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Reynolds American Inc

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  • Big tobacco's $23B award unlikely to stand: Experts Monday, 21 Jul 2014 | 6:59 AM ET

    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.

  • NEW YORK, July 20- A decision by a Florida jury to impose punitive damages of $23.6 billion against RJ Reynolds Tobacco Company on Friday is likely to be rejected on appeal or the award reduced substantially, lawyers with expertise in jury awards said on Sunday.

  • NEW YORK, July 20- A decision by a Florida jury to impose punitive damages of $23.6 billion against RJ Reynolds Tobacco Company on Friday is likely to be rejected on appeal or the award reduced substantially, lawyers with expertise in jury awards said on Sunday. A Florida state court jury decided the award in a case brought by Cynthia Robinson of Pensacola.

  • ORLANDO, Fla., July 19- A Florida jury has awarded the widow of a chain smoker who died of lung cancer 18 years ago record punitive damages of more than $23 billion in her lawsuit against the R.J. Reynolds Tobacco Company, the nation's second-biggest cigarette maker.

  • ORLANDO, Fla., July 19- A Florida jury has awarded the widow of a chain smoker who died of lung cancer punitive damages of more than $23 billion in her lawsuit against the R.J. Reynolds Tobacco Company, the nation's second-biggest cigarette maker.

  • Value of worldwide M&A hits $2 trillion this year Friday, 18 Jul 2014 | 7:15 AM ET

    Worldwide merger and acquisition activity has reached $2 trillion so far this year, up 75 percent from last year, according to Thomson Reuters data.

  • One such deal came on Tuesday, when Camel cigarettes maker Reynolds American said it would buy rival Lorillard for $26.8 billion. As part of the takeover, Britain's Imperial Tobacco Group bought a number of brands and assets from both companies for $7.1 billion. Imperial adviser Goldman Sachs ranked top in the M&A league tables, ahead of Morgan Stanley and Citi.

  • Why stock market bears may need summer hibernation Thursday, 17 Jul 2014 | 11:09 AM ET
    Traders on the floor of the New York Stock Exchange.

    The bear case for stocks is easy, but it's the bull case that may win out this summer, analysts say.

  • What the Reynolds deal says about e-cig leader blu Tuesday, 15 Jul 2014 | 5:28 PM ET
    A woman smoking a 'Blu' e-cigarette

    A huge merger between tobacco giants Reynolds American and Lorillard will see electronic cigarette leader blu go to another company.

  • NEW YORK/ LONDON, July 15- When Imperial Tobacco Group Plc agreed Tuesday to buy a group of brands from Reynolds American Inc and Lorillard Inc as part of their merger, the British company insisted the assets include Lorillard's blu e-cigarette unit.

  • July 15- Reynolds American Inc's proposed $25 billion acquisition of smaller rival Lorillard Inc shows how the tobacco company is placing its bets on the market for menthols even as a growing number of smokers opt for e-cigarettes.

  • Stocks mixed, with Nasdaq hit by valuation worry Tuesday, 15 Jul 2014 | 4:46 PM ET
    Trader on the floor of the New York Stock Exchange.

    Stocks fell Tuesday after Federal Reserve Chair Janet Yellen said the central bank could hike rates sooner than expected.

  • July 15- Reynolds American Inc's proposed $25 billion acquisition of smaller rival Lorillard Inc shows how the tobacco company is placing its bets on the market for menthols even as a growing number of smokers opt for e-cigarettes.

  • The real winner in the Lorillard takeover: BAT Tuesday, 15 Jul 2014 | 2:42 PM ET

    Reynolds American's purchase of Lorillard has plenty of benefits for the rival U.S. firms, but the real winner is British American Tobacco.

  • NEW YORK/ LONDON, July 15- Reynolds American Inc had no choice but to sell Lorillard Inc's top-selling blu electronic cigarettes brand after Britain's Imperial Tobacco Group Plc insisted it be part of a wider portfolio of assets it is buying, a source familiar with the transaction said.

  • *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.