Mar 2008 10:10:56 EDT Shares of most insurers fell Monday afternoon as the broader markets declined on worries surrounding the uncertainty in the credit markets. Insurers in the financial guaranty and bond insurance sectors fell the most. http://www.ibtimes.com/articles/20080317/sector-snap-insurers-fall.htm Mon, 17 Mar 2008 11:41:12 EDT Boardwalk Pipeline Partners LP said Monday it plans to sell $700 million of new equity to majority shareholder Loews Corp. The investment will be made mostly through the sale of new Class B limited partnership units, according to the energy company. http://www.ibtimes.com/articles/20080317/boardwalk-plans-to-sell-some-new-equity.htm Mon, 17 Mar 2008 06:26:17 EDT Diversified holding company Loews Corp. announced a regular quarterly dividend of 45.5 cents. The company said the dividend is payable March 14 to shareholders of record as of March 3. http://www.ibtimes.com/articles/20080213/carolina-group-sets-quarterly-dividend.htm Wed, 13 Feb 2008 14:02:26 EST Shares of JDS Uniphase Corp. advanced on Monday, helping to send the Standard & Poor's 500 index to a higher finish. The S&P 500 index rose 7.84 points to 1,339.13. http://www.ibtimes.com/articles/20080211/s-p-500-leaders-laggards-jdsu-aig-big.htm Mon, 11 Feb 2008 17:38:48 EST Loews Corp. said Monday its profit shrank 37 percent in the fourth quarter as the conglomerate's insurance subsidiary lost money on its investments and the oil drilling unit incurred higher costs. http://www.ibtimes.com/articles/20080211/loews-profit-shrinks-37-percent-in-4q.htm Mon, 11 Feb 2008 10:43:24 EST Carolina Group's profit shrank 6 percent in the fourth quarter because of costs stemming from lawsuits over tobacco, the cigarette maker said Monday. Carolina Group earned $206 million, or $1.18 per share, in the fourth quarter, compared with profit of $220 million, or $1.26 per share, in the fourth quarter of 2006. http://www.ibtimes.com/articles/20080211/carolina-group-4q-profit-shrinks.htm Mon, 11 Feb 2008 10:05:34 EST Shares of Temple-Inland Inc. slid in midday trading Tuesday, helping to pull down the S&P 500 index, after the packaging and building materials maker finished spin-offs of its financial-services and real estate segments. http://www.ibtimes.com/articles/20071231/midday-leaders-and-laggards-s-p-500.htm Mon, 31 Dec 2007 12:36:58 EST A director of Loews Corp., which owns insurance, hotel and energy businesses, bought 4,000 shares of common stock, according to a Securities and Exchange Commission filing Thursday. http://www.ibtimes.com/articles/20071221/loews-director-berman-buys-4-000-shares.htm Fri, 21 Dec 2007 15:08:58 EST Fitch Ratings on Monday affirmed home improvement retailer Loews Corp.'s debt ratings after the company approved a plan to spin off its interest in cigarette maker Lorillard. http://www.ibtimes.com/articles/20071217/fitch-affirms-loews-credit-ratings.htm Mon, 17 Dec 2007 18:07:17 EST The future of the U.S. tobacco industry came into sharper focus on Monday when Loews Corp. announced it would spin off its Lorillard cigarette subsidiary, positioning the maker of Newport, Kent and True brands to compete with rivals who are aggressively looking to replace cigarettes as a source of revenue. http://www.ibtimes.com/articles/20071217/loews-to-spin-off-lorillard-tobacco.htm Mon, 17 Dec 2007 15:47:00 EST Wall Street extended last week's losses Monday as investors remained concerned about flagging growth and rising prices, and were skeptical that a special Federal Reserve credit auction will be a solution. http://www.ibtimes.com/articles/20071217/stocks-fall-amid-economic-worries.htm Mon, 17 Dec 2007 15:30:06 EST Stocks that were moving substantially or trading heavily Monday on the New York Stock Exchange: Ingersoll-Rand Co., down $4.18 at $45 http://www.ibtimes.com/articles/20071217/ingersoll-rand-loews-among-big-movers.htm Mon, 17 Dec 2007 13:40:34 EST