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Stock Market & Financial Investment News

News Breaks
June 11, 2014
05:51 EDTMO, HSHStocks with implied volatility movement; MO HSH
Stocks with implied volatility movement; Altria Group (MO) 14, Hillshire Brands (HSH) 10 according to iVolatility.
News For MO;HSH From The Last 14 Days
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August 31, 2014
13:44 EDTMOBarclays to hold a conference
Back-to-School Consumer Conference to be held in Boston on September 3-5.
August 28, 2014
09:04 EDTHSHTyson Foods sees completing Hillshire merger later today
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August 27, 2014
16:53 EDTHSHTyson, Hillshire announce expiration of the HSR waiting period
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14:39 EDTHSHTyson, Hillshire Brands reach agreement with Department of Justice
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14:25 EDTHSHDOJ requires Tyson to divest sow purchasing business in merger settlement
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14:19 EDTHSHHillshire rebounds, back to flat after report of merger deal with DOJ
Shares of Tyson Foods (TSN), which had dropped briefly, are also back to being nearly unchanged.
14:17 EDTHSHTyson Foods, Hillshire enter settlement with U.S. over merger, Bloomberg says
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14:14 EDTHSHHillshire Brands drops 3% to $61.05
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07:28 EDTMOTobacco giants grab C-store e-cig share as sales shift to 'vape shops,' WSJ says
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August 26, 2014
13:17 EDTMOWHO calls on countries to restrict e-cigarette use, NY Times says
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13:03 EDTHSHTyson Foods, Hillshire Brands announce extension of tender offer
Tyson Foods (TSN) and The Hillshire Brands Company (HSH) announced that Tyson has extended the offering period of its previously announced tender offer to purchase all of the outstanding shares of common stock of Hillshire Brands for $63.00 per share in cash, without interest, subject to any withholding of taxes required by applicable law and upon the terms and subject to the conditions set forth in the Offer to Purchase dated July 16. Pursuant to the Agreement and Plan of Merger, dated July 1, by and among Tyson, HMB Holdings and Hillshire Brands, the Offer, which was previously scheduled to expire at 12:00 midnight, New York City time, at the end of Tuesday, August 26, has been extended until 12:00 midnight, New York City time, on Wednesday, August 27, unless it is extended further under the circumstances set forth in the Merger Agreement. All terms and conditions of the Offer shall remain unchanged during the extended period.
12:16 EDTMOCourt rules Philip Morris must protect itself against suit, Bloomberg says
An appeals court ruled that Philip Morris USA, a unit of Altria Group, needs to protect itself against a whistle-blower case regarding military cigarette pricing, according to Bloomberg, citing comments that U.S. Circuit Judge Cornelia wrote for a three-panel judge. The ruling rejects the company's allegation that the case didn't cite new data. Reference Link
August 21, 2014
12:00 EDTMOAltria Group raises quarterly dividend by 8.3% to 52c from 48c
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