(NEW YORK)Philip Morris International Inc. said Wednesday it had completed its buyout of Canadian cigarette maker Rothmans Inc. Philip Morris International said owners of about 47 million sh...READ MORE
(NEW YORK)Reynolds American Inc. and its tobacco unit, R.J. Reynolds, said Tuesday they would cut about 570 jobs, or 10 percent of their American work force, as cigarette sellers prepare to ...READ MORE
(NEW YORK)Altria, the U.S. leader in cigarettes, wants to be No. 1 in smokeless products too. The owner of the nation's biggest cigarette seller said Monday that it will buy UST, the maker o...READ MORE
(NEW YORK)Investors holding stock in cigarette makers on Thursday will be weighing the passage of a House of Representatives bill that will require the U.S. Food and Drug Administration to r...READ MORE
Among the earnings stories for Monday, July 28, from AP Financial News: GREENSBORO, N.C. (AP)--Lorillard Inc. on Monday said it earned a smaller second-quarter profit, as expenses ...READ MORE
(GREENSBORO, N.C.)Lorillard Inc. on Monday said it earned a smaller second-quarter profit, as expenses for its spin-off from Loews Corp. and a higher tax rate crimped the cigarette maker's bottom li...READ MORE
(WASHINGTON)Executives from cigarette maker Lorillard will keep a close eye on Capitol Hill next week as lawmakers consider measures that could threaten sales of its lucrative menthol-flavored...READ MORE