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Headlines Tagged with ITG Brands 97 headlines found

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Higher cigarette prices limit impact from California sales tax hike

The Big Three tobacco manufacturers have been able to use higher prices to initially offset a sharp excise sales tax increase in California, a leading Wells Fargo Securities analyst said Thursday. However, Bonnie Herzog cautioned in her first-quarter re
Winston-Salem (NC) Journal
added Apr 29, 2017 17:54
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[North Carolina] ITG Brands confirms plans to cut 375 workers, one-third of production staff

The plant’s 1,100 legacy Lorillard Inc.’s 1,100 production workers have been preparing for such a blow ever since rumors surfaced in March 2014 about Reynolds American Inc. buying their company to acquire Newport, the top-selling U.S. menthol cigarette a
Winston-Salem (NC) Journal
added Apr 23, 2016 22:47
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[North Carolina] Profits flat for Imperial

ITG spokesman Mark Smith said Wednesday that job offers were extended to 185 Commonwealth-Altadis field sales employees, "based on a range of criteria, including geography and open positions." He said another 203 field sales employees were not offered jo
Winston-Salem (NC) Journal
added Aug 20, 2015 14:07
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[USA] Acquisition of US assets completed

On 15 July 2014, Imperial Tobacco Group PLC (the “Company”) announced that a subsidiary of the Company (“ITG Brands”) had entered into a purchase agreement with Reynolds American Inc. (“Reynolds”) for the acquisition of certain US cigarette and e-cigaret
Imperial Brands (nee Imperial Tobacco) (uk)
added Jun 13, 2015 20:54
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[UK] Imperial Brands rebounds on easing sales fears

led the blue-chip risers on Monday after it emerged that an apparent slump in US sales was probably not what it seemed.
Financial Times (uk)
added Apr 25, 2016 21:32
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U.S. Tobacco Industry Is Enjoying Return to ‘Old Days,’ CEO Says

The rosier outlook may make the U.S. more inviting to foreign companies, which have largely steered clear of the nation in recent decades, Cameron said. The U.K.’s Imperial Tobacco Group Plc. is already expanding its presence in the market by buying four
Bloomberg News
added Jun 15, 2015 10:26
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Reynolds-Lorillard Clear Final Hurdle, Merge June 12

Post acquisition, Reynolds’ annual revenue is expected to be $11 billion and operating income is likely to amount to $5 billion. The acquisition is expected to consolidate the tobacco industry and increase growth opportunities for Reynolds. The merger wi
Zacks Investment Research, Inc.
added Jun 10, 2015 11:44
31 Views

[North Carolina] ITG plans layoffs at Greensboro cigarette production plant

it will lay off an undisclosed number of workers later this year as it contracts to produce brands for Reynolds American. ITG spokesman Mark Smith told news outlets Wednesday that it doesn't have a final number of employees it will likely lay off or an e
WXII Ch. 12 (Winston-Salem, NC)
added Feb 19, 2016 15:58
29 Views

ITG Launches ‘Select’ Cigarettes

expanded its Winston brand of non-menthol cigarettes in what the industry has dubbed its “gold” category—typically referring to cigarettes with a milder flavor profile—in the release of its Winston Select line, company officials announced.
Convenience Store/Petroleum (CSPNet)
added Apr 13, 2017 15:06
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[North Carolina] Sale volume falls for traditional cigarettes

An expected return to lower sales volumes for traditional cigarettes occurred during March, according to Nielsen ...Not even market-share gains by Newport, the No. 2-selling brand, and Natural American Spirit, the top super-premium brand, were enough to o
Winston-Salem (NC) Journal
added Apr 8, 2017 22:01
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