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Stock Market & Financial Investment News

News Breaks
July 15, 2014
09:52 EDTRAIReynolds American falls after announcing Lorillard acquisition, levels to watch
The stock is down over 3.6% at time of writing to $60.89 following news of the deal to acquire Lorillard (LO). At current price next support is at $60.16. Resistance is at $61.56.
News For RAI From The Last 14 Days
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December 15, 2014
06:27 EDTRAILorillard, 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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