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Headlines Tagged with Lorillard 1,346 headlines found

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[USA] Imperial Tobacco to snag US e-cig lead thanks to deal

insisted the assets include Lorillard's blu e-cigarette unit. The brand gives Imperial, which will become the third-largest U.S. tobacco company overall, a big lead in the new and fast-growing U.S. electronic cigarette market where it now accounts for ab
Reuters
added Jul 24, 2014 09:43
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Lorillard Investor Sues to Halt $25 Billion Reynolds Deal

“To the detriment of the company’s shareholders, the terms of the merger agreement substantially favor Reynolds and are calculated to unreasonably dissuade potential suitors from making competing offers,” the investor, Vincent Valentino, said in the compl
Business Week/Bloomberg
added Jul 23, 2014 20:51
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[California] Palos Verdes Estates woman testifies in negligence suit against tobacco company

“When he was gone, I felt like half of me was gone,” 69-year-old Tajie Major said of former Navy Capt. William “Earl” Major, who smoked for decades....Her lawsuit, being tried before jurors in a Los Angeles courtroom, alleges Lorillard put sales over safe
Torrance (CA) Daily Breeze
added Jul 23, 2014 15:20
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Altria's (MO) CEO Marty Barrington on Q2 2014 Results - Earnings Call Transcript

composition of the TPSAC was flawed by appointment of people that had conflicts of interest....So I'm sure that we’re trying to be a constructive partner at FDA but it's important for the integrity of the system that everybody play by the rules. So I'm su
Seeking Alpha blog network
added Jul 22, 2014 17:46
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LORILLARD, et. al. v. FDA, et. al.: MEMORANDUM OPINION (PDF)

the presence of conflicted members on the Committee irrevocably tainted its very composition and its work product. In turn, the Committee's findings and recommendations, including reports such as the Menthol Report, are, at a minimum, suspect, and, at wo
United States District Court for the District of Columbia
added Jul 22, 2014 15:16
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Reynolds American's merger and a massive fine could snare tobacco muni bonds

A stream of news out of the tobacco industry has failed to derail prices on municipal bonds backed by cigarette makers. But muni bond analysts warn that investors could get caught in the middle as the big players in the tobacco industry shift.
MarketWatch (Wall St. Journal)
added Jul 22, 2014 13:12
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Altria Profit Trails Estimates on Lower Cigarette Shipments

Altria Group Inc. faces the prospect of stiffer competition after Reynolds American Inc., the second-biggest cigarette maker, agreed to buy rival Lorillard Inc. for about $25 billion, bringing their Newport and Camel brands under one roof to challenge th
Business Week/Bloomberg
added Jul 22, 2014 12:46
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Judge says FDA can't use advisory panel's 2011 report on menthol cigarettes, citing conflicts

While the agency has since conducted an independent review on the public health impact of menthol cigarettes, the ruling could hinder the FDA's ability to defend any future regulation of the minty smokes. U.S. District Court Judge Richard Leon in Washin
Columbus (IN) Republic
added Jul 21, 2014 23:21
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Lorillard Wins Ruling on Tobacco Panel Conflicts

Lorillard Inc. and R.J. Reynolds Tobacco Co. (RAI) won a court ruling that members of a U.S. advisory board on tobacco had conflicts of interest, leading the judge to order the panel reconstituted and to bar use of its report on menthol ...Leon said
Bloomberg News
added Jul 21, 2014 20:32
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Why Big Tobacco Shrugs at a $24 Billion Verdict

Meanwhile, Reynolds, the No. 2 manufacturer, agreed this month to buy Lorillard (LO), the No. 3 competitor, for $25 billion. The savvy financial engineers behind that deal clearly see at least a short- and medium-term future of profitability in cigarette
Business Week/Bloomberg
added Jul 21, 2014 13:17
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