Category Archives: Industry

Fla. jury awards $300 million in ex-smoker’s suit

A South Florida jury on Thursday ordered Philip Morris USA to pay $300 million to a former smoker, agreeing that the tobacco company’s negligence was the cause of her emphysema.
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Philip Morris USA sues over counterfeit Marlboros

Philip Morris USA, the nation’s largest tobacco company, said Thursday it has filed federal lawsuits accusing 10 New York and New Jersey retailers of selling counterfeit Marlboro cigarettes.
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Van Nelle Canada Ltd. plant closing

Industry: Weak market forces Imperial Tobacco to move manufacturing to U.S. B1 REBECCA PENTY Telegraph-Journal A Woodstock manufacturer of cigarette filter tubes will be closing up shop due to a decision made by its parent firm Imperial Tobacco Group PLC in reaction to local markets it has deemed poor.
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3 Ridiculously Cheap, High-Quality Companies

Of all the insights I’ve heard over these crazy months, the most telling came from an investor who appeared on CNBC last fall and advised, in all seriousness, “There’re only two positions to be in right now: cash, and fetal.” I get it.
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Guru Gompanies Raising Dividends: UVV, KIM, MCHP, AAN

This is the group of companies who raised their dividend during the week: Universal Corporation , Kimco Realty Corporation , Microchip Technology , and Aaron’s, Inc.
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Vector Group grows profit, revenue

Vector Group Ltd., a Miami-based tobacco company with operations in the Triad and Triangle, grew revenue and net income during the third quarter, according to an earnings report released after the close of U.S. stock markets Monday.
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Star Scientific faces delisting

Tobacco company Star Scientific Inc. has six months to get its stock price above $1 per share or face possible delisting from the Nasdaq stock exchange.
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Star Scientific Inc. (STSI) President & COO Paul L Perito buys 30,000 Shares

President & COO of Star Scientific Inc. Paul L Perito buys 30,000 shares of STSI on 11/13/2009 at an average price of $0.8 a share.
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Imperial Tobacco names Alison Cooper as CEO designate

The chief executive of Imperial Tobacco is to step down after 37 years at the cigarette maker, as it posted sharply higher pre-tax profits.
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Same Company Makes Cigarettes… and Quit-Smoking Aids?

Why would a cigarette company buy a firm that makes products to help smokers quit? Cigarette products of the R.J. Reynolds Tobacco Company, part of Reynolds American, are shown on the… Cigarette products of the R.J. Reynolds Tobacco Company, part of Reynolds American, are shown on the counter of a beverage store in Creamery, Pa., [...]

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