News Summary (RMBS, RAI, DG)

Shares of Rambus Inc RMBS gained about 5% after the company lifted its Q4 revenue projections from range of $40 million and $50 million to $85 million and $93 million. RMBS CEO Harold Hughes said, "The Elpida agreement is estimated to result in royalty payments of $180 million to Rambus over the next five years, including $47 million to be paid in the current quarter." Shares of Reynolds American Inc RAI gained about 1.42% after the company's board declared an increase to its dividend policy. RAI announced its plans to raise its target payout from 75% to 80% of current-year net income. Shares of Retailer Dollar General Corp DG dropped about 7.42% despite of raising its earning guidance for the year and posting a 69% y/y rise in FQ3 earnings. DG posted its earnings at $0.37 per share on revenue of $3.22 billion. Excluding one-time items, the company's earnings were $0.39 per share. Analysts expected profit of $0.35 per share on revenue of $3.23 billion. Read more from Benzinga's Markets.