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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.
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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. Full intro
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." Full intro
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. Full intro
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.
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