Some of the names on the move ahead of the open.» Read More
Jan 28- Camel cigarettes maker Reynolds American Inc's shareholders approved its $25 billion acquisition of Newport menthol cigarette maker Lorillard Inc, a deal that would combine the No.2 and No.3 U.S. cigarette companies. A combination of Reynolds and Lorillard would create an entity that would control about 40 percent of the U.S. cigarettes market.
Jan 28- Camel cigarettes maker Reynolds American Inc's shareholders approved its $25 billion acquisition of smaller rival Lorillard Inc.. The proposed deal, which was announced last July, has attracted intense antitrust scrutiny as it seeks to combine the No.2 and No.3 U.S. cigarette makers. About 451 million of Reynolds' outstanding shares were voted in...
*Wide variety of e-cigs a problem for researchers. *Tobacco firms join e-cig companies in sponsoring research. LONDON, Jan 22- From Apple Pie to Bubbly Bubble Gum, Irish Car Bomb or Martian bar- from Mars!
SEATTLE, Jan 21- Washington state could become the only U.S. state to raise its legal age for smoking tobacco to 21 from 18 under a measure proposed on Wednesday by its top law enforcement official. Cigarette smoking is the leading cause of preventable death in the United States, accounting for more than 480,000 deaths annually, or one of every five deaths overall,...
While precise figures are not available, the American Red Cross and its U.S. affiliates have received at least $12 million from tobacco companies such as Altria Group, Reynolds American and Philip Morris International since 2001, according to Red Cross tax records and tobacco company press releases and annual reports. An American Red Cross spokeswoman,...
Nov 24- Canadian buyout firm Onex Corp said it would buy Swiss packaging group SIG Combibloc Group AG for up to 3.57 billion euros. The deal is expected to close in the first quarter of 2015, subject to regulatory approvals, Onex said. Reuters reported earlier this month that Onex, Canada's largest listed private equity firm, was leading the bidding for SIG...
Deals worth $100 billion on Monday put the Street on pace for a year rivaling the dot-com bubble era and the private equity surge just before the financial crisis.
LONDON, Nov 4- Imperial Tobacco Group said it would raise its dividend by at least 10 percent in the next year, signalling confidence that cost cuts will help it to cope with weak consumer spending and higher taxes that weighed on its annual profit. The company also recently floated a portion of its logistics business, Logista, on the Spanish stock exchange, raising...
WASHINGTON, Oct 29- Cigarette maker Reynolds American's proposal to buy smaller rival Lorillard Inc presents antitrust regulators with a conundrum: Their mandate is to prevent higher prices because of mergers, but U.S. public policy aims to make cigarettes more expensive to discourage smoking. Reynolds, the No. 2 U.S. cigarette maker, said in July it would buy No. 3...
Some of the names on the move ahead of the open.
A Dallas hospital lab worker in isolation on a cruse after possible exposure to Ebola has tested negative for the disease.
U.S. officials have asked three advanced biology laboratories to submit plans for producing the experimental Ebola drug ZMapp.
President and chief commercial officer, R.J. Reynolds Tobacco
All three U.S. laboratories established to fight major public health threats say they are standing by to scale up a treatment for Ebola.
The M&A wave could be a harbinger of a booming economy...or a collection of last-minute attempts to beat higher debt rates. NYT reports.
Companies across industry groups—from food to technology to health care—are raising costs for the consumer.
Susan Cameron is confident regulators will allow the tobacco giant to acquire Lorillard for $24.7 billion.
Some of Tuesday's midday movers:
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Stocks declined Monday as global disapproval of Russia increased after the downing of a passenger plane in Ukraine.