Monthly Archives: October 2009

Philip Morris, Reynolds raising per-pack prices

The nation’s two top cigarette-makers are boosting per-pack prices by 6 cents to 8 cents.
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John O’Quinn, 68, Star Personal-Injury Lawyer in Texas, Dies

Mr. O’Quinn was a plaintiff’s lawyer whose outsized personality matched the jury awards he won for his clients.
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N.Y. Bid for $15 Million Fee Against Tobacco Giant Ruled Excessive

A Manhattan judge has rejected New York state’s bid to collect $15 million from R.J. Reynolds Tobacco Co.
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AMCON Distributing Company Increases Quarterly Dividend by 80%

AMCON Distributing Company , an Omaha, Nebraska based consumer products company is pleased to announce that the Board of Directors of AMCON has increased its quarterly cash dividend by 80% to a rate of $0.18 per common share.
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Another Boost to Cigarette Prices

Philip Morris USA will raise prices on its top-selling Marlboro and other cigarette brands, a company spokesman said on Monday.
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British American Tobacco’s sales fizzle out as recession takes hold

British American Tobacco Plc, the world’s second-biggest cigarette maker, posted a 3 percent dip in underlying nine-month sales volumes as it said trading conditions had deteriorated.
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New York state might try to collect taxes on Indian cigarette sales

In this April 20, 1997, picture, New York State Police and Seneca Nation Indians and their supporters clash on the New York State Thruway on the Cattaraugus Indian Reservation, near Irving, as the Senecas hold a protest rally over New York state’s attempt to collect taxes on cigarettes and gasoline sold on the reservation.
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On the Call: Lorillard CEO Martin Orlowsky

Cigarette maker Lorillard Inc.’s largest competitors _ Altria Group Inc. and Reynolds American Inc.
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NY may try to collect taxes on Indian cigarettes

A deepening deficit has New York officials looking again at how to collect unpaid taxes on cigarettes sold by Indian tribes to non-Indians. The issue is also making unlikely allies of cigarette makers and anti-smoking interests who say taxation would limit illegal sales and keep cigarettes out of the hands of minors.
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Lorillard 3rd-quarter profit dips partly on higher expenses, consumers curbing their spending

Cigarette maker Lorillard Inc. said Monday that its third-quarter profit dipped 1 percent, pinched by higher expenses and consumers tightening their spending.
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