http://www.tobacco.org/newsfeed/org/rothmans.rss Latest top tobacco news headlines en-us http://www.cnw.ca/en/releases/archive/August2008/08/c2761.html http://tobacco.org/news/269764.html Rothmans Inc. invites analysts and portfolio managers to participate in a conference call with management to discuss the results of the first quarter ended June 30, 2008. Shareholders and media are also invited to listen to the call by telephone or by webcast through the company's investor website, www.rothmansinc.ca. Canada Newswire Canada Fri, 08 Aug 2008 04:00:00 GMT http://www.theglobeandmail.com/servlet/story/RTGAM.20080801.WBmarkets20080801103919/WBStory/WBmarkets http://tobacco.org/news/269451.html Rothmans Inc. investors are no doubt celebrating Thursday's $2-billion takeover bid from Philip Morris International Inc., which values the Rothmans shares at $30 - a hefty premium when you consider that the shares have never traded that high (accounting for a recent share split). But what about Philip Morris investors? According to Adam Spielman, an analyst at Citigroup, the deal increases the risk profile of the U.S.-based company, which was spun off from Altria Group Inc. earlier this year, simply because the legal environment in Canada is the most hostile toward tobacco companies anywhere outside the United States. Indeed, he doesn't like the deal, even after considering that Rothmans is a cash cow Globe and Mail Canada Fri, 01 Aug 2008 04:00:00 GMT http://www.newratings.com/analyst_news/article_1152446.html http://tobacco.org/news/211655.html J.P. Morgan in a review of the tobacco sector upgraded UST Inc. (UST) to neutral and Altadis SA to overweight and cut Rothmans Inc. to underweight. Its top pick in the sector remains Japan Tobacco, the brokerage added. New Ratings Tue, 06 Dec 2005 05:00:00 GMT http://www.imperialtobaccocanada.com/onewebCA/sites/IMP_5TUJVZ.nsf/vwPagesWebLive/DO6ACMG5?opendocument&SID=3733B47B5760BC93CBCA171B2A95CCCD&DTC=20050404&TMP=1 http://tobacco.org/news/194029.html On February 25, 2005, Imperial Tobacco Canada Ltd. together with Rothmans Benson & Hedges Inc. and JTI-Macdonald Corp. filed a joint submission with the government in response to the Consultation Document. To learn more about Imperial Tobacco Canada Limited’s position, the Consultation Document may be accessed: Imperial Tobacco Canada Canada Fri, 25 Feb 2005 05:00:00 GMT http://www.cbc.ca/story/canada/national/2004/11/04/que_smok_suit_041104.html http://tobacco.org/news/180955.html A Quebec court began hearings Thursday to decide if it will allow two class-action lawsuits that could wring billions of dollars in damages from Canada's top three tobacco companies. Jean-Yves Blais and the Quebec Council on Tobacco and Health launched a lawsuit in 1998 against Imperial Tobacco, RJR-MacDonald and Rothmans, and Benson & Hedges. They're seeking $100,000 in damages each for up to 45,000 Quebec smokers who have suffered from smoking-related illnesses such as emphysema and cancer of the lung, throat and larynx. CBC News Canada Fri, 05 Nov 2004 05:00:00 GMT http://www.zwnews.com/issuefull.cfm?ArticleID=10221 http://tobacco.org/news/177442.html The government yesterday gave six companies and estate firms 90 days to give up more than one million hectares of land in a fresh campaign to seize corporate-owned land . . . The government has in the last three weeks seized Mawere's multi-million dollar asbestos mines and other ventures after falling out with the businessman. The Zimbabwe Stock Exchange-listed Mashonaland Holdings is set to lose Eyrecourt farm and Acorn Estates to the state, while the Zimbabwe Tobacco Association, which brings together the country's mostly white large-scale tobacco growers will have to give up its 605 809 hectare farm on the outskirts of Harare. Cigarette maker, Rothmans will also have to surrender to the state 100 313 hectares of land in Lochinvar, just outside Harare city centre. The government did not give reasons why it was now turning on corporate-owned farms most of which are productive commercial ventures or were being reserved for expansion purposes. ZWNEWS.com ironhorse@zimnews.net (author/source:Zim Online (SA)) Zimbabwe Sun, 26 Sep 2004 04:00:00 GMT http://www.newswatchngr.com/editorial/allaccess/business/10621124856.htm http://tobacco.org/news/167424.html The first of the 35 millionaires to be made courtesy of the Rothmans' Collect It promo emerges from Enugu State Samuel Orji, a trader from Enugu State, has won the grand price of one million naira after he emerged winner in the Rothmans, Collect It promo. This he won upon presentation of all four inserts- Sow it, Grow it, Select it and Perfect it. Victor Rangaka, head, consumer marketing, British American Tobacco, BAT, presented the prizes to Orji at a colourful ceremony held in Lagos recently. He said the aim of the promotion was to ingrain the product story in the minds of Rothmans smokers. Newswatch webmanager@newswatchngr.com (Chikodi Okereocha) Nigeria Mon, 21 Jun 2004 04:00:00 GMT http://www.stuff.co.nz/stuff/sundaystartimes/0,2106,2720407a6442,00.html http://tobacco.org/news/142833.html Tobacco cash has been used to support a branch of an organisation which is dedicated to promoting the quality of life and well-being of older people and advocates positive healthy ageing. British American Tobacco, which makes cigarette brands such as Benson & Hedges and Rothmans, has donated $5000 this year to Flaxmere Age Concern - one of the Hawke's Bay local Age Concern branches. Independent Newspapers Ltd. / STUFF New Zealand Mon, 10 Nov 2003 05:00:00 GMT http://www.thisisthenortheast.co.uk/the_north_east/news/NEWS4.html http://tobacco.org/news/141027.html TOBACCO firm Rothmans has pledged to leave a legacy for the hundreds of workers who will lose their jobs at its North-East plant. Bosses at parent company British American Tobacco (BAT) have been under pressure since announcing the Darlington plant is to close next year. A study into the impact on the town is due to be published soon. It is thought that BAT is saving about 70m a year by shutting the plant, which employs 490 people. The town's MP, Alan Milburn, said last night: "People in this town have worked for Rothmans and put a huge amount into that company and I believe the company owes them something. "The decision to close the plant seems irrevocable, but I do believe the company now needs to consider how it can best compensate the workforce and the rest of Darlington." This is the North East feedback@nne.co.uk (Alison Lewis) UK Tue, 21 Oct 2003 04:00:00 GMT http://www.independent.com.mt/daily/newsview.asp?id=19692 http://tobacco.org/news/133706.html Doris Micallef will be enjoying an all-inclusive cruise for two around the Caribbean after winning the Rothmans Trade Fair competition. Central Cigarette Co Ltd’s distribution and market services manager Mario Grech presented the trip on the magnificent Voyager of the Seas to Ms Micallef. “Throughout the period of the trade fair, all customers who purchased Rothmans cigarettes were given a lottery ticket with each packet. Malta Independent webmaster@independent.com.mt (Staff Reporter) Malta Wed, 30 Jul 2003 04:00:00 GMT http://business.iafrica.com/news/239768.htm http://tobacco.org/news/127293.html Canadian-listed tobacco firm Rothmans International, which is linked to Rembrandt founder Anton Rupert, has reportedly been cited as a defendant in an apartheid lawsuit, but not yet served papers. Business Day reported on Monday the firm, which was born as a consolidation of Rembrandt's foreign tobacco interests, said in commentary on its annual financial results it had heard it was being cited, but repeated its belief that the lawsuit was unfounded. Rothmans said it planned to "vigorously defend the actions," and said it did not believe it should have been named in the proceeding as "neither the company nor Rothmans Benson and Hedges have conducted business in SA". iafrica.com attache-html-request@metropolis.co.za South Africa Mon, 26 May 2003 04:00:00 GMT http://www.bday.co.za/bday/content/direct/1,3523,1354012-6078-0,00.html http://tobacco.org/news/127287.html Rothmans International, the tobacco company with links to Rembrandt founder Anton Rupert, has apparently been dragged into the apartheid lawsuits saga, but confusion reigns over who is suing the company. Although the SA government was previously noncommittal on the lawsuits being lodged in the US to claim damages as reparations for apartheid, President Thabo Mbeki recently spoke out against the litigation. . . The Canadian-listed Rothmans International has heard that it is being cited as defendant yet has not been served with papers. Business Day South Africa Mon, 26 May 2003 04:00:00 GMT http://www.nationalpost.com/utilities/story.html?id=DAE26F0D-9B7C-4B3E-87FD-D8B5E7057B1E http://tobacco.org/news/118063.html The bad old days of cigarette smuggling and steep tobacco taxes are back in Canada, and they are taking a heavy toll on the earnings of Rothmans Inc., the tobacco company said yesterday. In June, the Canadian government and several provinces hiked taxes on tobacco by as much as $5 a carton in an effort to further reduce the number of people taking up smoking. The result, according to Rothmans and others in the industry, has been a steady shift of customers to lower-cost brands and a resurgence in the cross-border smuggling that ran rampant in the early 1990s. The Canadian maker of brands such as Benson & Hedges and Craven A cigarettes reported that fiscal third-quarter profit dropped to $21.1-million, or 63 a share, from $24.6-million (74) in the same period a year ago. National Post smaich@nationalpost.com (Steve Maich / Financial Post) Canada Fri, 21 Feb 2003 05:00:00 GMT http://www.comcom.govt.nz/publications/display_mr.cfm?mr_id=1114 http://tobacco.org/news/116361.html The Commerce Commission has settled out of court with British American Tobacco Holdings (New Zealand) Limited (BAT) for alleged breach of the former section 47 of the Commerce Act. The settlement includes divestment of certain international cigarette brands with an estimated net present value of $10 million, plus a contribution of $350,000 to the Commission's costs. The Commission alleged that following the global merger in 1999 between BAT and Rothmans International BV and their subsidiaries, the New Zealand companies acquired a dominant position in the New Zealand markets for tobacco products and pre-rolled cigarettes. The Commission issued proceedings in July 2001 seeking orders for divestment of shares or cigarette brands and pecuniary penalty. Commission Chair John Belgrave said the settlement resolves a case that raised some important issues under the Commerce Act, not least of which was the application of the Act to off-shore business acquisitions. New Zealand Commerce Commission New Zealand Wed, 05 Feb 2003 05:00:00 GMT http://www.nbr.co.nz/home/column_article.asp?id=5030&cid=4&cname=Business+Today http://tobacco.org/news/116360.html British American Tobacco's New Zealand operation has agreed to give up seven cigarette brands and pay the Commerce Commission $350,000 as a result of its merger with Rothmans International in 1999. The commission has settled out of court over an in which the regulator alleged breach of the former s47 of the Commerce Act, which prevents companies from acquiring dominant market positions. The five brands to be divested, Sportsman, Cameo, Pacific, Topaz, North Pole, Matinee and Three Castles, have an estimated net present value of $10 million. National Business Review New Zealand Wed, 05 Feb 2003 05:00:00 GMT