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Stocks To Watch For July 7, 2014
Monday, July 7, 2014 - 3:04am | 245Some of the stocks that may grab investor focus today are: Tekmira Pharmaceuticals (NASDAQ: TKMR) shares tumbled more than 15% on Thursday after the company revealed the Phase I trial of one of its lead drug candidates was put on hold by the FDA for safety concerns. Tekmira Pharma shares dipped 15....
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Stocks To Watch For May 22, 2014
Thursday, May 22, 2014 - 3:13am | 287Some of the stocks that may grab investor focus today are: Wall Street expects Dollar Tree (NASDAQ: DLTR) to report its Q1 earnings at $0.66 per share on revenue of $2.01 billion. Dollar Tree shares declined 0.04% to $49.98 in after-hours trading. Best Buy Co (NYSE: BBY) is estimated to report...
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Lorillard Issues Response to FDA's Proposed Deeming Regulations for eCigs
Thursday, April 24, 2014 - 10:31am | 236Lorillard, Inc. (NYSE: LO), the third largest tobacco company in the United States and owner of blu eCigs, the leading U.S. electronic cigarette company, responded to proposed regulations published today by the U.S. Food and Drug Administration (FDA) regarding the electronic cigarette industry....
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Lorillard Elects New Board Member
Monday, March 31, 2014 - 3:10pm | 663Lorillard, Inc. (NYSE: LO), the third largest tobacco company in the United States, today announced the election of Jerry W. Levin to its Board of Directors, effective immediately. The Board is now comprised of nine members, eight of whom are non-executive independent directors. "We are delighted...
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Top 4 Large-Cap Stocks In The Cigarettes Industry With The Highest ROA
Friday, March 21, 2014 - 4:25am | 127Below are the top large-cap cigarettes stocks on the NYSE and the NASDAQ in terms of return on assets. The trailing-twelve-month return on assets at Lorillard (NYSE: LO) is 39.74%. Lorillard's revenue for the same period is $4.97 billion. The trailing-twelve-month return on assets at Philip...
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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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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...