Cigarettes

(LO) Lorillard Shares Rated at Neutral

We reaffirm our Neutral recommendation on Lorillard Inc (LO) following an appraisal of its fourth quarter 2012 results.

Why the Reiteration?

Lorillard’s fourth quarter earnings of 79 cents per share...

23Apr2013 | | Comments Off on (LO) Lorillard Shares Rated at Neutral | Continued

(PM) What’s In Store for Philip Morris?

Philip Morris (PM) is set to report fourth quarter and full year 2012 results on Feb 7. Last quarter it posted a +4.3% positive surprise. Let’s see how things are shaping up for this announcement.

Growth Factors...

11Feb2013 | | Comments Off on (PM) What’s In Store for Philip Morris? | Continued

(MO) Altria Group Expected to Beat Estimates

We expect tobacco giant Altria Group Inc. (MO) to beat expectations when it reports fourth quarter and full year fiscal 2012 results on Jan 31 before the market opens.

Why a Likely Positive Surprise?

Our...

10Feb2013 | | Comments Off on (MO) Altria Group Expected to Beat Estimates | Continued

(PM) Philip Morris International Clears Payment Dispute

The long-running dispute between cigarette maker Philip Morris International Inc. (PM) and 19 U.S. states has come to an end. Other cigarette makers also reached an agreement and these companies, including Philip Morris, have agreed...

22Dec2012 | | Comments Off on (PM) Philip Morris International Clears Payment Dispute | Continued

(PM) Philip Morris International Analyst Remains Neutral on Shares

We recently reiterated our Neutral recommendation on Philip Morris International (PM). Earnings of $1.27 per share in the first quarter of fiscal 2012 increased from the year-ago earnings of $1.06 per share and also moved past the Zacks...

27Jun2012 | | Comments Off on (PM) Philip Morris International Analyst Remains Neutral on Shares | Continued

(LO) Lorillard Incorporated – Bull of the Day

Lorillard Inc.’s (LO) fourth-quarter and fiscal 2011 earnings exceeded both the Zacks Consensus Estimate by 12.2% and 3.0%, and the prior-year earnings by 26.4% and 16.2%, respectively. The company’s results continued to...

6Mar2012 | | Comments Off on (LO) Lorillard Incorporated – Bull of the Day | Continued

(PM) Philip Morris International Working to Show Tobacco Saves Lifes

While the governments of several countries are forcing the tobacco biggies to showcase the deadly effects of cigarettes through their packets, Philip Morris International (PM) has interestingly geared up to prove that tobacco can save...

13Jan2012 | | 0 comments | Continued

(MO) U.S. Trade Deficit Much Worse than Expected

The Trade Deficit rose in June to $53.07 billion from $50.83 billion in May. The rise in the trade deficit is bad news for the economy, and the level is very dangerous.

For the month it was up 4.4%, and it was worse than the $48.0 billion consensus expectation. On a year-over-year...

22Aug2011 | | 0 comments | Continued

(PM) Philip Morris International Fights Aussie Crackdown

Tobacco giant Philip Morris International Inc. (PM) has threatened the Australian government for the proposed ban on cigarette-packaging advertisements and expects to seek billions of Australian dollars in financial compensation.

Under...

28Jun2011 | | 0 comments | Continued

(RAI) FDA Launches Stronger Anti-smoking Campaign

The Food and Drug Administration (‘FDA’) in a recent ruling has asked the tobacco giants of United States to print the latest design set by the council on their cigarette packets from October 2011. Graphic design of a dead body, cancerous lungs and rotten teeth would definitely be a scary intimidation...

26Jun2011 | | 0 comments | Continued

(PM) Philip Morris International Sues Fake Marlboro Vendors

Philip Morris International Inc. (PM) has filed a case in U.S. District Court against local retailers in Miami for selling fake Marlboro cigarettes. The New York-based cigarette company has tracked down 17 retailers who have been selling...

22Jun2011 | | 0 comments | Continued

(PM) Most Promising High-Yielding Stocks

With interest rates at rock-bottom levels, income is hard to find in this environment. Stocks that pay nice dividends are a good place to look.

This is inherently a long-term approach to investing, not about quick flips. However, you don’t want to buy a stock just because it has a 3% yield,...

24May2011 | | 0 comments | Continued

(PM) Phillip Morris is Financial Tides’ S&P 100 Pick of the Day

Philip Morris International  (PM) is the leading international tobacco company, with products sold in over 160 countries. They own 7 of the top 15 brands in the world and have a strong mix of international and local products...

17Oct2010 | | 0 comments | Continued

(LO) Lorillard’s Earnings Report Beats Estimates

Lorillard Inc. (LO) reported results for the first quarter of fiscal 2010 with earnings of $1.50 per share. Earnings were above the Zacks Consensus Estimate of $1.22 and were up 37.6% year over year.

Net sales for the quarter...

27Apr2010 | | 0 comments | Continued

(MO) Altria Group Narrowly Misses Projections

Altria Group Inc. (MO) has reported strong first quarter 2010 results with earnings of $0.39 per share, up 39.3% compared to the year-earlier quarter. Adjusted earnings, however, marginally missed the Zacks Consensus Estimate by a penny....

22Apr2010 | | 0 comments | Continued

(RAI) Reynolds American’s Profits Miss Forecasts

Reynolds American Inc. (RAI) reported fourth quarter earnings of $1.10 per share, down from the Zacks Consensus Estimate of $1.15 and the last year’s earnings of $1.27. The quarterly decline in earnings was the result of higher pension...

5Feb2010 | | 0 comments | Continued

(MO) Altria Group Misses Analyst Estimates

Altria Group Inc. (MO) has reported strong fourth quarter 2009 results, with earnings of 35 cents per share, up 6.1% compared to the year-earlier quarter. For full fiscal 2009, earnings were up 4.1% year-over-year to $1.54 per share....

28Jan2010 | | 0 comments | Continued

(MO) Energy Heats Up Producer Price Index

The Producer Price Index (PPI) came in at a much-higher-than-expected 1.8% increase in November relative to October. In October, the PPI was up only 0.3%. The consensus expectations were for a rise of 0.8%.

The rise was for the most part due to a big jump in energy costs. Finished energy...

15Dec2009 | | 0 comments | Continued

(LO) Lorillard Reports Mixed Results

Lorillard Inc. (LO) reported results for the third quarter of fiscal 2009 with earnings of $1.44 per share. Although earnings were below the Zacks Consensus Estimate of $1.52, they were up 4.3% year over year.

Net sales for the...

26Oct2009 | | 0 comments | Continued

(MO) Altria Beats Forecasts on Cost Savings

Altria Group (MO) reported strong third-quarter results, with earnings of 48 cents per share. Earnings were 2 cents above the Zacks Consensus Estimate and up 4.3% year-over-year. Profits were primarily driven by the company’s cost savings efforts and growth in the cigar unit.

Net...

22Oct2009 | | 0 comments | Continued

($MO) Altria Group- Bear of the Day – Sell rating is recommended.

Altria Group (MO) is the leading domestic tobacco company, which generates significant cash flow and the stock has a high dividend yield. In an effort to expand into adjacent categories, Altria acquired  UST, the world’s leading moist smokeless tobacco manufacturer.

However, the company...

29Jul2009 | | 0 comments | Continued

(MO) Consumer Staples – Industry Outlook

The stock market has begun to discount a recovery from the global recession. Prior rallies after major declines of similar magnitude (such as after the recession in the mid-1970Õs and the Great Depression in the 1930Õs) were sharp and unrelenting.

It is expected that stocks in the Consumer...

13Jul2009 | | 0 comments | Continued

(MO) Consumer Staples – Industry Outlook

The stock market has begun to discount a recovery from the global recession. Prior rallies after major declines of similar magnitude (such as after the recession in the mid-1970’s and the Great Depression in the 1930’s) were sharp and unrelenting.

It is expected that stocks in the Consumer...

10Jul2009 | | 0 comments | Continued