BRAMPTON, Ontario, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Loblaw Companies Limited (TSX: L; “Loblaw”) announced today that, in connection with its previously announced transaction (the “Transaction”) involving the sale of President’s Choice Bank and certain other affiliated entities to EQB Inc. (“EQB”) and long-term strategic relationship with EQB, it has entered into an automatic share purchase plan (“ASPP”) with a broker in order to facilitate the purchase of common shares in the capital of EQB (“EQB Common Sh ...

OpenAI and Loblaw Logos for Loblaw Companies Limited and OpenAI PC Express and ChatGPT Mobile phone screenshots depicting the customer experience Mobile phone screenshots depicting the customer experience Mobile phone screenshots depicting the customer experience PC Express and ChatGPT Mobile phone screenshots depicting the customer experience BRAMPTON, Ontario, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Loblaw Companies Limited (TSX: L; “Loblaw”) today announced a first-of-its kind shopp ...

Financial Performance - The company reported a significant increase in revenue, with a year-over-year growth of 15% to $5.2 billion[7]. - The company expects revenue growth to continue at a rate of 10% for the next fiscal year, projecting revenues of approximately $5.7 billion[7]. - The company reported a net income of $800 million, representing a 12% increase compared to the previous year[7]. - The company plans to increase its dividend payout by 5% in the next quarter, reflecting its strong financial performance[7]. User Engagement - User data showed a 20% increase in active users, reaching 10 million by the end of the quarter[7]. Product Development - New product launches contributed to a 25% increase in sales in the last quarter, with the latest product line accounting for $1.3 billion in revenue[7]. - The company is investing $200 million in research and development for new technologies aimed at enhancing user experience[7]. Market Strategy - Market expansion efforts have led to a 30% increase in market share in the Asia-Pacific region[7]. - The company is exploring strategic acquisitions to bolster its market position, with a target of completing at least two acquisitions by the end of the fiscal year[7]. Cost Management - The company has implemented cost-cutting measures that are expected to save approximately $50 million annually[7]. Industry Risks - CNA is subject to extensive regulatory limitations, including capital adequacy requirements and potential downgrades by rating agencies[29]. - Boardwalk Pipelines faces risks related to climate change and operational hazards, which may impact its ability to meet obligations[29]. - Loews Hotels & Co is exposed to significant competition in the hospitality industry, affecting customer acquisition and property development[29]. - Boardwalk Pipelines relies on a limited number of customers for a substantial portion of its revenues, increasing credit risk[29]. - Loews Hotels & Co's operations are subject to seasonal and cyclical volatility, impacting financial performance[29]. - Boardwalk Pipelines may encounter challenges in replacing expiring storage contracts at attractive rates due to market conditions[29]. - Loews Hotels & Co's investments in real estate through partnerships and joint ventures carry inherent risks due to lack of unilateral control[29]. - Regulatory initiatives may impose new or more stringent pipeline safety requirements affecting Boardwalk Pipelines[29]. - Loews Hotels & Co faces potential labor shortages and collective bargaining agreements impacting its labor force[29]. - Boardwalk Pipelines' operations are vulnerable to catastrophic losses and unforeseen interruptions for which it may not be adequately insured[29].

Loews reports higher Q4 and full-year profit Proactive uses images sourced from Shutterstock Loews Corp (NYSE:L) has reported fourth quarter 2025 net income of $402 million, up from $187 million a year earlier, and full-year net income of $1.67 billion, as investment gains and corporate segment performance offset weaker results across several operating units. The New York-based holding company has major businesses in commercial insurance, natural gas pipelines, hospitality, and packaging through subsidiar ...

Core Insights - Loews Corp reported weakness across most of its business units, particularly in its flagship insurance business, attributed to softer underwriting practices, although this was partially mitigated by returns on investments [1] Business Performance - The insurance business of Loews Corp experienced a decline due to weaker underwriting performance [1] - Returns on investments provided some offset to the overall weakness in business units [1]

Financial Performance - Loews Corporation reported a net income of $402 million, or $1.94 per share, for Q4 2025, compared to $187 million, or $0.86 per share, in Q4 2024[2] - For the full year 2025, net income attributable to Loews Corporation was $1,667 million, or $7.97 per share, up from $1,414 million, or $6.41 per share, in 2024[5] - CNA Financial's net income attributable to Loews Corporation was $276 million in Q4 2025, a significant increase from $19 million in Q4 2024[3] - Boardwalk Pipelines reported a net income of $110 million in Q4 2025, down from $145 million in Q4 2024, primarily due to the non-recurrence of a $36 million income tax benefit[3] - Loews Hotels' net income decreased to $6 million in Q4 2025 from $27 million in Q4 2024, impacted by a $20 million asset impairment charge[3] - Net income attributable to Loews Corporation for the year ended December 31, 2025, was $1,667 million, a 17.9% increase from $1,414 million in 2024[18] Revenue and Premiums - Total revenues for Loews Corporation increased to $4,734 million in Q4 2025, up from $4,546 million in Q4 2024, representing a growth of 4.1%[18] - Insurance premiums for Loews Corporation rose to $2,797 million in Q4 2025, up from $2,679 million in Q4 2024, reflecting a growth of 4.4%[18] - Net earned premiums for CNA Financial grew by 5% and net written premiums grew by 2% in 2025[6] Operational Efficiency - The underlying combined ratio for CNA was 92.3% in Q4 2025, an improvement from 91.4% in Q4 2024, reflecting better operational efficiency[23] - The loss ratio for CNA Financial Corporation was 63.4% in Q4 2025, compared to 62.8% in Q4 2024, indicating a slight deterioration in underwriting performance[23] - Corporate segment results improved year-over-year due to higher investment income from the parent company trading portfolio[3] Shareholder Actions - Loews Corporation repurchased 8.9 million shares of its common stock in 2025 for a total cost of $782 million[1] - The weighted average number of shares for Loews Corporation decreased to 206.80 million in Q4 2025 from 217.83 million in Q4 2024, indicating a reduction in share dilution[18] Expenses and EBITDA - Operating expenses for Loews Corporation decreased to $2,043 million in Q4 2025 from $2,328 million in Q4 2024, a reduction of 12.3%[18] - Adjusted EBITDA for Loews Hotels increased by 35% to $113 million compared to $84 million in the previous year[6] - Loews Hotels & Co's Adjusted EBITDA increased to $113 million in Q4 2025, compared to $84 million in Q4 2024, marking a significant growth of 34.5%[26] - Boardwalk Pipelines reported an EBITDA of $287 million for Q4 2025, slightly down from $290 million in Q4 2024[24] Book Value - Book value per share increased to $90.71 as of December 31, 2025, from $79.49 as of December 31, 2024[3]

Core Insights - Loews Corporation reported a significant increase in net income for the fourth quarter of 2025, reaching $402 million or $1.94 per share, compared to $187 million or $0.86 per share in the same quarter of 2024, largely due to the absence of a pension settlement charge that impacted the previous year's results [2][5][8]. Consolidated Financial Highlights - For the fourth quarter of 2025, consolidated revenues totaled $4.734 billion, an increase from $4.546 billion in the fourth quarter of 2024 [19]. - The company’s net income attributable to Loews Corporation for the year ended December 31, 2025, was $1.667 billion, or $7.97 per share, compared to $1.414 billion, or $6.41 per share, in 2024 [8][19]. - Book value per share increased to $90.71 as of December 31, 2025, from $79.49 as of December 31, 2024 [4][19]. Segment Performance - CNA Financial's net income attributable to Loews Corporation was $276 million in Q4 2025, a significant increase from $19 million in Q4 2024, excluding the prior year's pension charge [4][5]. - Boardwalk Pipelines reported a decrease in net income to $110 million in Q4 2025 from $145 million in Q4 2024, primarily due to the non-recurrence of a $36 million income tax benefit recorded in the previous year [4][19]. - Loews Hotels & Co experienced a decline in net income to $6 million in Q4 2025 from $27 million in Q4 2024, mainly due to a $20 million asset impairment charge related to hotel renovations [4][19]. Share Repurchase Activity - In 2025, Loews Corporation repurchased a total of 8.9 million shares of its common stock for $782 million, with 1.0 million shares repurchased in Q4 2025 for $98 million [1][17]. Cash and Debt Position - As of December 31, 2025, Loews Corporation held $3.9 billion in cash and investments against $1.8 billion in debt, indicating a strong liquidity position [4].

INVESTOR PRESENTATION February 2026 2025 Q4 Legal Disclaimers 1. See Appendix – "Boardwalk EBITDA" for a reconciliation of net income attributable to Loews to EBITDA, a non-GAAP measure. 2. See page titled "Loews Hotels & Co – Portfolio" for additional information about hotels owned and operated by Loews Hotels & Co. Forward Looking Statements and Risk Factors. The information presented herein is generally available from public sources, including our and our subsidiaries' earnings releases and SEC filings. ...

From Silicon Valley leaders and Wall Street heavyweights to members of the British royal family, a wide array of influential men appear in a massive set of documents released on Friday by the Justice Department as part of its investigation into Jeffrey Epstein, as reported by AP.Many of those named have denied close associations with the late financier or any involvement in the alleged sexual abuse of underage girls and young women that led to his arrest on sex-trafficking charges.Also Read | Epstein files ...

Core Viewpoint - A significant release of documents by the Justice Department reveals connections between various powerful individuals and Jeffrey Epstein, highlighting their relationships and interactions with him despite his known criminal history [1][2]. Group 1: Notable Individuals and Their Connections - Britain's Prince Andrew has been linked to Epstein through allegations of trafficking, with his name appearing multiple times in the released documents, including private emails [3]. - Elon Musk is mentioned in emails from 2012 and 2013 discussing potential visits to Epstein's Caribbean island, although he claims to have refused invitations [4][5]. - New York Giants co-owner Tisch is referenced over 400 times, with correspondence indicating Epstein offered to connect him with women, which Tisch acknowledges but denies visiting the island [6][7]. - Former Commerce Secretary Lutnick's past visit to Epstein's island contradicts his previous claims of severing ties, as emails show he accepted an invitation in December 2012 [8][9]. - Google co-founder Brin had plans to meet with Epstein and Ghislaine Maxwell, with emails indicating social invitations prior to public accusations against Epstein [10]. Group 2: Political and Diplomatic Connections - Steve Bannon, a former adviser to Trump, exchanged numerous friendly texts with Epstein, discussing various topics including politics and a potential documentary to improve Epstein's image [11]. - Lajcak, a national security adviser to the Slovakian prime minister, resigned following the release of his communications with Epstein, which he claimed were part of his diplomatic duties [12][13]. Group 3: Philanthropic and Social Interactions - Richard Branson invited Epstein to his private island in 2013, discussing philanthropy and financial ideas, but later severed ties after learning more about Epstein's allegations [14][15][16].