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Headlines Tagged with Lorillard 1,727 headlines found

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Reynolds American's Bid For Lorillard: Shareholder Value Up In Smoke?

Reynolds is also selling businesses at lower multiples than what they're paying for Newport as well as issuing shares in own their company at a lower multiple we feel the Reynolds/Lorillard deal looks dangerously similar to the pitfalls of the Kraft/Cadbu
Seeking Alpha blog network
added Nov 5, 2014 11:19
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[Florida] Punitive damages upheld in Miami-Dade County smoker case

Pointing to decades of efforts by the tobacco industry to mislead the public, a state appeals court Wednesday upheld a $25 million punitive-damages award against Lorillard Tobacco Co. The 3rd District Court of Appeal also said Lorillard should pay $8 mil
Palm Beach (FL) Post
added Sep 5, 2013 06:56
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[Florida] Appeals Court Overturns Verdict In Smoker's Death

A three-judge panel ruled in favor of R.J. Reynolds Tobacco Co. and Lorillard Tobacco Co. and ordered a new trial in the Palm Beach County case filed by Kathleen Gafney, the widow of smoker Frank Gafney.
WUSF (Tampa Bay, FL)
added Mar 25, 2016 13:11
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[North Carolina] ITG Brands begins layoffs; 20 salaried employees cut in Greensboro

"When the reciprocal manufacturing agreement we have with Reynolds winds down, production will be further reduced," ITG said Feb. 17. Newport's cigarette volume was 32.9 billion sticks in fiscal 2014. By comparison, the cigarette volume of the four tradi
Winston-Salem (NC) Journal
added Mar 18, 2016 20:09
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[Florida] Engle Progeny Review for the Week of September 8

Ellis v. R.J. Reynolds... The six-member panel ultimately rejected the contention that Owens was addicted to cigarettes and that it led to her cancer.... Morse v. R.J. Reynolds Tobacco Opening statements are expected Monday morning in the retrial of this
Courtroom View Network (CVN)
added Sep 13, 2014 05:58
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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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[New York] Judge Allows Cigarette-Related Lawsuit to Proceed

Supreme Court Justice Sherry Heitler ... said that the 82-year-old plaintiff, Gladys Correnti, had adequately pleaded fraud and negligent misrepresentation against the filter maker, Hollingsworth & Vose Co. She also ruled that there were issues of fact as
New York Law Journal
added Mar 13, 2014 17:57
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Lorillard profit down 8.8% on legal costs

third-quarter earnings fell 8.8% as legal costs weighed on the bottom line, though core results strengthened on higher volumes for traditional cigarettes and increased demand for e-cigarettes.
CBS MarketWatch
added Oct 23, 2013 13:07
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[North Carolina] Can Imperial compete with Reynolds and Altria? For Greensboro’s sake, it better

in her written dissent, FTC Commissioner Linda Brill also laid out the perils...Imperial is getting only Reynolds' and Lorillard’s weakest brands — including Winston, Kool, Salem and Maverick--while Reynolds gets Newport, the top-selling menthol cigarette
Business Journal of the Greater Triad Area
added Jun 10, 2015 11:42
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[North Carolina] Imperial Tobacco revenue off 4 percent, company confident of deal

is a key third-party participant in Reynolds American Inc.’s $27.4 billion offer to buy Lorillard Inc., essentially to acquire the Newport traditional cigarette menthol brand. Imperial has agreed to pay Reynolds $7.1 billion for Lorillard’s operations in
Winston-Salem (NC) Journal
added May 7, 2015 13:35
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