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Reynolds American Inc

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  • US court revives European suit vs. R.J. Reynolds Wednesday, 23 Apr 2014 | 11:16 AM ET

    NEW YORK— A federal appeals court has revived a lawsuit by the European Union alleging that U.S. tobacco company R.J. The 2nd U.S. Circuit Court of Appeals in New York City ruled Wednesday that the European Union and 26 of its member states were within their rights to sue in U.S. courts. Reynolds American Inc. is based in Winston-Salem, N.C..

  • The 2nd U.S. Circuit Court of Appeals in New York said a lower court judge erred in concluding that a U.S. anti-racketeering law, the Racketeer Influenced and Corrupt Organizations statute, cannot apply to foreign enterprises or to conduct outside the United States.

  • Court-ordered tobacco ads will include black media Wednesday, 23 Apr 2014 | 10:39 AM ET

    WASHINGTON— The nation's tobacco companies and the Justice Department are including media outlets that target more of the black community in court-ordered advertisements that say the cigarette makers lied about the dangers of smoking, according to a brief filed in U.S. District Court in Washington on Wednesday.

  • Reynolds American 1Q profit falls more than 28 pct Wednesday, 23 Apr 2014 | 7:30 AM ET

    RICHMOND, Va.— Reynolds American Inc.' s first-quarter profit fell more than 28 percent as the company sold fewer cigarettes and spent more on expanding its electronic cigarette brand and legal costs.

  • Business events scheduled for Wednesday Tuesday, 22 Apr 2014 | 12:19 PM ET

    WASHINGTON— Commerce Department releases new home sales for March, 10 a.m.. Michelin reports first quarter sales. Procter& Gamble Co. releases quarterly financial results before the market opens.

  • Between March 2013 and March 2014, more than 50 complaints about e-cigarettes were filed with the U.S. Food and Drug Administration, according to data obtained through a public records request.

  • Business Highlights Wednesday, 16 Apr 2014 | 6:29 PM ET

    Why high oil prices are actually good for airlines. NEW YORK— Airline executives frequently complain about fuel costs, but higher prices actually have been good for business. The average cost of a roundtrip domestic ticket grew to $378.62 from $351.48 in the last five years, when adjusted for inflation.

  • Reynolds brings back Susan Cameron as CEO Wednesday, 16 Apr 2014 | 5:44 PM ET

    WINSTON-SALEM, N.C.— Reynolds American has elected board member and former leader Susan Cameron as president and CEO of the tobacco company. She replaces Daniel Delen who is retiring and resigning from the board. Reynolds American Inc. is the Winston-Salem, N.C.- based parent company of R.J. Reynolds Tobacco Co. and several other tobacco companies.

  • Tobacco cos. make payments under state settlement Tuesday, 15 Apr 2014 | 2:54 PM ET

    RICHMOND, Va.— The nation's top cigarette makers said Tuesday they have made about $6 billion in annual payments as part of a longstanding settlement in which some companies are paying states for smoking-related health care costs.

  • Smokers group challenges NYC e-cigarette ban Tuesday, 25 Mar 2014 | 2:08 PM ET

    NEW YORK, March 25- A smokers' rights group filed a legal challenge on Tuesday to New York City's ban on electronic cigarettes in restaurants, parks and many other public places. The group has asked the state Supreme Court to void the law. The City Council said it believed the court would uphold the law.

  • Midday movers: Crocs, Conversant, Lorillard & More Wednesday, 12 Feb 2014 | 12:06 PM ET

    Some of Wednesday's midday movers:

  • Early movers: S, CVS, AAPL, GOOG, MMC, BCS & more Tuesday, 11 Feb 2014 | 7:39 AM ET
    Traders work the floor of the New York Stock Exchange on the evening of January 23, 2014 in New York City.

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

  • Feb 5- CVS Caremark Corp said on Wednesday that it would stop selling tobacco products at its 7,600 stores by October, becoming the first national drugstore chain in the United States to take cigarettes off the shelves.

  • Tobacco lawyers said at the hearing in U.S. District Court in Washington, D.C., that they planned to push forward with an appeal about the wording of the ads, even after they struck an agreement this month with the Justice Department and anti-smoking advocates about what the ad campaign would look like in newspapers and on television.

  • Big tobacco: Sorry. So, can we grow now? Wednesday, 22 Jan 2014 | 2:45 PM ET
    New York's Times Square, circa 1940s.

    Tobacco companies that split apart to protect investors from litigation may consider reuniting, especially BAT and Reynolds American.

  • British American Tobacco builds global brand     Wednesday, 22 Jan 2014 | 2:00 PM ET

    British American Tobacco will soon be free to build on its 42 percent stake in Reynolds American Inc. But bankers say British American could also take interest in U.K. rival Imperial Tobacco Group if it can overcome antitrust hurdles in Europe. CNBC's John Jannarone explains.

  • SHANGHAI, Jan 16- When Qu Liang's wife became pregnant, the 30- year-old Shanghai salesman switched from smoking to "vaping", a practice uncommon in China although it is the world's leading producer of electronic cigarettes. Puffing on the devices, or vaping, is surging worldwide, but it forms only a tiny part of China's 1.2 trillion yuan cigarette business.

  • The Swedish snuff that's targeting the US Friday, 10 Jan 2014 | 2:44 AM ET

    Big tobacco may be scrambling to grab a hold of the e-cigarettes market, but there's a little-known tobacco product from Europe that's also seen as having big potential.

  • E-cigarettes: a burning question for U.S. regulators Wednesday, 11 Dec 2013 | 1:33 PM ET

    NEW YORK, Dec 11- At the Henley Vaporium, one of a growing number of e-cigarette lounges sprouting up in New York and other U.S. cities, patrons can indulge in their choice of more than 90 flavors of nicotine-infused vapor, ranging from bacon to bubble gum.

  • Nov 20- Philip Morris International Inc plans next year to enter the electronic cigarette business, a $2 billion- plus global market identified by the maker of Marlboro cigarettes as its "greatest growth opportunity".

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