Monthly Archives: July 2009

Japan’s tobacco habit runs into court challenge

One plaintiff is a cancer patient. Another is represented by his widow. The third, has emphysema and rolls into the courtroom on a wheelchair with tubes trailing out of his nose.
For the full article Go to Source.

Posted in Industry, Tobacco | Comments closed

Philip Morris International versus Altria

PM , MO PM , MO Back in 2008 Altria spun off its global tobacco operations in order to reduce litigation risk.
For the full article Go to Source.

Posted in Industry, Tobacco | Comments closed

Oregon: No Sale of E-Cigarettes

The Oregon Department of Justice reached settlements with two travel-chain stores that prohibit the sale of electronic cigarettes, which are not approved by the F.D.A.
For the full article Go to Source.

Posted in New York Times, Smoking and Tobacco | Comments closed

Kellogg profit rises 13 percent in 2Q

Kellogg Co. helped raise the mood on Wall Street Thursday, reporting second-quarter profits that beat expectations and saying it expects full year results at the high end of its goal.
For the full article Go to Source.

Posted in Industry, Tobacco | Comments closed

British American Tobacco 1H profit up 16 pct to 1.45 bln pounds

British American Tobacco PLC reported Thursday that its first half profit rose 16 percent compared to a year earlier to 1.45 billion pounds as top brands such as Lucky Strike showed better sales.
For the full article Go to Source.

Posted in Industry, Tobacco | Comments closed

Mayors focus on state’s biotech industry

A concerted educational, financial and government effort will be needed to keep the state’s biotechnology sector from following the path of manufacturing out of the state.
For the full article Go to Source.

Posted in Industry, Tobacco | Comments closed

Philip Morris Plant Closing In Concord; 1,000 Lose Jobs

About 1,000 employees will lose their jobs as a huge Philip Morris USA cigarette plant closes in Concord.
For the full article Go to Source.

Posted in Industry, Tobacco | Comments closed

AIG gives unit new name, new CEO

American International Group Inc. is eager to sell all or part its property-casualty business so much so that its changing the name of the unit to Chartis.
For the full article Go to Source.

Posted in Industry, Tobacco | Comments closed

Reynolds posts quarterly profit

Reynolds American Inc.’s ability to raise cigarette prices in response to a higher federal excise tax played a key role in the company posting a 4 percent increase in profits in the second quarter despite lower sales.
For the full article Go to Source.

Posted in Industry, Tobacco | Comments closed

Lorillard 2nd-quarter profit climbs on higher prices, volumes

Tobacco company Lorillard Inc. said Monday that its second-quarter profit climbed 32 percent to top Wall Street’s expectations as it increased prices, sold more cigarettes and increased market share for its Newport menthol brand.
For the full article Go to Source.

Posted in Industry, Tobacco | Comments closed