Tobacco News

It shouldn't be shocking news to the community that R.J. Reynolds Tobacco Co.'s local workforce is shrinking yet again.

Art lovers waiting to get into the R.J. Reynolds art sale at the Milton Rhodes Center watch an early bird carry away his prize.

Philip Morris International Inc. rose to the highest since its spinoff by Altria Group Inc.

Morgan Stanley upped their earnings per share estimates on shares of Philip Morris in a research note issued on Friday.

R.J. Reynolds Tobacco Co.'s 7,000-piece collection of artwork, pottery, books, antiques and collectibles from its offices all over the world is going on sale.

I support the proposal that Penford purchase park land from the city and expand its manufacturing facility for fermentation products.

Cigarette maker Philip Morris International says its fourth-quarter net income grew nearly 8 percent as it commanded higher prices for its brands.

NEW YORK - Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Pepsico Inc., down $2.47 at $64.27 The maker of Pepsi soda and Doritos chips plans to cut 8,700 jobs to offset high commodity costs and increase advertising spending.

Lorillard Inc.'s fourth-quarter earnings jumped 20% as the cigarette maker Thursday reported higher shipments on gains for the Newport and Maverick brands.

Star Scientific , Inc. Release: Rock Creek Pharmaceuticals Announces Initiation of Second Multi-Site Clinical Trial; Protocol to Study an Anatabloc Formulation and Thyroid Health Star Scientific subsidiary, Rock Creek Pharmaceuticals, is pleased to announce IRB approval, and successful identification and selection of five clinical sites in Texas, ... (more)

The news comes as the company is conducting a first-quarter review of its operations in an effort to trim staff among salaried and production employees company-wide through voluntary and involuntary cuts, with a first phase of cuts coming this week.

Possession of more than 25 cartons of cigarettes with intent to distribute them would become illegal in Virginia under legislation moving through the General Assembly.

Altria Group has offices in WestMark One, left. The Henrico County-based tobacco company expects to complete its move out by mid-2012. Altria Group Inc.

This pair of equestrian statues, seen displayed at the Milton Rhodes Center, Wed., Feb.

Japan Tobacco Inc. may buy back shares to help narrow a gap in earnings-per-share growth with rivals including Philip Morris International Inc.

S&P 500 component Reynolds American Inc. reported its results for the fourth quarter.

Reynolds American Inc.'s fourth-quarter earnings rose 16% though declining cigarette volume contributed to the tobacco company's lower-than-expected revenue.

Imperial Tobacco has been hit by a combination of new anti-smoking regulations, increased competition and tough conditions for consumers.

Australia's government claims in court filings that it has the legal right to enforce plain packaging on the tobacco industry, setting up what's likely to be prolonged legal battle with the world's largest cigarette makers.

Some workers at Reynolds American will be looking for new jobs after being laid off Tuesday, according to several employees affected by the layoffs.