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Stock Market & Financial Investment News

News Breaks
July 11, 2014
05:54 EDTLO, ITYBY, RAI, BTIReynolds American, Lorillard close to merger agreement, FT reports
According to the Financial Times, Reynolds American (RAI) and Lorillard (LO) are close to agreeing on a merger. The companies, which would have a combined market capitalization of $56B, have agreed with British American Tobacco (BTI), which holds a 42% stake in Reynolds, on key elements of the deal, including price. The companies are currently finalizing details on which production facilities and cigarette brands would be disposed of to ease antitrust concerns. Reference Link
News For RAI;LO;BTI;ITYBY From The Last 14 Days
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February 2, 2016
10:01 EDTBTIOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: BlackBerry (BBRY) initiated with a Buy at TD Securities... British American Tobacco (BTI) initiated with a Buy at Berenberg... Cabot Oil & Gas (COG) initiated with a Buy at SunTrust... Celestica (CLS) initiated with a Hold at TD Securities... Devon Energy (DVN) initiated with an Equal Weight at Stephens... Fitbit (FIT) initiated with an Outperform at Oppenheimer... Imperial Tobacco (ITYBY) initiated with a Buy at Berenberg... Kite Pharma (KITE) initiated with an Outperform at RBC Capital... Mellanox (MLNX) initiated with a Buy at Roth Capital.
05:31 EDTBTIBritish American Tobacco initiated with a Buy at Berenberg
Price target 4285p.
05:30 EDTITYBYImperial Tobacco initiated with a Buy at Berenberg
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January 28, 2016
10:05 EDTBTI, ITYBYOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AMAG Pharmaceuticals (AMAG) initiated with an Outperform at Northland... Angie's List (ANGI) initiated with a Neutral at Roth Capital... Bio Blast Pharma (ORPN) initiated with a Buy at Rodman & Renshaw... British American Tobacco (BTI) initiated with a Buy at UBS... Imperial Tobacco (ITYBY) initiated with a Buy at UBS... Instructure (INST) initiated with an Outperform at Barrington... Nektar (NKTR) initiated with a Buy at Janney Capital... Par Pacific (PARR) initiated with an Outperform at Imperial Capital... Pure Storage (PSTG) initiated with a Buy at Maxim... comScore (SCOR) initiated with a Hold at Evercore ISI.
05:33 EDTITYBYImperial Tobacco initiated with a Buy at UBS
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05:33 EDTBTIBritish American Tobacco initiated with a Buy at UBS
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