Carolina Group , the spunoff unit of Loews Corp. that produces Lorillard tobacco products.
After the head of Lorillard got up to speak only a handful of research people remained.
The past three months have seen Wall Street analysts become less optimistic about Lorillard.
Hanna ruled the conflicting claims could be admitted into evidence in the Lorillard case.
Lorillard said it sold more of brands like Newport and Maverick while its rivals reported decreases in sales.
Loews (LTR, 89), which owns Lorillard Tobacco, trades at 7 times earnings and Philip Morris (MO, 36) at 9.
Earnings reports from cigarette manufacturer Lorillard and insurance conglomerate Loews boosted their stocks.
Analysts are split on Lorillard, but five of 10 analysts rate it hold.
Brayton Purcell lawyer Chris Andreas is one of the few attorneys to have won such a suit against Lorillard.
His lawyers began submitting "amended" forms, which corrected the errors, after Hanna indicated he would let Lorillard see the originals.
Lorillard is a frequent target because it manufactured cigarettes with asbestos-containing filters for a few years in the early 1950s.
Among these three, Lorillard makes most of its money from Newport menthol cigarettes, which are allegedly easier to become addicted to.
Lorillard (LO) announced that third-quarter net income increased by 6 percent due to higher pricing that offset a decline in cigarette sales.
Plus, Loews' Lorillard Tobacco is doing well, even with the tobacco litigation.
Lorillard (LO) reports its fourth quarter earnings on Wednesday, February 13, 2013.
Try Oxford Health Plans (23, OXHP), Wellpoint Health Networks (85, WLP), Philip Morris (42, MO) and Loews (51, LTR), owner of Lorillard Tobacco.
The consensus estimate is 76 cents per share, up 4.1% from a year ago when Lorillard reported earnings of 73 cents per share.
Within the cigarette business, Altria Group and British American Tobacco have outperformed markets over the last 12 months, while Lorillard has lagged behind.
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Pharmaceuticals and tobacco also experienced significant moves to the upside, putting additional cost pressures on cigarette makers like Philip Morris and Lorillard.
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Defensive names were among the few stocks in the red Thursday: tobacco companies Lorillard and Reynolds American both finished in negative territory.
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Lorillard, the third largest U.S. tobacco company and leading maker of menthol and premium cigarettes, continues to gain market share for its leading brand, Newport.
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Loews had a lot of junk debt--issued when they acquired Lorillard.
The judge refused to dismiss the lawsuit against Lorillard, a Loews unit, saying it would be unfair to the plaintiffs since they did nothing wrong.
Among the largest underlying components of DVY, in trading today Lorillard Incorporated ( LO) is up about 0.6%, and Entergy ( ETR) is up by about 0.7%.
Later, in a deposition, Andreas denied participating in e-mail exchanges that later emerged when Lorillard got a court order forcing the firm to turn over internal documents.
Lorillard and Altria, for example, both command 5.3% annualized yields.
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They filed a typical volley of lawsuits for Kananian after he was diagnosed, including one against Lorillard Tobacco (a unit of Loews Corp.) that is starting to haunt them.
As a result, Big Tobacco has become an entrenched oligopoly in which a handful of players such as Altria (NYSE: MO), Reynolds American (NYSE:RAI) and Lorillard (NYSE:LO) completely dominate.
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