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Lorillard Earnings Preview: Analysts Expect Higher EPS, Revenue
Wednesday, October 19, 2011 - 9:39am | 538Lorillard (NYSE: LO) announces its next round of earnings this Monday, October 24, 2011. Here's Benzinga's essential guide to Lorillard's third quarter earnings report. Earnings and Revenue: Wall Street expects an EPS of $2.04/share and revenues of $1.14 billion. Lorillard's latest numbers will...
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Philip Morris International Earnings Preview: Analysts Expect Higher EPS, Revenue
Monday, October 17, 2011 - 11:55am | 569Philip Morris International (NYSE: PM) releases its next round of earnings this Thursday, October 20, 2011. Get the latest predictions in Benzinga's essential guide to the company's third quarter earnings report. Earnings and Revenue: Based on estimates, investors are readying for a positive EPS...
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Top 4 Large-Cap Stocks In The Cigarettes Industry With The Lowest PEG Ratio
Friday, October 14, 2011 - 3:16am | 121Below are the top large-cap cigarettes stocks on the NYSE, the NASDAQ and the AMEX in terms of PEG ratio. Philip Morris International Inc (NYSE: PM) has a PEG ratio of 1.10. PM's trailing-twelve-month ROE is 152.36%. Lorillard Inc (NYSE: LO) has a PEG ratio of 1.25. LO's trailing-twelve-month...
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Morgan Stanley Discusses Lorillard
Wednesday, October 12, 2011 - 6:41am | 196Morgan Stanley is out with a research report on cigarette makers, and it has an Equal-Weight rating on Lorillard (NYSE: LO). In a note to clients, Morgan Stanley writes, "Our assessment of Lorillard's underlying strength and its third-quarter outlook are unchanged. In particular, we expect some...
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Deutsche Bank Expects Pressure from FDA's Menthol Science Review on Lorillard
Wednesday, October 5, 2011 - 10:17am | 110Deutsche Bank has published a research report on Lorillard (NYSE: LO) and expects pressure from the FDA's menthol science review. In the report, Deutsche Bank writes, "Most likely scenario may be FDA recognizing concerns but deferring action, while worst-case would be any indication it is moving...
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Goldman Sachs Downgrades Lorillard to Neutral
Tuesday, October 4, 2011 - 8:07am | 107Goldman Sachs is out with its report today on Lorillard (NYSE: LO), downgrading LO from Buy to Neutral. In its report, Goldman Sachs writes, "We are downgrading LO from Buy to Neutral in conjunction with our addition of BEAM to CL-Buy. We remain constructive on LO's fundamentals and solid cash...
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Goldman Sachs Downgrades Lorillard to Neutral, $123 PT
Tuesday, October 4, 2011 - 7:00am | 25Goldman Sachs has downgraded Lorillard (NYSE: LO) from Buy to Neutral and has established a $123 price target.
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Top 4 NYSE Stocks In The Cigarettes Industry With The Highest Revenue
Monday, October 3, 2011 - 3:04am | 122Below are the top cigarettes stocks on the NYSE in terms of revenue. The trailing-twelve-month revenue at Philip Morris International Inc (NYSE: PM) is $28.72 billion. PM's PEG ratio is 1.01. The trailing-twelve-month revenue at Altria Group Inc (NYSE: MO) is $16.54 billion. MO's ROE for the same...
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Bear Call Spread on Lorillard (LO)
Wednesday, September 28, 2011 - 11:43am | 453A bear call spread involves selling a call option while purchasing a higher-strike call option with the same expiration month. The short call option is more expensive than the long call option which creates a credit. The objective is to profit from the short options' time decay. Adding a long call...
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Cigarette Names Performing Relatively Well Against Broader Markets
Monday, September 19, 2011 - 1:15pm | 131As fear returns (or perhaps never left is more apropos) to the equity markets, the indexes are dropping sharply today, with the Dow and S&P 500 down sharply, and the NASDAQ off more than 1%. Despite this, the cigarette names are performing relatively well, in comparison to the broader equity...
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Notable Put Options Activity in Lorillard
Monday, August 29, 2011 - 9:55am | 106Shares of Lorillard (NYSE: LO) are higher on the session by 1.69%, currently trading at $111.97. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average. Options traders are focusing on puts today. A short while ago the September...
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Altria Increases Quarterly Dividend by 7.9% to $0.41
Friday, August 26, 2011 - 7:30am | 68Altria Group, Inc. (NYSE: MO) today announced that its Board of Directors voted to increase Altria's regular quarterly dividend by 7.9% to $0.41 per common share versus the previous rate of $0.38 per common share. The new annualized dividend rate is $1.64 per common share. The quarterly dividend...
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Traders Snapping Up Puts on Altria Group
Thursday, August 25, 2011 - 10:16am | 155Shares of Altria Group (NYSE: MO) are lower on the session by 1.87%, currently trading at $25.97. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average. Options traders are focusing on puts today. A short while ago the October...
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Unexpected Earthquake Rocks the East Coast
Tuesday, August 23, 2011 - 2:38pm | 448Residents and employees throughout Washington DC and eastern Virginia experienced one of the scariest things in their lifetimes. A 5.9 magnitude earthquake with an epicenter about 87 miles southwest of DC occurred in the afternoon. Citizens dropped everything and had to evacuate their buildings...
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Mad Money Lightning Round: Cramer Likes Caterpillar
Tuesday, August 23, 2011 - 2:22am | 247On CNBC's Mad Money, Jim Cramer said during the Lightning Round that USG Corp (NYSE: USG) is “totally the wrong stock down here. It could go below $5." Cramer said, “Everybody hates Caterpillar (NYSE: CAT) but I have liked it for years. I'm not going to cut and run now. I like it as it approaches...