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Stock Market & Financial Investment News

News Breaks
July 28, 2014
07:13 EDTRAIReynolds American upgraded at RBC Capital
As noted earlier, RBC Capital upgraded Reynolds American (RAI) to Top Pick from Outperform. The firm expects the company's merger with Lorillard (LO) to be approved in its current form by the end of 1Q15, and it thinks the companies' synergies guidance of $800N is conservative. Moreover, the firm expects Reynolds to generate significant free cash flow, along with higher EPS growth, over the long-term following the deal. Target $72.
News For RAI From The Last 14 Days
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February 11, 2016
07:11 EDTRAIReynolds American reports Q4 Domestic cigarette volumes up 33.6%
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07:10 EDTRAIReynolds American sees FY16 adjusted EPS $2.25-$2.35, consensus $2.34
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07:08 EDTRAIReynolds American raises quarterly dividend by 16.7%
The company announced board approval for a 16.7% increase in the quarterly cash dividend, to an annualized $1.68 per share, in line with RAI's target dividend payout ratio of 75%. The quarterly dividend will be payable on April 1, 2016, to shareholders of record on March 10, 2016.
07:07 EDTRAIReynolds American reports Q4 adjusted EPS 48c, consensus 50c
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February 10, 2016
14:32 EDTRAINotable companies reporting before tomorrow's open
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