GO
Loading...

Tobacco

More

  • Imperial Shares Slip on Altadis Takeover Delay Tuesday, 30 Oct 2007 | 7:37 AM ET

    Imperial Tobacco, which is looking to take over rival Altadis, met forecasts with a 12 percent rise in annul earnings on Tuesday, but a delay until January in completing the Altadis deal hit its shares.

  • Loews Profit Slips as Legal Costs Offset Gains Monday, 29 Oct 2007 | 8:57 AM ET
    A Lowe's shopper returns to his car Monday, Nov. 14, 2005, in San Bruno, Calif. (AP Photo/Ben Margot)

    Loews said on Monday third-quarter profit fell 12.5 percent, as the cost of a legal settlement at its CNA Financial offset improved results in tobacco and drilling operations.

  • Bid target Altadis posted in-line first-half net profit of 247 million euros ($335.8 million) on Thursday, but predicted the second half could be sapped by the effect of dollar weakness on income.

  • Altria Seen Nearing Tobacco Spinoff Monday, 27 Aug 2007 | 3:32 PM ET

    Altria Group is widely expected to announce plans for the spinoff of its Philip Morris International unit this week, but some analysts see limited gains for a stock that already looks more expensive than its peers.

  • A Smokin' Good Dividend Friday, 17 Aug 2007 | 10:22 AM ET

    Reynolds American may make a filthy product, but there's reason to own the stock.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • British American Tobacco beat forecasts with a 9% rise in first-half earnings on Thursday, but said profits growth would slow in the second half due to excise tax rises and increased investment.

  • Disney-Branded Films to Ban Smoking Depictions Wednesday, 25 Jul 2007 | 12:29 PM ET

    Walt Disney on Wednesday became the first major Hollywood studio to ban depictions of smoking, saying there would be no smoking in its family-oriented, Disney-branded films and it would "discourage" it in films distributed by its Touchstone and Miramax labels.

  • Altria Profit Falls on Charge, Kraft Spinoff Wednesday, 18 Jul 2007 | 10:20 AM ET
    Altria's company offices in New York.

    Altria Group posted lower quarterly profit Wednesday, due in part to costs for closing a U.S. cigarette plant and moving some production to Europe as it attempts to cut costs and reduce excess capacity.

  • England Smoking Ban Takes Effect Monday, 2 Jul 2007 | 2:15 AM ET

    Smoking was banned from Sunday in all public buildings in England, including pubs, movie theaters, shopping malls -- and even Buckingham Palace.

  • Smoking Ban a Plus and Problem for English Firms Friday, 29 Jun 2007 | 4:27 AM ET

    With a ban on smoking in all enclosed public spaces coming into force in England on Sunday, analysts predict nightclubs, casinos and bingo firms will be hardest hit while restaurants will be the biggest beneficiaries.

  • Imperial Tobacco, CVC Mull Bids For Altadis Thursday, 28 Jun 2007 | 11:12 AM ET

    Altadis Chief Executive Antonio Vazquez said Thursday that prospective bidders for the tobacco company have finished their due diligence.

  • Reynolds Shares Up Ahead of Star Patent Ruling Tuesday, 26 Jun 2007 | 3:10 PM ET

    Shares of Reynolds American were up more than 3 percent Tuesday ahead of a ruling in a patent infringement case filed against the maker of Camel and Salem cigarettes.

  • Movie Smoke-Out Debate: Hysteria vs. Health Friday, 11 May 2007 | 2:21 PM ET

    The Motion Picture Association of America announced Thursday that movies that “glamorize” smoking could soon be slapped with an “R” rating. Is the MPAA caving in to special-interest pressure -- and will the push for a Hollywood smoke-out curb smoking? Marc Dann, Ohio state attorney general, and Gary Nolan, spokesman for The Smokers Club, debated the issue on “Morning Call.”

  • Altadis Posts 6% Increase in First-Quarter Net Profit Thursday, 10 May 2007 | 4:53 AM ET

    European tobacco company Altadis said Thursday first-quarter net profit rose more than 6%, recovering after a damaging price war a year earlier.

  • CVC And PAI Make $17.42 Billion Bid for Altadis Friday, 4 May 2007 | 7:40 AM ET

    Altadis said on Friday private equity groups CVC and PAI have made a 12.8 billion euro ($17.42 billion) offer for the Franco-Spanish tobacco group, trumping an offer by Britain's Imperial Tobacco.

  • Imperial Tobacco First-Half Earnings Rise 13% Tuesday, 1 May 2007 | 3:11 AM ET

    Imperial Tobacco made no mention of its attempted takeover of Spanish rival Altadis alongside interim results, which revealed a 13% rise in first-half earnings, largely in-line with expectations. The world's fourth-largest cigarette group added that it anticipates the full-year outcome meeting expectations.

  • Loewssaid first-quarter profit rose 42%, topping Wall Street forecasts, helped by better-than-expected results from its insurance, tobacco and oil drilling units.

  • Private Equity CVC Prepares Bid for Altadis: Source Thursday, 12 Apr 2007 | 9:28 AM ET

    Private equity group CVC Capital Partners is preparing a counterbid for Franco-Spanish tobacco firm Altadis, a source close to the deal told Reuters on Thursday.

  • Kraft Foods Chief Executive Irene Rosenfeld said Monday she expects the nation's largest food company to show strong growth in the future.

  • Altria Sets Ratio For Kraft Spinoff Tuesday, 20 Mar 2007 | 11:25 AM ET

    Altria Group said its shareholders will receive 0.692024 of a Kraft Foods share for each Altria share held as of the close of business on March 16 as it completes its spinoff of the largest North American food maker.