to be here to stay. The story of the week has been Lorillard ( LO -1.7% ) which is reportedly a target of Reynolds American ( RAI -2.8% ), but other linkups are expected. The rapid emergence of e-cigarettes will play a factor in the
A merger between Lorillard ( LO +2% ) and Reynolds American ( RAI +1.4% ) would face serious regulatory hurdles , notes Jefferies. The deal would give the combined company close to 41% of
activity after a report that Reynolds American ( RAI +5% ) will make a bid for the ..... some inside sources indicate Reynolds might peel off some of the assets ..... acquisition of Lorillard would allow Reynolds to make a stronger move into
Shares of Lorillard ( LO +4.2% ) are higher on chatter that Reynolds American ( RAI +1.6% ) is prepping to make a bid for the company. Reynolds has bankers with Lazard working on putting together an offer, according to a FT Alphaville report . 1 comment!
Lorillard rose more than 9% today, and Reynolds American stock ticked up almost 5% following media reports that Reynolds has hired investment bankers to explore ..... and our $42 fair value estimate for Reynolds . During 2013, Reynolds captured roughly
believe that CVS' action will have a materially negative impact on the domestic tobacco companies (Altria, Reynolds American RAI , and Lorillard LO). Thus, we are maintaining our fair value estimates. Drugstores account for approximately
are a nice 30% or higher. No wonder that Big Tobacco’s stocks are doing well. Over the past five years, Reynolds American ( RAI ) saw its shares more than triple. Altria ( MO ) and Lorillard ( LO ) doubled. Still, the anti-smoking cause
severely limits Reynolds ' opportunities ..... cigarettes. Reynolds American holds the ..... We believe Reynolds American 's management ..... president of R . J . Reynolds Tobacco ..... America. Reynolds American controls ..... subsidiary, Santa Fe Natural Tobacco , manufactures
Although Reynolds American ’s 2013 results were bolstered by ..... products. Given that the pricing power in Reynolds ’ key brands (Camel, Pall Mall ..... estimate steady. We also note that Reynolds increased its quarterly dividend by 6.3% to ..... should hold steady or slightly grow. RAI ’s other tobacco brands, Grizzly
Reynolds American , Inc. ( RAI ): Q4 EPS of $0.77 misses by $0.04 . Revenue of $2.04B (-1.9% Y/Y) misses by $30M . Press Release Post your comment!