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- Imperial to cut jobs
- Business News IN BRIEF *Britain's Imperial Tobacco said it was to cut about 2,440 jobs from its global workforce of 40,000 after buying the Franco-Spanish tobacco group Altadis in January. Almost 2,000 job losses will occur in France and Spain. Six tobacco plants will close, including one...
- Articles 2008-06-20
- Imperial Tobacco to axe 2,440 jobs after Altadis takeover
- LONDON AFP — Britain's Imperial Tobacco said on Thursday that it will cut six percent of its workforce, with France bearing the brunt of job losses, following the takeover of French-Spanish peer Altadis. The London-listed group said in a statement that it would slash 2,440 jobs as part...
- Articles 2008-06-20
- Imperial Tobacco will axe 2,440 jobs
- LONDON AFP — Britain's Imperial Tobacco said on Thursday that it would cut about 2,440 jobs, including 1,060 positions in France, as it restructures after the group's takeover of French-Spanish rival Altadis. Imperial Tobacco bought Altadis earlier this year in a deal worth 12.8 billion euros (18.8 billion...
- Articles 2008-06-19
- Imperial Tobacco sells 97% of new shares
- LONDON AFP — Imperial Tobacco said on Thursday that it had sold 97 percent of new shares it recently offered investors to help fund its multi-billion dollar takeover of Franco-Spanish rival Altadis. "Imperial Tobacco announces that it has received valid acceptances in respect of 329,215,281 new shares, representing...
- Articles 2008-06-12
- Imperial Tobacco Interims: Update on Altadis and Rights Issue
- LONDON, May 20 /PRNewswire-FirstCall/ -- In video interviews Gareth Davis, Imperial Tobacco CEO, and Robert Dyrbus, FD, answer questions on the Group's interim results including an update on Altadis and the planned Rights Issue. They discuss priorities for the second half of the year including the ongoing focus on...
- Articles 2008-05-20
- Tobacco may be good for your portfolio, if not for your health
- SHARE OF THE WEEK Tobacco stocks are looking recession-resistant, with the two listed behemoths of the British market, British American Tobacco and Imperial Tobacco, continuing to post strong numbers. BAT enjoyed a strong first quarter, yesterday posting a 14 per cent rise in revenues...
- Articles 2008-05-10
- BAT strikes it lucky with steady marketof a billion smokers
- THE INVESTMENT COLUMN Our view: Buy Share price: 1994p (+56p) Tobacco stocks may not be recession-proof, but at the moment they are looking recession-resistant. The two listed behemoths of the British market, British American Tobacco and Imperial Tobacco, have traditionally been...
- Articles 2008-05-08
- ALTADIS : Imperial Tobacco Group PLC announces divestment of fine cut and pipe tobacco brands
- Imperial Tobacco Group PLC announces divestment of fine cut and pipe tobacco brands Imperial Tobacco Group PLC has agreed to divest a number of fine cut and pipe tobacco brands to Philip Morris International for a consideration of EUR 254 million. The divestment of a small number of brands in...
- Articles 2008-04-24
- Philip Morris International Announces Acquisition of Certain Trademarks From Imperial Tobacco Group
- LAUSANNE, Switzerland -- Philip Morris International PMI (NYSE:PM) announced today that it has reached an agreement with Imperial Tobacco Group Imperial to acquire certain brands in the Other Tobacco Products OTP category. The agreement transfers to PMI, Imperial's rights to the Interval fine-cut tobacco trademark worldwide and either transfers or...
- Articles 2008-04-23
- Philip Morris International Inc. Reports 2008 First-Quarter Results
- * Diluted earnings per share of $0.89, up 29.0% from $0.69, including the items detailed on Schedule 4 * Adjusted diluted earnings per share of $0.89, up 30.9% from the 2007 pro-forma adjusted earnings per share of $0.68, including the items detailed on Schedule 5 *...
- Articles 2008-04-23
- Stocks in Focus on Today's Edition of 'Before the Bell:' ITY, UST, UVV, MU, RMBS
- NEW YORK, April 3, 2008 /PRNewswire/ -- "Before the Bell" is a daily podcast hosted by editor, Bobby Ilich that airs Monday through Friday at 8:45 a.m. EDT on http://radio.wallst.net/profile.php?id=192. The show features compelling discussions and informative interviews with investment professionals on a broad range of topics...
- Articles 2008-04-03
- Core-Mark Announces 2007 Financial Results, Guidance for 2008 and Annual Meeting
- Core-Mark Holding Company, Inc.(NASDAQ: CORE), one of the leading broad-line distributors in NorthAmerica, announced financial results for the fourth quarter and year endedDecember 31, 2007. Full Year Net sales for 2007 increased 4.6% to $5.56 billion compared to $5.31billion for 2006. This improvement was accomplished despite the net lossof...
- Articles 2008-03-14
- City Trades: Imperial Tobacco (IMT).
- TRADING IDEA: City charting supremo lights up with Imperial. Tarquin Coe Cigarette maker Imperial Tobacco is building a bullish "flag" pattern, sandwiched between two moving averages, says Tarquin Coe at Investors Intelligence. It is also reasserting its long-term outperformance,...
- Articles 2008-03-12
- Italy's Autogrill buys airport shops for 1 bln euros
- MILAN AFP — Italy's Autogrill announced Monday deals worth one billion euros (1.5 billion dollars) to buy airport shops and restaurants, which the company said would make it the world's biggest airport retail group. The Milan-listed company, an operator of motorway restaurants in Italy, said it had agreed...
- Articles 2008-03-10
- ATF National Response Team Joins Investigation Into Georgia Refinery Blast & Fire
- To: STATE EDITORS Contact: Special Agent Marc Jackson of The Bureau of Alcohol,Tobacco, Firearms and Explosives, +1-404-417-2610 PORT WENTWORTH, Ga., Feb. 10 /PRNewswire-USNewswire/ -- TheNational Response Team NRT from the Bureau of Alcohol, Tobacco,Firearms and Explosives ATF has entered the investigation into theFeb. 7, 2008, explosion and fire at...
- Articles 2008-02-10
- Imperial breathes easy, despite bans THE WEEK IN REVIEW
- The decline in cigarette consumption in mature markets driven by smoking bans and health issues exercises little restraint on the growth of Imperial Tobacco. The current year to September is picking up from where 2007 left off with improvements in volumes, market share gains and earnings. However,...
- Articles 2008-02-02
- Imperial breathes easy, despite bans
- THE WEEK IN REVIEW The decline in cigarette consumption in mature markets driven by smoking bans and health issues exercises little restraint on the growth of Imperial Tobacco. The current year to September is picking up from where 2007 left off with improvements in volumes, market share...
- Articles 2008-02-02
- Slowdown unlikely to make Imperial's prospects fizzle out
- THE INVESTMENT COLUMN Our view: Fairly priced Share price: 2365p (-5p) The predictable decline in cigarette consumption in mature markets of the world driven by smoking bans and health issues appears to exercise little restraint on the growth of Imperial Tobacco....
- Articles 2008-01-30
- Imperial Tobacco wins control of Altadis
- LONDON AFP — A new tobacco giant incorporating well-known brands Regal cigarettes and Montecristo cigars emerged Tuesday as Britain's Imperial Tobacco won control of Franco-Spanish peer Altadis. Imperial said in a statement that Altadis shareholders overwhelmingly backed its takeover bid for Altadis worth 12.8 billion euros (18.8 billion...
- Articles 2008-01-22
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