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Lorillard Inc

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  • CNBC's David Faber speaks to Susan Cameron, Reynolds American president & CEO, about the acquisition of Lorillard in a transaction valued at about $27.4 billion. Cameron says the deal gives them the most balanced and well diversified brand portfolio in the sector.

  • Reynolds to acquire Lorillard     Tuesday, 15 Jul 2014 | 9:06 AM ET

    Reynolds American confirmed it has agreed to acquire Lorillard in a transaction valued at $27.4 billion. CNBC's David Faber and Jim Cramer discuss the big tobacco deal. Cramer says he wants to own Reynolds.

  • *JPMorgan, Goldman up in premarket after earnings. NEW YORK, July 15- U.S. stocks were poised for a slightly higher open on Tuesday after earnings from JPMorgan and Goldman Sachs and ahead of testimony from U.S.

  • Early movers: JPM, GS, JNJ, LO, TWX, TWTR & more Tuesday, 15 Jul 2014 | 8:09 AM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Some of the names on the move ahead of the open.

  • July 15- Reynolds American Inc said it would buy rival Lorillard Inc for about $25 billion, merging two of the world's biggest cigarette makers amid a slowdown in sales. Reynolds, whose brands include Camel and Pall Mall, offered $68.88 per Lorillard share, representing a premium of 2.5 percent to Lorillard's Monday closing.

  • LONDON, July 15- Imperial Tobacco Group plans to buy U.S. cigarette brands including Winston and Kool for $7.1 billion as part of Reynolds American's $27.4 billion purchase of Lorillard.

  • *JPMorgan, Goldman up in premarket after earnings. *Yahoo, Intel results due after the close. NEW YORK, July 15- U.S. stock index futures were little changed on Tuesday after earnings from JPMorgan and Goldman Sachs, and ahead of testimony from U.S.

  • Reynolds to acquire rival Lorillard, ditch Kool Tuesday, 15 Jul 2014 | 7:34 AM ET

    Reynolds American on Tuesday announced plans to acquire Lorillard in a deal the company valued at $27.4 billion.

  • Reynolds American to buy Lorillard in $27.4 bln deal Tuesday, 15 Jul 2014 | 7:17 AM ET

    July 15- Camel cigarettes maker Reynolds American Inc said it would buy rival Lorillard Inc in a cash-and-stock deal valued at $27.4 billion, including net debt. Reynolds offered $68.88 per Lorillard share, representing a premium of 2.5 percent to Lorillard's Monday closing.

  • WASHINGTON, July 14- U.S. cigarette maker Reynolds American Inc, in talks to buy rival Lorillard Inc, may have a hard time convincing regulators to approve the deal because of their big shares in the traditional cigarette and fast-growing electronic cigarette markets.

  • NEW YORK, July 14- Smoking-related lawsuits against U.S. tobacco giants are leveling off, making it more likely that a merger between rivals Reynolds American Inc and Lorillard Inc will go through, analysts who follow the industry said.

  • Acquisition talks show Reynolds' taste for menthol Saturday, 12 Jul 2014 | 7:00 AM ET

    NEW YORK, July 12- The enduring popularity of menthol may be a big motivator behind Reynolds American Inc's interest in buying smaller rival Lorillard Inc, which has the best-selling U.S. cigarette brand with the additive.

  • Cramer’s smokin’ new stock pick Friday, 11 Jul 2014 | 6:18 PM ET

    Jim Cramer is a good stock picker but these picks are nothing short of smokin’.

  • Stocks close higher ahead of major earnings week Friday, 11 Jul 2014 | 4:22 PM ET
    Trader on the floor of the New York Stock Exchange.

    U.S. stocks climbed on Friday, but closed lower for the week, as investors weighed Wells Fargo results and readied for a slew earnings ahead.

  • BUSINESS-NEWS-SCHEDULE AT 1830 GMT / 2.30 PM ET Friday, 11 Jul 2014 | 2:39 PM ET

    BRUSSELS/ MOSCOW- The European Union seeks to reassure Russia that a free-trade pact with Ukraine is not aimed at hurting Moscow, but rejects calls to postpone implementation, offering more talks instead.

  • *Wells Fargo falls, more banks' earnings due next week. Shares of Wells Fargo& Co., down 0.5 percent at $51.54, were in the spotlight as the biggest U.S. mortgage lender was the first major U.S. bank to report earnings. Wells Fargo's results will be followed next week by earnings from Citigroup, Goldman Sachs, JPMorgan Chase and Bank of America.

  • *Reynolds, Lorillard marriage seen making $500 mln savings. LONDON, July 11- U.S. cigarette maker Reynolds American Inc is in talks to acquire rival Lorillard Inc in a multi-billion dollar deal that would reshape one of the world's biggest and most profitable tobacco markets, the companies said on Friday.

  • Europe markets close flat; Portugal shares rise Friday, 11 Jul 2014 | 11:36 AM ET

    European shares ended the day flat, as traders shrugged off some concerns about the condition of Portugal's banking sector.

  • *Wells Fargo falls, but revenue tops forecasts. Wells Fargo& Co reported revenue that beat expectations, though for the first time since 2009, the bank did not increase its earnings-per-share from the preceding quarter. Fastenal Co slumped 4.6 percent to $45.92 after revenue missed expectations.

  • Lorillard & Reynolds confirm merger talks     Friday, 11 Jul 2014 | 9:05 AM ET

    Tobacco companies Reynolds American and Lorillard have confirmed they're in merger talks. CNBC's David Faber takes a close look at the negotiations.