Loews Corp. Friday said it launched an offer to swap about 38% of the shares of its Lorillard Inc. tobacco unit for Loews shares as it moves to spin off the maker of Newport and Kent cigarettes. Loews also said it will distribute the remaining 62% of Lorillard's shares on June 10 in redemption of...
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caption id="attachment_8073" align="alignnone" width="470" caption="Felipe Massa led 60 laps of the 70-lap Hungarian Grand Prix - but not the last one"][/caption] Poor Felipe Massa. Had his Ferrari engine gone three laps...
By Katie Reid ZURICH (Reuters) - Swiss luxury goods maker Richemont (CFR.VX: ) and South Africa's Remgro (REMJ.J: ) said on Friday they are to spin off their jointly held 30.1 percent stake in British American Tobacco (BATS.L:...
The law firm of Izard Nobel LLP, which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States...
LONDON (Reuters) - A thief who used a crane to steal five lorry-loads of track from one of Britain's busiest railway lines has been jailed for nearly three years. Anthony Porretta, 53, masterminded the theft of 171 tonnes of...