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Cigarettes
$175 million write-down reflects status of Kool (at Winston-Salem Journal)
Fri, 10 Oct 2008 00:00:00 Etc/GMT
Reynolds America sees $175M 3Q charge for Kool (AP)
Thu, 9 Oct 2008 21:22:07 Etc/GMT
Reynolds American Inc. said Thursday it will record a $175 million charge in the third quarter to reflect the declining value of its Kool brand of cigarettes.
Change in Focus for Kool Triggers R.J. Reynolds Charge (PR Newswire)
Thu, 9 Oct 2008 20:10:00 Etc/GMT
SALEM, N.C., Oct. 9 /PRNewswire-FirstCall/ -- Reynolds American Inc. said today that its R.J. Reynolds Tobacco Company subsidiary will record a third-quarter pre-tax non-cash charge of approximately $175 million associated with the lower trademark value of its Kool cigarette brand.
Altria to Host Webcast of 2008 Third-Quarter Results (Business Wire)
Thu, 9 Oct 2008 14:10:00 Etc/GMT
RICHMOND, Va.----Altria Group, Inc. will host a live audio webcast on Thursday, October 23, 2008 at 9:00 a.m. Eastern Time to discuss 2008 third-quarter business results. The business results will be issued by means of a press release at approximately 7:00 a.m.
Tobacco Stocks: Not for the Nervous Investor (at TheStreet.com)
Thu, 9 Oct 2008 13:01:09 Etc/GMT
Civil trial under way in suit over advertising (AP)
Thu, 9 Oct 2008 12:00:58 Etc/GMT
An expert on smoking and health said Wednesday that R.J. Reynolds relied on suspect data to support its claim that smokers of its Eclipse cigarettes may face less risk than smokers of conventional ones.
RAI to Webcast Third-Quarter 2008 Earnings Conference Call (PR Newswire)
Wed, 8 Oct 2008 18:28:00 Etc/GMT
SALEM, N.C., Oct. 8 /PRNewswire-FirstCall/ -- Reynolds American Inc. will webcast its conference call following the release of third-quarter 2008 financial results on Wednesday, Oct. 22, 2008.
Analyst: Expect 'challenging' quarter at Reynolds (AP)
Tue, 7 Oct 2008 18:53:00 Etc/GMT
A Barclays Capital analyst says Reynolds American Inc., the nation's second-biggest cigarette maker, is expected to report results from a "challenging" third quarter.
Oversold? The Case for a Rally (TheStreet.com TV)
Tue, 7 Oct 2008 18:52:43 Etc/GMT
http://us.news2.yimg.com/us.yimg.com/p/fi/18/70/60.jpg
/yfinance/tscm/strategysession/10440949
http://www.thestreet.com/
Analyst: Philip Morris Int'l to post 'solid' gain (AP)
Tue, 7 Oct 2008 18:44:03 Etc/GMT
A Barclays Capital analyst said Tuesday he expected Philip Morris International, seller of Marlboro cigarettes overseas, to post better-than-expected third-quarter results.
Reynolds American to vacate historic NC building (AP)
Tue, 7 Oct 2008 11:52:40 Etc/GMT
Reynolds American Inc. plans to vacate the historic Reynolds Building in less than two years and move all employees to its larger building next door in Winston-Salem.
R.J. Reynolds building move adds empty space (at Winston-Salem Journal)
Tue, 7 Oct 2008 00:00:00 Etc/GMT
Reynolds Building to be vacated (at bizjournals.com)
Mon, 6 Oct 2008 20:55:07 Etc/GMT
Cigarette suit first up in new court term Monday (AP)
Mon, 6 Oct 2008 19:39:30 Etc/GMT
The Supreme Court opened its new term Monday suggesting it would side with tobacco companies in their fight to block lawsuits over deceptive marketing of "light" cigarettes.
[video] Oversold? The Case for a Rally (at TheStreet.com)
Mon, 6 Oct 2008 17:18:22 Etc/GMT
R.J. Reynolds Tobacco to move out of historic building (at Winston-Salem Journal)
Mon, 6 Oct 2008 00:00:00 Etc/GMT
Altria, UST agree to raise breakup fee to $300M (AP)
Fri, 3 Oct 2008 13:26:54 Etc/GMT
Altria Group Inc. and smokeless-tobacco maker UST Inc. said Friday they agreed to raise the termination fee for UST's pending acquisition to $300 million from $200 million, under certain circumstances.
Altria extends closing date of UST deal to 2009 (at MarketWatch)
Fri, 3 Oct 2008 12:44:46 Etc/GMT
Altria and UST Provide Update on Potential Closing Date of Proposed Acquisition of UST (Business Wire)
Fri, 3 Oct 2008 12:30:00 Etc/GMT
RICHMOND, Va.----Altria Group, Inc. and UST Inc. today announced that the companies have amended the September 7, 2008 agreement pursuant to which Altria has agreed to acquire all outstanding shares of UST.
Peter Brimelow: Don't worry, be Allmon (at MarketWatch)
Thu, 2 Oct 2008 03:27:00 Etc/GMT
J.P. Morgan famously said that the stock market will fluctuate. Growth Stock Outlookâs Charles Allmon notoriously says it will fluctuate down. But heâs being having a good time anyway, especially recently.
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