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Lorillard Inc. (NYSE:LO) and Reynolds American, Inc. (NYSE:RAI) May Get the Nod for Merger

Lorillard Inc. (NYSE:LO) gained 0.4% in early morning trading on reports that the Federal Trade Commission will approve Reynolds American, Inc.’s (NYSE:RAI) bid for the company. The deal, if approved, will merge the second and third largest cigarette manufacturers in America. The deal will also merge the two most popular brands among young smokers, Camel […]

Lorillard Inc. (NYSE:LO) Units Files Injunction To Protect BLU ECIGS Trademarks

Boston, MA 09/04/2014 (wallstreetpr) – Cigarette and electronic cigarette manufacturer Lorillard Inc. (NYSE:LO) disclosed that two of its subsidiaries have dragged Zippo to the London High Court to protect their BLU ECIGS trademarks. Files Injunction Lorillard Technologies, Inc. and Cygnet UK Trading Limited, two subsidiaries of Lorillard Inc. (NYSE:LO), have filed for an injunction apart from […]

Lorillard Inc. (NYSE:LO) Updates On Continental Europe Plans

Boston, MA 06/04/2014 (wallstreetpr) – Lorillard Inc. (NYSE:LO) is already a formidable force in the U.S. electronic cigarette market. The company controls more than 40 percent of the U.S. e-cigarette market share. And now it has big plans for continental Europe. The company intends to enter France, Germany and Netherlands with its electronic cigarette brand […]

Why Altria Group Inc (NYSE:MO) May Disappoint Lorillard Inc. (NYSE:LO) Sooner Than Later

Boston, MA 06/04/2014 (wallstreetpr) – Although Altria Group Inc (NYSE:MO) is ranked among the largest tobacco companies in the U.S., where it controls more than 50 percent of the market share in cigarette and smokeless tobacco products. However, the company has had little to saw in the electronic cigarette category, at least until recently. As […]

Most Mentioned Stocks: Altria Group Inc (NYSE:MO), Health Care REIT, Inc. (NYSE:HCN), Pharmacyclics, Inc. (NASDAQ:PCYC)

Boston, MA 06/03/2014 (wallstreetpr) – Altria Group Inc (NYSE:MO) will pay a quarterly dividend of $0.48 per share on July 10, to shareholders who will have acquired its share by June 16. The newly declared quarterly dividend represents 4.73 percent on annualized basis.  The company has kept a good fight in the cigarette industry, and […]

Lorillard Inc. (NYSE:LO)-Reynolds American, Inc. (RAI) Deal To Leave Altria (NYSE:MO) In The Cold

Boston, MA 05/29/2014 (wallstreetpr) – Lorillard Inc. (NYSE:LO) and Reynolds American, Inc. (NYSE:RAI) are reportedly drifting towards a deal in their merger talks. The combination of the two giant cigarette companies may spell doom for Altria Group Inc (NYSE:MO) that enjoys the biggest control of the cigarette industry in the U.S.  According to a recent […]

Investor Alert: British American Tobacco PLC (ADR) (NYSEMKT:BTI), Union Pacific Corporation (NYSE:UNP), Health Net, Inc. (NYSE:HNT)

Boston, MA 05/20/2014 (wallstreetpr) – The London-based cigarette maker British American Tobacco PLC (ADR) (NYSEMKT:BTI) repurchased 218,100 of its ordinary stock shares yesterday, May 19, at an average price of 3,530p each to hold in its treasury. The stock repurchase development comes at a time when the company is soaked in speculations over a possible […]

Potential Targets Downplay Talks With British American Tobacco PLC (ADR) (NYSEMKT:BTI)

Boston, MA 05/19/2014 (wallstreetpr) – The $112 billion market capped cigarette manufacturer, British American Tobacco PLC (ADR) (NYSEMKT:BTI), is rumored to be circling two U.S. peers for a possible tie-up deal sooner or later. The company already holds a significant equity position in the U.S. No. 2 cigarette manufacturer Reynolds American, Inc. (NYSE:RAI). However, the company […]

Lorillard Inc. (NYSE:LO) Speculations Of Reynolds-Lorillard Merger In Market

Boston, MA 05/06/2014 (wallstreetpr) – Lorillard Inc. (NYSE:LO) is the third largest manufacturer of cigarettes in the U.S. Newport; its flagship premium cigarette brand is the top selling menthol and second largest selling cigarette in the country. A few days back the company had announced its first quarter results and showed a GAAP diluted earnings per […]

After Profit Decline Is Lorillard Inc. (NYSE:LO) Going To Reynolds American, Inc. (NYSE:RAI)?

Boston, MA 05/01/2014 (wallstreetpr) – Lorillard Inc. (NYSE:LO) is the third largest cigarette maker in the U.S. The company recently reported a significant drop in profit. Though the decline in profit was to send shares of the company down the drain as is often the case, the opposite is happening. Shares of the tobacco company can […]

Stocks Making Headlines Today: Citigroup Inc (NYSE:C), Vale SA (ADR) (NYSE:VALE), Lorillard Inc. (NYSE:LO)

Boston, MA 03/04/2014 (wallstreetpr) – Citigroup Inc (NYSE:C) has revealed that U.S. authorities are probing its compliance with the Bank Secrecy Act and its money laundering controls. This disclosure came in the bank’s regulatory filing and it comes just a few days after the bank announced that it was a victim of about $400 million […]

Ventrus Biosciences Inc (NASDAQ:VTUS) And Lorillard Inc. (NYSE:LO) But Generex Biotechnology Corporation (OTCMKTS:GNBT) Shows Promise

Boston, MA 02/13/2014 (wallstreetpr) – Ventrus Biosciences Inc (NASDAQ:VTUS)’s treatment for anal fissures did not give better results than a placebo. The news saw the stock of the company losing more than 63% of its value in a day. The first phase 3 trial had shown better results but in the pivotal second phase 3 […]

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