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Stock Market & Financial Investment News

News Breaks
June 21, 2013
10:23 EDTLOLorillard volatility flat into investor day
Lorillard July, September and December call option implied volatility of 26 is near its 26-week average of 25 according to Track Data, suggesting non-directional price movement into a company investor day on June 27.
News For LO From The Last 14 Days
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April 16, 2014
06:48 EDTLOStudy found e-cigarettes promote cancer growth, NY Times reports
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April 9, 2014
10:06 EDTLOOn The Fly: Analyst Initiation Summary
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09:23 EDTLOLorillard initiated with a Reduce at Nomura
Target $54.
April 4, 2014
07:18 EDTLOU.S. FDA Chief says e-cigarette ruling coming 'very soon,' Reuters says
The U.S. Food and Drug Administration is "pushing very hard" to release a proposed rule that would establish its authority over e-cigarettes, according to Reuters, citing comments from FDA Commissioner Margaret Hamburg. Hamburg says that she expects the proposal to be ready for release "very soon." Publicly traded companies in the tobacco industry include Altria Group (MO), British American Tobacco (BTI), Lorillard (LO), Philip Morris (PM) and Reynolds American (RAI). Reference Link
April 3, 2014
07:52 EDTLOPlain packaging for cigarettes to be introduced in U.K., Guardian says
U.K. public health minister Jane Ellison told the House of Commons that she would be introducing draft regulations "so it is crystal clear what we intend" and would announce details shortly to introduce plain packaging for cigarettes, after a review concluded that fewer children may take up smoking if the packets are unbranded and less attractive, reported The Guardian. Publicly traded companies in the tobacco products space include Altria Group (MO), British American Tobacco (BTI), Lorillard (LO), Philip Morris (PM) and Reynolds American (RAI). Reference Link

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