Finance

Consumer Goods Unusual Volume: Reynolds American (NYSE:RAI), Vector Group (NYSE:VGR), Cal-Maine Foods (NASDAQ:CALM), Coca-Cola Bottling (NASDAQ:COKE)

The tobacco giant Reynolds American Inc. (NYSE:RAI) may be considering a bid for its smaller rival Lorillard, apparently to investors’ pleasure. Shares of the possible target, which specializes in menthol cigarettes, leaped more than 9 percent after The Financial Times indicated that Lorillard might attract an offer of more than $20 billion. Reynolds American, Inc. (NYSE:RAI) stock performance was 5.67% in last session and finished the day at $56.31. Traded volume was 10,810,328 million shares in the last session and the average volume of the stock remained 2.55 million shares. The beta of the stock remained 0.51. Reynolds American, Inc. (NYSE:RAI) insider ownership is 0.20%.

Vector Group (NYSE:VGR) released its earnings data on Monday. The company reported $0.36 EPS for the quarter, Stock Ratings News reports. Vector Group Ltd (NYSE:VGR) rose 3.50 percent to $20.97 yesterday on volume of 3.40 million shares. The intra-day range of the stock was $19.99 to $21.74. Vector Group Ltd (NYSE:VGR) has a market capitalization of $1.98 million.

Cal-Maine Foods, Inc. (NASDAQ:CALM) has closed the previously announced acquisition of 50 per cent of the membership interests of Delta Egg Farm, LLC from Sunbest Foods of Iowa, Inc., a Moark, LLC affiliate. Cal-Maine Foods Inc (NASDAQ:CALM)’s stock on Mar 4, 2014 reported a increase of 3.15% to the closing price of $57.22. Its fifty two weeks range is $39.66 -$61.33. The total market capitalization recorded $1.38 billion. The overall volume in the last trading session was 421,105 million shares. In its share capital, Cal-Maine Foods Inc (NASDAQ:CALM) has 24.05 million outstanding shares.

Research analysts at UBS AG initiated coverage on shares of Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) in a report released on Tuesday, AnalystRatingsNetwork.com reports. The firm set a “neutral” rating and a $40.00 price target on the stock. On Tuesday, shares of Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) advanced 5.48% to close the day at $84.34. Company return on investment (ROI) is 10.60% and its monthly performance is recorded as 23.52%. Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) quarterly revenue growth is 24.67%.