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Philip Morris Q3 Profit Beats View, Despite Lower Volume; Cuts Forecast

reported Thursday a higher profit in its third quarter, even as revenues excluding exercise taxes edged up due to negative currency impacts. Quarterly earnings per share beat analysts' estimates, while revenue missed their view as cigarette shipment volum
NASDAQ
added Oct 18, 2013 08:42
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A Once-In-A-Lifetime Opportunity For British American Tobacco plc

Indeed, BAT announced earlier this year that it has appointed its former group operations director, Des Naughton, as managing director of its Next Generation Products division. Alongside him will flow substantial investment, with the company expecting a
Motley Fool UK
added Jun 18, 2013 13:47
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Big Tobacco Botches the E-Cig Name Game

In failing to use the Marlboro name, Altria seems to be neutralizing its single-biggest strength: a consumer brand ... if Big Tobacco is going to continue to be a good investment for its shareholders, management needs to focus on leveraging their core br
InvestorPlace.com
added Jun 13, 2013 11:01
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[Asia] Kyrgyzstan plans to attract investment to boost tobacco production

Tobacco production in Kyrgyzstan in 2012 significantly decreased and amounted to 7,400 tons worth 631 million soms ($13.1 million) in comparison with 1.083 billion soms ($22.5 million) in 2011, the Kyrgyz Agriculture Ministry reported.
The Times of Central Asia (kg)
added May 23, 2013 21:47
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[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
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California Tobacco Bond Sale a Hit With Investors

California on Tuesday had little trouble selling $380 million in municipal bonds backed by revenue from tobacco companies, even as litigation deepens over a payment dispute related to the companies' lost market share.
The Wall Street Journal Interactive Edition
added Apr 2, 2013 19:40
27 Views

Why Big Tobacco Is Watching E-Cigarettes

All of this put together basically implies that the segment has huge growth potential in the coming years and is something that tobacco giant like Altria (NYSE:MO) and Philip Morris International (NYSE:PM) need to monitor.
Trefis
added Jan 11, 2013 09:51
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Can Star Scientific Leave its Big Tobacco Past Behind?

While Star Scientific (NASDAQ:STSI) is remoulding itself, focusing on dietary supplements rather than smokeless cigarettes, the company is still haunted by Big Tobacco.
Wall St. Cheat Sheet
added Nov 13, 2012 11:40
27 Views

Has tobacco run out of puff?

Investors Chronicle
added Jun 6, 2012 07:09
26 Views

Altria Cigarette Shipments Decline

Altria Group Inc. on Thursday said it plans to eliminate jobs as part of a cost-savings plan that will save the company $300 million annually. During a call with analysts, Chief Executive Marty Barrington declined to say how many jobs would be cut becau
NASDAQ
added Jan 28, 2016 20:33
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