Greece has an economy the size of Massachusetts; do we really believe that this is or was an issue?
Of course not. MM were just stealing your shares; btw, I was (small dollar amounts) a buyer as the market tanked......LOL
The good news never ends for RAI as the payment date for the next dividend is 1 July.
Next BIG MOVE: Expecting that BTI will purchase the remaining interest in RAI in the near future.
Analyst Actions: British American Tobacco Started With Outperform At Credit Suisse
BY Midnight Trader
— 9:29 AM ET 06/16/2015
This rating could be correlated to the future takeout of the remaining 58% of RAI. Of course this may take several years. Just saying.......
10:17 AM EDT, 06/16/2015 (MT Newswires) -- Goldman Sachs has assigned Reynolds American ( RAI )
a conviction buy rating following the tobacco company's merger with competitor Lorillard (LO).
The firm gave Reynolds' stock a price target of $81, a premium of 11% over Monday's closing price.
I was told by Merrill Lynch that new shares of RAI received would not be entitled to dividend reinvestment on July 1. Exception ...if you held shares of RAI in that account (prior to RAI/LO merger).
Anyone else? Thanks
Yes, I was told by Ameritrade that I would receive fractional shares of RAI for compensation.
should reinvest into new LO shares. New shares of LO will quickly convert into RAI shares on Friday, a bang- bang scenario; how interesting are these transactions.
Investment houses better have good staffs to handle the accounting. I advise all to track their individual transactions carefully.