Cigarette maker Lorillard 2Q profit up 10 pct

The arrival of electronic cigarettes has raised a red flag for health officials and others who worry the activity of “vaping” nicotine will hook young people into a new addiction that could last a lifetime. In Colorado, the concern is heightened by the arrival of tobacco giant RJ Reynolds Tobacco Company. Beginning this month, the maker of Camel cigarettes and other tobacco products began selling its new e-cigarette – called Vuse – in Colorado as one of four test markets. “We’ve done a lot of work to make it not cool to smoke and we’d hate to see that rolled back,” said Stephanie Walton, ecf youth policy coordinator for the Colorado Department of Public Health and Environment. Also known as personal vaporizers, e-cigarettes broke into the American market six years ago. They look like cigarettes, but do not contain tobacco.
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Most tobacco companies have been raising prices and cutting costs to keep profits up as the recession and declining demand cut into cigarette sales. Tax increases, smoking bans, health concerns and social stigma also have made the cigarette business tougher. Lorillard, based in Greensboro, N.C., says its cigarette shipments fell about 2 percent to 10.44 billion cigarettes. Adjusting for trade inventory changes, Lorillard says its cigarette volumes were flat during the quarter, compared with a total industry decline of more than 4 percent.
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SAVOR THE EXPERIENCE, SANS THE SMOKE: New Rejuve™ Electronic Cigarettes Offer High Quality Vaping At Affordable Cost

More business news Amrita Jayakumar Among big data coming this week: the countrys second-quarter growth report and the monthly jobs report. Amazon to hire 5,000 for warehouse jobs Cecilia Kang The hiring is part of an ambitious growth strategy that has come at a financial cost in the near term. MyScript Calculator: Easy to figure out Hayley Tsukayama MyScript Calculator offers the option of just scribbling down your equations rather than trying to remember how, exactly, to use the order of operations. More business news Excluding one-time items, earnings were 81 cents per share, beating Wall Street expectations by a penny.
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Thus, they can be enjoyed almost anywhere at home or out on the town — without producing lingering odors or messy ashes. Rejuve Electronic Cigarettes are the latest innovation from prolific entrepreneur Puneet Nanda, also the creator of Dr. Fresh LLC, one of the country’s fastest growing oral care companies. Nanda was inspired to make a high quality, affordable e-cigarette by a friend, a longtime chain smoker that knew he had to change when his three-year-old daughter told him he “smelled awful.” Rejuve Electronic Cigarettes come in two flavors: Classic and Menthol. Non-rechargeable, they can be recycled after use. “We are pleased to be able to offer the conscious consumer the best value possible in an e-cigarette,” said Jessica Lee, Chief Marketing Officer of Rejuve Cigs LLC. “Not only are Rejuve Electronic Cigarettes a healthy and socially responsible choice, but they offer a satisfying high-flavor, low-nicotine experience at less cost than traditional or other e-cigarette brands.” Rejuve Electronic Cigarettes are available online at . About Rejuve Cigs LLC Diamond Bar-based Rejuve Cigs LLC manufactures electronic cigarettes, electronic hookahs, Juice Pens, and premium vaping liquids. The company is the brainchild of innovator and serial entrepreneur, Puneet Nanda (aka Dr.
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