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Stock Market & Financial Investment News

News Breaks
May 29, 2014
15:01 EDTLO, RAIChances for Lorillard, Reynolds deal remain high, says Wells Fargo
Wells Fargo said earlier that it continues to believe that a Lorillard (LO) merger with Reynolds American (RAI) remains very likely. The firm said that during meetings with Lorillard management CEO Murray Kessler wouldn't say much about speculation of a potential deal, but also did not deny the stories and acknowledged that industry consolidation could "absolutely" occur. Wells has Outperform ratings on both Reynolds and Lorillard.
News For LO;RAI From The Last 14 Days
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May 22, 2015
11:59 EDTLO, RAIAppeals court ruling mixed for cigarette makers, WSJ reports
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May 21, 2015
15:44 EDTLO, RAIReynolds-Lorillard deal expected to receive FTC clearance next week, WSJ says
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15:25 EDTLO, RAILorillard, Reynolds American deal expected to be cleared by FTC, DJ reports
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May 15, 2015
16:28 EDTLOAppaloosa Management gives quarterly update on stakes
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10:34 EDTLOOptions with increasing implied volatility
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