Blogs about UST - Stockpickr! Your Source for Stock Ideas

Blogs about UST

Blogs	Description	Date Updated
Altria Files 8-K	Here is the new closing information on the Alria (MO) & UST (UST) deal. SECTION 1. Amendment to the Merger Agreement.(i) Section 1.2 (Closing) of the Merger Agreement is hereby deleted in its entirety and replaced with the following:“Unless otherwise mutually agreed in writing between the Company and Parent, the closing for the Merger (the “Closing”) shall take place at the offices of Hunton & Williams LLP, 200 Park Avenue, New York, NY at 10:00 a.m. (Eastern Time) as promptly a...	October 03, 2008
Altria Updates UST Deal	A sign of the times, the deal will get done, just a month later..-Altria Group, Inc. (Altria) (NYSE: MO) and UST Inc. (UST) (NYSE: UST) today announced that the companies have amended the September 7, 2008 agreement pursuant to which Altria has agreed to acquire all outstanding shares of UST. The amendment sets forth Altria’s and UST’s agreement to extend, at Altria’s option, the closing date of the transaction to a date that is no later than early January 2009 in the event conditions for ...	October 03, 2008
Phillip Morris Completes Acquisition	Phillip Morris International (PM) has closed the acquisition of Canadian cigarette maker Rothmans Inc. after receiving Canadian Gov't approval. Philip Morris said owners of about 47 million shares or 68% of the company, had accepted its offer of 30 Canadian dollars (about $28.16) per share. It will pay for those shares on Friday. They extended their offer by 10 days to allow shareholders to tender remaining shares.This follows an industry trend of consolidation. Altria (MO) said earlier this mon...	September 17, 2008
Altria / UST Merger Agreement Details and CEO Letter to Employees	Here are the details of the Altria (MO) UST (UST) deal. Here is the letter from the Chairman and CEO.Subject: Altria Group, Inc. Agrees to Acquire UST Inc.I write with exciting news. This morning, Altria Group, Inc. (Altria) and UST Inc. (UST) announced that they have entered into a definitive agreement for Altria to acquire all outstanding shares of UST, the world’s leading moist smokeless tobacco (MST) manufacturer. The transaction is valued at approximately $11.7 billion, which inclu...	September 08, 2008
It's Official, Altria Buys UST	Wow, I guess those who predicted the death of Altria (MO) due to the decline in smokers jumped the gun just a bit? Altria announced the purchase of UST (UST) will:-- Creates a total tobacco platform with superior premium tobacco brands that includes Marlboro, Copenhagen, Skoal and Black & Mild-- Accretive to adjusted diluted earnings per share within twelve months of closing-- Generates estimated annual synergies of $250 million by 2011-- Diversifies Altria's revenues and operating incomeIn...	September 08, 2008
Altria / UST........hmmmmm	The deal between Altria (MO) and UST (UST) will make Altria the clear leader in both smokeless and traditional tobacco. It also must be an admission that their offering will enter the "non premium" space below the Copnehagen and Skole offerings from UST. The deal, rumored to be worth more than $10 billion could be announced as early as Monday, though the timing could be sooner given media reports of the negotiations. UST shares are up 24 percent in trading from a close of $54 on Thursday. As ...	September 05, 2008
Wednesday's Upgrades and Downgrades	UPGRADESCenturytel (CTL)- Stanford Research Hold » Buy Cheesecake Factory (CAKE)- Wedbush Morgan Hold » Buy Global Industries (GLBL)- CapitalOne southcoast Add » Strong Buy Pioneer Natural (PXD)- BMO Capital Markets Market Perform » Outperform Raytheon (RTN)- JP Morgan Neutral » Overweight RC2 (RCRC)- Piper Jaffray Neutral » Buy Key Energy (KEG)- RBC Capital Mkts Sector Perform » Outperform UST Inc (UST)- UBS Neutral » Buy Invitrogen (IVGN)- JP Morgan ...	June 25, 2008
Fast Money Recap	Word On The Street WORD VIDEO HERE Fed Trade The traders spoke with Steve Leisman about the chances of the Fed hiking rates. Liesman implied that the Fed language will not accommodate those in the market looking for hints at rate hikes in the future. He explained that the market is ahead of the Fed on the next rate move. “market is well wired for rate hikes beginning in August or September,” he said. Macke said if the Fed promotes a steady as she goes message the market will respond...	June 24, 2008
Tuesday's Upgrades and Downgrades	UpgradesApple (AAPL)- AmTech Research Neutral » Buy South Fincl Group (TSFG)- Fox Pitt In Line » Outperform First Ind. Rlty (FR)- BMO Capital Markets Market Perform » Outperform Intermec (IN)- Stanford Research Sell » Hold Superior Essex (SPSX)- Morgan Joseph Hold » Buy MedAssets (MDAS)- William Blair Mkt Perform » Outperform New York & Co (NWY)- Brean Murray Hold » Buy UST Inc (UST)- Deutsche Securities Hold » Buy NN Inc (NNBR)- KeyBanc Capital Mkts Hol...	May 06, 2008
Altria (MO) Earnings Call Notes	Notes from the Altria (MO) earnings call..The focus hereis on smokeless products as the potential market for Altria is large.. Regarding smokeless products:Judy Hong - Goldman Sachs & Company, Inc.: "Okay. And then just... in terms of your Snus and the snuff product, can you talk about whether there is... the spending in the first quarter was also impacted by the investment behind those brands. I mean I imagine that they were just a limited test market, so that would not be the case, but can you...	April 25, 2008

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