Tobacco news continually updated from thousands of sources around the net.
35 min ago | Bloomberg
Reynolds American Inc. , the producer of Camel cigarettes, is closing in on a purchase of Lorillard Inc. and may announce a deal as soon as next week with the blessing of British American Tobacco Plc, people with knowledge of the matter said.
Trending on the Topix Network
4 hrs ago | WBOC-TV Salisbury
The judge in former Virginia Gov. Bob McDonnell's corruption case says he will rule quickly on whether to allow limited testimony by a proposed expert defense witness.
4 hrs ago | AmericanBankingNews.com
A number of other firms have also recently commented on BATS. Analysts at Nomura reiterated a "buy" rating on shares of British American Tobacco plc in a research note on Thursday.
5 hrs ago | AmericanBankingNews.com
A number of other firms have also recently commented on CG. Analysts at Scotiabank downgraded shares of Centerra Gold from an "outperform" rating to a "sector perform" rating in a research note on Tuesday.
10 hrs ago | Business Wire
Philip Morris International Inc. will host a live audio webcast at www.pmi.com/webcasts on Thursday, July 17, 2014 at 9:00 a.m. ET to discuss 2014 second-quarter results, which will be issued at approximately 7:00 a.m. ET the same day.
14 hrs ago | Hispanic Business
The Exchange Notes will have substantially the same terms as the Original Notes, except for the elimination of certain transfer restrictions.
Such a move would likely disrupt a potential merger of Reynolds and Lorillard Inc. and Southwest Airlines Co.
PM's ability to return capital to shareholders will be restrained over the next two years, as additional funds are used to create reduced risk products.
U.S. markets are higher in early afternoon trading, as traders applaud a strong start to earnings season and await the latest Federal Open Market Committee meeting minutes.
While these are just rumors as of now, the possibility of these two industry titans pursuing a partnership represents a shot across the bow at tobacco leader Altria Group ( Lorillard and Reynolds joining forces would involve the second- and third-largest U.S. tobacco companies coming together to better combat the industry heavyweight Altria.
Smoke signals rising from Temple Place, the London headquarters of British American Tobacco, suggested that the tobacco giant is on the verge of a mega deal.
Looking at the universe of stocks we cover at Dividend Channel , on 7/10/14, Universal Corp. , Sovran Self Storage, Inc. , and EMCOR Group, Inc. will all trade ex-dividend for their respective upcoming dividends.
Philip Morris revealed that its earnings for 2014 would come in at around $4.87 to $4.97 per share, below the previous forecast of $5.09 to $5.19 .
Updated: Thu Jul 10, 2014 06:44 pm
Copyright © 2014 Topix LLC