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Headlines Tagged with Altria/Philip Morris 12,490 headlines found

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Altria Profit Tops Estimates as Smokers Spend Gas Savings

Altria has raised prices on its traditional cigarettes, which include the Marlboro and Virginia Slims brands, while also developing products for the faster-growing e-cigarette market. Low gas prices and rising wages for lower-income workers also are help
Bloomberg News
added Jul 30, 2015 05:33
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Better Economy Has Smokers Buying More Marlboros

A better economy is helping sell more Marlboros and Camels, even as prices climb. That brought higher profits for their makers in the second quarter. Marlboro maker Altria Inc. has now seen two straight quarters of upticks in cigarettes sold. That is un
ABC News
added Jul 30, 2015 05:21
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VIDEO: Smoking is not cool. But cigarette stocks are hot.

How can these companies be doing so well at a time when smoking has been pretty much demonized...Make no mistake. The tobacco industry is not one that is likely to ever post huge levels of growth ever again. This isn't 1965. But investors who don't have a
CNN
added Jul 30, 2015 05:07
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[Asia-pacific] BOSTIC/STEWART: US Chamber of Commerce is in Big Tobacco’s thrall

Now that the Chamber’s relationship with Big Tobacco has been exposed, the U.S. must look skeptically on the rest of the organization’s agenda. With the tobacco industry responsible for the loss of more than 6 million lives every year, there appear to be
Aljazeerah
added Jul 30, 2015 04:37
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Traders Buy Shares of Philip Morris International on Weakness on Insider Selling (PM)

PM has been the subject of several analyst reports. Zacks raised Philip Morris International from a “hold” rating to a “buy” rating and set a $91.00 target price on the stock in a report on Monday, July 6th. Wells Fargo & Co. reaffirmed an “outperform” r
Dakota Financial News
added Jul 30, 2015 04:14
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Altria Reports 2015 Second-Quarter and First-Half Results; Raises 2015 Full-Year Adjusted EPS Guidance; and Announces New $1 Billion Share Repurchase Program

Altria and PM USA recorded pre-tax charges totaling $31 million for the estimated costs of implementing the corrective communications remedy in the federal government’s lawsuit against them.
Altria Group, Inc.
added Jul 29, 2015 11:58
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[Asia-pacific, Australia] LIVES AT STAKE IF TRANS PACIFIC PARTNERSHIP MEANS MEDS PRICE RISE

Public Health Association of Australia... “We’ve been told that there are strong safeguards to protect health and the environment,” says Dr Gleeson. “But what we’ve seen of these safeguards in leaked negotiating documents gives us little confidence that
Australian Journal of Pharmacy (AJP) (au)
added Jul 29, 2015 11:41
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[Asia-pacific] INTERVIEW-Australia happy with Pacific trade progress, draws line on sugar

As the talks near completion, Australia, which has been sued by Marlboro maker Philip Morris over tobacco plain packaging laws, was still reserving the right to seek an exception from a chapter letting foreign companies sue governments over damage to inv
Reuters
added Jul 29, 2015 11:35
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Australia faces $50m legal bill in cigarette plain packaging fight with Philip Morris

And that is just for the first stage. If in September the three-person extraterritorial tribunal decides Australia has a case to answer, the hearing will move on to substantive matters and the bills will become far bigger. The West Australian newspaper
Sydney Morning Herald (au)
added Jul 28, 2015 16:36
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[Hong Kong] Tobacco giant sues Australia

More than $50 million of taxpayer money is expected to go up in smoke defending cigarette plain packaging in a secretive international tribunal. But costs will pile up if Australia loses on its first defence that Philip Morris indulged in cynical “venue
West Australian (au)
added Jul 27, 2015 15:54
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