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Morgan Stanley Maintains Equal-Weight on Altria Group
Tuesday, July 12, 2011 - 6:40am | 87Morgan Stanley is out with its report today on Altria Group (NYSE: MO), maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "Long-term, we believe Altria has the potential to drive incremental shareholder value by more aggressively reducing its cigarette operating costs,...
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10 High Yield, High Momentum Stocks
Monday, July 11, 2011 - 11:20pm | 2859Once per month I run a high-yield dividend stock momentum screen and use the results to manage a hypothetical stock portfolio on Scott's Investments. The strategy did relatively well in 2010 and is one I continue to track because of its promise. In recent months I have also done a variation of...
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Stocks to Watch for Monday 07/11/11: Fresh 52 Week Highs and Lows
Sunday, July 10, 2011 - 5:15pm | 2231Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to lowest): 1) Melco Crown Entertainment (NASDAQ:...
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Morgan Stanley Comments on Lorillard
Friday, July 1, 2011 - 12:50pm | 112Morgan Stanley provided color on Lorillard (NYSE: LO) in a research report published today. Morgan Stanley has previously given Lorillard and Equal-Weight rating. In the report, Morgan Stanley states, "Lorillard's announcement of wholesale list price increases across the majority of its cigarette...
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Citi Reiterates Buy on Lorillard
Friday, July 1, 2011 - 8:14am | 108Citi is out with its report today on Lorillard (NYSE: LO), reiterating Buy. In a note to clients, Citi writes, "We remain encouraged by LO's healthy market share trends, as well as the company's positive price/mix and strong EBIT growth. In addition, today's news highlights the fact that pricing...
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Bank of America Comments on Lorillard Price Increases
Friday, July 1, 2011 - 6:30am | 158Bank of America reports that it learned (and confirmed) Thursday that Lorillard, Inc. (NYSE: LO) announced a list price increase on most of its cigarette brands. “Effective July 1, the wholesale price of Newport (menthol) will rise by $2.50 per 1000 cigarettes, or 50c per carton or 5c per pack,”...
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Health Over Profit: What the World Can Learn From Australia's Showdown With Philip Morris
Wednesday, June 29, 2011 - 10:43am | 588By Joe Jordan Australia's plan to introduce brand-less cigarette packs causes controversy and hope. n a way you can say the entire world is somewhat liberal. That is to say, that most countries are engaged in progress and reform. In an industry as blatantly unhealthy as the tobacco industry, it...
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Deutsche Bank Updates 6/28
Tuesday, June 28, 2011 - 6:38am | 451Deutsche Bank made a number of updates in a research report published today. Flowers Foods (NYSE: FLO) had its rating reinstated at Hold. At the same time, its price target was reduced from $25 to $20. On Monday, Flowers added 0.25% to its value to end the day at $21.74. Medicis Pharmaceutical (...
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Sectors to Watch 06-27-2011
Monday, June 27, 2011 - 7:13pm | 907Cusick's Corner While the market held onto the midday gains, the volume was light and the Greek austerity vote is still a headline risk in the market during this pre-vacation week. So while we watch the potential headlines overseas, do not lose sight of other barometers, .i.e. the offensive...
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Window Dressing 06-27-2011
Monday, June 27, 2011 - 2:25pm | 1003Cusick's Corner Window dressing -- the grind to the upside could be a combination of some end of the quarter window dressing with a twist of shorts being squeezed. The market has again held critical support, 1256 on the S&Ps, and found legs to bounce, plus Tech is leading again. Now I take...
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Puts Purchased on Reynolds American Inc.
Monday, June 27, 2011 - 12:11pm | 130Shares of Reynolds American Inc. (NYSE: RAI) are higher on the session by 0.30%, currently trading at $37.17. The stock has been moving largely higher over the past five months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short...
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Mondays Put/Call Ratio Leaders
Monday, June 27, 2011 - 11:14am | 79Here are today's Put/Call Ratio leaders… 1. Solarwinds Inc. (NYSE: SWI) 5,001 puts, 16 calls 2. Reynolds American Inc. (NYSE: RAI) 5,044 puts, 51 calls 3. NetLogic Microsystems Inc. (NASDAQ: NETL) 13,928 puts, 539 calls 4. Time Warner (NYSE: TWX) 4,895 puts, 237 calls 5. PulteGroup Inc. (NYSE: PHM...
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Under The Hood: The "Other" International Staples ETF
Thursday, June 23, 2011 - 1:06pm | 420When it comes to international consumer staples ETFs, the iShares S&P Global Consumer Staples ETF (NYSE: KXI) is the big kahuna. KXI, which is nearly five years old, has $351.6 million in assets under management, giving it a dominant position in this niche of the ETF world. Well, as is often...
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Bank of America Provides Color on Tobacco Industry
Thursday, June 23, 2011 - 7:34am | 471Bank of America provided color on the tobacco industry. In a research report published today, Bank of America commented on the Master Settlement Agreement payments. In the report, Bank of America states, "According to the Wall Street Journal, major cigarette manufacturers, including Altria,...
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Fast Money Pops & Drops, June 22nd (KMX, ADBE, AVAV, LO, JBL, LNG)
Wednesday, June 22, 2011 - 5:54pm | 243CNBC Fast Money's Guy Adami said that CarMax, Inc (NYSE: KMX) had a monster quarter. He explained that KMX will probably have one more day on the upside, but then it will fade around $34. CarMax, Inc (KMX) spiked 7.01% on Wednesday, and it closed at $32.66. Adobe Systems Incorporated (NASDAQ: ADBE...