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Lorillard Inc

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  • WASHINGTON, May 22- A U.S. federal appeals court on Friday ruled that tobacco companies cannot be forced to announce publicly that they deliberately deceived the public over the health risks of cigarettes. The U.S. Court of Appeals for the District of Columbia Circuit ruled against the manufacturers on several other issues as it considered a long-running...

  • WASHINGTON— America's largest tobacco companies must inform consumers that cigarettes were designed to increase addiction, but not that they lied to the public about the dangers of smoking, a federal appeals court ruled on Friday. The ruling from the U.S. Court of Appeals for the District of Columbia Circuit is a partial win for cigarette makers in the...

  • May 21- Camel cigarette brand owner Reynolds American Inc's planned acquisition of smaller rival Lorillard Inc is expected to receive U.S. antitrust clearance as soon as next week, the Wall Street Journal said. While Reynolds American and the U.S. Federal Trade Commission declined to comment, Lorillard was not immediately available. Reynolds, which will get...

  • May 21- Camel cigarette brand owner Reynolds American Inc's planned acquisition of smaller rival Lorillard Inc is expected to receive U.S. antitrust clearance as soon as next week, the Wall Street Journal said. Reynolds offered to buy Lorillard for $25 billion in last July. Reynolds, Lorillard and the U.S. Federal Trade Commission were not immediately...

  • April 20- Hedge fund manager David Einhorn's Greenlight Capital has taken a new stake in General Motors Co, nearly a year after selling off it position in the automaker, the firm said in a letter to clients on Monday seen by Reuters. The $11 billion fund believes General Motors has put behind it the impact of recalling more than 2.5 million vehicles in 2014 because...

  • 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...

  • Traders work on the floor of the New York Stock Exchange.

    Stock futures point to a lower start after traders had the long Easter weekend to digest the latest weak nonfarm payroll figures.

  • Early movers: HLF, TSLA, QCOM, IBM, TM & more Monday, 6 Apr 2015 | 8:47 AM ET
    Trader on the floor of the NYSE

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

  • FTC weighing Reynolds-Lorillard settlement: Report Thursday, 2 Apr 2015 | 5:26 PM ET
    Packs of Camel cigarettes, manufactured by Reynolds American, are shown on a newsstand counter in London.

    The Federal Trade Commission is considering allowing a merger between Reynolds American and Lorillard, the Wall Street Journal reported.

  • 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...