WTF.
9:00 AM Frustrated for years Loews (L) doesn't trade at or above a sum-of-the-parts valuation, the Tisch family may be going after a new type of value investor, unveiling a snazzy (by value shop standards) new logo and website, and introducing comic book hero Lotta Value: Investment Hunter. Underneath it all, nothing's changed: "Money does not burn a hole in our pockets - we set a high bar for use of our cash resources." [Financials] Comment!
http://www.loews.com/our-story/value-investing/"Join Lotta on a Quest For Value"
I think it will continue to trade at a discount for a long time to come. Well-known name, but this isn't going to help it get newfound respect.
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Here's image they put front-and-center when you click on About Loews Corporation: