Tobacco

On CNBC's Mad Money Lightning Round OT, Jim Cramer said that ValueVision Media, Inc. (NASDAQ: VVTV) has the revenue, but it doesn't have the profits. In this kind of market, Cramer doesn't want to buy stock like this one. ValueVision Media, Inc. (VVTV) gained 1.33% today, and it closed at $6.84....

Altria Group, Inc. (NYSE: MO) today announced that, based on applicable accounting principles generally accepted in the United States of America , in the second quarter of 2011 it will record a one-time charge of approximately $630 million against its 2011 reported earnings related to the tax...

Morgan Stanley reiterated its Equal-weight rating on Lorillard (NYSE: LO). In a research report published today, Morgan Stanley stressed that Lorillard's near-term risk-reward remains relatively unattractive. In the report, Morgan Stanley named the reasons as, "First, we have received little...

1) Lorillard (NYSE: LO): Currently trading up 2.2% from yesterday's close to $99.33. The stock has lost 14.8% over the past seven trading sessions. 2) Hormel Foods (NYSE: HRL): Currently trading up 1.5% from yesterday's close to $28.83. The stock has lost 1.7% over the past seven trading sessions...

After losing nearly 20% of its value over the past several session, Lorillard Inc. (NYSE: LO) shares are rising 2.5% today on 1.3 million shares. At last check, shares were up $2.45 to $99.65, a gain of 2.52%. Yesterday, the company added an ex-FDA official Neil Wilcox as the company's new Chief...

Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...

Cusick's Corner The Chief spoke and the market was not impressed, but there was nothing said that was unexpected. Next issue is that the guidance coming out from various companies speaking at industry events has been even less inspiring. The market is getting into a more and more defensive mode...

Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced the appointment of Dr. Neil L. Wilcox, a former U.S. Food and Drug Administration (FDA) science policy analyst, as senior vice president of product-related regulations and chief...

Cusick's Corner Not surprised with the bounce into the Midday -- it would be surprising if it garners any momentum. Fed Chief is speaking this afternoon, right at the close, but I doubt that he will douse any fuel on the markets, i.e. QE talk. I will watch the action into the close because that...

Goldman Sachs has a Buy rating and a $118 price target on shares of Lorillard, Inc. (NYSE: LO), as it believes the sell off in Lorillard has been overdone. In a note to investors, Goldman Sachs writes, "While LO shares could be choppy in the near term, we believe the likelihood that TPSAC proposes...

In looking for opportunities to write about today, I stumbled across a website called WhatsTrading.com. This is a handy website to bookmark as it provides data on options trading activity. Quite often, but not always, heavy activity in the options of any given stock can give an accurate picture...

Cusick's Corner The market has broken down and while we are at potential congestion levels/support levels, the shorts are not covering at this stage. Right now the market is seeing volatility start to move and this is a point where you could see stocks get into a range, especially now that we are...

Cusick's Corner With Finance and Energy challenged, plus AAPL under some pressure, the shorts have the strength on their side in spite of Friday's Bullish technical set up that created an inverted hammer. The market looks poised for continued safe haven buying, Gold/Silver, along with continued...

Lorillard Inc. (NYSE: LO) is getting crushed today, down nearly 7% on nearly three times the average volume as maker of menthol cigarettes was downgraded twice today, mostly on valuation concerns. Morgan Stanley and Davenport both lowered their ratings on the stock. Morgan Stanley went to Equal-...

Shares of Reynolds American Inc. (NYSE: RAI) are higher on the session by 0.52%, trading at $38.80. Overall put volume is now running at 2.71x the daily average, with 39% of all puts traded being purchases on the offer. 1,113 contracts have traded on the session so far. Reynolds American Inc. is...