Search results
Results from the WOW.Com Content Network
The Lorillard hogshead in 1789 featuring a Native American smoking Lorillard Snuff Mill, built 1840, photo 1936. The company was founded by Pierre Abraham Lorillard in 1760. In 1899, the American Tobacco Company organized a New Jersey corporation called the Continental Tobacco Company, which took a controlling interest in many small tobacco companies. [4]
The brothers soon diversified the Loews business, successfully venturing into a variety of areas as the 1960s and 1970s progressed. Loews acquired Lorillard Tobacco Company in 1968, CNA Financial in 1974, and the Bulova Watch Company in 1979. Through acquisitions, Loews's revenues grew from $100 million in 1970 to more than $3 billion by a ...
Imperial Brands is listed on the London Stock Exchange and is a constituent of the FTSE 100 ... North Carolina–based Lorillard Tobacco Company, for $27.4 ...
With Lorillard showing consistent growth on its top and bottom lines while delivering a generous yield, it might be difficult to imagine the stock being an unsafe investment. For now, all remains ...
Cigarette maker Lorillard (NYS: LO) reported an 18% jump in its second-quarter earnings on the back of higher sales of its Newport and Maverick brands. However, the company warned that its third ...
Lorillard will release its quarterly report on Thursday, and until recently, investors had been very optimistic about the company's long-term prospects, bidding the shares up to all-time highs ...
In 2015, the R.J. Reynolds Tobacco Company acquired Newport and the entire Lorillard Tobacco Company for $27.4 billion. [6] [7] Until June 2016, ITG Brands continued to make Newports for Reynolds in the former Lorillard plant in Greensboro, North Carolina. [8]
The sale of menthol products and the health risks these products pose have been taboo subjects in the tobacco industry for some time now. However, the issue could soon be resolved as the FDA is in.