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Lorillard Inc

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  • NEW YORK, June 10- Significantly more Americans are using electronic-cigarettes and other vaporizing devices than a year ago, but most of those consumers are also smoking conventional cigarettes, according to a new Reuters/ Ipsos poll. The findings support evidence that smokers are using both traditional tobacco products and e-cigarettes to deliver...

  • NEW YORK, June 10- Significantly more Americans are using electronic-cigarettes and other vaporizing devices than a year ago, but most of those consumers are also smoking conventional cigarettes, according to a new Reuters/ Ipsos poll. The findings support evidence that smokers are using both traditional tobacco products and e-cigarettes to deliver...

  • Altria Group Inc, Reynolds American Inc and Lorillard Inc dismissed their case after the FDA on May 29 said it would review whether to mandate advance approval for label alterations such as changes to logos and background colors, or the use of descriptors such as "premium tobacco." In their April lawsuit filed in federal court in Washington, D.C., the companies said...

  • Tobacco companies drop lawsuit vs FDA over labeling Tuesday, 2 Jun 2015 | 1:27 PM ET

    In a filing with the federal court in Washington, D.C., units of Altria Group Inc, Reynolds American Inc and Lorillard Inc said they decided to dismiss their case after the FDA on May 29 said it would review a policy governing the labeling of tobacco products.

  • WASHINGTON, May 26- Reynolds American Inc won U.S. antitrust approval on Tuesday for its deal to buy smaller rival Lorillard in a deal that would combine the No. 2 and No. 3 U.S. cigarette companies. Reynolds, which makes Camel and Pall Mall cigarettes, said in July it would buy Lorillard, which makes Newport, for $27.4 billion. Altria Group, which owns Marlboro, has a 47...

  • WASHINGTON, May 26- Reynolds American Inc won U.S. antitrust approval on Tuesday for its deal to buy smaller rival Lorillard in a deal that would combine the No. 2 and No. 3 U.S. cigarette companies. The Federal Trade Commission said it would allow the deal to go forward in condition that the companies sell four cigarette brands- Winston, Kool, Salem, and Maverick.

  • 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...

  • 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...

  • ISIS fight hits Imperial Tobacco results Wednesday, 6 May 2015 | 3:13 AM ET

    Imperial Tobacco's underlying net revenue took a 3 percent hit in its growth markets due to instability in Iraq in the 6 months to March.

  • 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...

  • Greenlight's David Einhorn: We're adding shorts Monday, 20 Apr 2015 | 4:41 PM ET
    David Einhorn, president of Greenlight Capital Inc.

    If company earnings are cooked, so is the market, according to Greenlight Capital.

  • 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 the floor of the New York Stock Exchange.

    U.S. stocks closed higher, rebounding from initial losses on the disappointing jobs report as weak data renewed hopes of a rate hike delay.

  • 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.