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Headlines Tagged with Universal Corp 257 headlines found

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[USA] Universal Corporation Announces Agreement with Philip Morris International Inc. to Supply U.S. Tobaccos

will increase its direct purchases of flue-cured and burley tobaccos, expanding its support of United States tobacco growers, as part of a new leaf supply agreement with Philip Morris International Inc. ("PMI"). PMI's decision to adopt a new leaf buying m
PR Newswire
added Nov 8, 2014 14:39
2 Views

Universal Corporation Announces 44th Annual Increase in Dividends

Mr. Freeman noted, "This is our 44th consecutive annual dividend increase. We are pleased to continue our strong record of providing value to our shareholders through the return of our earnings and cash flow while carefully managing our balance sheet."
PR Newswire
added Nov 8, 2014 14:36
1 View

Universal Corporation Reports Six-Month Results

Mr. Freeman stated, "Our results continue to be impacted by an oversupply in tobacco leaf markets and the effects of softer demand from our customers. As is typical under these conditions, markets have developed slowly in some origins, with a later start
PR Newswire
added Nov 8, 2014 14:36
16 Views

Overseas Marlboro maker Philip Morris to buy US tobacco from 3rd party, not farmers

The move will also require the leaf suppliers to adhere to Philip Morris International's policies that prohibit workers under 18 from some of the most hazardous tasks, including harvesting tobacco. The company does allow children to work with seedlings o
AP - Associated Press
added Nov 6, 2014 17:35
22 Views

Philip Morris International: New US tobacco deal

Philip Morris International Inc. announced Wednesday that it is partnering with two U.S. tobacco leaf suppliers to buy its tobacco rather than working directly with farmers.
AP - Associated Press
added Nov 6, 2014 10:38
36 Views

US: Tobacco Giant's Move Could Reduce Child Labor

will begin buying US-grown tobacco exclusively through third-party leaf supply companies, rather than directly from tobacco farmers. This change will require the world’s largest tobacco leaf suppliers – Alliance One International and Universal Corporation
Human Rights Watch
added Nov 5, 2014 11:26
6 Views

Universal Corporation Announcement

"We note the recent activity in the Company's common stock during this week. Subsequent to the release of our quarterly earnings last month, we have not issued any release, and we are not aware of any other such release that would have resulted in this w
PR Newswire
added Sep 19, 2014 14:54
2 Views

Universal Corporation Announces Quarterly Dividends

Board of Directors declared a quarterly dividend of fifty-one cents ($0.51) per share on the common shares of the Company, payable November 10, 2014, to common shareholders of record at the close of business on October 14, 2014.
PR Newswire
added Aug 8, 2014 11:45
9 Views

[Europe, Italy] Deltafina Can't Snuff Out EU's $40M Tobacco Cartel Fine ($$)

Europe's highest court on Thursday denied tobacco processor Deltafina SpA's bid to undo a €30 million ($40.6 million) cartel fine, backing a landmark ruling that whistleblowers will not receive immunity from the European Commission without strict adherenc
Law360
added Jun 12, 2014 21:12
19 Views

Malawi President Annuls Election Due to ‘Rampant Irregularities’

The country is Africa’s top exporter of burley tobacco, a low-grade variety of the crop. Limbe Leaf Tobacco Co., a unit of U.S.- based Universal Corp., Alliance One International Inc. and Japan Topics Tobacco Inc. are among buyers in the nation.
Bloomberg News
added May 25, 2014 16:32
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