Imperial Tobacco&#39;s parent company has strong quarter
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Cigarette making giant British American Tobacco PLC, owner of Canada&#39;s largest tobacco producer, reported a 60 per cent jump in third quarter net profit Tuesday, thanks partly to lower taxation charges.
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Coca-Cola Co.  Chief Executive E. Neville Isdell on Thursday reiterated that the soft drink maker expects solid long-term growth in revenue and volume and high-single-digit growth in earnings per share despite "strong headwinds" in North America.
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The tanker company steered its fleet masterfully in the most recent quarter.
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The oilfield services leader is a quarterly font of impressive results and information.
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British American Tobacco has announced a 13.5 per cent rise in profits despite the impact of strong competition and tough regulation amid growing concerns over the tobacco industry.
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European tobacco stocks were lifted by bid activity on Thursday which helped equity markets nudge higher as investors awaited interest rate decisions from both the European Central Bank and the Bank of England.
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The petroleum and chemical company posts solid results on the back of higher prices.
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British American Tobacco announced Thursday that net profits climbed 7.3 percent last year as the company was bolstered by rising sales in emerging markets.
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Cigarette giant says it expects full-year profit to be at the high end of previous forecast range. CHICAGO  - Altria Group Inc.
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European tobacco stocks were lifted by bid activity on Thursday which helped equity markets nudge higher, while interest rate decisions by both the Bank of England and the European Central Bank went as expected.
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The Imperial Tobacco Group of Britain agreed to buy Commonwealth Brands, the maker of the discount cigarettes USA Gold and Sonoma, from Houchens Industries for $1.9 billion, giving Imperial entrance into the United States. Houchens, which is privately held, has annual sales of 14 billion cigarettes. Commonwealth Brands, which was acquired by Houchens in 2001, has an estimated 3.7 percent of the $376 billion cigarette market in the United States.
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Gallaher Group, which makes Silk Cut and Benson &amp; Hedges cigarettes, yesterday announced a small rise in profits for the first half of the year but said it was facing tough trading outside Britain, especially in Germany and Ireland.
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Video game retailer posts strong results leading into holiday quarter.
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Gallaher Group Plc, the UK maker of Benson &amp; Hedges and Silk Cut cigarettes, said first-half profit rose 31 percent as the company sold more tobacco in Eastern Europe.
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British American Tobacco Plc, the world&#39;s second-largest cigarette maker, said third-quarter profit gained 60 percent as the acquisition of Italy&#39;s largest tobacco company added to revenue.
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Constellation reports a strong quarter, with wine leading the way.
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Coca-Cola Co.  posted higher-than-expected quarterly profit on Tuesday, helped by strength in its developing China and India markets, and moderate gains in mature markets such as Germany and Japan.