Lorillard (LO) shares continue to gain after FTC approval of its $27.4 billion takeover deal by Reynolds American (RAI).
Stocks extend gains by mid-afternoon Wednesday.
Reynolds American Inc. (RAI) and Lorillard Inc. (LO) were granted approval late Tuesday by the Federal Trade Commission to complete the previously announced $27.4 billion merger.
Shares of Lorillard (LO) are climbing after FTC cleared tobacco company Reynolds American (RAI) to buy Lorillard for $27.4 billion.
Stocks back off session highs as a selloff among luxury goods companies undercuts the S&P 500's positive run.
Cigarette-makers Reynolds and Lorillard will sell their Winston, Kool, Salem and Maverick brands to Imperial Tobacco to assuage the FTC's antitrust concerns about their pending merger.
Trade-Ideas LLC identified Lorillard (LO) as a new lifetime high candidate
Stock futures are seeing a small bounce on Wednesday morning.
U.S. stock futures are tentatively rising as investors digest a big cable-TV deal and debate when the Federal Reserve will raise interest rates.
European stocks were back in positive territory on Wednesday, recovering from a three-day decline amid stronger than expected German consumer confidence.
European stocks were back in positive territory on Wednesday, recovering from a three-day decline amid stronger-than-expected German consumer confidence and as deal momentum boosted individual stocks, including Imperial Tobacco.
Trade-Ideas LLC identified Lorillard (LO) as a new lifetime high candidate
Altria, Reynolds America, and Lorillard are trying to get a piece of the electronic cigarette pie as usage explodes among teenagers.
Lorillard (LO) shares are rising following a report that the FTC is set to approve its $37 billion merger with Reynolds American.
Is this the best cigarette stock to invest in now? The company's shares surged over 8% today on very favorable news.
TheStreet highlights 3 stocks pushing the consumer goods sector higher today.
Trade-Ideas LLC identified Lorillard (LO) as a pre-market leader candidate
TheStreet highlights 3 stocks pushing the consumer goods sector higher today.
Trade-Ideas LLC identified Lorillard (LO) as a pre-market mover with heavy volume candidate
Lorillard (LO) stock is down in pre-market trading as the FTC is looking to block its planned merger with Reynolds American (RAI).
Trade-Ideas LLC identified Lorillard (LO) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate
TheStreet Ratings team reiterated 3 stocks with a buy rating on Thursday
Lorillard (LO) announced a 7% increase in its quarterly dividend today to 66 cents per share.
Trade-Ideas LLC identified Lorillard (LO) as an unusual social activity candidate
This cigarette company has a lower price-to-earnings ratio than its peers despite a 4.7% dividend yield and 7.5% expected earnings-per-share growth rate.
For income-seeking investors, it's a tricky time. But Warren Buffett, George Soros and other billionaires are playing the dividend game right – and not just in energy and utilities.
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Trade-Ideas LLC identified Lorillard (LO) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate
