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...
Why Altria's Stock Decline May Present a Good Buying Opporunity
at The Street - Fri Aug 01, 9:35AM CDT
Two reasons stand out.
Altria Group (MO) Approaches New Downside Target of $40.29
Comtex SmarTrend(R) - Fri Aug 01, 9:05AM CDT
Altria Group (NYSE:MO) has opened bearishly below the pivot of $40.74 today and has reached the first level of support at $40.45. Investors may be interested in a cross of the next downside pivot targets of $40.29 and $39.84.
3 Buy-Rated Dividend Stocks Taking The Lead: MO, RGC, UIL
at The Street - Thu Jul 31, 10:30AM CDT
These 3 dividend stocks are rated a Buy by TheStreet
The Market's Roller-Coaster Ride Continues With Volatility at the Forefront
at The Street - Wed Jul 30, 4:40PM CDT
The stock indexes continued their volatile ride as the U.S.GDP number did not provide the upside that was expected.
After Yesterday's Decline of 1.01%, Altria Group Offers Investors Better Value
Comtex SmarTrend(R) - Wed Jul 30, 4:09PM CDT
Altria Group (NYSE:MO) traded in a range yesterday that spanned from a low of $41.06 to a high of $41.89. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $41.37 on volume of 7.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Altria Group Falls 1.01% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Jul 30, 4:05PM CDT
Altria Group (NYSE:MO) traded in a range yesterday that spanned from a low of $41.06 to a high of $41.89. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $41.37 on volume of 7.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
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.
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%.
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.
Earnings Review - Altria Group Inc.
PR Newswire - Mon Jul 28, 8:30AM CDT
Investor-Edge.com has issued complimentary earnings review on Altria Group Inc. (NYSE: MO). The company was featured in the headlines on Tuesday, July 22, 2014, for reporting a 1.6% year-over-year growth in GAAP earnings per share (EPS) in the second quarter of 2014. Our free coverage report can be accessed at:
Cigarette and Tobacco Product Manufacturing in Australia Industry Market Research Report Now Updated by IBISWorld
PRWeb - Sun Jul 27, 8:01AM CDT
Although Cigarette and Tobacco Product Manufacturing in Australia is restricted to two companies, heavy government regulation results in extremely fierce competition. According to IBISWorld industry analyst Spencer Little, "Demand for cigarettes has declined over the past five years due to rising health concerns, frequent anti-smoking campaigns, increasing regulation and higher excise taxes." As a result, industry revenue is estimated to fall at a compound annual 0.8% over the five years through 2014-15. Revenue is forecast to drop by 3.8% in 2014-15 to reach $1.8 billion. Smoking tobacco has been proven to cause a range of health issues such as lung cancer, throat cancer and respiratory diseases. Industry products therefore cannot be advertised and must be sold in plain packaging that includes health warnings. Excise taxes, which are excluded from the industry's cost structure, have risen over the past five years. However, profitability has increased over this period, as manufacturers have been able to increase cigarette prices due to the relatively inelastic demand for tobacco products.
Vector Group's Q2 Earnings Report Could Light Up Its Stock Price
Ted Cooper, The Motley Fool - Motley Fool - Sat Jul 26, 8:00AM CDT
Vector Group will release its quarterly earnings report Monday after having outpaced Altria Group so far this year. The No. 1 U.S. tobacco company lacks the one-two punch that Vector brings to the fight. Even as Vector bleeds share in the...
Altria's Q2 Results Illustrate Company's Long-Term Value
Ted Cooper, The Motley Fool - Motley Fool - Fri Jul 25, 2:30PM CDT
Altria Group 's stock price opened 1% lower Tuesday after releasing its second-quarter earnings report. The U.S. distributor of Marlboro cigarettes posted 5% earnings-per-share growth, but declining cigarette volume led to a slight revenue decrease....
15.2% Return Seen to Date on SmarTrend Altria Group Call (MO)
Comtex SmarTrend(R) - Fri Jul 25, 11:09AM CDT
SmarTrend identified an Uptrend for Altria Group (NYSE:MO) on February 28th, 2014 at $36.19. In approximately 5 months, Altria Group has returned 15.23% as of today's recent price of $41.70.
Watch for Shares of Altria Group (MO) to Approach Support at $41.63
Comtex SmarTrend(R) - Fri Jul 25, 9:31AM CDT
Shares of Altria Group (NYSE:MO) opened today below their pivot of $41.99 and have already reached the first level of support at $41.84. Investors may be interested in a cross of the next downside pivot targets of $41.63 and $41.27.
Jury Orders Reynolds American to Pay $23.6 Billion. Time to Sell?
Ted Cooper, The Motley Fool - Motley Fool - Wed Jul 23, 3:06PM CDT
A Florida jury awarded $23.6 billion to the widow of a man who died in 1996 after smoking Reynolds American 's cigarettes for more than two decades. Cynthia Robinson's husband died after alleged negligence on the part of the No. 2 U.S. tobacco...
Dow 17,000: I Am Not Exactly Celebrating
Kofi Bofah, The Motley Fool - Motley Fool - Tue Jul 22, 1:21PM CDT
On July 3, 2014, the Dow Jones Industrial Average established an all-time intraday high of 17,074. The date was a capstone to a quiet, yet powerful stock market move from the depths of the 2008 housing bust and credit crisis. This latest run-up in...
Altria Posts In-Line Q2 Earnings, Revs; Narrows Outlook - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 22, 9:21AM CDT
Altria Inc.'s (MO) adjusted earnings of 65 cents per share in the second quarter of 2014 were in line with the Zacks Consensus Estimate.