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PR News Wire (Free subscription) | 12 hours ago
MEMPHIS, Tenn., Nov. 24 /PRNewswire-FirstCall/ -- Conwood Company, LLC, is changing its name to American Snuff Company, LLC, effective Jan. 1, 2010. Conwood, the nation's second largest manufacturer of smokeless tobacco products, is an operating company of Reynolds American Inc. (NYSE: RAI).
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Market Watch (Free subscription) | 11/20/2009
NEW YORK (MarketWatch) -- J.P. Morgan Global Equity Research on Wednesday upgraded shares of Reynolds American to neutral from underweight and raised the stock's price target to $57 a share from $47 a share. Analysts said they were impressed with Reynolds' third quarter results. They also cited Pall Mall's volume momentum and enhanced cigarette profitability. J.P. Morgan also upped its 2010 price...
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AFL-CIO Weblog (Free subscription) | 11/12/2009
Students at the University of Florida (UF) and the University of Central Florida (UCF) spent last Saturday morning raising their voices for justice for tobacco workers. Chanting ”Justice now!” and holding signs that read “Hasta la Victoria” (”Onward to Victory”), dozens of students marched and rallied on UF’s Gainesville campus. The students joined members...
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Sox First (Free subscription) | 11/11/2009
Big tobacco has hit upon a brilliant strategy with reports that Reynolds American Inc, maker of Camel cigarettes, is planning to buy a company that's stopping people from smoking.The manufacturer of cancer sticks is apparently in talks to buy Swedish maker of nicotine gum Niconovum AB. Now what could that mean'On its website, Niconovum says its products are designed to give people better control of...
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Fool.com (Free subscription) | 11/10/2009
Reynolds American may purchase a quit-smoking company.
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The Street (Free subscription) | 11/09/2009
Reynolds American is in talks to buy a firm that makes products to help people quit smoking, according to reports.
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San Fransisco Chronicle (Free subscription) | 11/09/2009
A newspaper is reporting Reynolds American Inc., maker of Camel cigarettes, is in talks to buy a Swedish company that helps people quit smoking. The Wall Street Journal says the second-largest U.S. tobacco company is eyeing Niconovum AB, which sells such... Reynolds American - Cigarette - Tobacco industry - Tobacco - Wall Street Journal
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ABC News (Free subscription) | 11/09/2009
Report: Reynolds American in talks to buy Swedish maker of smoking-cessation products
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SeekingAlpha.com (Free subscription) | 11/09/2009
Eddy Elfenbein submits: Tobacco companies are hated by the public but the stocks are very tempting financially. Over the weekend, Barron’s looked at Altria ( MO ): At around 18.50, Altria has one of the lowest price/earnings ratios in the global cigarette industry. It also has one of the highest dividend yields: 7.3%. The stock trades for 10.6 times projected 2009 profits of $1.77 a share and...
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DealBook (Free subscription) | 11/09/2009
Reynolds American, the tobacco company, is in talks to buy Niconovum, a Swedish maker of nicotine gum and mouth sprays, Bloomberg News reported.
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MarketIntelligenceCenter.com (Free subscription) | 11/03/2009
Reynolds American (NYSE: RAI) closed yesterday at $48.38. So far the stock has hit a 52-week low of $31.55 and 52-week high of $50.00. Reynolds American stock has been showing support around 47.76 and resistance in the 48.96 range. Technical indicators for the stock are Bullish and S&P gives RAI a positive 4 STAR (out of 5) buy rating. RAI appears on the Investors Observer Hedged Dividend Income...
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PR News Wire (Free subscription) | 11/02/2009
WINSTON-SALEM, N.C., Nov. 2,/PRNewswire-FirstCall/ -- Reynolds American Inc. (NYSE: RAI) will webcast presentations the company will make to the investment community on Monday, Nov. 16, 2009, beginning at 9:00 a.m. Eastern Time.