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Stock Market & Financial Investment News

News Breaks
June 11, 2014
07:51 EDTRAI, BTI, LOReynolds American upgraded at BofA/Merrill
As previously reported, BofA/Merrill upgraded Reynolds American (RAI) to Buy from Neutral and increased its price target to $65 from $63. The firm upgraded shares due to favorable industry pricing trends, recent management changes and notes a potential accretive merger with Lorillard (LO) or further collaboration with British American Tobacco (BTI).
News For RAI;LO;BTI 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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06:36 EDTBTIBritish American Tobacco fined $1.03M by U.K. government, WSJ reports
British American Tobacco has been fined $1.03M by the U.K. government for oversupplying cigarettes in Belgium, sources tell the Wall Street Journal. The fine, levied by HM Revenue & Customs, marks the first incident in which a major tobacco company has been penalized for "oversupply of products to high-risk overseas markets" in the U.K. Reference Link
November 10, 2014
09:30 EDTRAI, RAIReynolds American upgraded to Outperform from Underperform at CLSA
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