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Stock Market & Financial Investment News

News Breaks
December 17, 2013
12:23 EDTMO, PMPhilip Morris says NY appeals court rejects claim for medical monitoring
The New York Court of Appeals said that New York law does not allow for an independent cause of action for medical monitoring, according to Philip Morris. The U.S. Court of Appeals for the Second Circuit asked the state’s highest court to decide whether current or former long-term smokers who have no sign of disease can pursue an independent claim against a tobacco company to establish a medical monitoring program. "We believe that the New York Court of Appeals correctly held that there is no basis under the law that supports creating a medical monitoring claim,” said Murray Garnick, Altria (MO) Client Services senior VP and associate general counsel, speaking on behalf of Philip Morris USA (PM).
News For MO;PM From The Last 14 Days
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April 17, 2014
12:53 EDTPMOn The Fly: Midday Wrap
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07:17 EDTPMPhilip Morris confirms steps to optimize manufacturing footprint
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07:05 EDTPMPhilip Morris says FY14 EPS outlook increased due to forex impact
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07:04 EDTPMPhilip Morris now sees FY14 EPS $5.09-$5.19, may not compare to consensus $5.12
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07:01 EDTPMPhilip Morris reports Q1 adjusted EPS $1.19, consensus $1.16
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April 16, 2014
15:17 EDTPMNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include General Electric (GE), consensus 32c; Philip Morris (PM), consensus $1.16; Schlumberger (SLB), consensus $1.20; PepsiCo (PEP), consensus 75c; Union Pacific (UNP), consensus $2.37; UnitedHealth (UNH), consensus $1.09; Honeywell (HON), consensus $1.26; Goldman Sachs (GS), consensus $3.44; du Pont (DD), consensus $1.59; Morgan Stanley (MS), consensus 60c; Danaher (DHR), consensus 80c; BlackRock (BLK), consensus $4.14; Blackstone (BX), consensus 55c; Chipotle Mexican Grill (CMG), consensus $2.86; Mattel (MAT), consensus 9c; Snap-on (SNA), consensus $1.54; AutoNation (AN), consensus 74c.
06:48 EDTMO, PMStudy found e-cigarettes promote cancer growth, NY Times reports
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April 15, 2014
11:28 EDTMOPhilip Morris USA makes master settlement payment of approximately $3.3B
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April 14, 2014
17:01 EDTPMPhilip Morris comments on decision in claim against plain packaging law
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April 9, 2014
10:06 EDTMOOn The Fly: Analyst Initiation Summary
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10:06 EDTPMOn The Fly: Analyst Upgrade Summary
AmSurg (AMSG) upgraded to Buy from Hold at Cantor... CBOE Holdings (CBOE) upgraded to Buy from Neutral at BofA/Merrill... Carlyle Group (CG) upgraded to Outperform from Perform at Oppenheimer... FireEye (FEYE) upgraded to Buy from Hold at Topeka... Fortune Brands (FBHS) upgraded to Outperform from Neutral at Credit Suisse... Gray Television (GTN) upgraded to Outperform from Market Perform at Wells Fargo... Hibbett Sports (HIBB) upgraded to Overweight from Neutral at Piper Jaffray... LinkedIn (LNKD) upgraded to Buy from Hold at Topeka... Mallinckrodt (MNK) upgraded to Buy from Neutral at UBS... NXP Semiconductors (NXPI) upgraded to Strong Buy from Outperform at Raymond James... Nexstar (NXST) upgraded to Outperform from Market Perform at Wells Fargo... Penn National (PENN) upgraded to Overweight from Equalweight at Barclays... Philip Morris (PM) upgraded to Neutral from Reduce at Nomura... SAIC (SAIC) upgraded to Market Perform from Underperform at Wells Fargo... Sinclair Broadcast (SBGI) upgraded to Outperform from Market Perform at Wells Fargo... Yelp (YELP) upgraded to Buy from Fair Value at CRT Capital... Danaher (DHR) upgraded to Strong Buy from Buy at ISI Group... Quanex (NX) upgraded at BB&T... Omnicell (OMCL) upgraded at Craig-Hallum... Volkswagen (VLKAY) upgraded to Outperform from Market Perform at Bernstein... Magna (MGA) upgraded to Neutral from Sell at Citigroup... Actavis (ACT) upgraded to Positive from Neutral at Susquehanna... E-Trade (ETFC) upgraded to Neutral from Underperform at BofA/Merrill... AmerisourceBergen (ABC) upgraded to Outperform from Market Perform at FBR Capital... CONSOL (CNX) upgraded to Outperform from Neutral at Macquarie.
09:23 EDTMOAltria Group initiated with a Neutral at Nomura
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05:50 EDTMOStocks with implied volatility movement; MO PBR
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April 8, 2014
16:07 EDTPMPhilip Morris upgraded to Neutral from Reduce at Nomura
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