Carolina Group 4Q Profit Shrinks
NEW YORK (AP) -- Carolina Group's profit shrank 6 percent in the fourth quarter,cigarettes because of costs stemming from lawsuits over tobacco, the cigarette maker said Monday. Carolina Group earned $206 million, or $1.18 per share, in the fourth quarter, compared with profit of $220 million, or $1.26 per share, in the fourth quarter of 2006. Carolina Grou...
Reynolds American Subsidiary to Receive Payment Following Gallaher Joint-Venture Termination
WINSTON-SALEM, N.C., Feb. 21 /PRNewswire-FirstCall/ -- Reynolds American Inc. (NYSE: RAI - News) announced today that R.J. Reynolds Cigarettes, Tobacco C.V. (RJRTCV), an indirect wholly owned subsidiary of RAI, will receive a payment of euro 265.0 million (approximately $387.6 million) from Gallaher Limited (Gallaher), a JT International (JTI) Group company, r...
Reynolds American to Webcast Presentation at CAGNY Conference
WINSTON-SALEM, N.C., Feb. 14 /PRNewswire-FirstCall/ -- Reynolds American Inc. (NYSE: RAI - News) will webcast its presentation at thischeap cigarettes year's Consumer Analyst Group of New York (CAGNY) conference on Thursday, Feb. 21, 2008, at 3:45 p.m. Eastern Time.Ivey, RAI's chairman, president and chief executive officer, will discuss RAI's performance and g...
Loews Corporation Announces Quarterly Dividend on Carolina Group Stock
NEW YORK--(BUSINESS WIRE)--Loews Corporation (NYSE:LTR;CG) cheap cigarettesannounced today the declaration of a quarterly dividend on its Carolina Group stock, in the amount of $0.455 per share, payable March 14, 2008 to shareholders of record as of March 3, 2008.The Company also stated that concurrently with the declaration of the dividend on Carolina Group st...
An Antismoking 'Call to Action'
A new World Health Organization study calls for regulation,cheap cigarettes education, and taxation to combat rising smoking rates in the developing world Smoking may be on the decline in the U.S., but globally the habit is still on the rise. That's one of the main takeaways from a new report by the World Health Organization. The data-packed report outlines the...
Loews Corporation Announces Quarterly Dividend on Carolina Group Stock
NEW YORK--(BUSINESS WIRE)--Loews Corporation (NYSE:LTR;CG) announced today the declaration of a quarterly dividend on its Carolina Group stock, in the amount of $0.455 per share, payable September 13, 2007 to shareholders of record as of September 4, 2007. The Company also stated that concurrently with the declaration of the dividend on Carolina Group stock, appr...
Kraft 2Q Profits Rise
Maker of Maxwell House Coffee, Oscar Mayer Meats Says 2Q Profit Rises, Revenue Improves CHICAGO (AP) -- Kraft Foods Inc. said its second-quarter profit rose 3.7 percent Wednesday thanks to higher sales and lower restructuring charges, but warned that its profit margins could slip during the second half of the year. Chief Executive Irene Rosenfeld said the worl...
British American Tobacco make 34 milion pounds profit in last thre month
British American Tobacco maker of Lucky Strike, Kent, Dunhill and Pall Mall cigarettes said net profit for the three months ended June 30 was 584 million pounds ($1.2 billion), up from 549 million pounds a year ago. British American Tobacco PLC posted a 6 percent increase in second-quarter net profit on Thursday, but cautioned that growth in the second h...
Reynolds American Board boosts dividend by more than 13 percent
Reynolds American Board boosts dividend by more than 13 percent WINSTON-SALEM, N.C. – July 25, 2007 – Reynolds American Inc. (NYSE: RAI) announced a 13.3 percent increase in the company’s quarterly cash dividend. The new quarterly dividend is $0.85 per common share, or $3.40 on an annualized basis. It ...
Reynolds Paid Lobbyist $60K in 2007
Reynolds American Paid Welch Resources $60,000 in of 2007 to Lobby Government WASHINGTON (AP) -- Cigarette maker Reynolds American Inc. paid Welch Resources $60,000 in 2007 to monitor federal legislation affecting the tobacco industry, according to a disclosure form. ADVERTISEMENT One proposed bill -- which the Senate Health Committee will debate ...