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News Breaks
10:24 EDTLO
theflyonthewall.com: Lorillard implementing succession review process for CEO departure
Lorillard announced that as part of its fiduciary responsibilities to shareholders of the company, it has been implementing a succession review process in anticipation of the December 31, 2010 expiration of the employment contract of thecChairman, president and CEO, Martin Orlowsky. As part of this process, the board will weigh all relevant options. :theflyonthewall.com



News For LO From The Last 14 Days
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February 8, 2010
10:22 EDTLO
theflyonthewall.com: Lorillard says JV with Swedish Match mutally terminated at end of 2009

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10:18 EDTLO
theflyonthewall.com: Lorillard says to enter moist smokeless tobacco market
On the Q4 earnings conference call, Lorillard (LO) said it will be entering into the moist smokeless tobacco market "in the not too distant future." :theflyonthewall.com
10:13 EDTLO
theflyonthewall.com: Lorillard offers comments on FDA's review of menthol in cigarettes

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07:33 EDTLO
theflyonthewall.com: Lorillard reports Q4 domestic wholesale shipments down 3.6%

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07:32 EDTLO
theflyonthewall.com: Lorillard reports Q4 EPS $1.52 vs. consensus of $1.51

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February 5, 2010
16:23 EDTLO
theflyonthewall.com: On The Fly: U.S. Market Wrap-Up for Friday 2/5

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15:28 EDTLO
theflyonthewall.com: Companies reporting Before the Market Open on Monday, February 8

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13:49 EDTLO
theflyonthewall.com: Lorillard: Earnings release technical preview, large short-base, bear pattern
BULLISH CASE: On better than expected news/outlook the stock could trade to the upper limit of the bearish price channel at $74.76. On a bullish breakout above the price channel the following resistance levels would become upside objectives: $75.50, $76.56, $78.23, $79.72, $80.59, $81.76 -- lifetime high. BEARISH CASE: There is an active bearish flag on the daily chart that has downside potential to the $70 area. On worse than expected news/outlook the stock could trade to the lower limit of the price channel at $73.11. On a bearish breakdown below the price channel the following support levels would become downside objectives: $74.20, $72.40, $71.32, $70.05, $67.67, $66.59, $65.37. NOTE: Large short-base at 6 days to cover, with 5.6% of the float short. Traders are positioned for negative news. Reactions on a surprise, especially a positive one given the bear pattern and large short-base, have a high probability of being extreme in duration and price. :theflyonthewall.com

February 3, 2010
09:32 EDTLO
theflyonthewall.com: Lorillard headline risk increasing, says Credit Suisse

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