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Altria Announces Expiration of Cash Tender Offer

expiration of its previously announced cash tender offer for any and all of its senior unsecured 9.700% Notes due 2018 (the “Notes”). The terms and conditions of the tender offer are described in the Offer to Purchase, dated February 26, 2015, the related
Business Wire
added Mar 5, 2015 10:59
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Gates Foundation Ditches McDonald’s, Coca-Cola in Fourth Quarter

The Gates Foundation focuses on fighting polio, AIDS, malaria and improving health systems in developing countries. It doesn’t invest in companies whose corporate activity it finds to be “egregious,” including tobacco stocks and investments in Sudan, acco
Bloomberg News
added Mar 1, 2015 12:38
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[Australia] VICTORIA PULLS OUT OF TOBACCO INVESTMENTS

Greens congratulate the Victorian Funds Management Corporation (VFMC) on finally divesting from tobacco companies, after pressure from the Victorian Greens and community campaigners over recent years.
THE GREENS (au)
added Mar 1, 2015 12:38
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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
3 Views

[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
41 Views

[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
3 Views

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
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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