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Stock Market & Financial Investment News

News Breaks
May 12, 2014
09:36 EDTRAI, LO, BTILorillard, Reynolds eyed by British American Tobacco, Times says
British American Tobacco (BTI) has hired Deutsche Bank (DB) to work with long-time advisor UBS (UBS) as the company pursues opportunities in America, including possible deals with Reynolds American (RAI) and Lorillard (LO), said The Times of London, citing banking sources. Reference Link
News For LO;RAI;BTI From The Last 14 Days
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December 15, 2014
06:27 EDTLO, RAILorillard, Reynolds investors to vote on merger on January 28, WSJ reports
Reynolds American (RAI) and Lorillard (LO) shareholders will vote on the proposed $25B merger on January 28, The Wall Street Journal reports. The FTC is continuing its antitrust review on the deal, and a ruling is expected in 1H15. Reference Link
December 8, 2014
08:25 EDTRAIReynolds American CFO change not related to negative event, says RBC Capital
After Reynolds' CFO retired, RBC Capital says that the CFO's retirement appears to have been planned ahead of time and does not indicate any problems at the company. The firm keeps a Top Pick rating on the shares.

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