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Golden Tobacco says DGCEI imposed penalty of 290 mln rupees on co

Tuesday, 16 May 2017 08:10am EDT

May 16 (Reuters) - Golden Tobacco Ltd :Directorate General of Central Excise Intelligence (Adjudication), in matter of KCL, Kanpur imposed a penalty of INR 290 million to co.Says is in process of taking legal action in regard to penalty.

Turning Point Brands posts Q1 earnings per share $0.10

Thursday, 11 May 2017 06:50am EDT

May 11 (Reuters) - Turning Point Brands Inc :Turning Point Brands Inc reports first quarter 2017 results.Q1 earnings per share $0.10.Q1 sales rose 33.9 percent to $66.8 million.Turning point brands inc - Pennsylvania implemented a $0.55 per ounce excise tax on smokeless products effective October 1, 2016.Turning Point Brands Inc - impact of Pennsylvania tax increase on trade volumes in quarter was material to TPB.

Vector Group Q1 loss per share $0.03

Friday, 5 May 2017 06:00am EDT

May 5 (Reuters) - Vector Group Ltd :Vector group reports first quarter 2017 financial results.Q1 loss per share $0.03.Q1 revenue $415.2 million.Adjusted net income was $18.4 million or $0.14 per diluted share for q1 of 2017.

Reynolds American says Susan Cameron elected non-executive chairman

Thursday, 4 May 2017 10:18am EDT

May 4 (Reuters) - Reynolds American Inc :Susan Cameron elected non-executive chairman.Board elected Cameron as non-executive chairman, effective May 1, 2017; Cameron has served as executive chairman since Jan. 1, 2017.Declared a quarterly cash dividend on the company’s common stock of $0.51 per share.

Reynolds American reports Q1 EPS of $0.55

Wednesday, 3 May 2017 07:03am EDT

May 3 (Reuters) - Reynolds American Inc ::Reported EPS first quarter at $0.55.First quarter adjusted EPS $0.56.Qtrly net sales $2,949 million versus $2,917 million.Proposed RAI/BAT transaction obtained U.S. and Japan antitrust approvals; closing still expected to be in third quarter of 2017.Q1 earnings per share view $0.57, revenue view $3.03 billion -- Thomson Reuters I/B/E/S.Industry cigarette volume was down 3.1 percent in the first quarter.Total first-quarter domestic cigarette volumes for RAI's operating companies decreased 4.4 percent from the prior-year quarter.

Imperial exec sees opportunities for m&a in us vapor market but trick is finding the brand whose technology is original

Wednesday, 3 May 2017 05:47am EDT

Imperial Brands Plc :Imperial brands cfo says translational benefits should add 9 percent to full-year earnings at current spot rates.Imperial brands cfo says expects foreign exchange markets to remain highly volatile in near term, such as in uk due to election.Imperial brands ceo says has seen a stronger reaction than expected in germany to eu pack regulations.Imperial brands executive says still sees more opportunity in vapour, rather than heated tobacco but if had to change mind, can make a move in number of months.Imperial exec sees opportunities for m&a in us vapor market but trick is finding the brand whose technology is original.

Altria Group Q1 revenue $6.1 bln

Tuesday, 2 May 2017 07:00am EDT

May 2 (Reuters) - Altria Group Inc :Altria reports 2017 first-quarter results and reaffirms full-year earnings guidance.Q1 adjusted earnings per share $0.73 excluding items.Q1 earnings per share $0.72.Q1 earnings per share view $0.74 -- Thomson Reuters I/B/E/S.Reaffirms fy 2017 adjusted earnings per share view $3.26 to $3.32.Q1 revenue $6.1 billion.Q1 revenue view $4.64 billion -- Thomson Reuters I/B/E/S.Altria group -in january 2017, u.s. Smokeless tobacco company llc voluntarily recalled certain smokeless tobacco products manufactured at franklin park, illinois facility.Altria group - says continues to expect higher adjusted diluted eps growth in second half of year compared to first half driven by various factors.Altria group inc says usstc has concluded recall and is completing its replenishment of trade inventories.FY 2017 earnings per share view $3.29, revenue view $19.78 billion -- Thomson Reuters I/B/E/S.Altria -usstc estimates recall-related costs, share impact from recall reduced smokeless products segment adjusted operating companies income by about $60 million in quarter.Altria -facilities consolidation previously announced expected to be completed by q1 of 2018 and deliver about $50 million in annualized cost savings by end of 2018.

Karelia Tobacco Company Inc SA FY 2016 net profit up at EUR 62.4 mln

Friday, 28 Apr 2017 11:44am EDT

April 28 (Reuters) - Karelia Tobacco Company Inc SA :FY 2016 turnover at 876.0 million euros ($955.89 million)versus 836.9 million euros year ago.Net cash on Dec. 31, 2016, at 56.5 million euros versus 115.1 million euros year ago.FY 2016 net profit at 62.4 million euros versus 53.9 million euros year ago.FY 2016 EBITDA at 91.5 million euros versus 80.2 million euros year ago.


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