Word: tobacco
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...founded in 1902 by North Carolina tobacco mogul James Duke, the company, formerly known as British American Tobacco, has diversified in much the same pattern as have R.J. Reynolds and Philip Morris. As growth in cigarette sales softened, B.A.T branched into retailing during the 1970s, taking over such chains as Saks Fifth Avenue and Marshall Field in the U.S. and Jewellers Guild shops in Britain. The company capped a move into finance last December with the $5 billion takeover of Los Angeles-based Farmers Insurance...
Goldsmith maintains that B.A.T shareholders would be better off if the company were to refocus on the high-profit tobacco business, which is experiencing new growth in Asia and other overseas markets. A veteran conglomerate-buster who served as the model for the swashbuckling Sir Larry Wildman in the 1987 film Wall Street, the 6-ft. 4-in. Goldsmith may have made his point all too well. Now that he has put B.A.T on the block, other raiders may try to top his offer. Or B.A.T may attempt to boost its stock price beyond his reach by launching a restructuring...
Licence's only innovation comes in the closing credits. To atone for Bond's use of cigarettes, the producers print the Surgeon General's caveat on the evils of tobacco. Another warning would have been welcome: CAUTION: EXPOSURE TO HEROIDS MAY CAUSE SUMMER-MOVIE BURNOUT...
BOSTON--U.S. Marshals seized a tobacco store, an auto body shop and three homes yesterday in a campaign to confiscate inner-city buildings used for drug dealing, law enforcement officials said...
Inspired in part by laws that designate many of Europe's prestige winemaking regions, ranging from the Medoc to the Moselle, the Treasury Department's Bureau of Alcohol, Tobacco and Firearms (BATF) first authorized AVAs in 1978. There are now some 106 appellations, about half of them in California...