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Stock Market & Financial Investment News

News For LO;VGR;RAI;CIGX;PM;MO;BTI From The Last 14 Days
Check below for free stories on LO;VGR;RAI;CIGX;PM;MO;BTI the last two weeks.
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April 24, 2014
09:21 EDTRAI, MO, LOFDA proposes to extend tobacco authority to e-cigarettes
The FDA proposed a new rule that would extend the agency's tobacco authority to cover additional tobacco products. It stated, "Products that would be 'deemed' to be subject to FDA regulation are those that meet the statutory definition of a tobacco product, including currently unregulated marketed products, such as electronic cigarettes, cigars, pipe tobacco, nicotine gels, waterpipe tobacco, and dissolvables not already under the FDAs authority." Consistent with currently regulated tobacco products, under the proposed rule, makers of newly deemed tobacco products would, among other requirements: Register with the FDA and report product and ingredient listings; Only market new tobacco products after FDA review; Only make direct and implied claims of reduced risk if the FDA confirms that scientific evidence supports the claim and that marketing the product will benefit public health as a whole; and Not distribute free samples. Makers of e-cigarettes include Altria (MO), Reynolds American (RAI) and Lorillard (LO). Reference Link
07:07 EDTMOAltria Group reaffirms 2014 adjusted EPS outlook $2.52-$2.59
Consensus $2.56. The company said, "Altria expects stronger adjusted diluted EPS growth in the second half of the year compared to the first half driven by various factors. These include lower fourth-quarter costs in the smokeable products segment due to the end of the quota buyout payments and a significantly lower fourth-quarter effective tax rate on operations compared to the fourth quarter of 2013 resulting from Altrias 2013 debt tender offer."
07:06 EDTMOAltria Group reports Q1 adjusted EPS 57c, consensus 57c
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06:12 EDTVGR, PM, MO, RAI, LOFDA to impose first federal regulations on e-cigarettes, WSJ reports
The FDA is planning to place the first federal regulations on electronic cigarettes, the Wall Street Journal. The FDA will eventually ban sales of the devices to anyone under 18 and require makers to gain FDA approval for their products, the publication adds. Makers of e-cigarettes include Altria (MO), Reynolds American (RAI) and Lorillard (LO). Reference Link
April 23, 2014
15:35 EDTMONotable companies reporting before tomorrow's open
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07:16 EDTRAIReynolds American reaffirms 2014 adjusted EPS outlook $3.30-$3.45
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07:15 EDTRAIReynolds American reports Q1 adjusted EPS 72c, consensus 74c
Reports Q1 revenue $1.935B, consensus $1.91B. The company said lower cigarette volume and increased investment on the VUSE Digital Vapor Cigarette expansion offset higher cigarette and moist-snuff pricing.
06:53 EDTLOFood & Drug Law Institute to hold a conference
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April 22, 2014
15:32 EDTRAINotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Procter & Gamble (PG), consensus $1.02; Boeing (BA), consensus $1.56; Biogen Idec (BIIB), consensus $2.56; Dow Chemical (DOW), consensus 71c; EMC Corporation (EMC), consensus 35c; Thermo Fisher (TMO), consensus $1.40; Praxair (PX), consensus $1.51; General Dynamics (GD), consensus $1.64; Johnson Controls (JCI), consensus 65c; Norfolk Southern (NSC), consensus $1.15; Reynolds American (RAI), consensus 74c; Delta Air Lines (DAL), consensus 29c; Northrop Grumman (NOC), consensus $2.15; Air Products & Chemicals (APD), consensus $1.35; TD Ameritrade (AMTD), consensus 34c; Ingersoll-Rand (IR), consensus 26c; Dr Pepper Snapple (DPS), consensus 59c; Polaris Industries (PII), consensus $1.16; Ryder System (R), consensus 87c.
April 21, 2014
09:00 EDTVGRVector Group falls 4.2%
Vector Group is down 4.2%, or 87c, to $20.00
April 17, 2014
12:53 EDTPMOn The Fly: Midday Wrap
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07:17 EDTPMPhilip Morris confirms steps to optimize manufacturing footprint
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07:05 EDTPMPhilip Morris says FY14 EPS outlook increased due to forex impact
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07:04 EDTPMPhilip Morris now sees FY14 EPS $5.09-$5.19, may not compare to consensus $5.12
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07:01 EDTPMPhilip Morris reports Q1 adjusted EPS $1.19, consensus $1.16
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06:59 EDTRAIReynolds American names Susan Cameron as president and CEO
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April 16, 2014
15:17 EDTPMNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include General Electric (GE), consensus 32c; Philip Morris (PM), consensus $1.16; Schlumberger (SLB), consensus $1.20; PepsiCo (PEP), consensus 75c; Union Pacific (UNP), consensus $2.37; UnitedHealth (UNH), consensus $1.09; Honeywell (HON), consensus $1.26; Goldman Sachs (GS), consensus $3.44; du Pont (DD), consensus $1.59; Morgan Stanley (MS), consensus 60c; Danaher (DHR), consensus 80c; BlackRock (BLK), consensus $4.14; Blackstone (BX), consensus 55c; Chipotle Mexican Grill (CMG), consensus $2.86; Mattel (MAT), consensus 9c; Snap-on (SNA), consensus $1.54; AutoNation (AN), consensus 74c.
06:48 EDTRAI, PM, MO, LO, BTIStudy found e-cigarettes promote cancer growth, NY Times reports
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April 15, 2014
11:28 EDTMOPhilip Morris USA makes master settlement payment of approximately $3.3B
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April 14, 2014
17:01 EDTPMPhilip Morris comments on decision in claim against plain packaging law
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