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Stock Market & Financial Investment News

News Breaks
February 20, 2013
08:27 EDTMOAltria Group shares should be bought aggressively, says Wells Fargo
Wells Fargo has increased confidence in Altria Group's earnings outlook as the firm thinks the company has several upcoming positive catalysts. The firm maintains an Outperform rating on the stock.
News For MO From The Last 14 Days
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June 13, 2013
06:47 EDTMOFDA to look to regulate new types of tobacco products, NY Times reports
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June 12, 2013
10:20 EDTMOE-cigarettes to be regulated in U.K. as medicines
The Medicines and Healthcare products Regulatory Agency announced that all nicotine-containing products, such as electronic cigarettes, are to be regulated as medicines in a move to make these products safer and more effective to reduce the harms of smoking. The UK Government has decided that the MHRA will regulate all NCPs as medicines so that people using these products have the confidence that they are safe, are of the right quality and work, according to the regulator.
08:39 EDTMOAltria Group management to meet with UBS
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June 11, 2013
16:00 EDTMOOptions Update; June 11, 2013
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08:34 EDTMOAltria's NuMark to enter e-vapor category with MarkTen this August
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08:32 EDTMOAltria Group reaffirms FY13 adjusted EPS view $2.35-$2.41, consensus $2.40
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June 10, 2013
08:07 EDTMOInvestors drawn to e-cigarettes, WSJ reports
An investment group including Silicon Valley entrepreneur Sean Parker is investing $75M for a minority stake in Scottsdale, AZ-based NJOY Inc., one of dozens of e-cigarette companies that have surfaced since 2006, reports the Wall Street Journal. The market for e-cigarettes is also under increasing regulatory scrutiny. Reference Link
June 7, 2013
07:28 EDTMOAltria Group volatility flat; shares pullback from record high into meeting
Altria Group June and July call option implied volatility is at 17, September is at 15; compared to its 26-week average of 16 according to Track Data, suggesting larger near term price movement into a company sponsored investor meeting on June 11.
June 6, 2013
07:23 EDTMO Altria Group raising list prices on all brands, says UBS
UBS said Altria (MO) announced it is reducing off-invoice promotional allowances and raising list prices 6c on all brands effective June 10. The analyst expects Lorillard (LO) and Reynolds American (RAI) to follow and for the Big 3 to continue to take share from deep discount players.
June 4, 2013
11:24 EDTMOAltria Group to host investor day
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