-
Lorillard Reports Strong Q1 Earnings
Friday, April 17, 2015 - 1:28pm | 342Read More...Lorillard Inc. (NYSE: LO) reported its first quarter results Friday afternoon. The company earned $0.82 per share, better than the $0.77 per share analysts were expecting. Revenue of $1.67 billion was also better than the $1.18 billion analysts were projecting, while GAAP net income improved to $...
-
Should Reynolds And Lorillard Shareholders Be Worried About The FTC?
Wednesday, April 1, 2015 - 1:52pm | 437Read More...A new report by RBC Capital Markets attempts to shed some light on the unclear situation surrounding the potential merger of Reynolds American, Inc. (NYSE: RAI) and Lorillard Inc. (NYSE: LO). After recent headlines that the Federal Trade Commission (FTC) could possibly sue to block the deal, the...
-
4 Consumer Staples Stocks Trading Higher This Quarter
Sunday, August 10, 2014 - 6:10pm | 1481Read More...The Consumer Staples Select ETF (NYSE: XLP) has been underperforming the Dow Jones, NASDAQ and S&P 500 indexes for the most part since the beginning of May. It shouldn't surprise investors, as some of the most recognizable names in the group have had issues. Coca-Cola (NYSE: KO)...
-
Ukraine Tension Prominent As Dow Suffers Triple Digit Loss; S&P 500 & NASDAQ Also Lower
Tuesday, August 5, 2014 - 4:46pm | 3092Read More...U.S. stocks declined and erased Monday's gains following reports that Russian troops were lining on the borders of Ukraine and preparing for an invasion, according to comments made by Poland's Foreign Minister. “Unfortunately, Russia has restored its combat readiness on the...
-
Comparing The Reynolds & Lorillard Merger With Comcast & Time Warner
Thursday, July 17, 2014 - 1:48pm | 665Read More...Reynolds American (NYSE: REI) has agreed to buy rival Lorillard (NYSE: LO) for $27.4 billion. Comcast (NASDAQ: CMCSA) has proposed spending $45 billion to acquire Time Warner Cable (NYSE: TWC). Shareholders and regulators on both cases would have to approve the mergers, and in...
-
Markets Mixed, NASDAQ Lower As Yellen Suggests Valuations Are Stretched
Tuesday, July 15, 2014 - 4:35pm | 2480Read More...U.S. stocks were mixed with the NASDAQ index declining after the Fed's Chief Janet Yellen suggested that some sectors are characterized by "stretched" valuations. In prepared remarks to the Senate Banking Committee, Yellen also claimed that interest rates could rise sooner and at...
-
Markets Close Higher Ahead Of Busy Earnings Season
Friday, July 11, 2014 - 4:40pm | 2373Read More...U.S. stocks rose ahead of next week's busy earnings schedule, but still finished lower for the week. On Tuesday, Yahoo! and Intel kick off earnings in the tech sector with eBay following on Wednesday. Investors will also see results from Citigroup, Goldman Sachs and JPMorgan Chase in the...
-
#PreMarket Primer: Friday, July 11: European Banks May Not Be Out Of The Woods Yet
Friday, July 11, 2014 - 7:28am | 1236Read More...Worries over Portuguese Lender Banco Espirito Santo dragged markets down on Thursday after the bank delayed payments on some of its short-term debt securities. The news took Portugal’s stock market down 4.2 percent and dragged the rest of the world’s markets down with it. Asian...
-
Dow Trades Above 17,000 While S&P 500 Inches Closer To 2,000
Thursday, July 3, 2014 - 1:20pm | 1238Read More...U.S. stocks rose ahead of the long weekend after the economy added a better-than-expected 288,000 jobs in June. The unemployment rate also dipped to 6.1 percent. The Fed's Janet Yellen confirmed its views that ti will not raise its interest rates on Wednesday at an International Monetary...
-
3 Top-Performing Consumer Goods Dividend Payers With The Most Upside Potential
Friday, June 20, 2014 - 10:45am | 868Read More...Among the top-performing consumer goods stocks over the past six months that pay dividends, analysts believe that Allison Transmission (NYSE: ALSN), Foot Locker (NYSE: FL) and Pinnacle Foods (NYSE: PF) still have some room to run, despite rising more than 15 percent. It is not unusual for stocks on...
-
Market Wrap For May 22: Markets Barely Positive
Thursday, May 22, 2014 - 4:35pm | 2710Read More...U.S. stocks picked up right where they left off following Wednesday's rally. Investors were given a mixed bag of economic data covering U.S. manufacturing, initial purchasing managers' index in China, existing home sales, Fed activity among others. Investors are likely focusing more on...
-
UPDATE: Morgan Stanley Raises PT on Lorillard Following CAGNY Conference
Wednesday, February 19, 2014 - 9:58am | 142Read More...In a report published Wednesday, Morgan Stanley analyst Pamela Kaufman increased the price target and remained Neutral on Lorillard (NYSE: LO) from $34 to $45. Kaufman believed this to be a result of Lorillard's strong fundamentals in spite of a competitive industry and lower than expected sales....
-
Earnings Expectations For The Week Of February 10: AIG, Cisco, Deere, PepsiCo And More
Monday, February 10, 2014 - 7:33am | 990Read More...The earnings season is winding down. Most of the S&P 500 have reported fourth-quarter results, and the good news is that earnings beats have outnumbered earnings misses. Here is a quick rundown of what analysts expect from some of this week's most prominent quarterly reports. America Movil...
-
Four Large Cap Buyout Candidates with Healthy Dividends (CA, GRMN, LO, NOC)
Saturday, March 23, 2013 - 11:17am | 838Read More...In a report this past week, analysts at the Merrill Lynch unit of Bank of America (NYSE: BAC) offered list of potential large cap leveraged buyout candidates. All the companies that made their list have healthy cash flow, smart valuations and low corporate debt. Here is a quick look at four of...
-
Earnings Expectations for the Week of February 6
Sunday, February 5, 2012 - 6:39pm | 1330Read More...There will be plenty more quarterly reports this week for analysts and traders to peruse. On the schedule are Coca-Cola (NYSE: KO), Hasbro (NASDAQ: HAS), PepsiCo (NYSE: PEP), Time Warner (NYSE: TWX), Visa (NYSE: V), Walt Disney (NYSE: DIS), Whole Foods Market (NASDAQ: WFM) and Yum! Brands (NYSE:...













