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Comparing The Reynolds & Lorillard Merger With Comcast & Time Warner
Thursday, July 17, 2014 - 1:48pm | 665Reynolds American (NYSE: REI) has agreed to buy rival Lorillard (NYSE: LO) for $27.4 billion. Comcast (NASDAQ: CMCSA) has proposed spending $45 billion to acquire Time Warner Cable (NYSE: TWC). Shareholders and regulators on both cases would have to approve the mergers, and in...
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#PreMarket Primer: Friday, July 11: European Banks May Not Be Out Of The Woods Yet
Friday, July 11, 2014 - 7:28am | 1236Worries over Portuguese Lender Banco Espirito Santo dragged markets down on Thursday after the bank delayed payments on some of its short-term debt securities. The news took Portugal’s stock market down 4.2 percent and dragged the rest of the world’s markets down with it. Asian...
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Philip Morris To Enter The Electronic Cigarette Business
Thursday, November 21, 2013 - 3:52pm | 436Philip Morris (NYSE: PM), the world's second largest cigarette seller, announced on Wednesday the company plans to enter the electronic cigarette market in 2014. Electronic cigarettes, or e-cigs, are battery-powered devices that create vapor that users inhale. The cigarettes are intended to...
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Six Tobacco Stocks Near 52-Week Highs
Thursday, June 2, 2011 - 3:37pm | 793Investors looking for a defensive play, and who don't have an issue with so-called sin stocks, might be considering tobacco stocks about now. By and large, tobacco stocks continue to perform strongly, despite years of lawsuits, taxation and general disdain from the public. And some of them have the...