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Stock Market & Financial Investment News

News Breaks
May 19, 2014
05:38 EDTRAI, MOAltria Group downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Altria Group (MO) to Market Perform saying the company "has the most to lose" as consumption of vapor surpasses consumption of combustible cigarettes over the next decade. Wells keeps a $41-$43 price target range for shares. The firm coupled the downgrade with an upgrade of Reynolds American (RAI).
News For MO;RAI From The Last 14 Days
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February 26, 2015
08:59 EDTMOAltria Group backs FY15 adjusted EPS $2.75-$2.80, consensus $2.80
Altria (MO) expects to record a one-time, pre-tax charge against reported earnings in Q1, reflecting the loss on early extinguishment of debt related to the tender offer. The final pre-tax charge will depend upon the pricing and amount of notes purchased in the tender offer. EPS guidance excludes the Charge as well as an approximate 2c per share provision that will be recorded by Philip Morris USA (PM) in Q1.
08:23 EDTRAILorillard appoints CFO David Taylor as Chief Executive of ITG Brands
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February 25, 2015
09:49 EDTMOPhilip Morris USA reaches agreement to resolve federal Engle progency litigation
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09:39 EDTRAI, MOR.J. Reynolds, other makers reach favorable resolution of Engle progeny cases
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February 24, 2015
09:35 EDTMOActive equity options trading on open
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February 18, 2015
09:36 EDTMOAltria Group sees shipping e-vapor products for international market in Q1
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09:21 EDTMOAltria Group sees growing long-term adjusted EPS at avg. annual rate of 7%-9%
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07:45 EDTMOAltria Group reaffirms FY15 adjusted EPS view $2.75-$2.80, consensus $2.80
04:55 EDTMOStocks with implied volatility movement; MO ORCL
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