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Latest American Tobacco Company Stories

2014-09-08 23:02:00

Smoking rates have been falling due to rising public concern about the health risks of smoking, rising prices and anti-smoking campaigns. For these reasons, industry research firm IBISWorld has updated its report on Tobacco Product Wholesaling industry in Australia. Melbourne, Australia (PRWEB) September 09, 2014 Operators in the Tobacco Product Wholesaling industry in Australia have been suffering due to falling consumption, increasing regulation, declining enterprise and establishment...

2014-08-29 08:25:23

WINSTON-SALEM, N.C. and GREENSBORO, N.C., Aug. 29, 2014 /PRNewswire/ -- Reynolds American Inc. (NYSE: RAI) and Lorillard, Inc. (NYSE: LO) today announced that each company has received a request for additional information ("second request") from the Federal Trade Commission ("FTC") in connection with Reynolds American's pending acquisition of Lorillard and divestiture of select brands to Imperial Tobacco Group, PLC (LON: IMT). The second request was issued under notification requirements of...

2014-08-04 12:30:38

LONDON, Aug. 4, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report: Tobacco in the United Kingdom, Euromonitor International http://www.reportbuyer.com/consumer_goods_retail/tobacco/tobacco_packaging_united_kingdom.html With the exception of RYO tobacco, tobacco volume sales continued to decline in the UK in 2013. Sales continued to be hit by rising costs, duties, health and wellbeing considerations and a general development towards considering smoking as...

2014-07-30 04:21:49

LONDON, July 30, 2014 /PRNewswire/ -- Increasing market share driven by its Global Drive Brands has contributed to a pleasing set of results for the first half of the year according to BAT's CEO Nicandro Durante, albeit the results were affected by sterling's recent appreciation. The tobacco company posted financial results with operating profits up 4% at constant exchange rates, and operating margins growing by 30bps with its FD Ben Stevens pointing toward further...

2014-07-27 23:01:19

Philip Morris has signalled its intention to cease domestic cigarette manufacturing by the end of 2014, which would dramatically change the industry's current structure. For this reason, industry research firm IBISWorld has updated its report on the Cigarette and Tobacco Product Manufacturing industry in Australia. Melbourne, Australia (PRWEB) July 27, 2014 Although Cigarette and Tobacco Product Manufacturing in Australia is restricted to two companies, heavy government regulation...

2014-07-15 12:25:36

BOSTON, July 15, 2014 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a Boston-based law firm representing investors nationwide, has commenced an investigation into possible breaches of fiduciary duty by the Board of Directors of Lorillard Inc. ("Lorillard" or the "Company") (NYSE: LO) concerning its proposed merger with Reynolds American Inc. ("Reynolds") in a cash and stock transaction. Lorillard stockholders will receive $50.50 in cash and 0.2909 shares of Reynolds...

2014-07-15 08:30:16

Company Will Have Strong, Balanced Portfolio of Iconic Brands Across Key Categories WINSTON-SALEM, N.C. and GREENSBORO, N.C., July 15, 2014 /PRNewswire/ -- TRANSACTION HIGHLIGHTS Newport to Join Reynolds American's Operating Companies' Key Brands - Camel, Pall Mall, Natural American Spirit, Grizzly and VUSE Next Step in Transforming Tobacco for Reynolds American R.J. Reynolds to Sell Selected Brands and Assets to a subsidiary of Imperial...

2014-07-11 08:24:26

WINSTON-SALEM, N.C., July 11, 2014 /PRNewswire/ -- In response to United Kingdom disclosure obligations, today Imperial Tobacco PLC issued an announcement describing certain discussions among Imperial, Reynolds American Inc. and Lorillard, Inc. Reynolds American (NYSE: RAI) confirms that it is in discussions with Lorillard regarding a possible acquisition of Lorillard. The discussions are consistent with RAI's strategy of considering a variety of options to enhance shareholder value....

2014-06-18 23:13:29

Motivated by Growth, Artificial Intelligence Company Makes a Move Durham, NC (PRWEB) June 18, 2014 In need of additional space after doubling in size, Automated Insights (Ai), an artificial intelligence company, is settling in to a new office at American Tobacco Campus overlooking the Durham Bulls Athletic Park. The move exemplifies Durham’s magnetism for technology companies after urban revitalization turned tobacco warehouses into vibrant spaces for dining, working, and living. The...

2014-06-17 08:31:49

LONDON, June 17, 2014 /PRNewswire/ -- The Gamucci Corporation Ltd today announced the creation of a new Scientific Products Division and the appointment of Adrian Marshall as Divisional CEO. It has been established to set the benchmark for innovation and quality in the electronic cigarette industry and to ensure Gamucci products meet future regulatory requirements. (Photo: http://photos.prnewswire.com/prnh/20140617/693125 ) Adrian has a strong background and...


Word of the Day
cacodemon
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'
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