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Stock Market & Financial Investment News

News Breaks
May 19, 2014
09:39 EDTLOGreenlight discloses short position in Lorillard via Put options
Greenlight Capital disclosed after the close Friday in a filing that it has three Put option positions in shares of Lorillard equating to 770.8K shares, 172K shares and 258K shares, respectively. Put options equate to a bet that the underlying asset will drop below the exercise price before the expiration date.
News For LO From The Last 14 Days
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October 23, 2014
07:05 EDTLOLorillard says on track to close Reynolds American merger in 1H15
The company said, "We are very excited about completing the combination with Reynolds, which we expect to occur in the first half of 2015, as it delivers significant and immediate value to our shareholders, as well as a meaningful ownership stake in the combined company that will enjoy multiple flagship tobacco brands well-positioned for continued long-term success."
07:04 EDTLOLorillard reports Q3 adjusted EPS 90c, consensus 90c
Reports Q3 revenue $1.83B, consensus $1.33B. Lorillard retail market share of cigarettes for Q3 was 15.1%, increasing 0.3 share points compared to the corresponding period of 2013. Newport retail market share for Q3 was 12.8%, increasing 0.3 share points versus last year.
October 22, 2014
15:37 EDTLONotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Comcast (CMCSA), consensus 71c; Union Pacific (UNP), consensus $1.52; 3M (MMM), consensus $1.96; AbbVie (ABBV), consensus 77c; Celgene (CELG), consensus 95c; Eli Lilly (LLY), consensus 67c; Occidental Petroleum (OXY), consensus $1.57; Caterpillar (CAT), consensus $1.36; Alexion Pharmaceuticals (ALXN), consensus $1.16; Precision Castparts (PCP), consensus $3.32; Raytheon (RTN), consensus $1.60; American Electric Power (AEP), consensus $1.02; Southwest Airlines (LUV), consensus 53c; Lorillard (LO), consensus 90c; T. Rowe Price (TROW), consensus $1.15; Mead Johnson (MJN), consensus 91c; Zimmer Holdings (ZMH), consensus $1.30; Nucor (NUE), consensus 73c; Nielsen (NLSN), consensus 65c; Prologis (PLD), consensus 46c; Sigma-Aldrich (SIAL), consensus $1.06; Under Armour (UA), consensus 40c; EQT (EQT), consensus 56c; Dr Pepper Snapple (DPS), consensus 88c; Cameron International (CAM), consensus $1.10; Coca-Cola Enterprises (CCE), consensus 89c; Quest Diagnostics (DGX), consensus $1.08; CMS Energy (CMS), consensus 41c; Airgas (ARG), consensus $1.29; PulteGroup (PHM), consensus 36c; Diamond Offshore (DO), consensus 79c; Bemis (BMS), consensus 67c.
October 21, 2014
07:11 EDTLOReynolds American says responding to second request from FTC regarding Lorillard
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October 10, 2014
06:48 EDTLOSenators call on FDA to adopt strict e-cigarette warning
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