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News Breaks | | | | March 13, 2013 | | 13:58 EDT |  | RAI | Arbitration panel approves R.J. Reynolds settlement agreement with states
On March 12, the arbitration panel hearing R.J. Reynolds Tobacco's claim related to its 2003 master settlement agreement payment issued an order authorizing the implementation of the term sheet announced in December among the company, various other tobacco manufacturers, 17 states, the District of Columbia and Puerto Rico. Under the term sheet, based on the jurisdictions that have joined the agreement thus far, R.J. Reynolds will receive credits, currently estimated to be more than $1B, with respect to its Non-Participating Manufacturer, or NPM, adjustment claims related to 2003 through 2012. These credits will be applied against the company’s MSA payments over the next five years. Reference Link | |
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News For RAI From The Last 14 Days Check below for free stories on RAI the last two weeks. |
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| June 13, 2013 | | 06:47 EDT |  | RAI | FDA to look to regulate new types of tobacco products, NY Times reports
 Subscribe for More Information | | | June 12, 2013 | | 10:20 EDT | | RAI | E-cigarettes to be regulated in U.K. as medicines
The Medicines and Healthcare products Regulatory Agency announced that all nicotine-containing products, such as electronic cigarettes, are to be regulated as medicines in a move to make these products safer and more effective to reduce the harms of smoking. The UK Government has decided that the MHRA will regulate all NCPs as medicines so that people using these products have the confidence that they are safe, are of the right quality and work, according to the regulator. | | | June 10, 2013 | | 08:07 EDT | | RAI | Investors drawn to e-cigarettes, WSJ reports
An investment group including Silicon Valley entrepreneur Sean Parker is investing $75M for a minority stake in Scottsdale, AZ-based NJOY Inc., one of dozens of e-cigarette companies that have surfaced since 2006, reports the Wall Street Journal. The market for e-cigarettes is also under increasing regulatory scrutiny. Reference Link | | | June 6, 2013 | | 11:22 EDT | | RAI | Reynolds American CEO sees taking share in e-cigarette category
Subscribe for More Information | | | 10:42 EDT | | RAI | Reynolds American bringing 'VUSE' digital vapor cigarette to Colorado
Subscribe for More Information | | | 07:23 EDT |  | RAI | Altria Group raising list prices on all brands, says UBS
UBS said Altria (MO) announced it is reducing off-invoice promotional allowances and raising list prices 6c on all brands effective June 10. The analyst expects Lorillard (LO) and Reynolds American (RAI) to follow and for the Big 3 to continue to take share from deep discount players. | |
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