Lorillard is due to host a results webcast and conference call from 09.00 hours on February 12 following the release of its fourth quarter and full year 2013 results.
The conference call for analysts and investors will be hosted by Murray S. Kessler, chairman, president and CEO, and David H. Taylor, executive vice president, finance and planning and CFO.
A results news release and the webcast of the conference call will be available under the Investor Relations section of Lorillard’s website at www.lorillard.com, where a replay will be available through February 19.
Participation in the conference call will be through (888) 239-6824 (domestic) or (706) 902-3787 (international), using the pass-code 35102157.
The replay of the conference call will be available through (855) 859-2056 (domestic) or (404) 537-3406 (international), using the pass-code 35102157.
The First Global Forum on Nicotine is due to be held in Warsaw, Poland, on June 27-28.
Professor Gerry Stimson said that his company, KAC, which will stage the forum, believed the timing was right for such an event, given the fast moving pace of knowledge and understanding around nicotine.
KAC stages public health and addictions conferences, and runs the Nicotine Science and Policy website www.nicotinepolicy.net.
Stimson said the broad idea of the forum was to take further steps to consolidate nicotine – rather than tobacco, cigarettes or tobacco control – as a focus for science and policy. The aim of the meeting would be to bring together a wide range of stakeholders to discuss the developing science of nicotine, patterns and use and uptake, and policy and regulatory issues.
The Conference would examine the current state of the debate about the use of nicotine across the globe; critically examine the science relating to the safety and use of nicotine; allow politicians, scientists, manufacturers, distributors and consumers to exchange views; and facilitate the development of links to enable on-going dialogue between different sectors.
The forum’s website is due to go live next week.
Tobacco growers in the Indian states of Andhra Pradesh and Karnataka have been asked to comply with flue-cured crop targets so as to ensure good prices at auction, according to a story in the latest issue of the BBM Bommidala Group newsletter.
The Tobacco Board of India chairman, K. Gopal, said growers should exercise discipline in sticking to the flue-cured quotas of 102 million kg for Karnataka and 172 million kg for Andhra Pradesh.
“It is of the essence that the crop in the principal states should not exceed 270-275 million kg,” he said.
“Then farmers can expect remunerative prices on the floor.
“The trade should also support the farmers,” he added.
Over-production of flue-cured has been endemic in the two states, where farmers are generally financially impoverished and the opportunity to earn extra cash from tobacco is irresistible.
Meanwhile, two more auction platforms are being built in Karnataka and one more in Andhra Pradesh.
The smokers’ group Forest has come out strongly against the UK Labour Party’s plans to ban smoking in cars with children.
“Legislation is completely unnecessary,” said Forest director, Simon Clark.
“Most adult smokers accept that smoking in a car with children present is inconsiderate and the overwhelming majority choose not to.
“Banning smoking in private vehicles is a serious invasion of privacy.
“Education, not legislation, is the way forward.
“Smoking is banned in all enclosed public places, including privately run pubs and clubs.
“Now they want to prohibit smoking in private vehicles.
“What next? A ban on smoking in the home if children are present?”
The Labour Party is currently the main opposition in the UK parliament, for which elections are due to be held in 2015.
The Washington-based US Chamber of Commerce is lobbying against proposals by Ireland’s Department of Health to standardize the design of cigarette packs, according to a story by Tom Lyons for the Irish Times.
In doing so, the powerful lobby group has joined other business interests resisting the proposed change, including employer representative Ibec and the Law Society.
In a letter obtained by the Times, the world’s largest business federation with three million business members said it had ‘deep concerns’ about what it called the ‘proposed destruction of trademark and branding rights in the tobacco sector’.
‘We do not believe this initiative is well founded and we urge it to be reconsidered,’ said Myron A Brilliant, the chamber’s head of international affairs in writing to the Oireachtas [parliamentary] Committee on Health and Children, which is considering the issue.
‘The notion that the Irish Government is contemplating measures that would destroy any industry’s legitimate and legally sanctioned trademark protection and branding causes concern in the US business community and extends into many different sectors of our membership.’
Reynolds American Inc. is due to host a conference call and webcast at 09.00 hours Eastern Time on February 11 following the release of its fourth-quarter and full-year 2013 financial results before the market opens.
Daniel M. Delen, president and CEO, Thomas R. Adams, CFO, and Morris L. Moore, vice president of investor relations, will participate in the conference call and webcast.
The RAI webcast will be available on a listen-only basis at www.reynoldsamerican.com, at which address registration is available and a replay will be made available.
The conference call will be available too on (877) 390-5533 (toll-free) and (678) 894-3969 (international).