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Philip Morris to build smoke-free product facility in Germany

Monday, 19 Jun 2017 08:30am EDT

June 19 (Reuters) - Philip Morris International Inc ::Philip Morris International Inc - plans to invest approximately USD 320 million in a new high-tech facility in Dresden, Germany, to produce Heets.Philip Morris International Inc - construction of 80,000 m2 facility is scheduled to begin in late 2017.Philip Morris International Inc - once fully operational in early 2019, factory is expected to employ about 500 people.Philip Morris - new high-tech facility in Dresden, Germany, to produce Heets, tobacco units to be used with electronic tobacco heating device Iqos.

Alliance One International reports Q4 loss per share $0.03

Wednesday, 14 Jun 2017 04:05pm EDT

June 14 (Reuters) - Alliance One International Inc : :Alliance One International reports fiscal year 2017 and fourth quarter results.Q4 loss per share $0.03.Q4 sales fell 16.7 percent to $609.7 million.Alliance One International Inc says FY sales are anticipated to be in a range of approximately $1,900.0 million to $2,000 million.Alliance One International Inc sees FY 2018 adjusted EBITDA in a range of approximately $165.0-$185.0 million.Alliance One International- looking to FY 2018, global market conditions are positive, conditions should result in increased crop sizes in Brazil, Argentina.

Reynolds American, BAT, Batus and Merger Sub enters into an amendment

Thursday, 8 Jun 2017 05:08pm EDT

June 8 (Reuters) - British American Tobacco Plc :Reynolds American says ‍on June 8, 2017, RAI, BAT, Batus and Merger Sub entered into amendment to agreement and plan of merger - SEC filing​.‍Upon deal close, restated articles of incorporation of RAI to be amended for minimum of 1 director instead of minimum of 9 directors.‍Amendment provides that bat will provide written instruction to cause ads of BAT to be issued as stock portion of merger consideration.

Essentra sells packaging site in Bristol

Tuesday, 6 Jun 2017 05:17am EDT

June 6 (Reuters) - Essentra Plc ::Divestment of consumer packaging site in Bristol.‍Announces divestment of its consumer packaging site in Bristol, UK to Broomco (4294) Limited, an affiliate of euro packaging, for an undisclosed consideration​.‍transaction will be immediately earnings accretive to company​.Net proceeds therefrom are expected to have an immaterial impact on company's net debt position.

RAI post-acquisition leadership team announced

Tuesday, 30 May 2017 04:19pm EDT

May 30 (Reuters) - Reynolds American Inc :Acquisition leadership team announced.Debra Crew will remain as president and CEO of RAI.‍Andrew Gilchrist, currently EVP and CFO of RAI, indicated that, in event of completion of proposed deal, he intends to resign.Gilchrist's replacement will be named in future, and will report to Crew.‍Rai continues to expect the BAT transaction to be completed in Q3 of 2017​.‍Should acquisition be successfully completed, majority of RAI and its subsidiaries' senior executives will remain with RAI companies​.

Godfrey Phillips India March-qtr profit rises

Tuesday, 30 May 2017 05:49am EDT

May 30 (Reuters) - Godfrey Phillips India Ltd ::March quarter profit for the period 558.3 million rupees versus profit 474.9 million rupees year ago.March quarter total income 13.50 billion rupees versus 11.91 billion rupees year ago.Recommended dividend of 8 rupees per share.

India's ITC Ltd March-qtr profit up 12 pct

Friday, 26 May 2017 05:49am EDT

May 26 (Reuters) - ITC Ltd :March quarter profit 26.69 billion rupees.Consensus forecast for March quarter net profit was 27.06 billion rupees.March quarter total income 154.11 billion rupees.Profit in March quarter last year was 23.81 billion rupees as per Ind-AS; total income was 145.10 billion rupees .Recommended dividend of 4.75 rupees per share.

ITC Ltd March-qtr profit rises about 1 pct

Friday, 26 May 2017 05:25am EDT

May 26 (Reuters) - ITC Ltd ::Recommended dividend of 4.75 rupees per share.March quarter profit 26.69 billion rupees.ITC Ltd consensus forecast for March quarter net profit was 27.06 billion rupees.March quarter total income 154.11 billion rupees.Profit in March quarter last year was 26.47 billion rupees as per IND-AS; total income was 142.58 billion rupees.

Scandinavian Tobacco Group: Skandinavisk Holding buys 33.1 million shares in company

Monday, 22 May 2017 07:15am EDT

May 22 (Reuters) - SCANDINAVIAN TOBACCO GROUP A/S :SKANDINAVISK HOLDING A/S HAS ACQUIRED 33.1 MILLION SHARES IN COMPANY, EACH WITH A NOMINAL VALUE OF DKK 1.AFTER TRANSACTION, SKANDINAVISK HOLDING OWNS 33.07% OF TOTAL SHARE CAPITAL IN COMPANY.

Altria reaffirms 2017 adj EPS guidance

Thursday, 18 May 2017 02:15pm EDT

May 18 (Reuters) - Altria Group Inc :Altria group inc says declares regular quarterly dividend of $0.61 per share.Altria group inc - reaffirmed altria's guidance for 2017 full-year adjusted diluted earnings per share.Fy2017 earnings per share view $3.28 -- Thomson Reuters I/B/E/S.

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