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Stock Market & Financial Investment News

News Breaks
February 26, 2013
07:36 EDTLO, LOLorillard downgraded to Underperform from Buy at CLSA
CLSA downgraded Lorillard citing expectations for a more stringent FDA following the appointment of Mitch Zeller as the head of the FDA's Center for Tobacco Products. The analyst now sees the chance of a menthol ban at 10%-20% vs. 0% previously. Price target lowered to $42 from $49.
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March 23, 2015
15:53 EDTLOCapitol Forum: FTC timing agreement for Lorillard deal extended, Bloomberg says
Capitol Forum reported earlier, citing a person familiar with the matter, that the FTC timing agreement for the review of Reynolds American's (RAI) proposed acquisition of Lorillard (LO) has been extended by one week to March 31.
March 15, 2015
15:59 EDTLOFTC increases scrutiny on Reynolds-Lorillard deal, WSJ says
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March 12, 2015
06:28 EDTLOBritish parliament bans branded cigarette packaging, Sky News says
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