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Latest Greensboro Stories

2010-10-12 11:00:00

GREENSBORO, N.C., Oct. 12 /PRNewswire-FirstCall/ -- Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced that it will release third quarter 2010 earnings on Monday, October 25, 2010. A conference call for analysts and investors will begin at 10:00 a.m. Eastern Time on October 25, 2010, which will be hosted by Murray S. Kessler, President and Chief Executive Officer, and David H. Taylor, Executive Vice President, Finance and...

2010-09-01 12:30:00

Proceeds of 16th Annual Sidewalk Sale Will Benefit JDRF GREENSBORO, N.C., Sept. 1 /PRNewswire-USNewswire/ -- The Fresh Market will hold its 16th annual "Hope Floats" Sidewalk Sale on September 10 through September 12, from 11:00 a.m. to 6:00 p.m. daily to benefit the Juvenile Diabetes Research Foundation (JDRF). The Fresh Market's stores, located in 20 states across the Southeast, Midwest, Mid-Atlantic and Northeast, will offer root beer floats, hot dogs, gourmet cookies and ice cream...

2010-08-26 15:07:00

GREENSBORO, N.C., Aug. 26 /PRNewswire-FirstCall/ -- Unifi, Inc. (NYSE: UFI) announced today that it will seek stockholder approval at its 2010 annual meeting of an authorization enabling its Board of Directors to affect a one-for-three reverse stock split of its common stock. "Given the recent performance of our stock and the outlook for the company's future, we believe the reverse stock split of our common stock will facilitate long-term growth and enhance our shareholder value," said...

2010-08-20 06:30:00

GREENSBORO, N.C., Aug. 20 /PRNewswire-FirstCall/ -- Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, announced today that its Board of Directors approved a 12.5% increase in the quarterly dividend on its common stock from $1.00 per share to $1.125 per share. The dividend is payable on September 10, 2010 to stockholders of record as of September 1, 2010. The Company's Board of Directors also approved a share repurchase program, authorizing the...

2010-08-12 07:45:00

GREENSBORO, N.C., Aug. 12 /PRNewswire-FirstCall/ -- Lorillard, Inc. (NYSE: LO) announced today that its Board of Directors has elected Murray S. Kessler as President and Chief Executive Officer, effective September 13, 2010, succeeding Martin L. Orlowsky, current Chairman, President and Chief Executive Officer. Mr. Kessler also was elected to serve as a member of the Board of Directors of the Company, effective September 13, 2010. In addition, Mr. Orlowsky announced his intention to...

2010-08-03 15:24:00

GREENSBORO, N.C., Aug. 3 /PRNewswire-FirstCall/ -- Lorillard, Inc. (NYSE: LO) today announced its plan to launch a non-menthol variety of its flagship Newport® brand in November 2010. Newport® Non-Menthol will be a premium product with broad competitive consumer appeal that delivers the high quality tobacco taste that adult smokers have grown to expect from Newport. Newport, Lorillard's menthol-flavored premium cigarette, is the second-largest brand in...

2010-07-27 15:00:00

GREENSBORO, N.C., July 27 /PRNewswire-FirstCall/ -- RF Micro Devices, Inc. (Nasdaq: RFMD), a global leader in the design and manufacture of high-performance radio frequency components and compound semiconductor technologies, today reported financial results for its fiscal 2011 first quarter, ended July 3, 2010. RFMD's quarterly revenue increased 29% year-over-year and 5% sequentially to $273.8 million. On a GAAP basis, gross margin equaled 37.4%, quarterly operating income totaled $40.6...

2010-07-26 06:30:00

GREENSBORO, N.C., July 26 /PRNewswire-FirstCall/ -- Lorillard, Inc. (NYSE: LO) today reported results for the quarter ended June 30, 2010. Highlights Because of the unusual wholesale shipment patterns in 2009 which distort quarter over quarter comparisons in the first two quarters of 2010, it may be useful for investors to also compare the first six months of 2010 with the same period in 2009 in order to give appropriate context to the 2010 second quarter. Net sales were $1.520 billion...

2010-07-16 13:48:00

Data is Overwhelming and Consistent GREENSBORO, N.C., July 16 /PRNewswire-FirstCall/ -- With the words of Food and Drug Commissioner Margaret Hamburg on the screen beside him, a Lorillard Tobacco Company (NYSE: LO) scientist today called upon the FDA's Tobacco Products Scientific Advisory Committee (TPSAC) to employ a "truly science-based, data-driven" process in its evaluation of menthol in cigarettes. Earlier this week Hamburg made headlines when she told an FDA science panel to...

2010-07-15 06:00:00

GREENSBORO, N.C., July 15 /PRNewswire-FirstCall/ -- Lorillard Tobacco Company (NYSE: LO) today issued the following statement regarding the second public meeting of the Food and Drug Administration's Tobacco Products Scientific Advisory Committee (TPSAC), which will be held July 15 and July 16 in Gaithersburg, Md. This statement can be attributed to Dr. William R. True, senior Vice president, research and development. "After its first meeting, the Tobacco Products Scientific Advisory...