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Stock Market & Financial Investment News

News Breaks
December 20, 2012
07:48 EDTLO, RAI, MOSmoking among U.S. teenagers declines, WSJ reports
Teenagers in the U.S. are smoking cigarettes less as usage declined to historic lows, according to an annual report funded by the National Institute on Drug Abuse and conducted by the University of Michigan, reports the Wall Street Journal. The study found that the number of teenagers who reported smoking cigarettes in the prior 30 days fell to 10.6% this year from 11.7% in 2011, the lowest level recorded since the survey began in 1975. Reference Link
News For MO;RAI;LO 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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