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Stock Market & Financial Investment News

News Breaks
March 4, 2014
07:46 EDTRAI, LOLorillard unlikely to be bought by Reynolds soon, says Stifel
After media outlets reported that Reynolds (RAI) is in talks about acquiring Lorillard (LO), Stifel believes that regulatory roadblocks related to menthol will keep Reynolds from pursing an acquisition of Lorillard in the near-term. The firm does not believe that Lorillard is worth more than $60-$62 per share, and it keeps a Hold rating on the stock.
News For RAI;LO 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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November 10, 2014
09:30 EDTRAI, RAIReynolds American upgraded to Outperform from Underperform at CLSA
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