A decision by a Florida jury to impose damages of $23.6 billion against RJ Reynolds is likely to be rejected or reduced on appeal, experts say.» Read More
*Best Buy rebounds from early declines after results. NEW YORK, May 22- U.S. stocks were set to open little changed on Thursday, in the wake of data showing initial jobless claims rose in the latest week but were still near pre-recession levels, and ahead of data on the housing market.
*Best Buy falls in premarket after results. NEW YORK, May 22- U.S. stock index futures were little changed on Thursday, ahead of data on the labor and housing markets, after the S&P 500 advanced for a third time in four sessions. Dow Jones industrial average e-mini futures gained 8 points and Nasdaq 100 e-mini futures added 2.75 points.
Nik Modi, RBC Capital Markets, discusses the outlook on the tobacco industry and e-cigarettes.
*SABMiller, Raiffeisen rally after results. Shares in SABMiller rose 3.7 percent after the company behind Peroni beer reported a 1 percent rise in full-year earnings, which traders said was better than the market was expecting.
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:
WASHINGTON, April 24- The U.S. Food and Drug Administration proposed rules on Thursday that would ban the sale of e-cigarettes to anyone under 18, but would not restrict flavored products, online sales or advertising, which public health advocates say attract children.
LONG BEACH, Calif., April 23- You've been on offense with your global stock portfolio for five years, running up the score in sectors like consumer discretionary and technology stocks that have outperformed the broad market. Jamie Doyle, co-manager of the Causeway Global Value Fund, is not ready to make a wholesale switch into defensive plays.
Between March 2013 and March 2014, more than 50 complaints about e-cigarettes were filed with the U.S. Food and Drug Administration, according to data obtained through a public records request.
The "Fast Money" traders share their final trades of the day.
NEW YORK, March 25- A smokers' rights group filed a legal challenge on Tuesday to New York City's ban on electronic cigarettes in restaurants, parks and many other public places. The group has asked the state Supreme Court to void the law. The City Council said it believed the court would uphold the law.