International Business News - Reynolds http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif An analyst at Gabelli & Co. on Tuesday upgraded shares of tobacco maker Reynolds American Inc. to a "Buy" from "Hold," and said the shares were a good value at their current price. http://www.ibtimes.com/articles/20081118/gabelli-analyst-upgrades-reynolds-american.htm Tue, 18 Nov 2008 15:08:20 EST Reynolds American gave details to investors Monday about its latest smokeless tobacco products, saying that it would begin selling Camel brand dissolvable tobacco products in mid- to late January in three trial markets. http://www.ibtimes.com/articles/20081117/reynolds-american-to-sell-dissolvable-tobacco.htm Mon, 17 Nov 2008 11:40:53 EST Tobacco company Star Scientific Inc. said Wednesday that its patent infringement lawsuit against RJ Reynolds Tobacco Co. was sent back to U.S. District Court after an appeals court denied a motion for a rehearing. http://www.ibtimes.com/articles/20081022/star-scientific-case-sent-back-to-district-court.htm Wed, 22 Oct 2008 15:35:35 EDT Reynolds American Inc. said Wednesday its third-quarter profit dropped 41 percent due to hefty restructuring and trademark charges, but the results topped expectations as the tobacco company used higher prices to offset consumption declines. http://www.ibtimes.com/data/articleimgs/157337-earns-reynolds-american.jpg http://www.ibtimes.com/articles/20081022/reynolds-american-3q-profit-falls-41-pct-ups-view.htm http://www.ibtimes.com/articles/20081022/reynolds-american-3q-profit-falls-41-pct-ups-view.htm Wed, 22 Oct 2008 12:39:51 EDT 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. http://www.ibtimes.com/articles/20081009/reynolds-america-sees-175m-3q-charge-for-kool.htm Thu, 09 Oct 2008 17:22:07 EDT 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. http://www.ibtimes.com/articles/20081007/analyst-expect-challenging-quarter-at-reynolds.htm Tue, 07 Oct 2008 14:53:00 EDT 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. http://www.ibtimes.com/articles/20081007/reynolds-american-to-vacate-historic-nc-building.htm Tue, 07 Oct 2008 07:52:40 EDT Nick Reynolds, a founding member of the Kingston Trio who jump-started the revival folk scene of the late 1950s and paved the way for artists such as Bob Dylan and Joan Baez, has died. He was 75. http://www.ibtimes.com/articles/20081002/kingston-trios-nick-reynolds-75-dies-in-sd.htm Thu, 02 Oct 2008 21:19:41 EDT Reynolds American Inc., parent of the nation's second-largest tobacco company, said Tuesday it would cut about 570 jobs, or about 10 percent of the American work force. http://www.ibtimes.com/articles/20080909/details-of-reynolds-americans-restructuring.htm Tue, 09 Sep 2008 16:26:58 EDT Shares of Reynolds American Inc. will likely see heavy trading Tuesday after the nation's second largest tobacco company announced plans to lay off hundreds of workers while changing its menthol cigarette portfolio. http://www.ibtimes.com/articles/20080909/ahead-of-the-bell-reynolds-american-cuts-jobs.htm Tue, 09 Sep 2008 08:49:12 EDT Reynolds American Inc. said Tuesday that it would update its 2008 guidance when it issues third-quarter results later this fall because of its newly announced restructuring efforts. http://www.ibtimes.com/articles/20080909/reynolds-to-update-full-year-outlook.htm Tue, 09 Sep 2008 08:42:12 EDT 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 compete more aggressively for sales of smokeless tobacco products. http://www.ibtimes.com/data/articleimgs/126413-reynolds-american-restructuring.jpg http://www.ibtimes.com/articles/20080909/reynolds-american-to-cut-570-jobs-realign-brands.htm http://www.ibtimes.com/articles/20080909/reynolds-american-to-cut-570-jobs-realign-brands.htm Tue, 09 Sep 2008 20:16:09 EDT Shares of tobacco company Star Scientific Inc. soared Monday afternoon after it said an appeals court ruled in its favor in a patent lawsuit against RJ Reynolds Tobacco Co., the nation's second-biggest tobacco company. http://www.ibtimes.com/articles/20080825/star-scientific-shares-soar-on-legal-ruling.htm Mon, 25 Aug 2008 13:21:08 EDT _ Cigarette company Reynolds American Inc. spent $615,715 in the second quarter to lobby on anti-smoking programs and other issues, according to a recent disclosure report. http://www.ibtimes.com/articles/20080806/reynolds-american-spent-615-715-lobbying-in-2q.htm Wed, 06 Aug 2008 14:55:15 EDT A review of business practices at Reynolds American's headquarters and at its top subsidiary, R.J. Reynolds Tobacco Co., could lead to cuts of salaried employees, a newspaper reported Wednesday. http://www.ibtimes.com/articles/20080806/reynolds-american-could-make-cuts-in-salaried-jobs.htm Wed, 06 Aug 2008 12:08:29 EDT Shares of Reynolds American Inc., the nation's second-biggest tobacco maker, rose more than 6 percent in late morning trading Wednesday, after the company announced its second-quarter profit grew 12.7 percent to beat analyst expectations. http://www.ibtimes.com/articles/20080730/reynolds-american-shares-rise-more-than-6-percent.htm Wed, 30 Jul 2008 11:28:44 EDT Reynolds American Inc., the nation's second-biggest tobacco maker, on Wednesday reaffirmed its outlook for flat full-year profit compared with 2007. In 2007, the company earned $1.31 billion, or $4.43 per share. http://www.ibtimes.com/articles/20080730/reynolds-american-reaffirms-flat-profit-for-2008.htm Wed, 30 Jul 2008 09:34:06 EDT Reynolds American Inc., the nation's second-biggest tobacco maker, said Wednesday that its second-quarter profit rose nearly 13 percent as price increases more than made up for a decline in domestic cigarette demand. http://www.ibtimes.com/articles/20080730/reynolds-american-2q-profit-rises-12-pct-on-prices.htm Wed, 30 Jul 2008 17:28:54 EDT Reynolds American Inc. reports second-quarter results on Wednesday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080729/earnings-preview-reynolds-americans-2q-report.htm Tue, 29 Jul 2008 09:54:50 EDT Tobacco products company Reynolds American Inc. said it will pay a regular quarterly dividend of 85 cents on Oct. 1 for shareholders of record on Sept. 10. http://www.ibtimes.com/articles/20080722/reynolds-american-declares-dividend-of-85-cents.htm Tue, 22 Jul 2008 06:59:50 EDT