New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 15, 2014
14:25 EDTLO, LO, MO, MO, RAI, RAISenate Health, Education, Labor & Pensions to hold a hearing
The HELP Committee holds a hearing entitled, "Progress and Challenges: The State of Tobacco Use and Regulation in the U.S." with Director Zeller of the Center for Tobacco Products at the FDA and Director McAfee of the Office on Smoking & Health at the Centers for Disease Control on May 15 at 2:30 pm. Webcast Link
News For LO;MO;RAI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 29, 2015
07:12 EDTMOAltria reports PM USA domestic cigarettes shipment volume up 3.1% in Q2
Subscribe for More Information
07:05 EDTMOAltria Group raises FY15 adjusted EPS view to $2.76-$2.81, consensus $2.81
Altria raises its guidance for FY15 EPS, which excludes special items, to be in a range of $2.76-$2.81, which represents a growth rate of 7.5%-9.5% from an adjusted diluted EPS base of $2.57 in 2014. Altria expects its adjusted diluted EPS growth to moderate in the second half of 2015 versus the first-half rate due to several factors. These include lapping the effects of the 2014 improvements in the economy for adult tobacco consumers and lower gasoline prices, expected trade inventory movements and the effect of state excise tax increases. In addition, the comparative benefit from the expiration of the federal tobacco quota buy-out payments ends in the fourth quarter and Altria now estimates its FY15 effective tax rate on operations will be 35.3%.
07:03 EDTMOAltria Group announces new $1B share repurchase program
Subscribe for More Information
07:02 EDTMOAltria Group reports Q2 adjusted EPS 74c, consensus 71c
Reports Q2 revenue excluding excise taxes $4.87B, consensus $4.75B. “Altria delivered excellent second-quarter and first-half results, growing adjusted diluted EPS more than 13% with a very strong performance from the smokeable products segment and solid contributions across our other businesses. Further, our tobacco companies’ brands continued to strengthen their market leadership, with record retail share on Marlboro and more than 51% combined share on Copenhagen and Skoal year-to-date,” said Marty Barrington, Altria’s Chairman, CEO and President.
July 28, 2015
15:21 EDTMONotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include MasterCard (MA), consensus 85c... Altria (MO), consensus 71... General Dynamics (GD), consensus $2.06... Anthem (ANTM), consensus $2.75... Praxair (PX), consensus $1.46... Northrop Grumman (NOC), consensus $2.36... McKesson (MCK), consensus $2.91... Eaton (ETN), consensus $1.13... Humana (HUM), consensus $1.63... Hilton (HLT), consensus 23c... International Paper (IP), consensus 92c... Rockwell Automation (ROK), consensus $1.54... Jarden (JAH), consensus 59c... Quintiles (Q), consensus 70c... Tableau Software (DATA), consensus 4c... Garmin (GRMN), consensus 82c... Vantiv (VNTV), consensus 54c... ADT (ADT), consensus 49c.
14:09 EDTRAI, MOAltria, Philip Morris could be ripe for recombination, Bloomberg says
The justification for splitting Altria (MO) and Philip Morris (PM) roughly seven years ago "no longer exists" and it may be time to look at a combination, reports Bloomberg Real M&A, noting that the two companies lag behind Reynolds American (RAI) after its recent acquisition of Lorillard. The report notes that the firms have already partnered on product developments in recent months, though a Philip Morris spokesperson told Bloomberg that "many of the reasons articulated by the board at the time of the spinoff are still relevant today." Reference Link
13:17 EDTMO, RAIEarnings Watch: Analysts bullish on Altria, seen as 'top pick' by Cowen
Subscribe for More Information
08:02 EDTRAIReynolds American raises FY15 split-adjusted EPS view to $1.90-$2.00
Subscribe for More Information
08:01 EDTRAIReynolds American approves two-for-one stock split, 7.5% dividend increase
Subscribe for More Information
07:58 EDTRAIReynolds American reports Q2 EPS $1.02, consensus 97c
Reports Q2 revenue $2.4B, consensus $2.44B.
July 16, 2015
09:00 EDTMOAltria expands strategic framework with Philip Morris for e-vapor products
Altria (MO) announced that it is expanding its strategic framework with Philip Morris International (PM) to include a joint research, development and technology-sharing agreement. Under the agreement, Altria and PMI will collaborate to develop e-vapor products for commercialization in the United States by Altria and in markets outside the United States by PMI. The Agreement also provides for exclusive technology cross licenses, technical information sharing and cooperation on scientific assessment, regulatory engagement and approval related to e-vapor products.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use