Cigarette Companies Report Stock Summaries, Dividends, Financial Results and Announcements - Analyst Notes on Lorillard, Reynold American, Altria Group, Philip Morris International, and Vector Group
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NEW YORK, March 5, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Lorillard, Inc. (NYSE: LO), Reynolds American Inc. (NYSE: RAI), Altria Group Inc. (NYSE: MO), Philip Morris International, Inc. (NYSE: PM), and Vector Group Ltd. (NYSE: VGR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Lorillard, Inc. Analyst Notes
On March 3, 2014, Lorillard, Inc.'s (Lorillard) stock went up by 9.27% to $53.61 per share. The sudden surge in Lorillard's stock was preceded by the Financial Times reporting that RJ Reynolds, a US tobacco company, is exploring a bid for Lorillard. The Financial Times cited people familiar with the situation as the source for the news. The full analyst notes on Lorillard, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/LO/report.pdf
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Reynolds American Inc. Analyst Notes
On March 3, 2014, R.J. Reynolds Vapor Company (RJR Vapor Company), a subsidiary of Reynolds American Inc. (Reynolds American), announced that its VUSE® Digital Vapor Cigarette is the official vapor product (e-cigarette) of South by Southwest 2014 (SXSW) in Austin, Texas. Commenting on the release, Stephanie Cordisco, President of RJR Vapor Company, stated, "With a culture of innovation and focus on emerging trends, South by Southwest is the ideal setting to showcase the state-of-art, digital technology in VUSE that makes it a game-changer for the vapor industry. VUSE is redefining enjoyment for adult tobacco consumers, and plays a key role in our continued efforts to lead the transformation of the tobacco industry." The full analyst notes on Reynolds American Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/RAI/report.pdf
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Altria Group Inc. Analyst Notes
On February 26, 2014, Altria Group Inc. (Altria) announced that the Company's Board of Directors has declared a regular quarterly dividend of $0.48 per common share. According to Altria, the regular quarterly dividend is payable on April 10, 2014, to shareholders of record as of March 14, 2014, and the ex-dividend date is March 12, 2014. The full analyst notes on Altria Group Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/MO/report.pdf
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Philip Morris International, Inc. Analyst Notes
On February 26, 2014, Philip Morris International, Inc. (Philip Morris International) announced that the Company's EU Region President Drago Azinovic, has commented on the adoption by the European Parliament of the Tobacco Products Directive (TPD). According to the release, Azinovic stated, "The Tobacco Products Directive adopted by the European Parliament today represents a worrying departure from the EU's basic standards of proportionate, evidenced-based policymaking, which will further erode intellectual property rights and undermine the EU Charter where these rights are protected. Instead of further harmonizing the internal market, a stated objective of the Directive, measures in the TPD will make the EU less competitive and be a gift for the criminals profiting from the black market in tobacco. This will be a blow to the hundreds of thousands of people working in the legal industry and member state governments now faced with filling budget gaps." The full analyst notes on Philip Morris International, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/PM/report.pdf
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Vector Group Ltd. Analyst Notes
On March 3, 2014, Vector Group Ltd. (Vector Group) reported its Q4 2013 and full-year 2013 financial results. The Company's revenues for Q4 2013 were up by 6.3% YoY to $295.2 million, while full-year 2013 revenues went down by 2.6% YoY to $1.1 billion. Net income for Q4 2013 was $63.8 million or $0.61 per diluted share, compared to net income of $16.5 million or $0.14 per diluted share in Q4 2012. Full-year 2013 net income was $38.7 million or $0.41 per diluted share, compared to net income of $53.7 million or $0.34 per diluted share in 2012. The full analyst notes on Vector Group Ltd. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/VGR/report.pdf
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