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Universal Corporation Increases Dividend to $.48
Thursday, November 4, 2010 - 12:32pm | 62George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), announced today that the Company's Board of Directors has declared a quarterly dividend of forty-eight cents ($0.48) per share on the common shares of the Company, payable February 14,...
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Dividend Stocks Jumping On Tax Cut News (MO, PG)
Thursday, November 4, 2010 - 11:22am | 133President Obama said earlier that he would be open to discussing an extension of the Bush tax cuts for everyone, not just people making under $250,000. This is extremely beneficial to dividend stocks like Altria (NYSE: MO) and The Procter & Gamble Company (NYSE: PG), as the majority of people...
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Top 4 Stocks In The Cigarettes Industry With The Highest Dividend Yield (VGR, MO, LO, PM)
Wednesday, November 3, 2010 - 4:20am | 119Below are the top cigarette stocks on the NYSE and the NASDAQ in terms of dividend yield. Vector Group Ltd (NYSE: VGR) has a dividend yield of 8.60%. VGR's shares closed at $18.75 yesterday. Altria Group Inc (NYSE: MO) has a dividend yield of 6.00%. MO's shares closed at $25.57 yesterday. Lorillard...
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Zacks #1 Rank Additions for Monday - Tale of the Tape
Tuesday, November 2, 2010 - 10:33am | 343Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Autoliv Inc (ALV) Biogen Idec Inc (BIIB) British American Tobacco ADR (BTI) Brush Engineered Material (BW) Canon Inc ADR (CAJ) View the entire Zacks #1 Rank List. AUTOLIV INC (ALV): Free Stock Analysis Report BIOGEN IDEC INC...
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CIGX - Best Idea Update
Friday, October 29, 2010 - 12:58pm | 1849Star Scientific Inc. (NASDAQ: CIGX) $1.97 Nasdaq Market-cap $237 million There are several drivers to the (CIGX) story, but the short version is that it encapsulates 3 potentially rich and separate themes that taken individually could fire this stock into a moon shot; potentially it...
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Stifel Nicolaus Has A Hold Rating On Altria (MO)
Wednesday, October 27, 2010 - 2:17pm | 146Christopher Growe, of Stifel Nicolaus, said in an interview on CNBC that he has a hold rating on Altria Group, Inc. (NYSE: MO). He explained that Altria Group (MO) and other tobacco stocks had a great run, and they are now less attractive than consumer staples or the market, on P/E multiple basis....
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News Summary
Monday, October 25, 2010 - 9:25am | 134The board of directors of Lockheed Martin Corp (NYSE: LMT) has authorized a new share buyback plan of about $3 billion. The company had repurchased around 169 million shares in the earlier program over the 8 years. Lorillard Inc (NYSE: LO) reported a rise of 17% in its Q3 net income. The company's...
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Company News for October 25, 2010 - Corporate Summary
Monday, October 25, 2010 - 9:03am | 595• The Singapore Stock Exchange agreed to purchase its Australia-based peer, ASX, for $8.3 billion • Carlyle announced plans to buy CommScope (NYSE: CTV) for $31.50 per share • Lorillard (NYSE: LO) reported third quarter earnings of $1.81 a share, $0.17 higher than estimated, on revenues up 12.6% to...
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Reynolds American Lights Up 3Q - Analyst Blog
Thursday, October 21, 2010 - 1:03pm | 412Reynolds American Inc. (RAI) delivered robust third quarter results for 2010. The company posted adjusted quarterly earnings of $1.35 per share surpassed the Zacks Consensus Estimate by a penny and year-ago earnings by 8.9%. On a reported basis, earnings grew 4.8% to $1.30 a share in the...
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Phillip Morris Just Misses - Analyst Blog
Thursday, October 21, 2010 - 11:00am | 677Cigarette manufacturer and marketer Philip Morris International Inc. (PM) reported marginally weaker-than-expected third-quarter results, adversely affected by inventory payback in Japan, coupled with significant excise tax increases in Greece and Turkey. Earnings per share, excluding special...
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Philip Morris Profits Rise 1.3%
Thursday, October 21, 2010 - 9:02am | 116Philip Morris International (NYSE: PM) is the world's largest publicly traded tobacco company, according to Bloomberg, and 3Q profits rose 1.3% thanks to increased cigarette prices. Philip Morris has raised price in Europe and Australia, helping revenues advanced by 2.2% as shipments continue to...
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Earnings Scheduled For October 21 (MCD, CAT, T, LLY, CS, UAL, BAX, NVS, UNP, UPS, BBT, PM, RAI, CTXS, SNDK, JBLU, AXP, TRV, LUV, AMZN, STI, HSY, XRX, CB)
Thursday, October 21, 2010 - 3:27am | 616McDonald's (NYSE: MCD) is likely to post its Q3 EPS at $1.25 on $6.23 billion in revenue. Caterpillar (NYSE: CAT) is expected to post its Q3 profit at $1.09 per share on $10.48 billion in revenue. AT&T (NYSE: T) is projected to report its EPS at $0.55 in the third quarter on revenue of $31.25...
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Altria Beats Estimates - Analyst Blog
Wednesday, October 20, 2010 - 5:54pm | 641Altria Group Inc. (MO), the manufacturer and seller of cigarettes, wine and other tobacco products, registered robust third quarter results of 2010 for the three-month period ending September 30, 2010. Virginia-based Altria posted earnings of 54 cents a share in the quarter, which was up 12.5%...
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Stocks Moving Sharply Higher Today
Wednesday, October 20, 2010 - 11:29am | 186The broader market is moving sharply higher today, one day after sharply selling off yesterday. Boston Scientic (NYSE: BSX) is one name to note, as the stent maker reported better than expected earnings yesterday, and is the top gainer in the S&P 500, gaining 10.4% to $6.59, a gain of 62 cents...
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Earnings Scheduled For October 20 (MS, EBAY, BA, WFC, GENZ, ETFC, STX, DAL, MTB, AMR, LCC, NFLX, ADS, ABT, UTX, STJ, MI, USB, MO, BLK, SWK)
Wednesday, October 20, 2010 - 3:35am | 519Morgan Stanley (NYSE: MS) is likely to post its earnings at $0.15 per share on $6.44 billion in revenue in the third-quarter. eBay Inc (NASDAQ: EBAY) may report its Q3 earnings at $0.37 per share on revenue of $2.18 billion. Boeing (NYSE: BA) is expected to report its Q3 earnings at $1.06 per share...