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[Florida] Fitch: Tobacco Settlement Eases Industry Litigation Concern

The settlement of more than 400 lawsuits in U.S. federal courts filed by Florida smokers, the Engle Progeny cases, resolves some uncertainty in extensive litigation pending against the major cigarette companies, Philip Morris USA Inc. (subsidiary of Altri
Business Wire
added Mar 1, 2015 09:44
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Vector Group Announces Date and Time Change for Fourth Quarter and Full-Year 2014 Results Conference Call

Vector Group will host the call on Monday, March 2, 2015 at 9:30 a.m. (ET). Investors can access the call by dialing 800-859-8150 and entering 78148193 as the conference ID number. The call will also be available via live webcast
Business Wire
added Mar 1, 2015 09:41
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[Missouri] BERSHIDSKY: Weed could spark big tobacco boom

It might seem that Big Tobacco is merely cannibalizing its existing sales by putting out such products. But it might be something of a bet on the future, too. “Heat not burn” vaporizers can just as easily be used to smoke marijuana as tobacco. And they a
Columbia (MO) Tribune
added Feb 28, 2015 20:16
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British American Tobacco's (BTI) CEO Nicandro Durante on Q4 2014 Results - Earnings Call Transcript

I’m pleased to say that British American Tobacco has continued to perform well and the group has delivered another good performance in 2014. Although currency movements had a significant effect on our reported numbers, on a constant currency basis, we g
Seeking Alpha blog network
added Feb 28, 2015 12:12
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[UK] Imperial Tobacco share price: Group to appoint Lorillard CFO as head of subsidiary

Martin Orlowsky resigns post due to differences in management style / Imperial Tobacco’s first-quarter sales hit by stronger pound
iNVEZZ Limited
added Feb 26, 2015 14:49
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BAT preliminary results 2014: Interview with Nicandro Durante, CEO, and Ben Stevens, FD (PDF)

I have not seen an increase in the numbers of excise shocks across the world in the last couple of years. If anything, we have less excise shocks now than we had in the past. The issue that we face is that excise shocks are happening in the biggest
MerchantCantos (uk)
added Feb 26, 2015 08:25
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[UK] BAT Concerned by Currency Volatility as Annual Earnings Drop

Currency movements will have “a significant impact on both a transactional and translational level,” Chief Executive Officer Nicandro Durante said Thursday, adding that business conditions will remain difficult in 2015. “FX isn’t doing them any favors and
Bloomberg News
added Feb 26, 2015 08:10
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British American Tobacco Profit Drops Amid Adverse Currency

Richard Burrows, chairman, said, "The Group continued to perform extremely well despite challenging trading conditions. We grew revenue and profit at constant rates of exchange and we increased our market share. Although significant exchange rate movemen
NASDAQ
added Feb 26, 2015 08:05
1 View

[UK] British American Tobacco 2014 Profit Drops As Revenue Hit By Sterling

reported a drop in 2014 profit in both current currency rates and at constant rates, while revenue grew at constant exchange rates, but was hit at the reported rate by the strength of sterling.
Life Style Extra (uk)
added Feb 26, 2015 08:02
53 Views

[Florida] Tobacco Settlement Eases Industry Litigation Concern

The settlement of more than 400 lawsuits in U.S. federal courts filed by Florida smokers, the Engle Progeny cases, resolves some uncertainty in extensive litigation pending against the major cigarette companies
Fitch Ratings
added Feb 25, 2015 16:51
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