Tag Archives: Altria Group Inc.
Stronger Smoking Bans Could Save Lives, Cancer Group Says
States could save as many as 2 million lives and as much as $2 billion in healthcare costs by adopting strong tobacco control policies, according to research released on Wednesday by the American Cancer Society. Two reports released simultaneously by the public health group attempt to estimate the impact of comprehensive smoke-free laws and increased tobacco taxes have made in … Continue reading
Sector Snap: tobacco companies
NEW YORK (AP) — The lack of any significant amendments to a pending report on menthol cigarettes bodes well for tobacco companies, according to one analyst, who said that it reduces the chances that a harsher federal crackdown is on the way. In March, a Food and Drug Administration advisory panel said that removing menthol cigarettes from the market would … Continue reading
Philip Morris USA Parent Fights Mini-Tender Offer
RICHMOND, Va. (AP) — Altria Group Inc., the parent of the Philip Morris USA tobacco empire, went on the offense after an investment company offered to buy 4 million of its shares — much less than 1 percent of its outstanding stock — at a below-market price. Altria issued a statement Friday afternoon urging shareholders not to sell to TRC … Continue reading
Parents Warned about New Tobacco Sticks
McClatchy News Service — A new tobacco product being sold in Kansas has prompted warnings from state health officials, who say the tiny “smokeless tobacco sticks” could pose a danger to children. Altria Group Inc., the parent company of Philip Morris USA and U.S. Smokeless Tobacco Co., recently began test-marketing the tobacco-coated sticks at select retailers in Kansas, including Wichita, … Continue reading
Why Phillip Morris changed its name to Altria
Today the company is called Altria Group Inc., but since the beginning of the 20th century, it was always known as Phillip Morris. Originally incorporated in 1902, what began as a small New York City tobacco company grew into the great American corporation that stood behind the country’s premium brand of cigarettes: Marlboro. Oscar Mayer, Philadelphia, Oreo and Maxwell House … Continue reading
