Reynolds American Inc


  • Reynolds to acquire rival Lorillard, ditch Kool Tuesday, 15 Jul 2014 | 7:34 AM ET

    Reynolds American on Tuesday announced plans to acquire Lorillard in a deal the company valued at $27.4 billion.

  • Reynolds American to buy Lorillard in $27.4 bln deal Tuesday, 15 Jul 2014 | 7:17 AM ET

    July 15- Camel cigarettes maker Reynolds American Inc said it would buy rival Lorillard Inc in a cash-and-stock deal valued at $27.4 billion, including net debt. Reynolds offered $68.88 per Lorillard share, representing a premium of 2.5 percent to Lorillard's Monday closing.

  • WASHINGTON, July 14- U.S. cigarette maker Reynolds American Inc, in talks to buy rival Lorillard Inc, may have a hard time convincing regulators to approve the deal because of their big shares in the traditional cigarette and fast-growing electronic cigarette markets.

  • NEW YORK, July 14- Smoking-related lawsuits against U.S. tobacco giants are leveling off, making it more likely that a merger between rivals Reynolds American Inc and Lorillard Inc will go through, analysts who follow the industry said.

  • Acquisition talks show Reynolds' taste for menthol Saturday, 12 Jul 2014 | 7:00 AM ET

    NEW YORK, July 12- The enduring popularity of menthol may be a big motivator behind Reynolds American Inc's interest in buying smaller rival Lorillard Inc, which has the best-selling U.S. cigarette brand with the additive.

  • Cramer’s smokin’ new stock pick Friday, 11 Jul 2014 | 6:18 PM ET

    Jim Cramer is a good stock picker but these picks are nothing short of smokin’.

  • Stocks close higher ahead of major earnings week Friday, 11 Jul 2014 | 4:22 PM ET
    Trader on the floor of the New York Stock Exchange.

    U.S. stocks climbed on Friday, but closed lower for the week, as investors weighed Wells Fargo results and readied for a slew earnings ahead.

  • BUSINESS-NEWS-SCHEDULE AT 1830 GMT / 2.30 PM ET Friday, 11 Jul 2014 | 2:39 PM ET

    BRUSSELS/ MOSCOW- The European Union seeks to reassure Russia that a free-trade pact with Ukraine is not aimed at hurting Moscow, but rejects calls to postpone implementation, offering more talks instead.

  • *Wells Fargo falls, more banks' earnings due next week. Shares of Wells Fargo& Co., down 0.5 percent at $51.54, were in the spotlight as the biggest U.S. mortgage lender was the first major U.S. bank to report earnings. Wells Fargo's results will be followed next week by earnings from Citigroup, Goldman Sachs, JPMorgan Chase and Bank of America.

  • *Reynolds, Lorillard marriage seen making $500 mln savings. LONDON, July 11- U.S. cigarette maker Reynolds American Inc is in talks to acquire rival Lorillard Inc in a multi-billion dollar deal that would reshape one of the world's biggest and most profitable tobacco markets, the companies said on Friday.

  • Europe markets close flat; Portugal shares rise Friday, 11 Jul 2014 | 11:36 AM ET

    European shares ended the day flat, as traders shrugged off some concerns about the condition of Portugal's banking sector.

  • *Wells Fargo falls, but revenue tops forecasts. Wells Fargo& Co reported revenue that beat expectations, though for the first time since 2009, the bank did not increase its earnings-per-share from the preceding quarter. Fastenal Co slumped 4.6 percent to $45.92 after revenue missed expectations.

  • UPDATE 3-Reynolds, Lorillard confirm takeover talks Friday, 11 Jul 2014 | 8:32 AM ET

    *Lorillard market value is $22.9 bln. LONDON, July 11- U.S. cigarette maker Reynolds American Inc is in talks to acquire rival Lorillard Inc in a multi-billion dollar deal that would include the sale of some brands to Britain's Imperial Tobacco Group Plc, the companies said on Friday.

  • Early movers: LO, RAI, PG, AMZN, FAST, GPS & more Friday, 11 Jul 2014 | 7:35 AM ET
    Traders work the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • *Reynolds, Lorillard not available to comment. LONDON, July 11- U.S cigarette makers Reynolds American Inc and Lorillard Inc are in talks on a possible multi-billion dollar disposal to Britain's Imperial Tobacco Group Plc, as part of efforts to ease antitrust concerns over their planned merger.

  • Reynolds, Lorillard to reshape Big Tobacco Friday, 11 Jul 2014 | 3:55 AM ET

    Reynolds American and Lorillard are agreeing a complex merger that will reshape Big Tobacco, bringing together the two biggest US operators.

  • Dow finishes above 17,000 on strong payrolls report Thursday, 3 Jul 2014 | 2:03 PM ET

    Stocks rose on Thursday, lifting the Dow industrials above 17,000, after the June jobs report.

  • Lorillard and Reynolds American near merger Thursday, 3 Jul 2014 | 1:06 PM ET
    Newport cigarettes, made by Lorillard Inc.

    Sources told CNBC that a Lorillard and Reynolds American merger is weeks away, although the companies have not fully negotiated terms.

  • Midday movers: Lorillard, PetSmart, Walgreen & More Thursday, 3 Jul 2014 | 11:58 AM ET

    Some of Thursday's midday movers:

  • July 3- Tobacco majors Lorillard Inc and Reynolds American Inc are likely to merge as early as end of July, CNBC reported, citing sources.