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Stock Market & Financial Investment News

News Breaks
May 22, 2014
07:42 EDTRAI, BTI, LOChance of Lorillard being bought by Reynolds has reached 90%, says Wells Fargo
After news reports stated that Reynolds American (RAI) is in talks to buy Lorillard (LO), Wells Fargo thinks there is a 90% chance of the deal getting done. The firm continues to believe that the deal will create value for the shareholders of both companies. Wells continues to anticipate that Reynolds will outperform, and that British American Tobacco (BTI) could either buy Reynolds or form a strategic partnership with it following its acquisition of Lorillard. Wells keeps Outperform ratings on both Reynolds and Lorillard.
News For LO;RAI;BTI From The Last 14 Days
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February 26, 2015
08:23 EDTRAI, LOLorillard appoints CFO David Taylor as Chief Executive of ITG Brands
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06:23 EDTBTIBAT plans to sue U.K.'s government if 'plain packaging' approved, WSJ reports
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February 25, 2015
09:39 EDTRAI, LOR.J. Reynolds, other makers reach favorable resolution of Engle progeny cases
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09:31 EDTLOLorillard agrees to resolve federal Engle progency cases
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February 24, 2015
10:12 EDTLOOptions with increasing implied volatility: LO ARIA OWW
February 23, 2015
11:55 EDTBTIBAT may buy out Brazilian minority stake for $3B, Bloomberg reports
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10:45 EDTLOOptions with increasing implied volatility
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February 20, 2015
10:49 EDTLOOptions with increasing implied volatility: LO TLM
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February 19, 2015
14:16 EDTLOLorillard increases dividend 7% to 66c
Lorillard announced that its board approved a 7% increase in the quarterly dividend on its common stock to 66c from 61.5c per share. The dividend is payable on March 10 to stockholders of record as of March 2.
February 17, 2015
07:15 EDTRAIConsumer Analyst Group of New York (CAGNY) to hold a conference
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