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Benzinga's Top Upgrades
Monday, March 17, 2014 - 7:04am | 124Analysts at Goldman Sachs upgraded Lorillard (NYSE: LO) from “neutral” to “buy.” The price target for Lorillard is set to $60. Lorillard's shares closed at $51.86 on Friday. Bank of America upgraded Siemens AG (NYSE: SI) from “neutral” to “buy.” Siemens' shares closed at $125.75 on Friday....
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Benzinga's M&A Chatter for Monday March 3, 2014
Monday, March 3, 2014 - 6:15pm | 455The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday March 3, 2014: Report of Reynolds American Interest in Lorillard Acquisition The Rumor:Shares of Lorillard (NYSE: LO) surged higher Monday on a report from Financial Times that Reynolds American (NYSE:...
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Top 4 NYSE Stocks In The Cigarettes Industry With The Lowest PEG Ratio
Monday, February 24, 2014 - 4:07am | 102Below are the top cigarettes stocks on the NYSE in terms of PEG ratio. Lorillard (NYSE: LO) has a PEG ratio of 1.28. Lorillard's trailing-twelve-month ROA is 39.30%. Altria Group (NYSE: MO) has a PEG ratio of 1.87. Altria Group's trailing-twelve-month revenue is $17.66 billion Reynolds American...
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Benzinga's Top Downgrades
Thursday, February 13, 2014 - 7:54am | 141Analysts at Jefferies downgraded Lorillard (NYSE: LO) from “buy” to “hold.” The price target for Lorillard has been lowered from $54 to $51. Lorillard's shares closed at $47.47 yesterday. Analysts at JP Morgan downgraded Itron (NASDAQ: ITRI) from “neutral” to “underweight.” The price target for...
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US Stock Futures Down Ahead Of Jobless Claims, Retail Sales Data
Thursday, February 13, 2014 - 7:38am | 436Pre-open movers US stock futures fell in early pre-market trade, ahead of jobless claims data. Data on weekly jobless claims and retail sales for January will be released at 8:30 a.m. ET. Data on business inventories for December will be released at 10:00 a.m. ET. Futures for the Dow Jones...
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UPDATE: Lorillard Posts Lower Q4 Profit
Wednesday, February 12, 2014 - 8:26am | 71Lorillard (NYSE: LO) reported a 5.2% drop in its fourth-quarter earnings. Lorillard's quarterly profit slipped to $293 million, from a year-ago profit of $309 million. Its per-share earnings came in flat at $0.80 per share. Excluding special items, it earned $0.82 per share. Its sales climbed 2...
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Earnings Scheduled For February 12, 2014
Wednesday, February 12, 2014 - 5:20am | 667Deere & Company (NYSE: DE) is expected to report its FQ1 earnings at $1.53 per share on revenue of $6.62 billion. Cisco Systems (NASDAQ: CSCO) is projected to post its FQ2 earnings at $0.46 per share on revenue of $11.03 billion. Dr Pepper Snapple Group (NYSE: DPS) is estimated to post its Q4...
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Stocks To Watch For February 12, 2014
Wednesday, February 12, 2014 - 4:21am | 178Some of the stocks that may grab investor focus today are: Wall Street expects Dr Pepper Snapple Group (NYSE: DPS) to post its Q4 earnings at $0.85 per share on revenue of $1.47 billion. Dr Pepper Snapple shares rose 0.41% to $48.90 in after-hours trading. Analysts are expecting Cisco Systems (...
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Mid-Day Market Update: Dow Rises Over 1%; Cadence Pharma Shares Gain On Acquisition News
Tuesday, February 11, 2014 - 1:37pm | 656Midway through trading Tuesday, the Dow traded up 1.21 percent to 15,993.00 while the NASDAQ surged 0.98 percent to 4,188.74. The S&P also rose, gaining 1.03 percent to 1,818.31. Leading and Lagging Sectors On Tuesday, the basic materials sector proved to be a source of strength for the US...
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Earnings Scheduled For February 7, 2014
Friday, February 7, 2014 - 4:56am | 443Cigna (NYSE: CI) is expected to report its Q4 earnings at $1.49 per share on revenue of $7.35 billion. American Axle & Manufacturing Holdings (NYSE: AXL) is estimated to report its Q4 earnings at $0.48 per share on revenue of $864.10 million. Beacon Roofing Supply (NASDAQ: BECN) is projected...
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Top 4 Large-Cap Stocks In The Cigarettes Industry With The Highest EPS Estimates
Tuesday, February 4, 2014 - 4:10am | 141Below are the top large-cap cigarettes stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. British American Tobacco plc (NYSE: BTI) is likely to earn $7.07 per share in the next year ending December, 2014. British American Tobacco's trailing-twelve-month ROE is 56.77...
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Top 4 Stocks In The Dairy Products Industry With The Highest Profit Margin
Tuesday, January 7, 2014 - 4:34am | 114Below are the top dairy products stocks in terms of profit margin. The trailing-twelve-month profit margin at Emerald Dairy (OTC: EMDY) is 13.60%. Emerald Dairy's ROE for the same period is 16.66%. The trailing-twelve-month profit margin at Dean Foods Company (NYSE: DF) is 7.74%. Dean Foods' PEG...
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Stocks Hitting 52-Week Lows
Thursday, January 2, 2014 - 10:23am | 120Star Scientific (NASDAQ: STSI) shares reached a new 52-week low of $1.02 after the company received a warning letter from the FDA regarding consumer products. Intermolecular (NASDAQ: IMI) shares touched a new 52-week low of $4.84. Intermolecular shares have dropped 45.09% over the past 52 weeks,...
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Star Scientific Arranges $15M Credit Facility
Tuesday, December 31, 2013 - 10:28am | 63Star Scientific (NASDAQ: STSI) announced that today it has entered into a Letter of Intent for a $15 million Credit Facility with Jonnie R. Williams, Sr. the Company's founder and its former CEO. The Credit Facility extends through April 15, 2015. See full press release
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UPDATE: Star Scientific Receives Warning Letter from FDA Regarding Anatabloc, CigRx
Tuesday, December 31, 2013 - 10:10am | 196Star Scientific, Inc. (NASDAQ: STSI) announced the receipt on December 24, 2013, of a warning letter from the U.S. Food and Drug Administration (FDA) regarding two consumer products, Anatabloc® and CigRx®, which are marketed by the Company. The letter requires the Company to respond to the...