Reynolds American (RAI) shareholders today approved two proposals related to the company’s anticipated acquisition of Lorillard—the issuance of RAI common stock to shareholders of Lorillard and the issuance of RAI common stock to Read More
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Skycig, the Scottish e-cigarette company that was acquired by Lorillard in October, has appointed Bruce Casely as its chief financial officer. Casely is the former finance chief of U.S. online advertising firm Digital Globe Read More
Lorillard’s first-quarter profit jumped 47 percent as higher prices, e-cigarette sales and lower legal expenses from a longstanding legal settlement offset a decline in traditional cigarette sales. The nation’s third-biggest tobacco company on Wednesday Read More
The legality of placing graphic warnings on cigarette packages appears to have been settled when the U.S. Supreme Court declined today to hear an appeal on the labels from a group of tobacco manufacturers, Read More
When the three major U.S. tobacco companies report their first-quarter results this week, investors can find comfort in two themes that have remained consistent for years: Cigarette volumes will fall, but profits will rise, Read More
The future of U.S. tobacco manufacturer Lorillard hangs in the balance while the government decides whether to ban menthol. By Brandy Brinson This month is critical to the future of Lorillard Inc., Read More