Tag Archives: Lorillard Tobacco

Lorillard Recalls Certain Packages of Newport Non-Menthol Cigarettes

GREENSBORO, N.C., - Lorillard, Inc., the third largest manufacturer of cigarettes in the United States, today announced that it is voluntarily implementing a precautionary recall of certain non-menthol-newport.

Lorillard Raises prices on Newport brands

NEW YORK - Lorillard Inc. has instituted a cigarette price increase, according to a research note issued by Bonnie Herzog. “Lorillard led a cigarette price increase of five cents per pack on Newport Menthol, 11 cents per pack on Newport Non-Menthol and eight cents per pack on its other brands, but no increase on Maverick,” the New York City-based Wells Fargo Securities LLC managing director of beverage, tobacco and consumer research said.

Lorillard Not Straying Far From Cigarettes

NEW YORK—Lorillard Co. will work to keep its market leadership in menthol cigarettes while expanding into other cigarette segments but it won’t overwhelmingly change its strategy, the company said after conducting a months-long operational review.

Former Lorillard CEO Orlowsky Made $18.8M in 2010

Lorillard Inc., the nation’s third-largest tobacco company, gave its former CEO, Martin Orlowsky, a 2010 pay package worth more money cigarettethan $18.8 million for fiscal 2010, up more than 90 percent from fiscal 2009, according to an Associated Press analysis of a regulatory filing the company made Wednesday.

Big Tobacco to FDA Advisory Committee Conclusions

Lorillard, Inc., the third largest manufacturer of cigarettes in the United States, announced its response to the conclusions reached at today’s meeting of the Tobacco Products Scientific Advisory Committee (TPSAC).

Strategies To Exploit Uncertainty in Tobacco

After taking control of tobacco regulation in 2009, the U.S. Food and Drug Administration (FDA) is investigating the use of menthol in cigarettes. Its tobacco panel, the Tobacco Products Scientific Advisory Committee (TPSAC) is due to report its findings by March 23, 2011, and the FDA will issue a binding ruling after that. We envision three ultimate outcomes: menthol is banned (6% probability); no action is taken against menthol (16% probability); no ban, but tighter regulation (78% probability).

RJ Reynolds and Lorillard sue FDA

The major U.S. tobacco companies, Lorillard Inc. and RJ Reynolds Tobacco have filed lawsuits accusing two federal bodies, including the FDA of menthol cigaretteshiring members of tobacco advisory committee that have conflict of interests. The suit filed to the District of Columbia Court as well includes Department of Health and Human Services, together with its executives and the director of the Food And Drug Administration’s Center of Tobacco products.

Lorillrd Fights to Snuff Menthol Ban

Lorillard Inc., maker of the U.S.’s leading menthol cigarette brand, is engaged in a fierce battle to prevent the Food and Drug Newport cigarettesAdministration from banning a product that accounts for roughly 90% of its sales.

Warning Against Menthol Cigarettes Ban

Newport menthol cigarettesSILVER SPRINGS, Md. — The majority of speakers at a public hearing on menthol cigarettes had a consistent message: Banning menthol would likely lead to a black market.