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Lorillard Inc

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  • 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...

  • 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,...

  • 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...

  • 4 ways to protect your portolio: 'Fast Money' pros Thursday, 9 Oct 2014 | 7:24 PM ET
    Traders on the floor of the New York Stock Exchange.

    After a sharp stock selloff Thursday and erasing the previous day's rally, it's time to get defensive, say CNBC's "Fast Money" traders.

  • Parade of mergers: for better or for worse? Friday, 8 Aug 2014 | 8:36 AM ET

    The M&A wave could be a harbinger of a booming economy...or a collection of last-minute attempts to beat higher debt rates. NYT reports.

  • Reynolds American CEO confident of merger approval Friday, 1 Aug 2014 | 6:24 PM ET
    A pack of Camel cigarettes, manufactured by Reynolds American, is in a display rack in a newsstand in London.

    Susan Cameron is confident regulators will allow the tobacco giant to acquire Lorillard for $24.7 billion.

  • Big tobacco's $23B award unlikely to stand: Experts Monday, 21 Jul 2014 | 6:59 AM ET

    A decision by a Florida jury to impose damages of $23.6 billion against RJ Reynolds is likely to be rejected or reduced on appeal, experts say.

  • Value of worldwide M&A hits $2 trillion this year Friday, 18 Jul 2014 | 7:15 AM ET

    Worldwide merger and acquisition activity has reached $2 trillion so far this year, up 75 percent from last year, according to Thomson Reuters data.

  • Why stock market bears may need summer hibernation Thursday, 17 Jul 2014 | 11:09 AM ET
    Traders on the floor of the New York Stock Exchange.

    The bear case for stocks is easy, but it's the bull case that may win out this summer, analysts say.

  • What the Reynolds deal says about e-cig leader blu Tuesday, 15 Jul 2014 | 5:28 PM ET
    A woman smoking a 'Blu' e-cigarette

    A huge merger between tobacco giants Reynolds American and Lorillard will see electronic cigarette leader blu go to another company.

  • Stocks mixed, with Nasdaq hit by valuation worry Tuesday, 15 Jul 2014 | 4:46 PM ET
    Trader on the floor of the New York Stock Exchange.

    Stocks fell Tuesday after Federal Reserve Chair Janet Yellen said the central bank could hike rates sooner than expected.

  • The real winner in the Lorillard takeover: BAT Tuesday, 15 Jul 2014 | 2:42 PM ET

    Reynolds American's purchase of Lorillard has plenty of benefits for the rival U.S. firms, but the real winner is British American Tobacco.