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.» Read More
Sources told CNBC that a Lorillard and Reynolds American merger is weeks away, although the companies have not fully negotiated terms.
Some of Thursday's midday movers:
The rapid growth of electronic cigarette sales poses a rising risk to holders of as much as $96 billion of bonds tied to payments tobacco companies.
A deal between Reynolds American and Lorillard will very likely happen, Wells Fargo's Bonnie Herzog says.
Electronic cigarettes, promoted as a healthier alternative to tobacco, are getting powerful new backers: big tobacco firms. NYT reports.
E-cigarette sales at US convenience stores fell for the first time, underlining a shift to larger, cheaper devices, the FT reports.
The prototype for the Empire State Building will turn into a hotel and luxury apartments next year.
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.
The electronic cigarette industry reacted positively to proposed FDA regulations which could bring further legitimacy to the nicotine vapor devices.
A merger between Reynolds American and Lorillard would have benefits in their domestic market. It could also kick off more deals overseas.
Companies are making headlines after the bell Monday.
RJ Reynolds is exploring a bid for rival cigarette-maker Lorillard, shaking up the global tobacco market at a time when it is being reshaped.
The "Fast Money" traders share their final trades of the day.
Some of Wednesday's midday movers:
Some of the names on the move ahead of the open.
Tobacco companies that split apart to protect investors from litigation may consider reuniting, especially BAT and Reynolds American.
British American Tobacco will soon be free to build on its 42 percent stake in Reynolds American Inc. But bankers say British American could also take interest in U.K. rival Imperial Tobacco Group if it can overcome antitrust hurdles in Europe. CNBC's John Jannarone explains.
Big tobacco may be scrambling to grab a hold of the e-cigarettes market, but there's a little-known tobacco product from Europe that's also seen as having big potential.