Lorillard Inc (LO) 60.17 $LO
Goldman's Big Day and the Even Bigger Tobacco Merger
Jack Kramer and Nick Martell, The Motley Fool - Motley Fool - Tue Jul 15, 10:00PM CDT
Put on your classiest Vineyard Vines tie and shave that thing you call a beard. Tuesday was all about the quarterly earnings from America's two biggest branded banks -- and one hefty tobacco acquisition -- as the Dow Jones Industrial Average ...
Apple Gains After Hours and Lorillard Tumbles
Jeremy Bowman, The Motley Fool - Motley Fool - Tue Jul 15, 9:00PM CDT
Stocks mostly fell today as Janet Yellen said she and other Federal Reserve bankers believed that some stock valuations in certain sectors had been "stretched." In a report accompanying her congressional testimony, Yellen called out social media and...
Harwood Feffer LLP Announces Investigation of Lorillard, Inc.
PR Newswire - Tue Jul 15, 8:00PM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Lorillard, Inc. ("Lorillard" or the "Company"
(NYSE: LO) concerning the proposed acquisition of the Company by R.J. Reynolds Tobacco Company ("R.J. Reynolds".
Reynolds American No Longer Blowing Smoke: It's Buying Lorillard
Rich Duprey, The Motley Fool - Motley Fool - Tue Jul 15, 7:14PM CDT
After months of speculation and rumor-mongering, Reynolds American announced that it's finally acquiring rival Lorillard in a cash-and-stock deal worth some $27.4 billion. The news comes just days after the two tobacco giants confirmed they...
Why Lorillard, Inc., Michael Kors Holdings Ltd., and Reynolds American Inc. Are Today's 3 Worst Stoc
John Divine, The Motley Fool - Motley Fool - Tue Jul 15, 6:38PM CDT
Two out of every three stocks lost ground today, as pressure applied by Federal Reserve Chairwoman Janet Yellen's testimony before Congress today was too much to bear. Although she indicated that interest rates would remain low into the foreseeable...
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Lorillard, Inc. In Connection With The Proposed Sale Of The Company
Business Wire - Tue Jul 15, 6:10PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the board of directors of Lorillard, Inc. ("Lorillard" or the "Company" (NYSE: LO) relating to the proposed buyout of the Company by Reynolds American Inc. ("Reynolds".
LORILLARD INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Lorillard, Inc. Board of Directors in Connection With the Proposed Sale of the Company to Reynolds American Inc.
Business Wire - Tue Jul 15, 6:00PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Lorillard, Inc. ("Lorillard" or the "Company" (NYSE:LO) for potential breaches of fiduciary duties in connection with the sale of the Company to Reynolds American Inc. (NYSE:RAI) for approximately $27.4 billion. The Company's stockholders will only receive $50.50 cash and 0.2909 shares of Reynolds American common stock for each share of Lorillard common stock they own. This consideration only values Lorillard at approximately $68.88 per share.
Why Lorillard, Aaron's, and Michael Kors Tumbled Today
Dan Caplinger, The Motley Fool - Motley Fool - Tue Jul 15, 5:45PM CDT
Earnings season is in full force on Wall Street, and the impact on stocks thus far has generally been favorable. But today, even an opening round of favorable earnings wasn't enough to sustain gains throughout the day, as most major indexes posted...
LORILLARD INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Lorillard, Inc.
PR Newswire - Tue Jul 15, 5:36PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF" are investigating the proposed sale of Lorillard, Inc. ("Lorillard" or the "Company" (NYSE: LO) to Reynolds American Inc. ("Reynolds" (NYSE: RAI). Under the terms of the proposed transaction, shareholders of Lorillard will receive only $50.50 in cash and 0.2909 of a share of Reynolds stock for each share of Lorillard common stock that they own, implying a price of $68.88 per share of Lorillard based on Reynolds's closing share price on July 14, 2014. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Is It Still Worth Betting on Big Tobacco?
Marshall Hargrave, The Motley Fool - Motley Fool - Tue Jul 15, 5:30PM CDT
The potential merger of the nation's second- and third-largest tobacco companies has been the hot topic among M&A speculators. Shares of Lorillard and Reynolds American have spiked on the news. Reynolds American is the second-largest...
Business Highlights
By The Associated Press - AP - Tue Jul 15, 5:00PM CDT
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Why Lorillard Inc. Stock Got Smoked Today
Jeremy Bowman, The Motley Fool - Motley Fool - Tue Jul 15, 4:45PM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Lorillard Inc. were taking a hit today,...
JPMorgan and Lorillard are big market movers
AP - Tue Jul 15, 3:44PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
Lorillard Falls 10.49% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue Jul 15, 3:39PM CDT
Lorillard (NYSE:LO) traded in a range yesterday that spanned from a low of $59.66 to a high of $63.25. Yesterday, the shares fell 10.5%, which took the trading range below the 3-day low of $62.07 on volume of 32.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SmarTrend Watching for Potential Rebound in Shares of Lorillard After 10.49% Loss
Comtex SmarTrend(R) - Tue Jul 15, 3:38PM CDT
Lorillard (NYSE:LO) traded in a range yesterday that spanned from a low of $59.66 to a high of $63.25. Yesterday, the shares fell 10.5%, which took the trading range below the 3-day low of $62.07 on volume of 32.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Stock Market Today: Social Media, Biotech Suffer as Janet Yellen Shares Concerns on Valuation
at The Street - Tue Jul 15, 3:19PM CDT
Major indices trembled and the Nasdaq slid Tuesday following Fed Chair Janet Yellen's remarks on biotech and social media valuations.
Fitch Places Lorillard's Ratings on Negative Watch
Business Wire - Tue Jul 15, 2:21PM CDT
Fitch Ratings has placed Lorillard Inc.'s (Lorillard) 'BBB' Issuer Default Rating (IDR) on Rating Watch Negative. The rating action stems from Reynolds American Inc.'s (Reynolds) definitive agreement to acquire Lorillard for approximately $27.4 billion. The ratings apply to approximately $3.5 billion of Lorillard outstanding debt.
Reynolds American and Lorillard Merger Reshapes Tobacco Landscape
Ted Cooper, The Motley Fool - Motley Fool - Tue Jul 15, 2:15PM CDT
In a long-awaited announcement, Reynolds American finally disclosed that it would acquire Lorillard in a deal that has wide-ranging implications for the tobacco industry. Imperial Tobacco will acquire a number of brands as part of the deal,...
Tobacco firm Reynolds American to buy Lorillard
By MICHAEL FELBERBAUM - AP - Tue Jul 15, 2:13PM CDT
RICHMOND, Va. (AP) — Joe Camel is bulking up to take on the Marlboro Man.
Goldman Sachs, JPMorgan Earnings Beats Keep the Dow Afloat
Dan Carroll, The Motley Fool - Motley Fool - Tue Jul 15, 1:38PM CDT
The market has struggled to gain momentum today, and the Dow Jones Industrial Average has hovered around breakeven so far. As of 2:15 p.m. EDT, the Dow's hanging right above the breakeven mark, with its 30 member stocks split evenly between risers...
Goldman's Big Day and the Even Bigger Tobacco Merger
Jack Kramer and Nick Martell, The Motley Fool - Motley Fool - Tue Jul 15, 10:00PM CDT
Put on your classiest Vineyard Vines tie and shave that thing you call a beard. Tuesday was all about the quarterly earnings from America's two biggest branded banks -- and one hefty tobacco acquisition -- as the Dow Jones Industrial Average ...
Apple Gains After Hours and Lorillard Tumbles
Jeremy Bowman, The Motley Fool - Motley Fool - Tue Jul 15, 9:00PM CDT
Stocks mostly fell today as Janet Yellen said she and other Federal Reserve bankers believed that some stock valuations in certain sectors had been "stretched." In a report accompanying her congressional testimony, Yellen called out social media and...
Harwood Feffer LLP Announces Investigation of Lorillard, Inc.
PR Newswire - Tue Jul 15, 8:00PM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Lorillard, Inc. ("Lorillard" or the "Company"
(NYSE: LO) concerning the proposed acquisition of the Company by R.J. Reynolds Tobacco Company ("R.J. Reynolds". Reynolds American No Longer Blowing Smoke: It's Buying Lorillard
Rich Duprey, The Motley Fool - Motley Fool - Tue Jul 15, 7:14PM CDT
After months of speculation and rumor-mongering, Reynolds American announced that it's finally acquiring rival Lorillard in a cash-and-stock deal worth some $27.4 billion. The news comes just days after the two tobacco giants confirmed they...
Why Lorillard, Inc., Michael Kors Holdings Ltd., and Reynolds American Inc. Are Today's 3 Worst Stoc
John Divine, The Motley Fool - Motley Fool - Tue Jul 15, 6:38PM CDT
Two out of every three stocks lost ground today, as pressure applied by Federal Reserve Chairwoman Janet Yellen's testimony before Congress today was too much to bear. Although she indicated that interest rates would remain low into the foreseeable...
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Lorillard, Inc. In Connection With The Proposed Sale Of The Company
Business Wire - Tue Jul 15, 6:10PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the board of directors of Lorillard, Inc. ("Lorillard" or the "Company"
(NYSE: LO) relating to the proposed buyout of the Company by Reynolds American Inc. ("Reynolds". LORILLARD INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Lorillard, Inc. Board of Directors in Connection With the Proposed Sale of the Company to Reynolds American Inc.
Business Wire - Tue Jul 15, 6:00PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Lorillard, Inc. ("Lorillard" or the "Company"
(NYSE:LO) for potential breaches of fiduciary duties in connection with the sale of the Company to Reynolds American Inc. (NYSE:RAI) for approximately $27.4 billion. The Company's stockholders will only receive $50.50 cash and 0.2909 shares of Reynolds American common stock for each share of Lorillard common stock they own. This consideration only values Lorillard at approximately $68.88 per share. Why Lorillard, Aaron's, and Michael Kors Tumbled Today
Dan Caplinger, The Motley Fool - Motley Fool - Tue Jul 15, 5:45PM CDT
Earnings season is in full force on Wall Street, and the impact on stocks thus far has generally been favorable. But today, even an opening round of favorable earnings wasn't enough to sustain gains throughout the day, as most major indexes posted...
LORILLARD INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Lorillard, Inc.
PR Newswire - Tue Jul 15, 5:36PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF"
are investigating the proposed sale of Lorillard, Inc. ("Lorillard" or the "Company" (NYSE: LO) to Reynolds American Inc. ("Reynolds" (NYSE: RAI). Under the terms of the proposed transaction, shareholders of Lorillard will receive only $50.50 in cash and 0.2909 of a share of Reynolds stock for each share of Lorillard common stock that they own, implying a price of $68.88 per share of Lorillard based on Reynolds's closing share price on July 14, 2014. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. Is It Still Worth Betting on Big Tobacco?
Marshall Hargrave, The Motley Fool - Motley Fool - Tue Jul 15, 5:30PM CDT
The potential merger of the nation's second- and third-largest tobacco companies has been the hot topic among M&A speculators. Shares of Lorillard and Reynolds American have spiked on the news. Reynolds American is the second-largest...
Business Highlights
By The Associated Press - AP - Tue Jul 15, 5:00PM CDT
___
Why Lorillard Inc. Stock Got Smoked Today
Jeremy Bowman, The Motley Fool - Motley Fool - Tue Jul 15, 4:45PM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Lorillard Inc. were taking a hit today,...
JPMorgan and Lorillard are big market movers
AP - Tue Jul 15, 3:44PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
Lorillard Falls 10.49% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue Jul 15, 3:39PM CDT
Lorillard (NYSE:LO) traded in a range yesterday that spanned from a low of $59.66 to a high of $63.25. Yesterday, the shares fell 10.5%, which took the trading range below the 3-day low of $62.07 on volume of 32.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SmarTrend Watching for Potential Rebound in Shares of Lorillard After 10.49% Loss
Comtex SmarTrend(R) - Tue Jul 15, 3:38PM CDT
Lorillard (NYSE:LO) traded in a range yesterday that spanned from a low of $59.66 to a high of $63.25. Yesterday, the shares fell 10.5%, which took the trading range below the 3-day low of $62.07 on volume of 32.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Stock Market Today: Social Media, Biotech Suffer as Janet Yellen Shares Concerns on Valuation
at The Street - Tue Jul 15, 3:19PM CDT
Major indices trembled and the Nasdaq slid Tuesday following Fed Chair Janet Yellen's remarks on biotech and social media valuations.
Fitch Places Lorillard's Ratings on Negative Watch
Business Wire - Tue Jul 15, 2:21PM CDT
Fitch Ratings has placed Lorillard Inc.'s (Lorillard) 'BBB' Issuer Default Rating (IDR) on Rating Watch Negative. The rating action stems from Reynolds American Inc.'s (Reynolds) definitive agreement to acquire Lorillard for approximately $27.4 billion. The ratings apply to approximately $3.5 billion of Lorillard outstanding debt.
Reynolds American and Lorillard Merger Reshapes Tobacco Landscape
Ted Cooper, The Motley Fool - Motley Fool - Tue Jul 15, 2:15PM CDT
In a long-awaited announcement, Reynolds American finally disclosed that it would acquire Lorillard in a deal that has wide-ranging implications for the tobacco industry. Imperial Tobacco will acquire a number of brands as part of the deal,...
Tobacco firm Reynolds American to buy Lorillard
By MICHAEL FELBERBAUM - AP - Tue Jul 15, 2:13PM CDT
RICHMOND, Va. (AP) — Joe Camel is bulking up to take on the Marlboro Man.
Goldman Sachs, JPMorgan Earnings Beats Keep the Dow Afloat
Dan Carroll, The Motley Fool - Motley Fool - Tue Jul 15, 1:38PM CDT
The market has struggled to gain momentum today, and the Dow Jones Industrial Average has hovered around breakeven so far. As of 2:15 p.m. EDT, the Dow's hanging right above the breakeven mark, with its 30 member stocks split evenly between risers...
