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2013-05-15 16:29:03

GREENSBORO, N.C., May 15, 2013 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced that it has priced an underwritten public offering of an aggregate principal amount of $500 million 3.75% senior notes due 2023 through its main operating subsidiary, Lorillard Tobacco Company, and guaranteed by Lorillard, Inc. Lorillard, Inc. expects to close the sale of the notes on May 20, 2013, subject to customary closing...

2013-05-14 16:29:29

GREENSBORO, N.C., May 14, 2013 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, announced today the declaration of a quarterly dividend on its common stock in the amount of $0.55 per share, payable on June 10, 2013 to stockholders of record as of May 31, 2013. About Lorillard, Inc. Lorillard, Inc. (NYSE: LO), through its Lorillard Tobacco Company subsidiary, is the third largest manufacturer of cigarettes in the United States....

2013-05-09 08:32:45

New President Brings Extensive Domestic and International Managerial Experience to Drive Continued Growth and Product Technology Innovation to Electronic Cigarette Pioneer CHARLOTTE, N.C., May 9, 2013 /PRNewswire/ -- blu eCigs, the electronic cigarette company widely known for its products' superior style and quality, is pleased to welcome Jim Raporte as its new president. With over thirty years of experience across tobacco, food and business services industries, Raporte leads blu...

2013-04-24 08:33:20

GREENSBORO, N.C., April 24, 2013 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO) announced today its results for the quarter ended March 31, 2013. First Quarter Highlights First quarter reported (GAAP) diluted earnings per share increased 50.9% versus last year to $0.86, including a $143 million MSA payment dispute settlement benefit that reduced the Company's first quarter tobacco settlement expense. First quarter adjusted (Non-GAAP) diluted earnings per share increased 13.8% versus last...

2013-04-19 12:21:15

NEW YORK, April 19, 2013 /PRNewswire/ -- The International Motor Press Association named Lawrence Ulrich winner of the 2013 Ken Purdy Award for excellence in automotive journalism for "Wins & Loses," (www.automobilemag.com/features/news/1211_wins_and_losses) his heartfelt sojourn through automotive heartland published in the November 2012 issue of Automobile Magazine. (Photo: http://photos.prnewswire.com/prnh/20130419/NY97770) "The road trip is an all-too-familiar journey for...

2013-04-10 16:27:20

GREENSBORO, N.C., April 10, 2013 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced that it will release first quarter 2013 results on Wednesday, April 24, 2013. A conference call for analysts and investors will begin at 9:00 a.m. Eastern Time on Wednesday, April 24, 2013, which will be hosted by Murray S. Kessler, Chairman, President and Chief Executive Officer, and David H. Taylor, Executive Vice President,...

2013-03-08 12:25:57

GREENSBORO, N.C., March 8, 2013 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, announced today that the Company's Board of Directors approved a new share repurchase program, authorizing the Company to repurchase in the aggregate up to $500 million of its outstanding common stock, which is expected to be completed over the course of 2013. "Today's announcement that the Board has authorized a new share repurchase...

2013-02-13 08:29:34

GREENSBORO, N.C., Feb. 13, 2013 /PRNewswire/ -- Fourth quarter reported (GAAP) diluted earnings per share (on a split adjusted basis) increased 3.9% versus last year to $0.80, and annual reported (GAAP) diluted earnings per share increased 5.6% to a record $2.81. Fourth quarter adjusted (Non-GAAP) diluted earnings per share (on a split adjusted basis) increased 8.2% versus last year to $0.79, and annual adjusted (Non-GAAP) earnings per share increased 7.2% to a record $2.82. Net sales in...

2013-01-29 12:29:46

GREENSBORO, N.C., Jan. 29, 2013 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced that it will release fourth quarter and full year 2012 results on Wednesday, February 13, 2013. A conference call for analysts and investors will begin at 9:00 a.m. Eastern Time on Wednesday, February 13, 2013, which will be hosted by Murray S. Kessler, Chairman, President and Chief Executive Officer, and David H. Taylor, Executive...

2012-12-18 16:25:52

GREENSBORO, N.C., Dec. 18, 2012 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, announced today that its wholly-owned subsidiary, Lorillard Tobacco Company, along with other participating manufacturers, has agreed to a term sheet with 17 states and the District of Columbia and Puerto Rico that resolves disputes under the 1998 Master Settlement Agreement (MSA) involving payment adjustments relating to nonparticipating...