Key Developments: Reynolds American Inc (RAI)

RAI on New York Consolidated

75.91USD
27 Apr 2015
Change (% chg)

$-0.35 (-0.46%)
Prev Close
$76.26
Open
$76.59
Day's High
$76.59
Day's Low
$75.78
Volume
201,145
Avg. Vol
2,796,817
52-wk High
$77.62
52-wk Low
$55.20

Search Stocks

Latest Key Developments (Source: Significant Developments)

Reynolds American Inc reaffirms FY 2015 EPS guidance
Friday, 17 Apr 2015 07:00am EDT 

Reynolds American Inc:Reaffirms FY 2015 EPS guidance.FY 2015 EPS of $3.80 - Thomson Reuters I/B/E/S.  Full Article

Reynolds American Inc's R.J. Reynolds Tobacco Co, Lorillard Inc and Altria Group Inc to settle smoking lawsuits for $100 mln - Reuters
Wednesday, 25 Feb 2015 12:35pm EST 

Reynolds American Inc:Three U.S. tobacco companies - R.J. Reynolds Tobacco Co, Lorillard Inc and Altria Group's Philip Morris USA - will pay $100 mln to settle hundreds of federal lawsuits over smoking, according to an announcement from plaintiffs' lawyers - Reuters.The agreement will cover more than 400 lawsuits filed in federal court in Florida by smokers or their families, according to court filings.Philip Morris and R.J. Reynolds will each pay $42.5 mln and Lorillard will pay $15 mln.It is the first agreement reached by the three companies to resolve a chunk of so-called Engle cases, named after a class action brought by Florida residents over injuries or deaths they said were caused by tobacco-related medical conditions.  Full Article

Reynolds American Inc gives FY 2015 EPS guidance in line with analysts' estimates
Tuesday, 10 Feb 2015 07:01am EST 

Reynolds American Inc:Expects FY 2015 adjusted EPS in the range of $3.65 to $3.80.FY 2015 EPS of $3.71 - Thomson Reuters I/B/E/S.  Full Article

Reynolds American Inc. declares quarterly cash dividend
Wednesday, 4 Feb 2015 07:00pm EST 

Reynolds American Inc:Declares a quarterly cash dividend on the company‚Äôs common stock of $0.67 per share.Dividend will be payable on April 1, to shareholders of record on March 10.  Full Article

Reynolds American Inc announces upcoming CFO transition plan; board declares dividend
Thursday, 4 Dec 2014 04:32pm EST 

Reynolds American Inc:Says upcoming CFO transition plan.Gilchrist to be promoted, Adams to retire.RAI board declares dividend.  Full Article

Reynolds American Inc reaffirms FY 2014 guidance
Tuesday, 21 Oct 2014 07:03am EDT 

Reynolds American Inc:Reaffirmed FY 2014 guidance.FY 2014 EPS of $3.38 - Thomson Reuters I/B/E/S.  Full Article

Reynolds American Inc raises low end of prior FY 2014 EPS guidance to a range in line with analysts' estimates - Conference call
Tuesday, 29 Jul 2014 09:00am EDT 

Reynolds American Inc:Says that it has tightened its FY 2014 earnings per share (EPS) guidance to range of $3.35 to $3.45 versus its prior guidance of $3.30 to $3.45.FY 2014 EPS of $3.37 - Thomson Reuters I/B/E/S.  Full Article

Reynolds American Inc to acquire Lorillard in transaction valued at $27.4 bln and reaches agreement with Imperial
Tuesday, 15 Jul 2014 07:00am EDT 

Reynolds American Inc and Lorillard, Inc:RAI has agreed to acquire Lorillard in a cash-and-stock transaction currently valued at $68.88 per Lorillard share, or a total of $27.4 bln, including the assumption of net debt.Lorillard shareholders will receive, for each Lorillard share, $50.50 in cash and 0.2909 of a share in RAI stock at closing.RAI also reached an agreement with Imperial, under which Imperial has agreed to purchase the KOOL, Salem, Winston, Maverick and blu eCigs brands and other assets and liabilities for a total consideration of $7.1 bln in cash.RAI expects to receive net cash proceeds of about $4.4 bln after taxes.As part of the divestiture, Imperial will acquire certain assets owned by Lorillard including its manufacturing and R&D facilities in Greensboro, N.C., and about 2,900 employees, including a national sales force.Lazard is lead financial advisor to RAI and J.P. Morgan Securities LLC is financial advisor.RAI's legal advisor is Jones Day.Lorillard's financial advisors are Centerview Partners and Barclays and its legal advisor is Simpson Thacher & Bartlett.  Full Article

Reynolds American Inc reaffirms FY 2014 EPS outlook - Conference Call
Wednesday, 23 Apr 2014 09:00am EDT 

Reynolds American Inc:Reaffirms FY 2014 adjusted EPS guidance in the range of $3.30 to $3.45.FY 2014 EPS of $3.37 - Thomson Reuters I/B/E/S.  Full Article

Reynolds American Inc elects Susan Cameron as President and CEO
Wednesday, 16 Apr 2014 04:57pm EDT 

Reynolds American Inc:Susan Cameron elected President and CEO of Reynolds American Inc.Daniel Delen to retire.  Full Article

U.S. court allows EU money-laundering case vs. RJ Reynolds

- A sharply divided U.S. appeals court on Monday cleared the way for the European Union to pursue its lawsuit accusing R.J. Reynolds of running a global money-laundering scheme that involved drug and cigarette smuggling.

Search Stocks