The heir to the eponymous plastic cup fortune now owns more than 10 percent. Read More
The firm’s decision to start amortizing the value of some brands has spooked investors.Read More
It will start amortizing the remaining value of some U.S. cigarette brands in 2024. Read More
The company plans to use the proceeds to further deleverage its balance sheet.Read More
The company has been seeking financing as it deals with lawsuits related to marketing practices.Read More
Investments in capabilities are paying off, according to CEO Stefan Bomhard. Read More
The company benefitted from larger volumes and higher prices compared with last year’s quarter. Read More
Growth was driven by both combustible cigarettes and tobacco-heating products. Read More
The company anticipates net sales growth to recover in the fourth quarter. Read More
The nation has been struggling with dwindling foreign currency reserves due in part to declining revenue from tobacco exports. Read More
