United States

Eastern Co (EML.OQ)

EML.OQ on NASDAQ Stock Exchange Global Market

19 Sep 2017
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$-0.30 (-1.12%)
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Thu, Aug 3 2017

BRIEF-Eastern Co reports Q2 earnings per share of $0.23

* Q2 adjusted earnings per share $0.48 Source text for Eikon: Further company coverage:

Egypt's Eastern Co raises cigarette prices on higher import costs

CAIRO, July 12 Egypt's top cigarette maker Eastern Co raised the prices of some of its popular cheap cigarettes on Wednesday because of increasing production costs, Chairman Mohammed Othman Haroun told Reuters.

BRIEF-Eastern Co updates on cigarettes production deal with Philip Morris

* To produce cigarettes for Philip Morris at $5.8 per 1,000 cigarettes upto less than 15 billion cigarettes

BRIEF-The Eastern Company reports Q1 earnings per share $0.24

* Reports first quarter sales increase of 9% and earnings of $0.24 per share versus $0.10 per share in the first quarter of 2016

BRIEF-Egypt's Eastern Co to launch new cigarette brand

* To launch new cigarette brand 'cleopatra box gold' at a consumer price of EGP 12.75 Source: (http://bit.ly/2oOHsUw) Further company coverage: )

BRIEF-Egypt's Eastern co needs upto $300 mln per annum to buy raw materials and spare parts

* Says needs upto $300 million per annum to buy raw materials and spare parts Source:(http://bit.ly/2oQZng7) Further company coverage:

BRIEF-Eastern to acquire Velvac for $39.5 mln

* Eastern CO - deal for $39.5 million plus future earnout based on growth of velvac's road-iq(tm) business

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