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BAT First-Half Earnings Drop as Stronger Pound Reduces Sales

said first-half earnings fell 9 percent, hurt by a stronger pound and lower cigarette consumption, weeks after the the company pledged to help finance the smoking industry’s biggest deal to lock in share in a declining market.
Bloomberg News
added Jul 30, 2014 19:32
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British American Tobacco CEO and FD Interviewed on Half-Year 2014 Results

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.
PR Newswire
added Jul 30, 2014 16:47
11 Views

[Australia] Doctor delivers $1.2 billion blow to tobacco – and counting

Dr Bronwyn King, from the Peter MacCallum Cancer Centre, has been steadily chipping away at the tobacco industry’s investor base, so far convincing Australian superannuation funds to unload $1.2 billion of tobacco company shares.
Australian Medical Association (au)
added Jul 30, 2014 09:33
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[UK] British American Tobacco Suffers Big Hit From Sterling Strength

reported lower profit and revenue for the first half of the year as it was hit hard by the comparative strength of sterling, although sales and profit rose at constant rates as volume declines moderated and it raised tobacco prices and further
Life Style Extra (uk)
added Jul 30, 2014 06:34
19 Views

FORM 10-Q / QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

With the exception of Engle Progeny cases, described below, RJR Tobacco and its affiliates and indemnitees continue to win the majority of smoking and health tobacco litigation claims that reach trial, and a very high percentage of the tobacco-related lit
Reynolds American (RAI)
added Jul 29, 2014 14:08
14 Views

Investor Alert: Lawsuit against Takeover of Lorillard Inc. (NYSE:LO) filed

The Shareholders Foundation announces that an investor, who currently holds shares of Lorillard Inc. (NYSE:LO), filed a lawsuit in effort to halt the proposed takeover of Lorillard Inc. by Reynolds American Inc for a value of $68.88 per share. Investors
GroundReport
added Jul 29, 2014 14:06
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Reynolds American Profit Improves

Higher Cigarette and Moist-Snuff Pricing Helps Offset Lower Cigarette Volumes
The Wall Street Journal Interactive Edition
added Jul 29, 2014 09:28
0 Views

Universal Corporation Announces Conference Call

will webcast its conference call on August 7, 2014, following the release of its results for the first quarter of fiscal year 2015 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. F
PR Newswire
added Jul 29, 2014 00:43
1 View

Earnings Review - Altria Group Inc.

Investor-Edge.com has issued complimentary earnings review on Altria Group Inc. (NYSE: MO). The company was featured in the headlines on Tuesday, July 22, 2014, for reporting a 1.6% year-over-year growth in GAAP earnings per share (EPS) in the second qua
PR Newswire
added Jul 29, 2014 00:41
43 Views

Lorillard Investor Sues to Halt $25 Billion Reynolds Deal

“To the detriment of the company’s shareholders, the terms of the merger agreement substantially favor Reynolds and are calculated to unreasonably dissuade potential suitors from making competing offers,” the investor, Vincent Valentino, said in the compl
Business Week/Bloomberg
added Jul 23, 2014 20:51
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