Financial Reports, Dividends, and Executive Appointments for Tobacco and Distillery Investors - Research Report on PMI, Altria Group, Lorillard, RAI, and Diageo

Tue Jul 23, 2013 8:00am EDT

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Financial Reports, Dividends, and Executive Appointments for Tobacco and Distillery Investors - Research Report on PMI, Altria Group, Lorillard, RAI, and Diageo

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NEW YORK, July 23, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Philip Morris International, Inc. (NYSE: PM), Altria Group Inc. (NYSE: MO), Lorillard, Inc. (NYSE: LO), Reynolds American Inc. (NYSE: RAI), and Diageo plc (NYSE: DEO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Philip Morris International, Inc. Research Report

On July 18, 2013, Philip Morris International, Inc. (PMI) released its Q2 2013 financial results. Net revenues, excluding excise taxes, were down 2.5% YoY to $7.9 billion, while diluted EPS was down 4.4% YoY to $1.30 per share. André Calantzopoulos, CEO of PMI, stated, "As expected, despite strong pricing and a robust share performance, our second-quarter results were primarily impacted by lower industry volume in several key markets, as well as the timing of inventory movements in Japan, higher costs, predominantly in Asia, and stiffer currency headwinds." Calantzopoulos continued, "For the second half of the year, we expect volume/mix to improve, pricing to remain strong and our total cost variance, excluding currency, to be flat. While industry volume remains a challenge, our underlying business performance is such that we continue to expect to meet our mid to long-term currency neutral adjusted diluted EPS growth rate target of 10-12% in 2013." 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: [http://www.AnalystsCorner.com/r/full_research_report/0270_PM]

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Altria Group Inc. Research Report

On July 9, 2013, Altria Group Inc. (Altria) announced that it will host a live audio webcast of its Q2 2013 business results on Tuesday, July 23, 2013 at 9:00 a.m. Eastern Time. Altria reported that it will issue an official press release of its business results at approximately 7:00 a.m. Eastern Time on the same day. Marty Barrington, Altria's Chairman and Chief Executive Officer, and Howard Willard, Altria's Executive Vice President and Chief Financial Officer, will discuss the Company's 2013 Q2 2013 business results, and answer questions from the investment community and news media. 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: [http://www.AnalystsCorner.com/r/full_research_report/fe4c_MO]

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Lorillard, Inc. Research Report

On July 11, 2013, Lorillard, Inc. (Lorillard) announced that it will report its Q2 2013 results on July 25, 2013. The conference call will start at 9:00 a.m. Eastern Time on Thursday, July 25, 2013, which will be hosted by Murray S. Kessler, the Company's Chairman, President and Chief Executive Officer, and David H. Taylor, the Company's Executive Vice President, Finance and Planning and Chief Financial Officer. Lorillard informed that the press release of the Q2 2013 results and the live webcast of the conference call will be available under the Investor Relations section of the Company's website. The Full Research Report on Lorillard, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/d331_LO]

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Reynolds American Inc. Research Report

On July 11, 2013, Reynolds American Inc. (RAI) announced that the Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.63 per share ($2.52 per share annualized). RAI reported that the dividend is payable on October 1, 2013 to shareholders of record on September 10, 2013. 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: [http://www.AnalystsCorner.com/r/full_research_report/d59b_RAI]

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Diageo plc Research Report

On July 15, 2013, Diageo plc (Diageo) announced that Ian Wright, Corporate Relations Director since 2004 will leave the Company and be succeeded by Charlotte Lambkin, currently Group Communications Director of BAe Systems plc. According to Diageo, Lambkin is scheduled to assume her role on January 2014, and will receive support from Wright through her first months in the Company. Ian is scheduled to leave the Company on March 31, 2014. Paul S Walsh, Advisor to the Chairman and CEO of Diageo, commented, "Ian has been a principal architect of Diageo's reputation. It was he and his team who first articulated our ambition to be one of 'the world's most trusted and respected companies' and he has been a major contributor in our efforts to achieve it. I know he took particular pride on the two occasions when we were named Britain's Most Admired Company. He has made a very important contribution to Diageo's standing among global corporations and has also been a key member of the Executive Committee. We all wish him well." The Full Research Report on Diageo plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/9b25_DEO]

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