Turning Point Brands Inc : Announces second quarter and first half 2016 results . Q2 sales rose 7.5 percent to $51.6 million . Additional product introductions will not have a material impact on 2016 . Qtrly earnings per share $0.05 ."Looking forward, some planned product introductions have been slowed for a variety of reasons".
Menlo Therapeutics Inc : Menlo Therapeutics signs exclusive license agreement with Japan Tobacco and Torii Pharmaceuticals for development and commercialization of NK-1 receptor antagonist in Japan . Entered into license agreement with Japan Tobacco Inc. and Torii Pharmaceutical for development,commercialization of serlopitant in Japan .JT,Torii to pay co upfront licensing fees,payments upon achievement of certain milestones, royalties based on future sales in Japan.
Alliance One International Inc : Alliance One International reports improved gross profit and gross profit as percentage of sales in fiscal year 2017 first quarter results . Q1 sales fell 2 percent to $261.1 million . Q1 loss per share $3.54 . Restructuring program on track to deliver over $35.0 million of anticipated recurring annualized savings . Approximately 95.0% of restructuring actions enacted and remainder to be achieved over next 15 months . "anticipate reducing long-term debt by $35.0-$50.0 million per year" .During quarter "we experienced approximately $3.6 million of legal and professional costs associated with kenya matter".
Universal Corp : Universal Corporation reports first quarter results . Q1 loss per share $0.40 . Q1 revenue $295.5 million .Anticipate that fiscal year 2017 will develop similarly to past several fiscal years.
Essentra Plc : Interim dividend 6.3 penceper share . Revenue broadly unchanged at 545m stg, down 7 pct on a like-for-like 1 basis; adjusted operating profit 2 down 18 pct for HY . Half year dividend unchanged at 6.3p per share. . Fy 2016 outlook is for a mid single-digit decline in like-for-like revenue, with adjusted operating profit in range of 155 - 165m stg .Pre-Tax profit - adjusted 63m stg for half year ended 30 June 2016 versus 77m stg half year ended 30 June 2015.
Vector Group Ltd : Qtrly earnings per share $0.20 . Vector Group reports second quarter 2016 financial results . Q2 adjusted earnings per share $0.20 .Q2 revenue $438.3 million.
Altria Reports 2016 Second : Altria estimates total pre-tax restructuring charges in connection with initiative of approximately $140 million . FY2016 earnings per share view $3.06 -- Thomson Reuters I/B/E/S . Quarter and first-half results; raises full-year earnings guidance . Q2 adjusted earnings per share $0.81 excluding items . Q2 earnings per share $0.84 . Q2 revenue $6.5 billion . Q2 revenue view $5.01 billion -- Thomson Reuters I/B/E/S . Q2 earnings per share view $0.80 -- Thomson Reuters I/B/E/S . Continues to expect that its 2016 full-year effective tax rate on operations will be approximately 35.3%. . Altria raises its guidance for 2016 full-year adjusted diluted EPS to a range of $3.01 to $3.07 .During h1 2016, Altria recorded pre-tax charges of $124 million and expects remaining charges to be incurred during balance of 2016.
Eastern Co Sae : 2015-2016 FY net profit of 1.426 billion Egyptian pounds versus 1.272 billion in same period last year -statement .2015-2016 FY revenues of 7.653 billion Egyptian pounds versus 7.058 billion Egyptian pounds.
Indonesia's biggest cigarette maker by market value, PT Hanjaya Mandala Sampoerna Tbk , said in a filing to the stock exchange:Net profit for the first half of 2016 was 6.15 trillion rupiah, up from 5.01 trillion rupiah a year earlier.
Reynolds American Inc : Advisory: RAI reports strong 2Q16 performance; accelerates returns to shareholders . Qtrly reported EPS of $0.56 . Qtrly net sales $3,195 million versus $2,403 million . Q2 earnings per share view $0.61, revenue view $3.26 billion -- Thomson Reuters I/B/E/S . Increases dividend payout target from 75 percent to 80 percent . Industry cigarette volume fell 3.9 percent in Q2, which was negatively impacted by changes to wholesale inventory levels . "Board approved a 9.5 percent increase in its quarterly cash dividend to $0.46 per share" . Qtrly adjusted EPS of $0.58 . Narrows 2016 guidance to adjusted EPS range of $2.26 to $2.34 . Says announces $2.0 billion share repurchase program . FY 2016 earnings per share view $2.35 -- Thomson Reuters I/B/E/S ."RAI's operating companies continued to advance their transforming-tobacco objectives in the second quarter".