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Stock Market & Financial Investment News

News Breaks
July 19, 2014
19:44 EDTRAI R.J. Reynolds hit with $23.6B in damages in lung cancer case, WSJ says
A Florida jury hit R.J. Reynolds with $23.6B in punitive damages in a lawsuit filed by the widow of a longtime smoker who passed away in 1996, says the Wall Street Journal. Reference Link
News For RAI From The Last 14 Days
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April 17, 2015
12:20 EDTRAILorillard to pay $1.133B in April under State Settlement Agreements
In April, the company paid, or will pay, $1.133B under the State Settlement Agreements, primarily based on 2014 volume. Included in the payment is $93M deposited in an interest-bearing escrow account in accordance with procedures established in the MSA pending resolution of a claim by the company and the other Original Participating Manufacturers that they are entitled to reduce their MSA payments based on a loss of market share to non-participating manufacturers. The previously-announced combination with Reynolds American (RAI) remains subject to regulatory approval and the additional customary closing conditions contained in the merger agreement. Although no assurance can be given if and when the transaction will be completed because it remains subject to regulatory approval and additional customary closing conditions, the transaction is expected to close in the first half of 2015.
09:14 EDTRAIOn The Fly: Pre-market Movers
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07:13 EDTRAIReynolds American confident Lorillard, Imperial deals will close by mid-2015
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07:10 EDTRAIReynolds American backs FY15 adjusted EPS view $3.65-$3.80, consensus $3.79
Guidance excludes any impact from the proposed transactions.
07:09 EDTRAIReynolds American reports Q1 adjusted EPS 86c, consensus 80c
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06:36 EDTRAITeenagers' use of e-cigarettes tripled last year, NY Times says
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April 16, 2015
15:23 EDTRAINotable companies reporting before tomorrow's open
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April 15, 2015
08:01 EDTRAIU.S. traditional cigarette Q1 outlook strong, says Wells Fargo
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April 14, 2015
12:36 EDTRAITobacco companies file suit against FDA over labeling guidance, Reuters says
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12:19 EDTRAITobacco companies file suit against FDA over labeling guidance, Reuters says
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