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Dirty Greek (Free subscription) | yesterday
Talk about vertical integration! Take your money to get you hooked, then take your money to get you unhooked! A decision to buy -- rather than research and develop -- its way into nicotine-replacement products has led Reynolds American Inc. to purchase a Swedish company. Reynolds said yesterday that it will pay $44 million for Niconovum AB, which specializes in products that help people quit smoking....
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BloggingStocks (Free subscription) | yesterday
Filed under: Analyst reports , Analyst upgrades and downgrades , Analyst initiations , Visa Inc. (V) Analyst Upgrades Citigroup upgraded Reynolds American ( RAI ) to buy from hold to reflect its improved outlook for the company's market share and pricing. Citi also sees a greater chance of British American Tobacco ( BTI ) bidding for the rest of Reynolds American it doesn't already own. The firm raised...
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The Open Piehole (Free subscription) | 12/03/2009
Reynolds American today confirmed news that will leave many scratching their heads: The country’s no. 2 tobacco company and the maker of Camel cigarettes will buy a Swedish maker of products designed to help smokers quit. Reynolds American said it will pay $44 million for Niconovum, which makes nicotine gum and other nicotine replacement products designed [...]
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The Business Insider (Free subscription) | 12/02/2009
You have to give it to Reynolds American: the company knows how to hedge. ----------------- AP: Cigarette maker Reynolds American says it is buying a Swedish company whose nicotine gum, pouches and spray help people stop smoking. The maker of Camel cigarettes and Grizzly smokeless tobacco says Niconovum AB's products could meet consumer demand and public health objectives for reducing the harm caused...
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ABC News (Free subscription) | 12/02/2009
Reynolds American spent more than $760,000 in third quarter to lobby federal government Reynolds American - Tobacco - United States - Health - Advocacy
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PR News Wire (Free subscription) | 11/24/2009
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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