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Saturday, August 06, 2005

Alliance One International (AOI)



Profile:

Alliance One International, Inc. (AOII) operates as a leaf tobacco merchant worldwide. The company engages in selecting, purchasing, processing, storing, packing, and shipping tobacco. It primarily offers flue-cured, burley, and oriental tobaccos that are used in international brand cigarettes. The company, through its wholly owned subsidiary, Compania General de Tabacos de Filipinas S.A., also operates as a dealer in dark tobaccos primarily used for cigars and smokeless tobacco products. AOII’s customers include manufacturers of cigarettes and other consumer tobacco products. Alliance One International was formed in 1995. It was formerly known as DIMON Incorporated and changed its name to Alliance One International, Inc. in May 2005. The company is headquartered in Danville, Virginia.

Reason for downfall:

no news coming out. volume isn't big either, so maybe just speculation?


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