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Latest Lorillard Tobacco Company Stories

2014-07-30 08:35:28

GREENSBORO, N.C., July 30, 2014 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO) announced today its results for the quarter ended June 30, 2014. Second Quarter Highlights -- Reported (GAAP) diluted earnings per share remained flat at $0.83 per share compared to the second quarter of 2013. -- Adjusted (Non-GAAP) diluted earnings per share increased 3.7% over last year to $0.84. -- Cigarettes adjusted operating income (Non-GAAP) increased 4.2% over last year...

2014-07-18 08:25:39

GREENSBORO, N.C., July 18, 2014 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO), the third largest tobacco company in the United States, today announced that it will release second quarter 2014 results on Wednesday, July 30, 2014, before the market opens. The news release will be available under the Investor Relations section of Lorillard's website at www.lorillard.com. About Lorillard, Inc. Lorillard, Inc. (NYSE: LO), through its Lorillard Tobacco Company subsidiary, is the third...

2014-07-15 12:30:27

WASHINGTON, July 15, 2014 /PRNewswire-USNewswire/ -- The following is a statement of Matthew L. Myers President, Campaign for Tobacco-Free Kids: http://photos.prnewswire.com/prnvar/20080918/CFTFKLOGO The proposed merger of the Reynolds American and Lorillard tobacco companies raises important questions that go beyond antitrust. It raises important public health issues as well because it would bring together two tobacco giants with a long history of marketing to kids and deceiving...

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 08:30:36

NEW YORK, July 15, 2014 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, has announced that it is investigating the acquisition of Lorillard Inc. (NYSE: LO) on behalf of investors. Reynolds American Inc.("RAI") and Lorillard announced that they have entered into a definitive agreement in which RAI has agreed to acquire Lorillard in a cash-and-stock transaction currently valued at $68.88 per Lorillard share. Under the terms of the...

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...

2014-07-15 08:28:22

KEYSVILLE, Va., July 15, 2014 /PRNewswire/ -- S&M Brands, Inc., one of Virginia's largest privately held growers, manufacturers and distributors of premium quality tobacco products, announced today that it has received Substantial Equivalent orders from the FDA on its newly redesigned Riverside(® )Cigarette brand. A significant factor in this announcement is that S&M Brands, Inc. is one of the few companies, behind Lorillard, Inc., that has navigated the Tobacco Control Act...

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....

2014-07-11 08:24:25

GREENSBORO, N.C., July 11, 2014 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO) today confirmed that Lorillard and Reynolds American Inc. (NYSE: RAI) ("RAI") are engaged in discussions regarding RAI's potential acquisition of Lorillard. In connection with that transaction, RAI and Lorillard are in discussions with Imperial Tobacco Group PLC (LON: IMT) regarding the potential sale of certain assets and brands owned by RAI and Lorillard to Imperial. No agreement has been reached and...

2014-06-30 12:32:37

Law will protect kids and clean indoor air MINNEAPOLIS, June 30, 2014 /PRNewswire/ -- The Freedom to Breathe coalition, a group of Minnesota's leading health organizations, responded to new restrictions on e-cigarettes that were passed during the 2014 Legislative Session and will be enacted tomorrow. "Minnesota is leading the nation in taking steps to regulate e-cigarettes, which have the potential to addict youth to nicotine," said coalition co-chair Molly Moilanen, Director of Public...


Word of the Day
lambent
  • Licking.
  • Hence Running along or over a surface, as if in the act of licking; flowing over or along; lapping or bathing; softly bright; gleaming.
This word comes the Latin 'lambere,' to lick.
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