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Sunday 11 October 2015
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Worth Watching Mix Cap Stocks: Philip Morris International Inc. (NYSE:PM), Marsh & McLennan Companies, Inc. (NYSE:MMC), Lloyds Banking Group PLC (ADR) (NYSE:LYG), Discovery Communications Inc. (NASDAQ:DISCA)

On Thursday, Philip Morris International Inc. (NYSE:PM)’s shares declined -0.02% to $82.08.

The Board of Directors of Philip Morris International Inc. (PM), raised the company’s regular quarterly dividend by 2% to an annualized rate of $4.08 per share.

The new quarterly dividend of $1.02 per share, up from $1.00 per share, is payable on October 14, 2015, to stockholders of record as of September 30, 2015. The ex-dividend date is September 28, 2015.

Philip Morris International Inc., through its auxiliaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprise Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White.

Marsh & McLennan Companies, Inc. (NYSE:MMC)’s shares dropped -0.73% to $54.24.

Marsh & McLennan Companies, Inc. (MMC), a global professional services firm offering clients advice and solutions in risk, strategy and people, recently declared the appointment of Mark McGivney as Chief Financial Officer, effective January 1, 2016. Mr. McGivney will report to Marsh & McLennan Companies’ President & CEO Dan Glaser and join the Company’s Executive Committee.

In this role, Mr. McGivney succeeds J. Michael Bischoff, who is retiring after having served as Chief Financial Officer since September 2012. Mr. Bischoff joined the Company in 1982 and held a number of senior financial administration positions before being named interim CFO in March 2012. Mr. Bischoff is predictable to serve as a part-time Senior Advisor to the Company through the first quarter of 2016.

Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions primarily in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services; and Consulting.

At the end of Thursday’s trade, Lloyds Banking Group PLC (ADR (NYSE:LYG)‘s shares dipped -1.89% to $4.67.

Paul Carlier, a former foreign-exchange trader at Lloyds Banking Group Plc, said he was “targeted” by the bank after blowing the whistle on improper trading, according to Bloomberg.

Carlier, who is suing Lloyds, said he raised concerns in July 2014 about a trade in which an order from Tesco Plc was partially filled so the sales desk could “buy back” the amount not yet accomplished at a lower price, making a profit at the expense of Tesco. The allegation emerged in the witness statement of Anders Henrikson, head of foreign exchange product at Lloyds. Carlier said he raised concerns about the trade to his line manager Steve Harris, which contributed to his dismissal. Bloomberg Reports

“I was targeted, I was selected and that was it,” Carlier, who is representing himself, said while questioning Henrikson Wednesday in London. “Everything thereafter was just window dressing.”

Lloyds Banking Group plc provides a range of banking and financial services to individuals and businesses in the United Kingdom and internationally.

Discovery Communications Inc. (NASDAQ:DISCA), ended its Thursday’s trading session with 1.43% gain, and closed at $28.29.

Discovery Communications ( DISCA,) will host its inaugural Investor Day on Tuesday, September 29, 2015, in New York City. David Zaslav, President & CEO and Andrew Warren, Chief Financial Officer will talk about the Company’s strategy and outlook. JB Perrette, President, Discovery Netoperates International; Bruce Campbell, Chief Development & Digital Officer and General Counsel; and Rich Ross, Group President, Discovery Channel, Animal Planet and Science Channel, in addition to additional featured speakers, also will present. The event will start at 8:15 a.m. ET and conclude at 12:15 p.m. ET.

Discovery Communications, Inc. operates as a media company. The company operates through U.S. Netoperates; International Netoperates; and Education and Other segments. The company owns and operates television netoperates under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids. Its content spans genres, counting survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health, and kids.

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