News Tag: rjr news

News May 11, 2006

Reynolds workers to vote on union again

About 2,000 workers at R.J. Reynolds Tobacco Co. are scheduled to vote on union representation today and early Friday. Workers who support unionization said they are upset about cuts in benefits. They also said that it makes sense to band together to negotiate a contract the way that executives do for themselves. Read the entire Winston-Salem

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News May 4, 2006

Union, nurses add a twist

They protest at Reynolds shareholders session The annual shareholders meeting at Reynolds American Inc. is usually a low-key gathering. Yesterday’s meeting was no different except for the small protests outside. Before the meeting, about 20 labor-union supporters passed out fliers on the sidewalk outside the Reynolds American Plaza Building on Main Street, alleging that company

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News April 28, 2006

Reynolds American profit soars

Cost cuts, a tax benefit and better product mix helped Reynolds American push its first-quarter earnings up almost 23% even as the cigarette giant posted flat revenue and yet another volume decline. Before the start of trading Thursday, Reynolds said that it earned $345 million, or $2.34 a share — up from $281 million, or

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News April 26, 2006

Reynolds American Gets Approval For $65M Tax Refund

Reynolds American Inc. (RAI) disclosed Monday that a congressional committee approved a $65 million tax refund, including interest. The Congressional Joint Committee on Taxation’s approval finalizes the Internal Revenue Service’s audit of Reynolds American’s tax returns for 1997 to 2000. According to Reynolds American, the refund will be recorded as an extraordinary gain in the

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News April 26, 2006

Lane Limited Closes Sale of Dr. Grabow Line, Tobacco Pipe Manufacturing Facility

Lane Limited (Lane), a manufacturer and marketer of specialty tobacco products and an operating subsidiary of Reynolds American Inc. (NYSE: RAI), has closed the sale of the assets related to its Dr. Grabow line of pipes and pipe filters, and Dill’s pipe cleaners, to International Pipes & Accessories LLC. The buyer has agreed to pay

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