LO
Lorillard, Inc.NYSE
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  • Today, 12:57 AM
    • Surging e-cigarette use by young adults is "a major public health concern," according to the U.S. surgeon general, who will recommend increased regulation of the products in a report set to be released today.
    • Those will include higher taxes, raising the minimum age to 21, incorporating e-cigarettes into smoke-free laws and restricting certain marketing efforts.
    • Related tickers: MO, BTI, LO, PM, OTCQB:ECIG, OTCPK:VAPE, OTCPK:HPNN, OTCQB:MCIG, OTCQB:NTRR, OTCPK:VAPR, VPCO, RAI, OTC:AHII
    | Today, 12:57 AM | 43 Comments
  • Thu, Nov. 24, 3:05 AM
    • Its official, China expects to issue a nationwide regulation banning smoking in public places before the end of the year.
    • The legislation, which will prohibit smoking in all indoor venues, workplaces and public transport, was introduced by the National Health and Family Planning Commission.
    • China has more than 300M smokers and is the world's largest producer and consumer of tobacco products, according to the World Health Organization.
    • Tobacco stocks: LO, PM, MO, VGR, RAI, BTI, OTCPK:BTAFF, OTC:BATMF, OTCPK:JAPAF, OTCPK:JAPAY
    | Thu, Nov. 24, 3:05 AM | 42 Comments
  • Wed, Nov. 9, 2:22 AM
    | Wed, Nov. 9, 2:22 AM | 39 Comments
  • Fri, Sep. 16, 3:23 AM
    • A month after assuming regulatory oversight over e-cigarettes, the FDA has cracked down on online sales by the industry, issuing 24 letters to websites for illegal sales to minors.
    • The agency hasn't moved to ban online purchases, as many in the industry expected, but the letters show it's closely monitoring those outlets.
    • Websites and stores will have 15 days to reply and explain how they plan to prevent future underage sales.
    • Related tickers: MO, BTI, LO, PM, OTCQB:ECIG, OTCQB:VAPE, OTCPK:HPNN, OTCQB:MCIG, OTCQB:NTRR, OTCPK:VAPR, VPCO, RAI, OTC:AHII
    | Fri, Sep. 16, 3:23 AM | 12 Comments
  • Fri, Jun. 24, 12:30 PM
  • Wed, Jun. 1, 4:04 AM
    • Following the lead of Britain and Australia, Canada is making plain packaging of cigarettes compulsory in a bid to cut the rate of smoking.
    • Although the country already obliges firms to slap large graphic warning labels on cigarette boxes, the new measures would require a uniform, standardized color and font on packs and restrict the use of logos and trademarks.
    • Related stocks: LO, PM, MO, VGR, RAI, OTCQX:ITYBF, BTI
    | Wed, Jun. 1, 4:04 AM | 56 Comments
  • Mon, May 23, 6:35 AM
    • It the latest setback for Big Tobacco, French insurer AXA (OTCQX:AXAHY) plans to stop investing in the industry, citing the impact of smoking on public health, and said it plans to sell its €1.8B of assets in the sector.
    • "With this divestment from tobacco, we are doing our share to support the efforts of governments around the world," incoming AXA Chief Executive Thomas Buberl said in a statement.
    • Tobacco stocks: LO, PM, MO, VGR, RAI, OTCQX:ITYBY, BTI, OTCPK:BTAFF, OTC:BATMF, OTCPK:JAPAF, OTCPK:JAPAY.
    | Mon, May 23, 6:35 AM | 40 Comments
  • Thu, May 5, 11:55 AM
    | Thu, May 5, 11:55 AM | 37 Comments
  • Thu, May 5, 2:59 AM
    • California Governor Jerry Brown has signed a pack of bills that will raise the smoking age from 18 to 21, restrict the use of electronic cigarettes in public places and expand no-smoking areas at public schools.
    • The new laws, which take effect June 9, are a big boost to a movement that is turning into the next major challenge for the $100B tobacco industry.
    • Lawmakers in 10 other U.S. states are currently considering similar legislation.
    • Related stocks: LO, PM, MO, VGR, RAI, OTCQX:ITYBF, OTCPK:JAPAY, BTI, OTCQB:ECIG, OTCQB:VAPE, OTCPK:HPNN, OTCQB:MCIG, OTCQB:NTRR, OTCPK:VAPR, VPCO, OTC:AHII
    | Thu, May 5, 2:59 AM | 64 Comments
  • Fri, Mar. 11, 2:22 AM
    • California lawmakers have voted to make the nation's most populous state the second to raise the smoking age from 18 to 21 as part of a sweeping package of measures cracking down on tobacco products and electronic cigarettes.
    • "With California having such a huge population, it's going to be very impactful nationwide," said Cathy Callaway, associate director of state and local campaigns for the American Cancer Society.
    • Hawaii became the first state to lift the smoking age limit to 21 in January.
    • Related stocks: LO, PM, MO, VGR, RAI, OTCQX:ITYBY, OTCPK:JAPAY, BTI, OTCQB:ECIG, OTCQB:VAPE, OTCPK:HPNN, OTCQB:MCIG, OTCQB:NTRR, OTCPK:VAPR, VPCO, OTC:AHII
    | Fri, Mar. 11, 2:22 AM | 61 Comments
  • Dec. 23, 2015, 5:18 AM
    • The European Court of Justice has issued a preliminary ruling against Philip Morris (NYSE:PM) and British American Tobacco (NYSEMKT:BTI), stating that the EU Tobacco Products Directive of 2014 is valid.
    • The law, which comes into force in 2016, requires pictorial health warnings across 65% of tobacco packets, a ban on menthol cigarettes by 2020, and preserves the right of member states to introduce "plain packaging" rules.
    • The news is a heavy blow to Big Tobacco, although the court still has to deliver a final ruling.
    | Dec. 23, 2015, 5:18 AM | 94 Comments
  • Dec. 9, 2015, 10:06 AM
    | Dec. 9, 2015, 10:06 AM | 55 Comments
  • Nov. 18, 2015, 7:22 AM
    | Nov. 18, 2015, 7:22 AM | 26 Comments
  • Oct. 2, 2015, 7:35 AM
    • The Obama administration is pushing for a provision in the Trans-Pacific Partnership to limit the ability of tobacco companies to use tribunals to attack anti-smoking laws. The industry has used the tribunals aggressively in emerging markets.
    • Bipartisan support in Washington will be needed to pass the trade agreement next year.
    • Tobacco stocks: LO, PM, MO, VGR, RAI, OTCQX:ITYBY, BTI, OTCPK:BTAFF, OTC:BATMF, OTCPK:JAPAF, OTCPK:JAPAY.
    | Oct. 2, 2015, 7:35 AM | 30 Comments
  • Sep. 15, 2015, 1:00 PM
    • The FDA issued orders today that will stop the sale and distribution of four cigarette brands from R.J. Reynolds (RAI -0.4%): Camel Crush Bold, Pall Mall Deep Set Recessed Filter, Pall Mall Deep Set Recessed Filter Menthol and Vantage Tech 13. According to the agency, it took action because the company's submissions for the products did not meet the requirements set forth in the Federal Food, Drug and Cosmetics Act.
    • Specifically, the FDA's evaluation found that the products were not substantially equivalent (NSE) to their respective "predicate" products (commercially available as of February 15, 2007) as specified by the company. The agency concluded that the products have different characteristics than the predicate products and Reynolds failed to show that the new products do not raise different questions of public health when compared to them.
    • The four products entered the market during a provisional period established by the Family Smoking Prevention and Tobacco Control Act of 2009. The provision specified that the company had to submit a substantial equivalence (SE) application to the FDA by March 22, 2011 in order for the products to remain on the market.
    • The scientific basis for the action include a failure to demonstrate that increased yields of harmful or potentially harmful constituents, higher levels of menthol and/or the addition of new ingredients versus the predicates do not raise different questions of public health.
    • The NSE order means that it is illegal to sell or distribute the products in interstate commerce, including products currently in inventory.
    • Related tickers: (MO +2.3%)(BTI +0.9%)(LO)(PM +1%)
    | Sep. 15, 2015, 1:00 PM | 35 Comments
  • Sep. 12, 2015, 10:27 AM
    • There's a different approach to electronic cigarettes developing in the U.S. and U.K.
    • Health advocates in the U.S. continue to raise concerns on the impact on teenagers, including a damaging article in JAMA Pediatrics, and politicians are eyeing taxing the product. No great surprise, but Chicago and New York are out in front of the e-cig tax movement.
    • U.S. sales have been held back a bit by efforts to demonize the product, according to some company officials.
    • The reception in the U.K. to the burgeoning e-cig industry has been warmer. A government health body determined last month that e-cigarettes could be prescribed by doctors in the nation as an effective way to help smokers break their addiction.
    • A study by the same group estimated e-cigs are 95% less harmful than traditional cigarettes and found no evidence the product acts as a gateway to smoking for children or non-smokers. That last part was also backed up in a concise breakdown by FiveThirtyEight.com.
    • Related stocks: MO, BTI, LO, PM, OTCPK:ECIG, OTCQB:VAPE, OTCPK:HPNN, OTCQB:MCIG, OTCQB:NTRR, OTCPK:VAPR, RAI, OTC:AHII, OTCQX:ITYBY, OTCPK:VTCQ, VPCO, BTI, OTCQX:ITYBY, OTCPK:JAPAY.
    | Sep. 12, 2015, 10:27 AM | 37 Comments