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Headlines Tagged with ITG Brands 94 headlines found

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Tobacco giant ITG Brands names new CEO

America's third-largest tobacco company has named Dan Carr as its new president and chief executive officer. He will succeed David Taylor, who has announced he will retire from ITG Brands on Jan. 31, 2018. Greensboro-based ITG Brands products include Wi
Greensboro (NC) News & Record
added Nov 20, 2017 17:25
26 Views

RJR Tobacco Says ITG Had Duty To Join In Fla. Settlement ($$)

told a Delaware chancellor on Friday that ITG Brands LLC relied on tortured contract readings to support claims that time ran out on ITG’s duty to pursue and assume a $30 million yearly payment obligation to Florida to offset harms from tobacco sales.
Law360
added Jun 25, 2017 15:04
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[Florida] RJR Tobacco Says ITG Had Duty To Join In Fla. Settlement ($$)

told a Delaware chancellor on Friday that ITG Brands LLC relied on tortured contract readings to support claims that time ran out on ITG’s duty to pursue and assume a $30 million yearly payment obligation to Florida to offset harms from tobacco sales.
Law360
added Jun 24, 2017 14:36
19 Views

[California, North Carolina] Higher cigarette prices help tobacco manufacturers keep profits up

R.J. Reynolds Tobacco Co., Philip Morris USA and ITG Brands LLC all raised their list prices in November and in March by 8 cents a pack each time.
Winston-Salem (NC) Journal
added Jun 1, 2017 18:39
22 Views

RJR Stay Denied In Del. Dispute Over Florida Tobacco Levy ($$)

lost a bid Thursday in Delaware Chancery Court for a hold order on a suit in which ITG Brands LLC is contesting its role and liability in a state-of-Florida action demanding $30 million a year in tobacco settlement payments.
Law360
added May 19, 2017 05:30
33 Views

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
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
29 Views

[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
14 Views

Buyer Seeks To Litigate Tobacco Suit In Delaware Chancery Court ($$)

seeking an injunction that would force the Reynolds defendants to dismiss their complaint against ITG in Florida state court over the sale of four cigarette brands to ITG Brands in conjunction with the Reynolds defendants’ takeover of Lorillard Tobacco Co
Lexis Nexis
added Mar 15, 2017 00:03
19 Views

Florida AG fights for allegedly overdue payments from tobacco industry

A three-way dispute between two tobacco companies and the state of Florida attorney general's office has lead to a haze of confusion. In February, according to a report by the Winston-Salem Journal, ITG Brands filed a lawsuit against tobacco giant RJ Re
Florida Record (U.S. Chamber Institute for Legal Reform)
added Mar 7, 2017 12:52
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