Loews Corporation
Loews Corporation is an American conglomerate headquartered in New York City. The company's majority-stake holdings include CNA Financial Corporation, Diamond Offshore Drilling, Boardwalk Pipeline Partners, Loews Hotels and Altium Packaging. The corporation positions itself as a value investor with a long-term focus. In recent years, Loews has also allocated significant capital for share buybacks. In the three years ended December 31, 2012, Loews spent $1.3 billion repurchasing shares. Between 1971 and 2020, the corporation reduced its shares outstanding from 1.3 billion shares to 291 million shares. History Loews Corporation traces its roots to 1946 when Laurence Tisch persuaded his parents to invest $125,000 to buy a resort hotel in Lakewood, New Jersey. Laurence's brother Robert joined the business shortly thereafter. The Tisch brothers began to invest their profits in expanding the hotel business. By 1956, the brothers were in a position to build their first hotel, the Ame ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Boardwalk Pipeline Partners
Boardwalk Pipeline Partners, LP, which conducts business through its primary subsidiary Boardwalk Pipelines, LP and its subsidiaries, is an energy company based in Houston, Texas. It is a master limited partnership operating in the midstream portion of the natural gas and natural gas liquids (NGLs) industry, primarily providing transportation and storage for those commodities. Boardwalk owns approximately of natural gas and NGLs pipelines and underground storage caverns having an aggregate capacity of approximately 205 billion cubic feet (Bcf) of working natural gas and of NGLs. Boardwalk's pipeline system originates in the Gulf Coast region, Oklahoma and Arkansas and extends north and east to the Midwestern states of Tennessee, Kentucky, Illinois, Indiana, and Ohio, and Boardwalk's NGLs pipeline and storage facilities are located in Louisiana and Texas. Boardwalk Pipelines Holding Corp., which is a wholly owned subsidiary of Loews Corporation, owns 100% of Boardwalk Pipeline P ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Multiplex (movie Theater)
A multiplex is a movie theater complex with multiple screens within a single complex. They are usually housed in a specially designed building. Sometimes, an existing venue undergoes a renovation where the existing auditoriums are split into smaller ones, or more auditoriums are added in an extension or expansion of the building. The largest of these complexes can sit thousands of people and are sometimes referred to as a megaplex. The difference between a multiplex and a megaplex is related to the number of screens, but the dividing line is not well-defined. Some say that 16 screens and stadium seating make a megaplex, while others say that at least 24 screens are required. Megaplex theaters may have stadium seating or normal seating, and may have other amenities often not found at smaller movie theaters; multiplex theatres often feature regular seating. The Kinepolis-Madrid Ciudad de la Imagen megaplex in Spain is the largest movie theater in the world, with 25 screens and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Loews Cineplex Entertainment
Loews Cineplex Entertainment, also known as Loews Incorporated, is an American theater chain operating in North America. From 1924 until 1959, it was also the parent company of Metro-Goldwyn-Mayer Studios (MGM). The company was originally called "Loew's," after the founder, Marcus Loew. In 1969, when the Tisch brothers acquired the company, it became known as "Loews." The company merged with Canadian-based Cineplex Odeon Corporation in 1998, only to become bankrupt in 2001. The company merged with AMC Theatres on January 26, 2006, while the Canadian operations merged with Cineplex Galaxy in 2003. The Loews Theatres name was used until 2017 when AMC simplified their branding to focus on three main lines: AMC, AMC Classic and AMC Dine-In after their purchase of Carmike Cinemas. Prior to the discontinuation, Loews Cineplex operated its theatres under the Loews Theatres, Cineplex Odeon, Star Theatres and Magic Johnson Theatres brands. Its corporate offices were located in New Yor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Metro-Goldwyn-Mayer
Metro-Goldwyn-Mayer Studios Inc., also known as Metro-Goldwyn-Mayer Pictures and abbreviated as MGM, is an American film, television production, distribution and media company owned by amazon (company), Amazon through MGM Holdings, founded on April 17, 1924 and based in Beverly Hills, California. MGM was formed by Marcus Loew by combining Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Productions, Louis B. Mayer Pictures into one company. It hired a number of well known actors as contract players—its slogan was "more stars than there are in heaven"—and soon became Hollywood's most prestigious film studio, producing popular musical films and winning many Academy Awards. MGM also owned film studios, movie lots, movie theaters and technical production facilities. Its most prosperous era, from 1926 to 1959, was bracketed by two productions of ''Ben-Hur (1959 film), Ben Hur''. After that, it divested itself of the Loews movie theater chain, and, in the 1960s, diversified ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United States V
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Supreme Court Of The United States
The Supreme Court of the United States (SCOTUS) is the highest court in the federal judiciary of the United States. It has ultimate appellate jurisdiction over all U.S. federal court cases, and over state court cases that involve a point of federal law. It also has original jurisdiction over a narrow range of cases, specifically "all Cases affecting Ambassadors, other public Ministers and Consuls, and those in which a State shall be Party." The court holds the power of judicial review, the ability to invalidate a statute for violating a provision of the Constitution. It is also able to strike down presidential directives for violating either the Constitution or statutory law. However, it may act only within the context of a case in an area of law over which it has jurisdiction. The court may decide cases having political overtones, but has ruled that it does not have power to decide non-justiciable political questions. Established by Article Three of the United States ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bal Harbour, Florida
Bal Harbour is a village in Miami-Dade County, Florida. The population was 3,093 at the 2020 US Census. History Since the 1920s, the Detroit-based Miami Beach Heights Corporation—headed by industrialists Robert C. Graham, Walter O. Briggs, and Carl G. Fisher—owned of undeveloped, partially swampy land that stretched from the bay to the Atlantic. Mr. Graham assumed the duties as the developer for Bal Harbour. In the 1930s, city planners Harland Bartholomew & Associates were called in to design the Village. The company made several plans, and they were submitted to the Miami Beach Heights for review. The original name chosen for Bal Harbour was Bay Harbour. However, the planning committee didn't think that was appropriate for a city that was on the beach. A name was invented to encompass a village that ran from the bay to the Atlantic Ocean. The ''b'' was taken from the word ''bay'' and the ''a'' and ''l'' were taken from the name Atlantic. Hence the word ''Bal'' was creat ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Preston Robert Tisch
Preston Robert Tisch (April 29, 1926 – November 15, 2005) was an American businessman who was the chairman and—along with his brother Laurence Tisch—was part owner of the Loews Corporation. From 1991 until his death, Tisch owned 50% of the New York Giants football team and shared ownership of the team with Wellington Mara. Early life Tisch was born in 1926 in the Bensonhurst section of Brooklyn, the son of Sadye and Al Tisch. Tisch received a BA degree in economics from the University of Michigan in 1948, and his wife Joan Tisch and his daughter also received degrees at the university. While in college Tisch was a member of Sigma Alpha Mu, a Jewish fraternity. Career On August 16, 1986, he was appointed Postmaster General of the United States Postal Service, serving until March 1, 1988. In 1991, Tisch purchased fifty percent of the New York Giants of the National Football League. The team had been owned by the Mara family since the team’s founding, but the stak ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lakewood, New Jersey
Lakewood Township is the most populous township in Ocean County, in the U.S. state of New Jersey. A rapidly growing community as of the 2020 U.S. census, the township had a total population of 135,158 representing an increase of 41,415 (+45.5%) from the 92,843 counted in the 2010 census.DP-1 - Profile of General Population and Housing Characteristics: 2010 for Lakewood township, Ocean County, New Jersey , . Accessed January 3, 2012. [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Laurence Tisch
Laurence Alan Tisch (March 5, 1923 – November 15, 2003) was an American businessman, investor and billionaire. He was the CEO of CBS television network from 1986 to 1995. With his brother Bob Tisch, he was part owner of Loews Corporation. Early life Tisch was born March 5, 1923, in Brooklyn, New York, the son of Sadye (née Brenner) and Al Tisch. His father's parents had emigrated from Ukraine and his mother's parents from Poland. He was of Jewish descent. His father, a former All-American basketball player at the City University of New York, owned a garment factory as well as two summer camps which his wife helped him run. Education and early career He graduated from New York University when he was just 18 and received a Penn Wharton MBA in industrial management by 20. In 1946, he made his first investment, purchasing a 300-room winter resort in Lakewood, New Jersey with $125,000 in seed money (roughly equivalent to $1.5 million at 2012 prices) from his parents. [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |