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2008 News Releases

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2010 | 2009 | 2008
DateTitle 
11.17.2008Lorillard, Inc. Announces Quarterly Dividend on Common Stock
GREENSBORO, N.C., Nov. 17 /PRNewswire-FirstCall/ -- Lorillard, Inc. (NYSE: LO) announced today the declaration of a quarterly dividend on its common stock, in the amount of $0.92 per share, payable December 12, 2008 to stockholders of record as of December 2, 2008. About Lorillard, Inc. Lorillard, Inc. (NYSE: LO) is the third largest manufacturer of cigarettes in the United States. Lorillard was founded in 1760, and is the oldest continuously operating tobacco company in the U.S. Newport(R), L... 
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11.12.2008Lorillard to Participate in Morgan Stanley's Global Consumer & Retail Conference on Tuesday, November 18, 2008
GREENSBORO, N.C., Nov. 12 /PRNewswire-FirstCall/ -- Lorillard Inc., (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced that Martin L. Orlowsky, Chairman, President and Chief Executive Officer, and David H. Taylor, Chief Financial Officer, will participate in the Morgan Stanley Global Consumer & Retail Conference at the Crowne Plaza Times Square in New York City on Tuesday, November 18, 2008 at 10:30 A.M. Eastern. The presentation will be broadcast... 
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11.05.2008Lorillard, Inc. Elects New Board Member
Robert C. Almon Joins the Board as an Independent Director GREENSBORO, N.C., Nov. 5 /PRNewswire-FirstCall/ -- Lorillard, Inc. (NYSE: LO) today announced the election of Robert C. Almon to its Board of Directors, effective immediately. The Board now comprises eight members, of which six are non-executive independent Directors. Mr. Almon will serve on the Company's Audit and Compensation Committees. "We are delighted that Bob has joined our Board. He has extensive consulting and advisory experie... 
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10.27.2008Lorillard, Inc. Reports Third Quarter 2008 Results
GREENSBORO, N.C., Oct. 27 /PRNewswire-FirstCall/ -- Lorillard, Inc. (NYSE: LO) today reported results for the third quarter ended September 30, 2008. Highlights Net sales increased 7.8% to $1.125 billion for the third quarter of 2008, compared to $1.044 billion in the third quarter of 2007. Operating income increased 9.8% to $382 million, or 34.0% of sales. The company reported net income of $237 million or $1.38 per share. The company repurchased approximately 3.9 million shares; pai... 
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10.14.2008Lorillard to Release Third Quarter 2008 Results on Monday, October 27, 2008
GREENSBORO, N.C., Oct. 14 /PRNewswire-FirstCall/ -- Lorillard Inc., (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced that it will release third quarter 2008 earnings on Monday, October 27, 2008. A conference call for analysts and investors will begin at 10:00 am Eastern Time on October 27, 2008 which will be hosted by Martin L. Orlowsky, Chairman, President and Chief Executive Officer, and David H. Taylor, Executive Vice President, Finance and Pla... 
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09.02.2008Lorillard to Participate in Lehman Brothers Back-To-School Consumer Conference
GREENSBORO, N.C., Sept. 2 /PRNewswire-FirstCall/ -- Lorillard Inc., (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced that Martin L. Orlowsky, Chairman, President and Chief Executive Officer, and David H. Taylor, Chief Financial Officer, will participate in the Lehman Brothers Back-To-School Consumer Conference on Wednesday, September 3, 2008 at 12:45 P.M. Eastern. The presentation will be broadcast live over the Internet under the Investor Relations... 
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08.21.2008Lorillard, Inc. Announces Quarterly Dividend on Common Stock
GREENSBORO, N.C., Aug. 21 /PRNewswire-FirstCall/ -- Lorillard, Inc. (NYSE: LO) announced today the declaration of a quarterly dividend on its common stock, in the amount of $0.92 per share, payable September 12, 2008 to stockholders of record as of September 2, 2008. About Lorillard, Inc. Lorillard, Inc. (NYSE: LO) is the third largest manufacturer of cigarettes in the United States. Lorillard was founded in 1760, and is the oldest continuously operating tobacco company in the U.S. Newport(R),... 
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07.28.2008Lorillard, Inc. Reports Second Quarter 2008 Results
GREENSBORO, N.C., July 28 /PRNewswire-FirstCall/ -- Lorillard, Inc. (NYSE: LO) today reported results for the second quarter of 2008. "We are pleased to report our first quarter as an independent public company," said Martin Orlowsky, Chairman, President and CEO, Lorillard, Inc. "We look forward to a continuation of our core strategy of balancing profitability and Newport share growth. Our leading position in the menthol segment and our focus on operational excellence will support our on-going ... 
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07.21.2008Lorillard Announces Conference Call Details for its Second Quarter 2008 Earnings
GREENSBORO, N.C., July 21 /PRNewswire-FirstCall/ -- Lorillard Inc., (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced the details for its second quarter 2008 earnings conference call being held on Monday, July 28, 2008 at 9:00 am Eastern, which will be hosted by Martin L. Orlowsky, Chairman, President and Chief Executive Officer, and David H. Taylor, Chief Financial Officer, respectively. Investors can participate in the conference call by dialing (8... 
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07.14.2008Lorillard, Inc. Elects Three New Board Members
Virgis W. Colbert, David E. R. Dangoor and Nigel Travis Join the Board as Independent Directors GREENSBORO, N.C., July 14 /PRNewswire-FirstCall/ -- Lorillard, Inc. (NYSE: LO) today announced the election of Virgis W. Colbert, David E.R. Dangoor and Nigel Travis to its Board of Directors, effective immediately. The Board now comprises seven members, of which five are non-executive independent Directors. Mr. Colbert will be Chair of the Compensation Committee and will serve on the Nominating and... 
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07.09.2008Lorillard, Inc. Announces Approval of Share Repurchase Program
GREENSBORO, N.C., July 9 /PRNewswire-FirstCall/ -- Lorillard, Inc. (NYSE: LO) announced today that its Board of Directors has approved a share repurchase program, authorizing the Company to repurchase in the aggregate up to $400 million of its outstanding common stock. Purchases by the Company under this program may be made from time to time at prevailing market prices in open market purchases, privately negotiated transactions, block purchase techniques or otherwise, as determined by the Compan... 
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07.09.2008Lorillard to Release Second Quarter 2008 Results on Monday, July 28, 2008
GREENSBORO, N.C., July 9 /PRNewswire-FirstCall/ -- Lorillard Inc., (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced that it will release second quarter 2008 earnings on Monday, July 28, 2008. A conference call for analysts and investors will begin at 9:00 a.m. Eastern Time on Monday, July 28, 2008, which will be hosted by Martin L. Orlowsky, Chairman, President and Chief Executive Officer, and David H. Taylor, Chief Financial Officer, respectively. ... 
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06.17.2008Lorillard to Webcast Financial Analyst Presentation
GREENSBORO, N.C., June 17 /PRNewswire-FirstCall/ -- Lorillard Inc., (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced that Martin L. Orlowsky, Chairman, President and Chief Executive Officer, and David H. Taylor, Executive Vice President, Finance and Planning and Chief Financial Officer, will host a presentation for analysts focusing on Lorillard's business strategies, operations and financial outlook today at 4:30 p.m. Eastern Time. To... 
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06.10.2008Lorillard to Begin Trading on New York Stock Exchange
GREENSBORO, N.C., June 10 /PRNewswire-FirstCall/ -- Lorillard Inc., (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced it will begin trading its shares on the New York Stock Exchange under the ticker symbol 'LO.' Loews Corporation had owned 100 percent of Lorillard since 1969 when its predecessor purchased the old P. Lorillard Company. In 2002 Loews issued a tracking stock, Carolina Group (NYSE: CG), to track the financial performance ... 
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