After a sharp stock selloff Thursday and erasing the previous day's rally, it's time to get defensive, say CNBC's "Fast Money" traders.» Read More
NEW YORK, May 21- Reynolds American Inc is in active discussions to buy Lorillard Inc in a complicated, three-way transaction that could see British American Tobacco PLC take a major role to back a potential merger, according to people familiar with the matter.
Lorillard is among the companies making headlines after the bell Wednesday: Lorillard, NetApp, Rexnord & more.
Stocks rose on Wednesday, as investors cheered the latest release from the Fed.
Reynolds is in talks to buy Lorillard in a three-way transaction that could see British American Tobacco take a major role to back a potential merger.
According to Reuters, Reynolds American is in advanced discussions to buy Lorillard, reports CNBC's Dominic Chu.
I started throwing up, "said one 16- year-old worker, who worked pulling tops off of tobacco plants to help increase yields, according to Human Rights Watch, which interviewed 141 youths aged 7 to 17 working on tobacco farms in Kentucky, North Carolina, Tennessee and Virginia.
The flurry of activity occurred at 3:49 p.m. EDT, with most of the affected stocks listed on the New York Stock Exchange, owned by IntercontinentalExchange Group Inc. The volatility caused moves of close to 5 percent in certain stocks, such as Nabors Industries Ltd..
The flurry of activity occurred at 3:49 p.m. EDT, with most of the affected stocks listed on the New York Stock Exchange, owned by IntercontinentalExchange Group Inc. The volatility caused moves of up to about 5 percent in certain stocks, such as Nabors Industries Ltd..
Check out which companies are making headlines after the bell Tuesday: Arotech, Fossil, Masco & more
The electronic cigarette industry reacted positively to proposed FDA regulations which could bring further legitimacy to the nicotine vapor devices.
Some of Thursday's midday movers:
The "Fast Money" traders share their final trades of the day.
Some of the names on the move ahead of the open.
A merger between Reynolds American and Lorillard would have benefits in their domestic market. It could also kick off more deals overseas.
Companies are making headlines after the bell Monday.
RJ Reynolds is exploring a bid for rival cigarette-maker Lorillard, shaking up the global tobacco market at a time when it is being reshaped.
Check out which companies are making headlines after the bell Thursday:
Some of Wednesday's midday movers:
Tobacco companies that split apart to protect investors from litigation may consider reuniting, especially BAT and Reynolds American.
Companies and industries that rely on low-income spenders could see a boost to the bottom line thanks to rising wages in many American states.