Lorillard Shares Jump on EPS BeatLorillard ( LO) just reported its third-quarter profit fell 2.8%, but the company's earnings still beat analysts' estimates. Lorillard beat EPS estimates by 2 cents on higher prices and market-share gains. The cigarette maker, which has brands such as Newport, Kent and True, saw its wholesale shipment volumes in the quarter rise 4.5% to 10.09 billion units. We had removed shares of LO from our "Recommended" list on Oct. 6, when shares traded at $66.83. The company has a 6.33% dividend yield, based on Friday's closing stock price of $58.13. The current election as well as potential FDA tobacco regulation have made us cautious on these shares. We would look at other tobacco plays, such as Altria ( MO), Reynolds American ( RAI) and Philip Morris International ( PM) as better risk/reward plays. Lorillard is not recommended at this time, holding a Dividend.com Rating of 3.4 out of 5 stars. Alberto-Culver Profit Soars on One-Time Gain Alberto-Culver ( ACV) just reported a huge gain in its fourth-quarter profit as it recorded a one-time gain of $110.7 million for the sale of its Cederroth consumer products business to a private-equity firm. The maker of hair care and other consumer products saw its revenue rise 7.3% to $386 million. The company also just completed the acquisition of the Noxzema skin care company. The company believes its lower-priced hair products may be positioned well for the consumer spending slowdown. We have avoided shares of ACV since our early June coverage began, when shares were trading at $26.80. The company has a low dividend yield of 1.20%, based on Friday's closing stock price of $21.67. The company is trading at nearly 18 times 2009 estimates, so we think the shares are more than fairly priced. We would look for a better entry point, if we were to consider adding the shares to our "Recommended" list. Alberto-Culver is not recommended at this time, holding a Dividend.com Rating of 3.3 out of 5 stars.