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Stock Market & Financial Investment News

News Breaks
May 29, 2014
15:01 EDTRAI, LOChances 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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November 20, 2014
07:15 EDTRAIWells Fargo to hold a conference
2nd Annual E-Cig Conference is being held in New York on November 20.
November 18, 2014
06:30 EDTRAIReynolds American to launch new cigarette that only heats tobacco, WSJ reports
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November 14, 2014
17:13 EDTLOAppaloosa gives quarterly update on stakes
NEW STAKES: NXP Semiconductors (NXPI), Lorillard (LO), Alibaba (BABA), and Shire (SHPG). INCREASED STAKES: Whirlpool (WHR), Priceline (PCLN), Delta (DAL), CBS (CBS), and General Motors (GM). DECREASED STAKES: American Airlines (AAL), Disney (DIS), Apple (AAPL), MGM Resorts (MGM), and Eastman Chemical (EMN). LIQUIDATED STAKES: Expedia (EXPE), AIG (AIG), Prudential (PRU), Celanese (CE), and ASML Holding (ASML).
November 13, 2014
11:35 EDTRAIReynolds American to host investor day
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