Cigarettes Stocks In News: Altria Group Inc (NYSE:MO), Philip Morris International (NYSE:PM), Reynolds American (NYSE:RAI), Lorillard (NYSE:LO)

Altria Group Inc (NYSE:MO) sold its idle manufacturing plant in North Carolina to a company that might convert it into a big industrial park. Altria, the owner of Philip Morris USA, sold the facility for about $69 million to Victory Industrial Park. Altria Group Inc (NYSE:MO), shares after opening at $38.23 moved to $38.46 on last trade day and at the end of the day closed at $38.45. Company price to sales ratio in past twelve months was calculated as 3.12 and price to cash ratio as 24.07. Altria Group Inc (NYSE:MO), showed a positive weekly performance of 1.67%.

Philip Morris International Inc. (NYSE:PM), issued an update on its FY14 earnings guidance on Thursday morning. The company provided EPS guidance of $5.09-5.19 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.12, Analyst Ratings Newsreports. Philip Morris International Inc. (NYSE:PM), shares fell 1.93% in last trading session and ended the day on $83.15. Philip Morris International Inc. (NYSE:PM), return on equity ratio is recorded as -136.60% and its return on assets is 22.80%. Philip Morris International Inc. (NYSE:PM), yearly performance is -5.32%.

On April 16, 2014, The board of directors of Reynolds American, Inc. (NYSE:RAI), has elected Susan M. Cameron president and chief executive officer, effective May 1. She will also remain a member of the RAI board of directors. Reynolds American, Inc. (NYSE:RAI), shares moved down 0.16% in last trading session and was closed at $54.90, while trading in range of $ 54.72 – 55.44. Reynolds American, Inc. (NYSE:RAI), year to date (YTD) performance is 11.20%.

Shares of Lorillard Inc. (NYSE:LO), “reduce” rating reaffirmed at Nomura Securities. Lorillard Inc. (NYSE:LO), weekly performance is 4.24%. On last trading day company shares ended up $54.52. Lorillard Inc. (NYSE:LO), distance from 50-day simple moving average (SMA50) is 6.64%. Analysts mean target Price for the company is $52.88.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *