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Productivity Rises 2.6% in 4Q - Analyst Blog
Thursday, February 3, 2011 - 3:38pm | 2444Non-Farm Business Productivity grew at 2.6% (seasonally adjusted annual rate) in the fourth quarter, an acceleration from the 2.4% rate in the third quarter. The third quarter numbers were revised up slightly from 2.3%. For 2010 as a whole, productivity rose by 3.6%, up from 3.5% for all of 2009,...
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Reynolds American Reports Q4 EPS of $.60 vs. $.62
Thursday, February 3, 2011 - 7:46am | 75Reynolds American Inc. (NYSE: RAI) today announced fourth-quarter 2010 adjusted EPS of $0.60, up 9.1 percent from the prior-year quarter, driven by strong performance on key brands, higher pricing and productivity improvements. Adjusted results exclude non-cash trademark and goodwill impairments,...
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Philip Morris USA Sues Retailers to Combat Counterfeit Cigarette Sales
Wednesday, February 2, 2011 - 9:55am | 142On Friday, working with the Suffolk County Police Department, Philip Morris USA seized two hundred and ninety packs of counterfeit Marlboro cigarettes from two retailers on the Poospatuck Reservation in Suffolk County, NY as part of a lawsuit filed by PM USA against the smoke shops. Earlier last...
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Fast Money Picks For February 1st (TLT, CCK, MO, CVI)
Monday, January 31, 2011 - 7:15pm | 226On CNBC's Fast Money, Brian Kelly recommended a long position in iShares Barclays 20+ Year Treasury Bond (ETF) (NYSE: TLT). iShares Barclays 20+ Year Treasury Bond (ETF) (TLT) fell 0.76% in the regular session, but it added 0.31% in the after hours. Guy Adami likes Crown Holdings, Inc. (NYSE: CCK...
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Friday's Put/Call Ratio Leaders (MLNX, FLEX, TLM, DHI, RAI)
Friday, January 28, 2011 - 12:54pm | 91Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Mellanox Technologies (NASDAQ: MLNX) 3,640 puts, 33 calls 2. Flextronics International (NASDAQ: FLEX) 3,488 puts, 79 calls 3. Talisman Energy (NYSE: TLM) 3,221 puts, 82 calls 4. D.R....
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Zacks #5 Rank Additions for Friday - Tale of the Tape
Friday, January 28, 2011 - 8:40am | 352Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Alliance Finl Corp (ALNC) Amer National BankShares Inc (AMNB) Argo Group Intl Holdings Ltd (AGII) British Amer Tobacco (BTI) Bryn Mawr Bank Corp (BMTC) View the entire Zacks #5 Rank List. ARGO GROUP INTL (AGII): Free Stock...
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Zacks #5 Rank Additions for Friday - Tale of the Tape
Friday, January 28, 2011 - 8:14am | 352Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Alliance Finl Corp (ALNC) Amer National BankShares Inc (AMNB) Argo Group Intl Holdings Ltd (AGII) British Amer Tobacco (BTI) Bryn Mawr Bank Corp (BMTC) View the entire Zacks #5 Rank List. ARGO GROUP INTL (AGII): Free Stock...
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Altria Reports In-Line - Analyst Blog
Thursday, January 27, 2011 - 6:31pm | 931Altria Group Inc. (MO) the manufacturer and seller of cigarettes, wine and other tobacco products, registered robust fourth quarter and full fiscal 2010 results. Virginia-based Altria posted adjusted earnings of 44 cents a share in the quarter, which was up 12.8% compared with the prior-year...
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Altria Reports In-Line - Analyst Blog
Thursday, January 27, 2011 - 5:50pm | 931Altria Group Inc. (MO) the manufacturer and seller of cigarettes, wine and other tobacco products, registered robust fourth quarter and full fiscal 2010 results. Virginia-based Altria posted adjusted earnings of 44 cents a share in the quarter, which was up 12.8% compared with the prior-year...
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J.P. Morgan Comments on Altria Group's FY2010 Earnings (MO)
Thursday, January 27, 2011 - 9:50am | 125J.P. Morgan is out with its report on Altria Group (NYSE: MO), commenting on MO's FY2010 earnings. In a note to clients, J.P. Morgan writes, "FY adjusted EPS $1.90 (2009 $1.75) compares with our estimate of $1.90 and Bloomberg consensus of $1.90 (range $1.88-$1.92). Guidance for 2011 on an adjusted...
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Making Use Of All Tools Available.
Thursday, January 27, 2011 - 8:26am | 1571Long time readers will know about some of the building blocks I believe in for portfolio construction which include a mix of different tools, a higher dividend than the S&P 500 (most of the time), building a portfolio at the sector level and a lot of foreign exposure. Every now and then I like...
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Altria Group Reports $920 Million Profit (MO)
Thursday, January 27, 2011 - 7:16am | 218Richmond, Virginia-based Altria Group, Inc. (NYSE: MO) released financial results on Thursday morning. Altria Group, Inc announced that its 4th quarter net earnings climbed 26.7% to $920 million, or 44 cents per share, up from $726 million, or 35 cents per share, a year earlier. Altria Group, Inc...
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JP Morgan Upgrades LO To Neutral
Wednesday, January 26, 2011 - 6:35am | 40Analysts at JP Morgan upgrade Lorillard Inc (NYSE: LO) from “underweight” to “neutral.” LO shares gained 0.22% to close at $74.41 yesterday. More Analyst Ratings here
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Dr Faessel - Re (CIGX) Naked Shorting and todays US Patent & Trademark Office Ruling
Tuesday, January 25, 2011 - 12:12pm | 897Hark! Just as I was about to publish the below response to the many questions I've had re the “shorting” of Star Scientific (NASDAQ: CIGX) the US Patent & Trademark Officeruled in favor of Star Scientific petition in a patent reexamination process. (CIGX) also confirmed that oral...
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Thursday's Put/Call Ratio Leaders (CTCT, TS, SVNT, TLB, LO)
Thursday, January 20, 2011 - 2:27pm | 89Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Constant Contact (NASDAQ: CTCT) 2,515 puts, 17 calls 2. Tenaris (NYSE: TS) 2,638 puts, 24 calls 3. Savient Pharmaceuticals (NASDAQ: SVNT) 7,127 puts, 224 calls 4. Talbots Inc. (NYSE:...