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Stock Market & Financial Investment News

News Breaks
February 7, 2013
10:07 EDTPMPhilip Morris sees FY13 EPS $5.68-$5.78, consensus $5.79
Excluding a forecasted total unfavorable currency impact of approximately 6c for FY13, the reported diluted EPS range represents a projected increase of 10%-12% versus adjusted diluted EPS of $5.22 in 2012. Forecast includes a one-year gross productivity and cost savings target for 2013 of approximately $300M. Forecast includes a share repurchase target amount for 2013 of $6B.
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April 24, 2014
06:12 EDTPMFDA to impose first federal regulations on e-cigarettes, WSJ reports
The FDA is planning to place the first federal regulations on electronic cigarettes, the Wall Street Journal. The FDA will eventually ban sales of the devices to anyone under 18 and require makers to gain FDA approval for their products, the publication adds. Makers of e-cigarettes include Altria (MO), Reynolds American (RAI) and Lorillard (LO). Reference Link
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 EDTPMStudy found e-cigarettes promote cancer growth, NY Times reports
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April 14, 2014
17:01 EDTPMPhilip Morris comments on decision in claim against plain packaging law
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