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[North Carolina] Megadeal leads to Reynolds stock split

Reynolds American Inc.'s board of directors provided investors Tuesday with two more bonuses from its $29.25 billion purchase of Lorillard Inc. The board approved a two-for one stock split — the first such action since October 2010 — and a 7.5 percent in
Winston-Salem (NC) Journal
added Jul 29, 2015 16:17
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Reynolds Beats Q2 Earnings, Misses Sales; Raises FY Outlook

adjusted earnings of $1.02 per share in the second quarter of 2015 surpassed the Zacks Consensus Estimate of 94 cents by 8.5%. Earnings improved 14.6% year over year backed by higher cigarette and moist snuff pricing.
Zacks Investment Research, Inc.
added Jul 29, 2015 12:02
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Altria Reports 2015 Second-Quarter and First-Half Results; Raises 2015 Full-Year Adjusted EPS Guidance; and Announces New $1 Billion Share Repurchase Program

Altria and PM USA recorded pre-tax charges totaling $31 million for the estimated costs of implementing the corrective communications remedy in the federal government’s lawsuit against them.
Altria Group, Inc.
added Jul 29, 2015 11:58
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British American Tobacco beats expectations, shares up

reported better-than-expected performance for the second quarter, helped by cost savings and market share gains. Shares in the company, which makes Dunhill and Lucky Strike cigarettes, were up 2.8 percent at 0718 GMT (0818 BST).
Reuters
added Jul 29, 2015 11:09
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Vector Group to Host Second Quarter 2015 Results Conference Call

will conduct a conference call and webcast to discuss its second quarter 2015 results on Thursday, July 30, 2015 at 9:00 a.m. (ET).
Business Wire
added Jul 28, 2015 16:25
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Strong operating performance drives RAI’s 2Q15 results / Company announces: - Dividend increase - Two-for-one stock split - Increased full-year EPS guidance (PDF)

“Reynolds American delivered excellent results in the second quarter, in addition to successfully completing the Lorillard acquisition and related divestiture,” said Susan M. Cameron, president and chief executive officer of RAI. “The strength of our oper
Reynolds American (RAI)
added Jul 28, 2015 11:51
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[North Carolina] Revenue from Newport pushes Reynolds’ 2Q net income up 22.1 percent

New revenue from Newport, the No. 2-selling U.S. traditional cigarette brand, capped a strong overall second-quarter performance by Reynolds American Inc. Reynolds reported today $579 million in net income when excluding gains and charges related to its $
Winston-Salem (NC) Journal
added Jul 28, 2015 10:28
5 Views

Megadeal leads to Reynolds stock split, increase in quarterly dividend

Reynolds American Inc.’s board of directors provided investors today with two more bonuses from its $29.25 billion purchase of Lorillard Inc. The board approved a two-for-one stock split Monday — the first such action since October 2010 — and a 7.5 perce
Winston-Salem (NC) Journal
added Jul 28, 2015 10:26
2 Views

[UK, UK-Scotland] Trust defends its position in big tobacco

Mark Barnett, manager of the £1.3billion Edinburgh Investment Trust, has said the stock market is fully valued and defended his major position in tobacco companies. The trust, once managed in the capital but now run from Henley-on-Thames by Invesco Perp
Herald Scotland (The Herald and Sunday Herald) (uk)
added Jul 26, 2015 05:41
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Will E-Cigarettes Be The Knight In Shining Armor For U.S. Tobacco Stocks?

the key strength with tobacco makers like Altria could continue to lie in pricing rather than volumes, with e-cigarettes remaining only a temporary tool to make up for a portion of the losses.
Forbes
added Jul 25, 2015 21:06
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