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R J Reynolds Tobacco Co

BUSINESS
March 6, 2003 | From Bloomberg News
R.J. Reynolds Tobacco Holdings Inc. and its R.J. Reynolds Tobacco Co. unit received subpoenas in January as part of a federal grand jury investigation in New York, the company said. The subpoenas demand that the company turn over "documents relating to the sale and distribution of cigarettes in international markets," the company said in a filing with the Securities and Exchange Commission. Last May, the Los Angeles Times reported that R.J.
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BUSINESS
April 23, 1997 | (Reuters)
A discarded cigarette was the probable cause of a fire that destroyed the luxury vacation home of the president of R.J. Reynolds Tobacco Co. and caused $1 million in damages, said firefighters in Wilmington, N.C. The three-floor beach home of Reynolds President Andrew Schindler on upscale Figure Eight island was reduced to a row of charred pilings after it caught fire while construction workers were at lunch Friday. Damage to the house was estimated at $750,000.
BUSINESS
June 8, 2000 | Associated Press
R.J. Reynolds Tobacco Co. plans to maintain its advertising policy and not follow Philip Morris Cos. in reducing cigarette ads in magazines with large youth readership. Philip Morris said this week that it would suspend advertising in more than 40 magazines that have 15% or more readers under 18. RJR's policy of directing ads to magazines in which at least two-thirds of the readers are 18 or older conflicts with tobacco advertising guidelines proposed in 1996 by the Food and Drug Administration.
NEWS
February 18, 1990 | From Times staff and Wire reports
James W. Johnston, chairman and chief executive officer of R.J. Reynolds Tobacco Co., confirmed the firm plans to test market a new cigarette named Dakota but said the campaign "is focused on current adult Marlboro smokers--nothing more, nothing less." The Washington Post reported that a proposed marketing plan prepared by Promotional Marketing Inc. suggests Dakota be positioned to replace Marlboro as the brand of choice among young white women with no education beyond high school.
BUSINESS
October 15, 2004 | From Bloomberg News
R.J. Reynolds Tobacco Co. in the 1990s developed a cigarette intended to reduce disease-causing chemicals and then dropped it because it wasn't accepted by smokers, the company's chief of product development testified. Jeffery Gentry, who led the team that developed a reduced-risk cigarette known internally as EW, said he believed until at least 1999 that the product, which had a carbon-scrubber filter and a low-nitrogen tobacco blend, should be on the market.
BUSINESS
December 14, 2004 | From Reuters
No. 2 U.S. cigarette maker R.J. Reynolds Tobacco Co. said it would raise list prices on some of its brands and reduce retail discounts on others as it faced higher expenses. Discounts to retailers will be cut by $1 a carton on the company's most popular brands, effectively raising the cost of a pack of Kool, Doral and most Camel varieties by 10 cents, a Reynolds spokesman said. The Winston-Salem, N.C.
BUSINESS
August 25, 2000 | Reuters
R.J. Reynolds Tobacco Co., the No. 2 U.S. cigarette maker, said that it has spun off its Targacept Inc. subsidiary, which develops nicotine-related pharmaceuticals, into a privately held company. Targacept was formed by R.J. Reynolds, a wholly owned subsidiary of R.J. Reynolds Tobacco Holdings Inc., in 1997. R.J. Reynolds, which contributed a portfolio of patents and intellectual property to Targacept, said it will own 43% of the newly formed company on a fully diluted basis.
NEWS
July 13, 1994 | From Associated Press
Richard Joshua Reynolds III, a grandson and the namesake of the tobacco company's founder, is dead at age 60. His half-brother, anti-smoking activist Patrick Reynolds, said the namesake Reynolds died of emphysema and congestive heart failure caused by smoking. R. J. Reynolds III died June 28 in Pinehurst. A spokeswoman for R. J. Reynolds Tobacco Co., Peggy Carter, said the company had no comment. It is the nation's second-largest tobacco company.
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