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
Makers of electronic cigarettes are enjoying a booming market as they keep an eye on the Food and Drug Administration, which is expected to release proposed regulations this fall.
The "Fast Money" traders share their final trades of the day.
Murray Kessler, Lorillard CEO, talks about FDA approval of its new non-menthol cigarette product as the company makes a big bet on e-cigarettes.
Blu eCigs founder Jason Healy discusses the regulation of e-cigarettes as medicine in the U.K. starting in 2016.
Altria Group, formerly Phillip Morris USA, plans to release an e-cigarette, showing the company's dedication to maintaining market share in an age of declining tobacco sales.
Reynolds American is launching its Vuse electronic cigarettes in Colorado, with an eye toward quick national expansion. Company executives say the product will alter the landscape.
Apple briefly got some of its shine back, after it delivered a package of capital programs that shareholders have been clamoring for.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
Aggregate dividends per share for S&P 500 companies grew nearly 16 percent year-over-year at the end of last year, and the number of companies paying a dividend over the trailing month period hit a new, 13-year high, according to Factset.
Goldman Sachs strategists have issued a big warning to clients hiding out in bond funds: You're about to lose your shirt.
Take a look at some of Tuesday's midday movers:
NEW YORK-- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:. Corning Inc., down $1.26 at $12.15. Lorillard Inc., down $4.08 at $111.70.
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Like other tobacco companies, Reynolds American Inc., the second-biggest U.S. cigarette maker, has ventured into smokeless tobacco and other nicotine products as tax increases, health concerns, smoking bans and stigma cut into demand for cigarettes. In 2009, Reynolds bought Swedish company Niconovum AB, which makes nicotine gum, pouches and spray products.
RICHMOND, Va.-- The U.S. government is asking a federal appeals court to rehear a challenge to a Food and Drug Administration requirement that tobacco companies to put large graphic health warnings on cigarette packages to show that smoking can disfigure and even kill people.
*Credit Agricole starts Lorillard Inc with buy rating; price target of. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
Check out which companies are making headlines after the bell Tuesday:
Take a look at some of Wednesday's midday movers:
Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
With interest rates so low, the story of 2011 was the hunt for yield. As a result, a tremendous amount of money flowed into tobacco stocks. But 2012 is a different story — at least with U.S.-based brands.