Tobacco

Below are the top large-cap cigarette stocks on the NYSE and the NASDAQ in terms of dividend yield. Altria Group Inc (NYSE: MO) has a dividend yield of 6.30%. MO's shares closed at $24.02 yesterday. Reynolds American Inc (NYSE: RAI) has a dividend yield of 6.00%. RAI's shares closed at $59.39...

At 10:35 am, the Dow gained 0.47% to 10,886.59, the broader Standard & Poor's 500 index moved up 0.61% to 1,151.75 and the NASDAQ composite index rose 0.45% to 2,387.19. The industries that are driving the market today are: Toy & Hobby Stores: This industry jumped 2.35% by 10:35 am. The top...

Deutsche Bank has downgraded Altria Group (NYSE: MO) and Reynolds American (NYSE: RAI) to Hold due to limited upside potential from current price targets. In its tobacco industry research report, Deutsche Bank writes "Share price outperformance rightly owes to favorable domestic fundamentals -...

Shares of Lorillard, Inc. (NYSE: LO) are lower on the session by 0.46%, currently trading at $80.82. The stock has been moving largely higher over the past four months, off of a recent low near $71.00. Options traders are selling puts on LO today, perhaps drawing a line in the sand for the stock....

Lorillard Inc. (NYSE: LO) and Altria Group (NYSE: MO) have been downgraded from Buy to Hold by Stifel Nicolaus.

Lately there have been a lot of commentaries making the argument that instead of buying fixed income for yield it makes more sense to buy equities for yield as bond substitutes. Whitney Tilson has used the example of Johnson & Johnson (JNJ), which is a client holding, in pointing out that the...

Lorillard Inc (LO) recently raised its dividend and is yielding a sizeable 5.5%. It recently became a Zacks #2 Rank (Buy) stock. Company Description Lorillard is the third largest cigarette company in the United States. It is also older than the United States, having been founded in 1760. The...

Cusick's Corner While I am waiting for the Fed, there is one macroeconomic issue and one short-term technical level that I am watching into today's announcement. The macro issue is that China's key stock index .SSEC, has been completely divergent to any move in the S&Ps. If China continues to...

I'm not proud of this recommendation, but... A solid investment Just don't tell your spouse about it I've written about unpopular, unloved and/or ignored commodities before - like lead, uranium, alcohol and farmland - even marijuana. We can argue about...

International Business Machines Corp. (IBM) continued its acquisition spree, with the latest candidate being privately held software company OpenPages. Terms of the deal were not disclosed.   Based in Waltham, Massachusetts, OpenPages develops risk and compliance management software. According to...

Philip Morris International Inc (NYSE: PM) announced a hike in its quarterly dividend from $0.58 to $0.64 per share. The dividend is payable on October 8 to shareholders on record as on September 24. Moody's Corporation (NYSE: MCO) shares rose close to 5.5% after Piper Jaffray upgraded its stock...

The Board of Directors of Philip Morris International Inc. (NYSE: PM) today increased the company’s regular quarterly dividend by 10.3%, to an annualized rate of $2.56 per common share. The new quarterly dividend of $0.64 per common share, up from $0.58 per common share, is payable on October 8,...

The Board of Directors of Philip Morris International Inc. (NYSE: PM) today increased the company’s regular quarterly dividend by 10.3%, to an annualized rate of $2.56 per common share. The new quarterly dividend of $0.64 per common share, up from $0.58 per common share, is payable on October 8,...