Categories: · Business International: · USA |
|
Volumes drops hit Philip Morris International |
|
Source:http://www.marketwatch.com/,2009-10-28
|
Volume declines in some key markets -- especially for its flagship Marlboro brand - and the lack of a one-time gain helped push Philip Morris International's third-quarter profit down 14%, the tobacco titan said Thursday.
|
|
Categories: · Business International: · USA |
|
Philip Morris raises quarterly dividend by 7.4% |
|
Source:http://www.marketwatch.com/,2009-09-18
|
Philip Morris International Inc. said Tuesday that its board increased the company's quarterly dividend by 7.4% to 58 cents a share, compared to the previous 54 cents a share. The tobacco giant said the dividend is payable Oct. 9 to shareholders of record as of Sept. 28.
|
|
Categories: · Business International: · USA |
|
R.J. Reynolds sues FDA over First Amendment rights |
|
Source:http://www.marketwatch.com/,2009-09-07
|
Reynolds Tobacco Co., a unit of Reynolds American Inc. said Monday it joined other tobacco companies and is suing the Food and Drug Administration over alleged First Amendment violations. R.J. Reynolds said a new law passed by Congress contains provisions that "severely restrict the few remaining channels we have to communicate with adult tobacco consumers."
|
|
Categories: · Business International: · U.K. |
|
Imperial Tobacco sees trading in line |
|
Source:http://www.marketwatch.com/,2009-07-31
|
Imperial Tobacco said Thursday that that overall performance and financial position of the group remains in line with the board's expectations. The company said its share of the U.K. cigarette market in the nine months to June fell to 45.3% from 45.9%. In the Americas the group said its estimated cigarette market share was stable at 4.2% over the same period.
|
|
Categories: · Business International: · USA |
|
Higher prices, snuff volume boost Reynolds American |
|
Source:http://www.marketwatch.com/,2009-07-27
|
Higher prices, paired with a bump in moist-snuff volume, helped Reynolds American boost its second quarter profit, prompting the tobacco giant to lift its full-year outlook Thursday.
|
|