Tag Archives: Reynolds American Inc
Reynolds adds aids to stop smoking
Reynolds American Inc., the second-largest tobacco company in the United States, expressed ots intention to participate in the nicotine-replacement therapy marketplace. The tobacco company launched the Zonnic gum of its Niconovum pharmaceutical subsidiary. With this gum Reynolds is asking smokers to trust the company that it produces the right smoking cessation product for them. Until four years ago, anti-tobacco advocates … Continue reading Continue reading
Cigarette Prices Increasing 6 Cents per Pack
Tobacco companies such as Altria Group Inc. and Reynolds American Inc. are going to increase the prices of cigarettes by a six-cent per-pack. However, a cigarette maker Lorillard Inc. has not followed this move, the Wall Street Journal informed. Philip Morris USA, the property of Altria and maker of Marlboro and L&M cigarettes, will bring its cigarette price increase into … Continue reading
New Tobacco Study Raises Cigarette Price Hike Possibility
The Wells Fargo Securities 1Q12 U.S. Tobacco Retailer Survey found that more than 70 percent of the company’s tobacco industry retailer and wholesale trade contacts expect to see a price increase in May or June. Wells Fargo Securities anticipates The Altria Group’s Philip Morris USA division to lead the 5-cent to 7-cent bump, according to Bonnie Herzog, managing director of … 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
