|By PR Newswire||
|December 30, 2013 08:01 AM EST||
NEW YORK, December 30, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Altria Group Inc. (NYSE: MO), Philip Morris International, Inc. (NYSE: PM), PepsiCo, Inc. (NYSE: PEP), Lorillard, Inc. (NYSE: LO), and Reynolds American Inc. (NYSE: RAI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Altria Group Inc. Research Report
On December 20, 2013, Altria Group Inc. (Altria) announced that it has entered into a series of agreements with Philip Morris International Inc. (PMI). Altria informed that the agreements between the companies' subsidiaries involve intellectual property licensing, regulatory engagement and contract manufacturing. The Company stated that under the agreements: Altria is giving PMI an exclusive license to commercialize Altria's e-vapor products internationally; PMI is supplying Altria (on an exclusive basis) two of PMI's heated tobacco products for commercialization in the United States; and the companies are collaborating on scientific assessment, regulatory engagement and sharing improvements regarding those products. Marty Barrington, Altria's Chairman and CEO, commented, "These agreements create an important opportunity to commercialize our e-vapor products internationally through a strategic partnership with PMI. In addition, through subsidiaries, PMI is granting Altria an exclusive license to sell in the United States heated tobacco products that PMI is developing. This is consistent with Altria's ongoing efforts to develop a robust portfolio of innovative products that meet adult tobacco consumers' preferences, including those that have the potential to be authorized by the Food and Drug Administration (FDA) as modified risk tobacco products." The Full Research Report on Altria Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Philip Morris International, Inc. Research Report
On December 19, 2013, Philip Morris International, Inc. (PMI) reported that its EU Region President Drago Azinovic commented the following about the finalized agreement between the European Commission, Parliament and Council on the proposal for the revision of the Tobacco Products Directive (TPD): "The EU has ignored its own standards for proportionate, evidenced-based policymaking during the five years that the Tobacco Products Directive has been under consideration. Discussions in Council and the European Parliament might have marginally amended the original text, but the EU's failure to do its homework will be a gift for the criminals profiting from the black market in tobacco, and a blow to the hundreds of thousands of people working in the legal industry and member state governments now faced with filling budget gaps. Instead of further harmonizing the internal market, a stated objective of the Directive, measures in the TPD will further erode property rights that the EU Charter protects. This sends a worrying signal to other sectors of the economy that depend on legal certainty and a rigorous defense of intellectual property rights." The Full Research Report on Philip Morris International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
PepsiCo, Inc. Research Report
On December 24, 2013, PepsiCo, Inc.'s (PepsiCo) stock increased 0.22%, ending the day at $82.04. Over the previous three trading sessions, shares of PepsiCo advanced 0.47%, compared to the Dow Jones Industrial Average, which gained 1.10% during the same period. The Full Research Report on PepsiCo, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Lorillard, Inc. Research Report
On December 24, 2013, Lorillard, Inc.'s (Lorillard) stock increased 0.20%, ending the day at $50.30. Over the previous three trading sessions, shares of Lorillard edged higher by 1.04%, compared to the Dow Jones Industrial Average, which went up by 1.10% during the same period. The Full Research Report on Lorillard, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Reynolds American Inc. Research Report
On December 24, 2013, Reynolds American Inc.'s (Reynolds American) stock increased 0.76%, ending the day at $49.23. Over the previous three trading sessions, shares of Reynolds American gained 0.84%, compared to the Dow Jones Industrial Average, which advanced 1.10% during the same period. The Full Research Report on Reynolds American Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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