Hints and tips:
...Evidence submitted by Reynolds to the FDA “did not demonstrate” that the products “provided an added benefit for adults who smoke cigarettes . . . relative to that of tobacco-flavoured products that is sufficient...
...The group this year sold its stake in vaccines maker Medicago amid suggestions that its involvement was holding back the company’s progress. The business of corporate transformation can’t be rushed....
...Both bidders believe the regulator could eventually take the rare step of intervening to end the battle by holding an auction for Morrisons....
...That’s despite warnings from two medical societies that they deny membership to those with links to tobacco....
...Soren Skou Chief Executive, AP Moller-Maersk Kenny Ye Executive Vice-President, COSCO Shipping Holding and Chief Operating Officer, OOCL Tim Hartnoll Executive Chairman, X-Press Feeders Rodolphe Saadé...
...Andrew J Oswald: Young economists have not lived through times like these. I am afraid we all learn by painful experience....
...J&J, for instance, is teaming up with the US government to invest $1bn in vaccine development....
...Creditors like Marble Ridge for years had been complaining about how buyout firms with stakes in companies such as Toys R Us and J Crew had been pushing legal and ethical boundaries to avoid having their...
...the vaping brand Blu (along with a handful of other tobacco assets) from RJ Reynolds-Lorillard in 2014....
...Two years ago British American Tobacco completed a deal to buy Reynolds American, the business which housed its former US subsidiary Brown & Williamson, for $49.4bn....
...Another called possible fines “manageable” for J&J, which is the world’s largest healthcare company. Meanwhile families such as the Fullers live with their loss every day....
...On its path to the modern Mondelēz, Nabisco was owned by the tobacco companies Reynolds and Philip Morris, as well as private equity group KKR....
...But Mosley sensed he was holding back and kept pressing him....
...Sir Martin used it to buy everything from J Walter Thompson to Young & Rubicam and to defy the broader trend against holding companies....
...Ms Cameron said in a statement: Debra very quickly mastered the details and dynamics of our industry since joining R.J. Reynolds two years ago....
...(Reuters, The Hill) Smoke signals US media are set to run court-mandated ads from Altria and British American Tobacco with texts such as "Altria, R.J....
...At present, the only cash BAT extracts from its Reynolds holding is its share of the US group’s dividend. On consensus forecasts and at current exchange rates, that would be just under £1bn next year....
...Last week, J&F, the holding company of JBS, agreed to pay fines of R$10.3bn over 25 years adjusted to Brazil’s annual inflation....
...RANDALL KROSZNER Norman R Bobins Professor of Economics, University of Chicago Booth School of Business From 2006 to 2009, Kroszner served as a governor of the US Federal Reserve System....
...Two years ago, Reynolds combined with Lorillard, another major US rival, in a transaction that saw BAT inject around $4.7bn to retain the size of its holding....
...“We are certainly pleased with the court’s decision today,” said Jeff Raborn, vice-president and assistant general counsel for RJ Reynolds Tobacco Company, a unit of RJR Nabisco’s corporate successor....
...He sold Standard Brands to Nabisco in 1981 and, after securing the position of president of the merged entity in 1984, subsequently sold it to tobacco company RJ Reynolds Industries....
...The California Public Employees’ Retirement System sold its tobacco holdings 16 years ago, in the thick of the litigation against tobacco companies, but has said it may reconsider its decision....
...Bryan Hatchell, a spokesman for RJ Reynolds Tobacco Company, declined to comment. In 2011, a district court dismissed the case, finding that RICO did not apply to activity outside the US....
...$5bn of assets from Reynolds....
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