Lorillard Inc (LO) 60.39 $LO
Reynolds, Altria Lead Smokers Toward Tobacco's New Era
at Investor's Business Daily - Fri Aug 01, 4:26PM CDT
Despite a rising onslaught of health warnings, Big Tobacco is muscling up with the marriage of two industry giants, the rise of e-cigarettes and increasing pricing power, even in the face of a long-term decline in cigarette sales. On the merger...
5 M&A Deal Stocks to Watch for Premium Gains
at The Street - Fri Aug 01, 6:50AM CDT
Mergers and acquisitions can provide amazing value for purchasing firms' balance sheets -- and instant gratification for shareholders in the target firm.
Lorillard e-cig revenue drops
at Investor's Business Daily - Wed Jul 30, 6:08PM CDT
The tobacco company's Q2 EPS rose 4% to 84 cents, missing views by 5 cents. Revenue dipped 1.4% to $1.27 bil, under views for $1.34 bil as sales of e-cigarettes fell 35% to $37 mil on increased competition. Overall cigarette shipments fell 3%;...
Lorillard's (LO) Q2 Earnings Miss Estimates, Sales Beat - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 30, 11:14AM CDT
Cigarette maker Lorillard Inc. (LO) reported adjusted earnings of 84 cents per share in the second quarter of quarter 2014, up 3.7% from the prior-year quarter.
Drop in e-cigarette sales hurts Lorillard profit
By MICHAEL FELBERBAUM - AP - Wed Jul 30, 10:58AM CDT
RICHMOND, Va. (AP) — Newport maker Lorillard Inc.'s profit fell 4.2 percent in the second quarter as sales of its market-leading Blu electronic cigarettes dropped and it sold fewer cigarettes.
Lorillard, Inc. Reports Second Quarter Results
PR Newswire - Wed Jul 30, 6:00AM CDT
Lorillard, Inc. (NYSE: LO) announced today its results for the quarter ended June 30, 2014.
Reynolds' Q2 earnings fire up
at Investor's Business Daily - Tue Jul 29, 6:05PM CDT
The tobacco giant's profit rose 7% to 89 cents a share, beating by 2 cents, as higher prices helped offset falling sales volume. Revenue fell 1% to $2.16 bil vs. views for $2.22 bil. Reynolds American (RAI) plans to buy rival Lorillard (LO) for $25...
Lorillard Rises 1.65% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue Jul 29, 4:34PM CDT
Lorillard (NYSE:LO) traded in a range yesterday that spanned from a low of $60.58 to a high of $61.73. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $61.19 on volume of 3.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
After Yesterday's Rally of 1.65% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Jul 29, 4:33PM CDT
Lorillard (NYSE:LO) traded in a range yesterday that spanned from a low of $60.58 to a high of $61.73. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $61.19 on volume of 3.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Reynolds Q2 Earnings Beats on Estimates; Tightens FY14 View - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 29, 11:00AM CDT
Reynolds American Inc.'s (RAI) adjusted earnings of 89 cents per share in the second quarter of fiscal 2014 beat the Zacks Consensus Estimate of 87 cents by 2.3%.
Lorillard Has Returned 17.1% Since SmarTrend Recommendation (LO)
Comtex SmarTrend(R) - Tue Jul 29, 9:27AM CDT
SmarTrend identified an Uptrend for Lorillard (NYSE:LO) on March 3rd, 2014 at $51.92. In approximately 5 months, Lorillard has returned 17.10% as of today's recent price of $60.79.
Reynolds American 2Q profit climbs 6.7 percent
By MICHAEL FELBERBAUM - AP - Tue Jul 29, 9:25AM CDT
RICHMOND, Va. (AP) — Reynolds American Inc. said Tuesday that its profit rose by 6.7 percent in its second quarter as higher cigarette and smokeless tobacco prices helped to offset a decline in the number of cigarettes it sold.
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Lorillard, Inc. in Connection with the Sale of the Company
Business Wire - Mon Jul 28, 5:35PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Lorillard, Inc. ("Lorillard" or the "Company"
(NYSE: LO) relating to the proposed acquisition by Reynolds American, Inc. ("Reynolds".
How Will Lorillard (LO) Stock Be Affected By This Price Target Increase?
at The Street - Mon Jul 28, 8:01AM CDT
Lorillard (LO) was upgraded to 'neutral' by analysts at Nomura (NMR) who also raised their price target to $64 on Monday.
Upgrade Alert for Lorillard (LO)
Comtex SmarTrend(R) - Mon Jul 28, 6:58AM CDT
Lorillard (NYSE:LO) was upgraded from Reduce to Neutral at Nomura today. The stock closed yesterday at $60.73 on volume of 1.7 million shares, below average daily volume of 4.8 million. Lorillard share prices have moved between a 52-week high of $67.46 and a 52-week low of $41.56 and closed yesterday at 46% above that low price at $60.73 per share. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.3%.
Judge's New Menthol Ruling Could Help Lift Tobacco Merger
Rich Duprey, The Motley Fool - Motley Fool - Sat Jul 26, 8:00AM CDT
Source: Wikimedia Commons As part of making the $27 billion megamerger between tobacco giants Lorillard and Reynolds American work, the two agreed to calve off a number of cigarette brands to Imperial Tobacco Group in a separate $7 billion...
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Lorillard, Inc. Stockholders
Business Wire - Wed Jul 23, 12:56PM CDT
Kirby McInerney LLP is investigating potential claims against Lorillard, Inc. ("Lorillard" or the "Company" (NYSE: LO) concerning the proposed acquisition of the Company by Reynolds American, Inc. ("Reynolds" (NYSE: RAI). Under the terms of the definitive merger agreement, Lorillard stockholders will receive $50.50 in cash and 0.2909 shares of Reynolds common stock for each share of Lorillard common stock they own, valuing the deal at approximately $27 billion.
Reynolds American Gets Burned in Tobacco Lawsuit
Rich Duprey, The Motley Fool - Motley Fool - Tue Jul 22, 9:00AM CDT
Source: Wikimedia Commons. It's a good thing Imperial Tobacco Group had an indemnity clause inserted when it agreed to buy a bunch of cigarette brands from Reynolds American and Lorillard to smooth those companies' merger. Because...
Marlboro maker Altria's 2Q profit stays flat
AP - Tue Jul 22, 8:58AM CDT
RICHMOND, Va. (AP) — Marlboro maker Altria Group posted flat second-quarter earnings Tuesday as higher prices helped to offset decline in the number of cigarettes it sold.
Judge: FDA can't use tobacco panel menthol report
By MICHAEL FELBERBAUM - AP - Mon Jul 21, 7:43PM CDT
RICHMOND, Va. (AP) — The Food and Drug Administration can't use an advisory panel's 2011 report on menthol cigarettes because its members had conflicts of interest, a federal judge ruled Monday.
Reynolds, Altria Lead Smokers Toward Tobacco's New Era
at Investor's Business Daily - Fri Aug 01, 4:26PM CDT
Despite a rising onslaught of health warnings, Big Tobacco is muscling up with the marriage of two industry giants, the rise of e-cigarettes and increasing pricing power, even in the face of a long-term decline in cigarette sales. On the merger...
5 M&A Deal Stocks to Watch for Premium Gains
at The Street - Fri Aug 01, 6:50AM CDT
Mergers and acquisitions can provide amazing value for purchasing firms' balance sheets -- and instant gratification for shareholders in the target firm.
Lorillard e-cig revenue drops
at Investor's Business Daily - Wed Jul 30, 6:08PM CDT
The tobacco company's Q2 EPS rose 4% to 84 cents, missing views by 5 cents. Revenue dipped 1.4% to $1.27 bil, under views for $1.34 bil as sales of e-cigarettes fell 35% to $37 mil on increased competition. Overall cigarette shipments fell 3%;...
Lorillard's (LO) Q2 Earnings Miss Estimates, Sales Beat - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 30, 11:14AM CDT
Cigarette maker Lorillard Inc. (LO) reported adjusted earnings of 84 cents per share in the second quarter of quarter 2014, up 3.7% from the prior-year quarter.
Drop in e-cigarette sales hurts Lorillard profit
By MICHAEL FELBERBAUM - AP - Wed Jul 30, 10:58AM CDT
RICHMOND, Va. (AP) — Newport maker Lorillard Inc.'s profit fell 4.2 percent in the second quarter as sales of its market-leading Blu electronic cigarettes dropped and it sold fewer cigarettes.
Lorillard, Inc. Reports Second Quarter Results
PR Newswire - Wed Jul 30, 6:00AM CDT
Lorillard, Inc. (NYSE: LO) announced today its results for the quarter ended June 30, 2014.
Reynolds' Q2 earnings fire up
at Investor's Business Daily - Tue Jul 29, 6:05PM CDT
The tobacco giant's profit rose 7% to 89 cents a share, beating by 2 cents, as higher prices helped offset falling sales volume. Revenue fell 1% to $2.16 bil vs. views for $2.22 bil. Reynolds American (RAI) plans to buy rival Lorillard (LO) for $25...
Lorillard Rises 1.65% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue Jul 29, 4:34PM CDT
Lorillard (NYSE:LO) traded in a range yesterday that spanned from a low of $60.58 to a high of $61.73. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $61.19 on volume of 3.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
After Yesterday's Rally of 1.65% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Jul 29, 4:33PM CDT
Lorillard (NYSE:LO) traded in a range yesterday that spanned from a low of $60.58 to a high of $61.73. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $61.19 on volume of 3.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Reynolds Q2 Earnings Beats on Estimates; Tightens FY14 View - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 29, 11:00AM CDT
Reynolds American Inc.'s (RAI) adjusted earnings of 89 cents per share in the second quarter of fiscal 2014 beat the Zacks Consensus Estimate of 87 cents by 2.3%.
Lorillard Has Returned 17.1% Since SmarTrend Recommendation (LO)
Comtex SmarTrend(R) - Tue Jul 29, 9:27AM CDT
SmarTrend identified an Uptrend for Lorillard (NYSE:LO) on March 3rd, 2014 at $51.92. In approximately 5 months, Lorillard has returned 17.10% as of today's recent price of $60.79.
Reynolds American 2Q profit climbs 6.7 percent
By MICHAEL FELBERBAUM - AP - Tue Jul 29, 9:25AM CDT
RICHMOND, Va. (AP) — Reynolds American Inc. said Tuesday that its profit rose by 6.7 percent in its second quarter as higher cigarette and smokeless tobacco prices helped to offset a decline in the number of cigarettes it sold.
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Lorillard, Inc. in Connection with the Sale of the Company
Business Wire - Mon Jul 28, 5:35PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Lorillard, Inc. ("Lorillard" or the "Company"
(NYSE: LO) relating to the proposed acquisition by Reynolds American, Inc. ("Reynolds". How Will Lorillard (LO) Stock Be Affected By This Price Target Increase?
at The Street - Mon Jul 28, 8:01AM CDT
Lorillard (LO) was upgraded to 'neutral' by analysts at Nomura (NMR) who also raised their price target to $64 on Monday.
Upgrade Alert for Lorillard (LO)
Comtex SmarTrend(R) - Mon Jul 28, 6:58AM CDT
Lorillard (NYSE:LO) was upgraded from Reduce to Neutral at Nomura today. The stock closed yesterday at $60.73 on volume of 1.7 million shares, below average daily volume of 4.8 million. Lorillard share prices have moved between a 52-week high of $67.46 and a 52-week low of $41.56 and closed yesterday at 46% above that low price at $60.73 per share. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.3%.
Judge's New Menthol Ruling Could Help Lift Tobacco Merger
Rich Duprey, The Motley Fool - Motley Fool - Sat Jul 26, 8:00AM CDT
Source: Wikimedia Commons As part of making the $27 billion megamerger between tobacco giants Lorillard and Reynolds American work, the two agreed to calve off a number of cigarette brands to Imperial Tobacco Group in a separate $7 billion...
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Lorillard, Inc. Stockholders
Business Wire - Wed Jul 23, 12:56PM CDT
Kirby McInerney LLP is investigating potential claims against Lorillard, Inc. ("Lorillard" or the "Company"
(NYSE: LO) concerning the proposed acquisition of the Company by Reynolds American, Inc. ("Reynolds" (NYSE: RAI). Under the terms of the definitive merger agreement, Lorillard stockholders will receive $50.50 in cash and 0.2909 shares of Reynolds common stock for each share of Lorillard common stock they own, valuing the deal at approximately $27 billion. Reynolds American Gets Burned in Tobacco Lawsuit
Rich Duprey, The Motley Fool - Motley Fool - Tue Jul 22, 9:00AM CDT
Source: Wikimedia Commons. It's a good thing Imperial Tobacco Group had an indemnity clause inserted when it agreed to buy a bunch of cigarette brands from Reynolds American and Lorillard to smooth those companies' merger. Because...
Marlboro maker Altria's 2Q profit stays flat
AP - Tue Jul 22, 8:58AM CDT
RICHMOND, Va. (AP) — Marlboro maker Altria Group posted flat second-quarter earnings Tuesday as higher prices helped to offset decline in the number of cigarettes it sold.
Judge: FDA can't use tobacco panel menthol report
By MICHAEL FELBERBAUM - AP - Mon Jul 21, 7:43PM CDT
RICHMOND, Va. (AP) — The Food and Drug Administration can't use an advisory panel's 2011 report on menthol cigarettes because its members had conflicts of interest, a federal judge ruled Monday.
