Reynolds' $27.4B Lorillard Buy Fails to Cheer Investors - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 16, 5:55PM CDT
Share prices of Reynolds American Inc. (RAI) and Lorillard Inc. (LO) plummeted on July 15 after Reynolds officially announced that it has entered into an agreement to take over rival Lorillard.
Reynolds American and Lorillard Strike a Big Tobacco Deal
Mark Reeth and Sean O'Reilly, The Motley Fool - Motley Fool - Wed Jul 16, 5:00PM CDT
The No. 2 and 3 U.S. cigarette companies, Reynolds American and Lorillard (NYSE: LO) , announced a $27.4 billion merger on July 15. While the new business, which will keep the Reynolds American name, will still trail tobacco giant Altria by...
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Lorillard Inc. and Its Board of Directors In Connection With the Sale of the Company to Reynolds American Inc. -- LO
PR Newswire - Wed Jul 16, 1:24PM CDT
Levi & Korsinsky is investigating the Board of Directors of Lorillard Inc. ("Lorillard" or "the Company"
Ryan & Maniskas, LLP Announces Investigation of Lorillard, Inc.
PR Newswire - Wed Jul 16, 9:43AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Lorillard, Inc. ("Lorillard" or the "Company"
Critical Alerts For First Solar, Lorillard, VMware, CH Robinson, and SouFun Released By InvestorsObserver
PR Newswire - Wed Jul 16, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for FSLR, LO, VMW, CHRW, and SFUN.
Reynolds American and Lorillard Are Stronger Together
Andrés Cardenal, The Motley Fool - Motley Fool - Wed Jul 16, 8:12AM CDT
The recently announced acquisition of Lorillard by Reynolds American is a major game changer in the U.S tobacco market, and it represents a serious competitive threat for market leader Altria . Although a stronger competitive position and...
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"
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"
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"
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"
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.