LO News 61.05 07/23/2014 05:23:10 Lorillard Inc (LO)

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Lorillard Inc (LO) 61.05 $LO

Reynolds American Gets Burned in Tobacco Lawsuit
Rich Duprey, The Motley Fool - Motley Fool - Tue Jul 22, 9:00AM CDT
Source: Wikimedia Commons. It's a good thing Imperial Tobacco Group had an indemnity clause inserted when it agreed to  buy a bunch of cigarette brands from Reynolds American and Lorillard to smooth those companies' merger. Because...


Marlboro maker Altria's 2Q profit stays flat
AP - Tue Jul 22, 8:58AM CDT
RICHMOND, Va. (AP) — Marlboro maker Altria Group posted flat second-quarter earnings Tuesday as higher prices helped to offset decline in the number of cigarettes it sold.

Judge: FDA can't use tobacco panel menthol report
By MICHAEL FELBERBAUM - AP - Mon Jul 21, 7:43PM CDT
RICHMOND, Va. (AP) — The Food and Drug Administration can't use an advisory panel's 2011 report on menthol cigarettes because its members had conflicts of interest, a federal judge ruled Monday.

Lorillard Shares Up 17.5% Since SmarTrend's Buy Recommendation (LO)
Comtex SmarTrend(R) - Mon Jul 21, 5:20PM CDT
SmarTrend identified an Uptrend for Lorillard (NYSE:LO) on March 3rd, 2014 at $51.92. In approximately 5 months, Lorillard has returned 17.50% as of today's recent price of $61.00.

Reynolds Drops On Jury Award As Merger Questioned
at Investor's Business Daily - Mon Jul 21, 5:17PM CDT
Tobacco giant Reynolds American (RAI) stumbled Monday on news that a Florida jury awarded the widow of a long-time smoker who died of lung cancer a $23.6 billion verdict. The verdict, handed down last Friday, hit most tobacco stocks. The Tobacco...

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Lorillard, Inc. in Connection with the Sale of the Company
Business Wire - Mon Jul 21, 5:15PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Lorillard, Inc. ("Lorillard" or the "Company" (NYSE: LO) relating to the proposed acquisition by Reynolds American, Inc. ("Reynolds" .

An Investor's Guide to the Reynolds American and Lorillard Merger
Rupert Hargreaves, The Motley Fool - Motley Fool - Mon Jul 21, 4:26PM CDT
The much-rumored deal between Lorillard and Reynolds American has been announced. Reynolds will buy Lorillard in a partially debt-financed transaction for around $28 billion. Of course, the deal still has to be approved by regulators, which...

Lorillard (LO) Crosses Pivot Point Support at $60.49
Comtex SmarTrend(R) - Mon Jul 21, 9:33AM CDT
Shares of Lorillard (NYSE:LO) have bearishly opened below the pivot of $61.15 today and have reached the first support level of $60.49. Analysts will be watching for a cross of the next downside pivot targets of $59.29 and $57.43.

Stock Futures Set For Weak Open; Reynolds Slides On Jury Award
at Investor's Business Daily - Mon Jul 21, 7:58AM CDT
Stock futures dragged lower at the start of the week as international conflict amped up and tobacco stocks fell after a Florida jury decision. Dow futures lagged 35 points below fair market value. Nasdaq 100 and S&P 500 futures were down a bit more...

Ahead of the Bell: Reynolds American shares slide
By The Associated Press - AP - Mon Jul 21, 7:22AM CDT
Shares of Reynolds American stumbled in premarket trading Monday in the first trading since a Florida jury awarded $23.6 billion in punitive damages against its R.J. Reynolds Tobacco Co.

Will Altria Group Resume Downward Earnings Trend?
at The Street - Mon Jul 21, 5:00AM CDT
The tobacco company's recent recovery could change direction again if it doesn't impress investors.

Here's the Real Winner of the Lorillard/Reynolds American Merger
Bob Ciura, The Motley Fool - Motley Fool - Sun Jul 20, 8:00AM CDT
After several weeks of speculation, the big tobacco merger is happening. Tobacco giant Reynolds American will buy out close rival Lorillard  for $27 billion. The deal involves the second- and third-largest tobacco companies joining forces to...

How to 'Piggyback' Nelson Peltz's Interest in Bank of New York
at The Street - Sat Jul 19, 10:00AM CDT
Options are ideal way to profit on mergers, and deals involving high-profile activist investors like Nelson Peltz and Carl Icahn.

Here's What you Need to Know About the Reynolds American-Lorillard Deal
Rupert Hargreaves, The Motley Fool - Motley Fool - Sat Jul 19, 9:00AM CDT
Reynolds American and Lorillard announced their intent to merge earlier this week, ending months of speculation by investors and analysts alike. However, it seems as if the deal has not quite gone according to plan. At the time of writing,...

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.
Business Wire - Fri Jul 18, 6:29PM CDT
Levi & Korsinsky is investigating the Board of Directors of Lorillard Inc. ("Lorillard" or "the Company" (NYSE:LO) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Reynolds American Inc.

LORILLARD SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Lorillard, Inc. (LO) Board of Directors in Connection With the Proposed Sale of the Company to Reynolds American Inc. (RAI)
Business Wire - Fri Jul 18, 5:45PM 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.

Lorillard, Inc. Board of Directors Under Investigation by Glancy Binkow & Goldberg LLP
Business Wire - Fri Jul 18, 2:43PM CDT
Glancy Binkow & Goldberg LLP is investigating potential claims against the Board of Directors of Lorillard, Inc. ("Lorillard" or the "Company" (NYSE:LO) related to the proposed merger of the Company with Reynolds American, Inc. The transaction is valued at approximately $27 billion, and under the terms of the agreement, Lorillard shareholders are to receive $50.50 in cash plus 0.2909 shares of Reynolds common stock for each share of Lorillard held, valued at approximately $68.88 per share.

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Lorillard, Inc. in Connection with the Sale of the Company - LO
PR Newswire - Fri Jul 18, 2:40PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Lorillard, Inc. ("Lorillard" or the "Company" (NYSE: LO) relating to the proposed acquisition by Reynolds American, Inc. ("Reynolds" .

Altria's Q2 Earnings Call to Address Reynolds-Lorillard Merger, E-Cig Rollout
Ted Cooper, The Motley Fool - Motley Fool - Fri Jul 18, 12:00PM CDT
Altria Group will announce its second-quarter earnings results before market open on Tuesday, July 22. The earnings release and conference call should provide updates on a handful of important matters facing the company this year. Among the issues...

E-cigarette Market in India Markt Report 2014-2018: Market Set to Grow at a CAGR of 63%
M2 - Fri Jul 18, 9:14AM CDT
Research and Markets (http://www.researchandmarkets.com/research/pn6jhq/ecigarette) has announced the addition of the "E-cigarette Market in India 2014-2018" report to their offering. The E-cigarette market in India will grow at a CAGR of 63.38 percent over the period 2013-2018. An e-cigarette is an electronic inhaler that simulates tobacco smoking. It is a battery-powered inhaler designed to provide inhaled doses of tobacco by way of vaporizing the solutions and simulating the effects of smoking by heating a nicotine liquid into vapor, which the user then inhales and exhales. An e-cigarette is also known as an e-vaping device, a personal vaporizer, or an e-nicotine delivery system. It contains a heating element that vaporizes liquid nicotine or a flavored liquid. The e-liquids used in e-cigarettes are available in different flavors such as pink bubble gum, menthol, watermelon, and peach. This report covers the present scenario and the growth prospects of the E-cigarette market in India for the period 2014-2018. To calculate the market size, the report considers revenue generated from sales of e-cigarettes and related products such as cartridges, refills, and e-liquids. The market forecast is based on the understanding that e-cigarette sales during the forecast period may not be affected by the socio-political and legal dynamics in the country. The report, the E-cigarette Market in India 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on India; it also covers the E-cigarette market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. Key Vendors - A S SMOKEFREE Electronic Cigarette India Pvt. Ltd - Jet Age Creations - Niew Focus Global Impex Pvt. Ltd - RRR Chemicals - Shenzhen Joye tech Co. Ltd - SteamLite Sales Pvt. Ltd - Steamz Agro India Pvt. Other Prominent Vendors - Altria Group Inc. - Ballantyne Brands LLC - British American Tobacco plc - CB Distributors Inc. - FIN Branding Group LLC - Gamucci Ltd - Imperial Tobacco Group plc - Logic Technology Development LLC - Lorillard Inc. - Nicotek LLC - NJOY Inc. - Reynolds American Inc. - Vapestick Group Ltd - Vapor Corp. - VMR Products LLC - Zandera Ltd. Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Product Life Cycle Analysis - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/pn6jhq/ecigarette
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