Two of the biggest American tobacco companies said Friday that they were in talks to merge - a move to cut costs and shore up profits as the number of smokers shrinks. A deal between the ...
Reynolds American Inc. has announced plans to buy Triad-based rival Lorillard Inc. for $27.4 billion and sell some assets from both companies to a third party.The deal announced just after 7 a.m.
SILVER SPRING, Md./NEW YORK (Reuters) - The worst fears were lifted for Newport maker Lorillard Inc on Friday as a report said more research was needed as the U.S. government considers whether to ban ...
Lorillard (NYSE:LO) revealed a 17% increase in third-quarter profits on Monday, sending the cigarette maker’s stock 3% higher to 52-week highs. The Greensboro, N.C.-based maker of Newport cigarettes ...
GREENSBORO, N.C. -- A customer's complaint about a pack of Newports has landed a Greensboro, N.C., convenience store in federal court, where Lorillard Inc., the country's third-largest cigarette maker ...
Tobacco companies are highly sought after by income investors for their high dividend yields. Tobacco stocks like Lorillard operate profitable businesses with low capital requirements. This allows ...
Altria and Lorillard are, respectively, the largest and smallest domestic publicly traded tobacco companies. However, they are two completely different companies. On one hand, Lorillard, although the ...
It's been a big year for Lorillard . The company has made a series of strategic moves during the past 12 months to shift its business toward high-growth businesses, in response to a tough environment ...
Lorillard Tobacco Co. sued an anti-tobacco group, saying it violated a 1998 settlement by running “vilifying” advertisements that improperly attack tobacco companies. The Loews Corp. unit claims the ...
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