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Impact Of Illicit Cigarettes On Philip Morris In Asia

The loss of revenues to Philip Morris occurs because of the incidence of counterfeiting, domestic illicits and unspecified illicits. Contrabands are expected to augment company revenues in countries where they are purchased by the smugglers.
Trefis
added Nov 13, 2014 19:35
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Excise Taxes, Illegal Cigarettes And Altria: The Case Of Massachusetts

If Massachusetts manages to increase its revenues from higher taxes to the extent they have forecast, it would mean that the current rates of tax on cigarettes is not at the peak of the Laffer curve This could motivate other states to follow suit in hikin
Forbes
added Nov 13, 2014 02:27
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33 Colleges and Universities "Free from Tobacco Money"

ASH) announced today that 33 colleges and universities are being certified "Free from Tobacco Money" in honor of their divestment from tobacco interests. This certification is also awarded in recognition of American Education Week. For the full list of th
PR Newswire
added Nov 12, 2014 15:38
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[Asia, India] ITC jumps on new health minister appointment

ITC Ltd jumps 4.3 percent, heads towards its biggest single-day gain since Sept. 10, 2013. Traders cite appointment of J.P. Nadda as new health minister as reasons behind gains...hope new minister may not pursue a much speculated tax increase
Reuters
added Nov 11, 2014 15:44
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[North Carolina] Lawsuit targets British American’s role in Reynolds deal

wants the deal blocked essentially because British American Tobacco PLC is protecting its 42 percent Reynolds stake at the expense of public shareholders. The Beatrice Corwin Living Irrevocable Trust is suing Reynolds, its board — which includes top execu
Winston-Salem (NC) Journal
added Nov 11, 2014 15:39
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There Can Only Be One Winner In Big Tobacco's E-Cig War

It simply comes down to the fact that Altria can outspend its smaller peers. Further, Altria is working on the development of other reduced risk products that can win over and sway the consumer towards its brand. And this is without mentioning the fact th
Seeking Alpha blog network
added Nov 11, 2014 06:20
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Can Altria become a Top Mover and Shaker in the E-Cigarettes Business?

As Reynolds American Inc. and Lorillard Inc., combine forces to try to outdo Altria's progress in the cigarette industry by trying to lower the 40% market foothold that the company has already gained, speculations are running high from investors and key
NASDAQ
added Nov 10, 2014 16:01
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Why E-Cig Makers Put Up Large Warnings On Their Packs

such voluntary efforts at social responsibility increase the pressure on smaller manufacturers to follow suit as the government amps up regulation. This can help consolidate the e-cigarettes industry faster as smaller players either shut down or get bough
Trefis
added Nov 10, 2014 15:00
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[UK] Councils paid to cut smoking, but have £2bn of tobacco shares

Local authority pension funds have nearly £2bn invested in the tobacco industry despite the county councils they represent being responsible for promoting public health, including anti-smoking campaigns, The Independent on Sunday can reveal. Figures obta
The Independent (uk)
added Nov 10, 2014 11:22
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Is CVS Health's "Tobacco-Tax" Brilliant or Stupid?

detractors think it may alienate customers. Both sides have valid arguments, but I think that CVS Health's decision leans toward the brilliant. Here's why.
Motley Fool
added Nov 9, 2014 19:40
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