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Stock Market & Financial Investment News

News Breaks
March 8, 2013
13:00 EDTLOLorillard announces $500M share repurchase program
The program is expected to be completed over the course of 2013.
News For LO From The Last 14 Days
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April 17, 2015
13:23 EDTLOLorillard reports Q1 adjusted EPS 82c, consensus 77c
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12:23 EDTLOLorillard reports total retail market share of cigarettes for Q1 at 15.5%
Total Lorillard retail market share of cigarettes for the first quarter was a record 15.5%, increasing 0.3 share point compared to the corresponding period of 2014.
12:20 EDTLOLorillard to pay $1.133B in April under State Settlement Agreements
In April, the company paid, or will pay, $1.133B under the State Settlement Agreements, primarily based on 2014 volume. Included in the payment is $93M deposited in an interest-bearing escrow account in accordance with procedures established in the MSA pending resolution of a claim by the company and the other Original Participating Manufacturers that they are entitled to reduce their MSA payments based on a loss of market share to non-participating manufacturers. The previously-announced combination with Reynolds American (RAI) remains subject to regulatory approval and the additional customary closing conditions contained in the merger agreement. Although no assurance can be given if and when the transaction will be completed because it remains subject to regulatory approval and additional customary closing conditions, the transaction is expected to close in the first half of 2015.
10:43 EDTLOOptions with increasing implied volatility: PNK FOSL ARCP LO
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07:13 EDTLOReynolds American confident Lorillard, Imperial deals will close by mid-2015
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06:36 EDTLOTeenagers' use of e-cigarettes tripled last year, NY Times says
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April 15, 2015
08:01 EDTLOU.S. traditional cigarette Q1 outlook strong, says Wells Fargo
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April 14, 2015
12:36 EDTLOTobacco companies file suit against FDA over labeling guidance, Reuters says
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12:19 EDTLOTobacco companies file suit against FDA over labeling guidance, Reuters says
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April 10, 2015
10:22 EDTLOOptions with decreasing implied volatility
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