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Headlines Tagged with Altria/Philip Morris 11,199 headlines found

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[Philippines] Veteran insider to succeed retiring Philip Morris Fortune Tobacco president

Cigarette maker Philip Morris Fortune Tobacco Corp. Inc. (PMFTC) will have a new president starting May 1, succeeding Chris Nelson who is retiring effective on the same date. In an emailed statement, the company said Nelson will be succeeded by Paul Ril
GMANews.TV (ph)
added Apr 25, 2013 14:10
15 Views

Altria to Launch E-Cig as Cigarette Demand Softens

--Profit lifted by credit, higher cigarette and smokeless pricing --Total cigarette market share reaches highest level in four years --Altria to enter e-cigarette market in back half of 2013
NASDAQ
added Apr 25, 2013 13:43
12 Views

[California] Altria Should Pay $544 Million Over ‘Light’ Ads, Lawyer Says (3)

Mark Robinson, who represents smokers who brought the lawsuit as a class action, or group case, said in state court in San Diego today he will present internal Philip Morris documents proving its top executives were aware that Marlboro Lights were as add
Business Week/Bloomberg
added Apr 25, 2013 11:10
12 Views

Altria to Sell E-Cigarette as Marlboro Demand Slides

The electronic cigarette will be sold in an undisclosed market starting in the second half of 2013, Richmond, Virginia- based Altria said today in a statement. The company declined to provide additional information until a conference call with analysts t
Bloomberg News
added Apr 25, 2013 10:19
8 Views

Marlboro sales, market share eyed as cigarette maker Altria Group reports 1Q results Thursday

The premium Marlboro brand has been under pressure from competitors and lower-priced cigarette brands as consumers face economic pressure and high unemployment. Those economic challenges are in addition to the tax hikes, smoking bans, health concerns and
AP - Associated Press
added Apr 24, 2013 09:03
31 Views

Where There's Smoke, There's Still Profit ($$)

When the three major U.S. tobacco companies report their first-quarter results this week, investors can find comfort in two themes that have remained consistent for years: Cigarette volumes will fall, but profits will rise. ... The worries about pricing
The Wall Street Journal Interactive Edition
added Apr 22, 2013 08:31
20 Views

[Europe] Philip Morris' Cigarette Volumes Slump Worsened By New Philippines Tax

Philip Morris International (NYSE:PM) reported its first quarter earning results on April 18. As expected, the company witnessed a sharp decline in cigarette volumes primarily due to an abrupt hike in indirect taxes in Philippines and continuing weakness
Trefis
added Apr 20, 2013 12:40
174 Views

[Florida] Jurors Hold Tobacco Companies Accountable for Engaging In 50-Year Conspiracy Of Misrepresenting Dangers Of Smoking Cigarettes, Plaintiffs' Counsel Announce

Damages Totaling Nearly $32 Million Returned In Two Cases in Federal Court In Florida This Month
Business Wire
added Apr 20, 2013 11:59
1 View

Philip Morris 1st-Quarter Net Down 1.7% on Higher Expenses

Philip Morris International Inc.'s (PM) first-quarter profit shrank 1.7% as the tobacco giant's higher costs offset stronger revenue.
Dow Jones News Service
added Apr 18, 2013 20:53
3 Views

Philip Morris Int’l 1st-quarter profit falls 2 pct on fewer cigarettes sold; cuts year outlook

Cigarette maker Philip Morris International Inc. said Thursday that its first-quarter profit fell nearly 2 percent on a decline in the number of cigarettes sold. The company, based in New York and Switzerland, lowered its full-year earnings guidance beca
AP - Associated Press
added Apr 18, 2013 16:27
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