Category Archives: Cigarette Manufacturers
Philip Morris Flourishes Since Spinoff
Philip Morris International is the world’s leading international tobacco company with eight of the world’s top 15 international brands, including Marlboro, the top cigarette brand in the world. Until a spin-off in March 2008, Philip Morris International was an operating company of the Altria Group. The independent Philip Morris International sells tobacco products in the international markets while Altria maintains … Continue reading
Tobacco firm all of a sudden drops New York Dolls tour
LEGENDARY rock’n’roll band the New York Dolls have cancelled their Australian tour after their plans to play a series of tobacco industry promotional events were exposed. The band’s October tour itinerary, posted on its website, included shows in Melbourne, Brisbane and Sydney for cigarette brand Peter Stuyvesant, owned by Imperial Tobacco, along with dates at New York-themed festival the Boroughs. … Continue reading
Imperial Tobacco, British Land rise in London
After a flat start, the FTSE 100 index rose 0.3% to push past the key 6,000 mark at 6,007.80 in late morning trading. The index gained 0.7% on Friday, its sixth positive session, and longest winning streak since the six days ended March 30. Action for London was muted because of the July 4 Independence Day holiday in the U.S., … Continue reading
Lorillard Raises Cigarette Prices, Competitors Likely To Follow
NEW YORK – Lorillard Inc. (LO) has increased prices on most of its cigarette brands, its first such increase in seven months. The company raised the price of its largest seller, Newport Menthol, by five cents per pack. Newport non-menthol, a relatively new but fast-growing line, is getting an 11 cent per-pack boost, while other brands will increase by eight … Continue reading
Tobacco companies fall
RICHMOND, Va. (AP) — Shares of tobacco companies that serve the U.S. market fell Tuesday after the Food and Drug Administration said it is conducting an independent review of research on the public health impact of menthol cigarettes. Menthol cigarettes are one of the few growth areas in the cigarette industry. The federal agency said Monday that members of its … Continue reading
Philip Morris USA sues retailers in Miami area
Cigarette maker Philip Morris USA said Monday that it has filed a lawsuit against 17 retailers in the Miami area, claiming they sold counterfeit Marlboro cigarettes. The lawsuit, filed in U.S. District Court for Southern Florida, is the latest in an ongoing series of legal actions by the Henrico County-based company aimed at fighting counterfeit sales of its top-selling cigarette … Continue reading
Philip Morris Says Australia Plain-Pack Law Violates Treaty
June 27 (Bloomberg) — Philip Morris International Inc., the world’s largest publicly traded tobacco company, said an Australian proposal requiring cigarettes to be sold in plain packages violates a treaty with Hong Kong and may cause billions of dollars in damages. The maker of Marlboro and Peter Jackson cigarettes said it served the government with a notice of claim stating … Continue reading
Why Haven’t Tobacco Brands Lit Up On Facebook?
Major tobacco companies would fire up Facebook pages if New Zealand stubs out cigarette advertising. That’s the gist of a New Zealand Ministry of Health report called “Better Retail Controls On Tobacco,” written by the agency’s Deputy Director General Margie Apa. According to the 19-page report: There is also a risk that tobacco companies will divert their marketing efforts into … Continue reading
Cigarette makers sue over ad ban
The nation’s three biggest tobacco companies are taking aim at part of a new Worcester antismoking ordinance that would dramatically limit advertising of tobacco products. The citywide ban would prohibit any signs visible from the street that entice buyers to purchase specific cigarette brands like Marlboro or Camel, or tobacco products. Retailers would be allowed to advertise only that they … Continue reading
Altria Group Still Has Upside
The Altria Group (MO) is engaged in the manufacture and sale of cigarettes, certain smokeless products and wine within the United States. MO has a number of entities, namely Philip Morris USA, U.S. Smokeless Tobacco Company and Philip Morris Capital Corporation. In addition, the company held a 27.3% stake in the second-largest brewer SABMiller (SBMRY.PK). The company made a spin-off … Continue reading
