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Morgan Stanley Maintains Equal-Weight, PT of $105 on Lorillard
Wednesday, December 7, 2011 - 6:58am | 95Morgan Stanley reiterates its Equal-weight rating and price target of $105 per share on Lorillard Inc. (NYSE: LO) on a less attractive risk-reward ratio following recent outperformance. Morgan Stanley says, “Menthol uncertainty persists, limiting ability to trade at premium to peers. …Lorillard...
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Top 4 Stocks In The Cigarettes Industry With The Lowest PEG Ratio
Thursday, December 1, 2011 - 11:08am | 110Below are the top cigarettes stocks on the NYSE, the NASDAQ and the AMEX in terms of PEG ratio British American Tobacco plc (AMEX: BTI) has a PEG ratio of 1.19. BTI's trailing-twelve-month ROE is 39.34%. Philip Morris International Inc (NYSE: PM) has a PEG ratio of 1.23. PM's trailing-twelve-...
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Notable Put Options Activity in Lorillard
Friday, November 18, 2011 - 1:37pm | 115Shares of Lorillard (NYSE: LO) are lower on the session by 0.83%, currently trading at $108.77. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the November...
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Disclosure Insight Maintains Medium Risk Rating on Lorillard
Thursday, November 17, 2011 - 6:54am | 68A report from Disclosure Insight reiterates its Medium Risk – Positive Bias rating on Lorillard (NYSE: LO). The report states, “A substantial amount of pending litigation; concentrated revenue; and the chairman and CEO positions being held by one person support our opinion of a Medium Risk -...
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Benzinga's Political Round Up, November 8, 2011
Tuesday, November 8, 2011 - 12:10pm | 145A judge has granted a temporary injunction that would have made tobacco companies such as Altria (NYSE: MO), Lorillard (NYSE: LO), and Reynolds American (NYSE: RAI) put graphic images on cigarette packages starting next year. Italian Prime Minister Silvio Berlusconi won a budget vote today, but...
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UPDATE: Court Grants Preliminary Injunction Against FDA in Graphic Warning Labels Suit Brought by Lorillard
Monday, November 7, 2011 - 1:56pm | 181Judge Richard J. Leon of the U.S. District Court of the District of Columbia today granted a preliminary injunction against the U.S. Food and Drug Administration in a case filed by Lorillard, Inc. (NYSE: LO) that challenged the constitutionality of nine new cigarette graphic warning labels. The...
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Altria Group Earnings Preview: Analysts Expect Falling Revenue, Rising EPS
Tuesday, October 25, 2011 - 10:24am | 562Altria Group (NYSE: MO) announces its next round of earnings this Thursday, October 27, 2011. Get the latest predictions in Benzinga's essential guide to the company's third quarter earnings report. Earnings and Revenue: Analysts are looking ahead to a positive EPS of 56 cents/share and revenues...
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Earnings Roundup
Monday, October 24, 2011 - 8:37am | 901Kimberly-Clark Corp (NYSE: KMB) reported a 6.3% drop in its Q3 profit. Kimberly-Clark's quarterly profit declined to $458 million, or $1.09 per share, from $489 million, or $1.14 per share, in the year-ago period. On an adjusted basis, Kimberly-Clark's earnings came in at $1.26 per share. Its net...
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Citigroup Says Buy Lorillard on Weakness
Monday, October 24, 2011 - 7:49am | 95Citigroup has published a research report on Lorillard (NYSE: LO) after the company reported 3Q EPS below expectations. In the report, Citigroup writes, "This morning, LO reported 3Q11 EPS of $1.94 (+7.2%), which came in four cents below our estimate, and nine cents below consensus. This miss to...
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Benzinga's Top Pre-Market Losers
Monday, October 24, 2011 - 7:37am | 100Lorillard Inc (NYSE: LO) dropped 7.47% to $107.00 in the pre-market trading. LO reported a 2.6% drop in its Q3 net income. EMC Corporation (NYSE: EMC) moved down 4.66% to $22.91 in the pre-market session. EMC's trailing-twelve-month ROA is 6.84%. Altera Corporation (NASDAQ: ALTR) fell 2.40% to $...
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A Peek Into The Market Before The Trading Starts
Monday, October 24, 2011 - 6:35am | 379Pre-open movers US stock futures are flat this morning, as investors are awaiting earnings reports. Futures on the Dow Jones Industrial Average dropped 1 point to 11,756.00 and futures on the S&P 500 stock index fell 1.20 points to 1,234.00. Nasdaq 100 futures gained 1.75 points to 2,336.00. A...
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UPDATE: Lorillard Reports 2.6% Decline In Q3 Net Income
Monday, October 24, 2011 - 6:27am | 68Lorillard Inc (NYSE: LO) reported a 2.6% drop in its Q3 net income. Lorillard's quarterly profit dropped to $267 million, from $274 million, in the year-ago period. Its earnings per share gained to $1.94 from $1.81 as shares outstanding dropped 9.6% to 137 million. Lorillard's sales climbed to $1...
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Earnings Scheduled For October 24
Monday, October 24, 2011 - 2:41am | 524Texas Instruments Incorporated (NYSE: TXN) is estimated to report its Q3 EPS at $0.58 on revenue of $3.33 billion. Lorillard Inc (NYSE: LO) is projected to report its Q3 earnings at $2.03 per share on sales of $1.14 billion. Invesco Ltd (NYSE: IVZ) is expected to report its Q3 EPS at $0.41 on...
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Stocks To Watch For October 24
Monday, October 24, 2011 - 2:04am | 189Some of the stocks that may grab investor focus today are: Wall Street expects Caterpillar Inc (NYSE: CAT) to report its Q3 earnings at $1.63 per share on revenue of $14.8 billion. Caterpillar shares gained 3.71% to close at $87.39 on Friday. Netflix Inc (NASDAQ: NFLX) is projected to report its...
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Earnings Preview: Reynolds American's EPS, Revenue Expected to Rise
Thursday, October 20, 2011 - 3:01pm | 541Reynolds American (NYSE: RAI) releases its next round of earnings this Tuesday, October 25, 2011. Here is Benzinga's everything-that-matters guide for this Tuesday's third quarter earnings announcement. Earnings and Revenue: Wall Street expects an EPS of 73 cents/share and revenues of $2.3...