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Lorillard Inc

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  • Lorillard beats Street 1Q forecasts Friday, 17 Apr 2015 | 1:24 PM ET

    GREENSBORO, N.C. _ Lorillard Inc. on Friday reported first-quarter earnings of $275 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share. Lorillard shares have risen 12 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 1 percent.

  • NEW YORK, April 13- A sharply divided U.S. appeals court on Monday cleared the way for the European Union to pursue its lawsuit accusing R.J. By an 8-5 vote that prompted four written dissents, the 2nd U.S. Circuit Court of Appeals in New York let stand an April 2014 ruling by a three-judge panel of the same court in favor of France, Germany, Italy and 23 other European...

  • UK's FTSE ends strong first quarter with sharp drop Tuesday, 31 Mar 2015 | 9:36 AM ET

    *FTSE 100 down 1.7 pct. The FTSE was down 115.11 points, or 1.7 percent, at 6,776.32 points at 1318 GMT but remained up 3.2 percent this year, heading for its biggest quarterly gain since the end of 2013.. Consumer staple stocks trimmed nearly 24 points off the blue-chip FTSE 100, weighed down by a 3.7 percent drop in Imperial Tobacco and a 2.8 percent fall in British...

  • Early movers: MRH, JCI, DHI, PHG, TEVA, CVC & more Tuesday, 31 Mar 2015 | 7:51 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • *FTSE 100 down 0.9 pct. Consumer staple stocks trimmed nearly 16 points off the blue-chip FTSE 100, weighed down by a 2.4 percent fall in British American Tobacco and a 2.6 percent drop in Imperial Tobacco. Imperial Tobacco hit record highs earlier this month and is up 13 percent since the deal was announced.

  • It's springtime for these 7 stocks! Monday, 23 Mar 2015 | 10:27 AM ET
    money growth

    There are seven stocks that have been perennial winners during the spring, according to a USA TODAY data analysis.

  • NEW YORK, Feb 25- Three major U.S. tobacco companies- R.J. Reynolds Tobacco Co, Lorillard Inc and Altria Group's Philip Morris USA- will pay $100 million to settle hundreds of federal lawsuits over smoking, according to an announcement from plaintiffs' lawyers on Wednesday. The agreement will cover more than 400 lawsuits filed in federal court in Florida by smokers...

  • NEW YORK, Feb 25- Three major U.S. tobacco companies including R.J. Reynolds Tobacco Co, Lorillard Inc and Altria Group's Philip Morris USA will pay $100 million to settle hundreds of federal lawsuits over smoking, according to an announcement from plaintiffs' lawyers on Wednesday. The agreement will cover more than 400 lawsuits filed in federal court in Florida...

  • LONDON, Feb 12- Imperial Tobacco Group reported a 4 percent decline in underlying tobacco volumes for its fiscal first quarter, in line with its broader markets, and stood by its outlook for the year. It blamed the timing of price increases, reduced trading in Iraq and lower sales of mass-market cigars in the United States ahead of a brand relaunch.

  • NEW YORK, Jan 29- When Marty Weinstein decided to quit smoking, he took a friend's advice and tried electronic cigarettes rather than government-approved nicotine replacement products. E-cigarette makers in the United States are barred from explicitly marketing the products as smoking cessation devices, but have found ways to appeal legally to smokers who...

  • Midday movers: Petrobras, Advent Software & more Wednesday, 28 Jan 2015 | 12:59 PM ET
    Wall Street New York Stock Exchange NYSE American Flags

    Some of Wednesday's midday movers:

  • Jan 28- Camel cigarettes maker Reynolds American Inc's shareholders approved its $25 billion acquisition of Newport menthol cigarette maker Lorillard Inc, a deal that would combine the No.2 and No.3 U.S. cigarette companies. A combination of Reynolds and Lorillard would create an entity that would control about 40 percent of the U.S. cigarettes market.

  • Reynolds American shareholders approve to buy Lorillard Wednesday, 28 Jan 2015 | 9:40 AM ET

    Jan 28- Camel cigarettes maker Reynolds American Inc's shareholders approved its $25 billion acquisition of smaller rival Lorillard Inc.. The proposed deal, which was announced last July, has attracted intense antitrust scrutiny as it seeks to combine the No.2 and No.3 U.S. cigarette makers. About 451 million of Reynolds' outstanding shares were voted in...

  • Mouth strips only on sale in Manchester and online for now. LONDON, Jan 25- Imperial Tobacco Group, the world's third largest cigarette maker, is moving into caffeine as more people kick the deadly smoking habit, launching a melt-in-your-mouth strip designed to give an energy boost in seconds. For now it is only sold in the English city of Manchester and online.

  • Imperial Tobacco launches caffeinated mouth strips Sunday, 25 Jan 2015 | 9:39 AM ET

    *Mouth strips only on sale in Manchester and online for now. LONDON, Jan 25- Imperial Tobacco Group, the world's third largest cigarette maker, is moving into caffeine as more people kick the deadly smoking habit, launching a melt-in-your-mouth strip designed to give an energy boost in seconds. For now it is only sold in the English city of Manchester and online.

  • While precise figures are not available, the American Red Cross and its U.S. affiliates have received at least $12 million from tobacco companies such as Altria Group, Reynolds American and Philip Morris International since 2001, according to Red Cross tax records and tobacco company press releases and annual reports. An American Red Cross spokeswoman,...

  • These stocks are biggest winners from oil meltdown Tuesday, 23 Dec 2014 | 8:00 AM ET

    Morgan Stanley picks the biggest winners from this year's collapse in oil prices.

  • Mega-mergers are popular again on Wall Street Tuesday, 18 Nov 2014 | 6:47 AM ET

    Deals worth $100 billion on Monday put the Street on pace for a year rivaling the dot-com bubble era and the private equity surge just before the financial crisis.

  • LONDON, Nov 4- Imperial Tobacco Group said it would raise its dividend by at least 10 percent in the next year, signalling confidence that cost cuts will help it to cope with weak consumer spending and higher taxes that weighed on its annual profit. The company also recently floated a portion of its logistics business, Logista, on the Spanish stock exchange, raising...

  • WASHINGTON, Oct 29- Cigarette maker Reynolds American's proposal to buy smaller rival Lorillard Inc presents antitrust regulators with a conundrum: Their mandate is to prevent higher prices because of mergers, but U.S. public policy aims to make cigarettes more expensive to discourage smoking. Reynolds, the No. 2 U.S. cigarette maker, said in July it would buy No. 3...