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Stock Market & Financial Investment News

News Breaks
June 18, 2014
14:25 EDTRAI, RAI, LO, LO, PM, PM, MO, MOSenate Commerce, Science & Transportation Committee holds a hearing
The Committee holds a hearing entitled, "Aggressive E-Cigarette Marketing and Potential Consequences for Youth", to review e-cigarette advertising and promotional practices that appeal to kids. Participants include President Healy of blu eCigs, a subsidiary of Lorillard, at the hearing being held on June 18 at 2:30 pm. Webcast Link
News For RAI;LO;PM;MO From The Last 14 Days
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July 6, 2015
07:27 EDTMO, MOAltria Group upgraded to Outperform from Underperform at CLSA
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05:51 EDTPMPhilip Morris to cut stake in Indonesian unit, may raise over $1B, Reuters says
Philip Morris (PM) plans to sell a stake worth at least $1B in its Indonesian unit to comply with free-float rules, reports Reuters. According to two people familiar with the matter, the company short-listed Goldman Sachs (GS), Credit Suisse (CS), JPMorgan (JPM), Citigroup (C) and Mandiri Sekuritas to sell down its holding by at least 5.68%. Reference Link
June 26, 2015
16:20 EDTPMPhilip Morris subsidiary to explore options for complying with requirement
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June 23, 2015
08:03 EDTMOAltria Group reaffirms FY15 adjusted EPS view $2.75-$2.80, consensus $2.80
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