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Headlines Tagged with Settlements 14,839 headlines found

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Cigarette companies settle dispute over payments to 17 states, including Virginia

Va. and others will split $4B from companies including Philip Morris
Richmond (VA) Times-Dispatch
added Mar 13, 2013 15:37
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California mulls $2 tax for cigarettes, risk for tobacco bonds

California's anti-smoking advocates are asking their legislature to back a $2 state tax hike on cigarettes - double the increase voters rejected last year - on the heels of President Barack Obama's urging a federal cigarette tax increase earlier this mont
Reuters
added Apr 22, 2013 20:14
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[North Carolina] Electronic cigarettes gaining on traditional products

Herzog said recently in a note to investors that e-cig sales could grow fast enough to affect the payments states receive from the landmark Master Settlement Agreement.
Winston-Salem (NC) Journal
added Dec 15, 2012 22:06
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The Burning Truth About Tobacco Bonds

We believe professional management, knowledge, and experience in this sector of the municipal bond market are of paramount importance. VanEck offers these through its ETFs, thereby providing investors with an attractive way to access this dynamic part of
Seeking Alpha blog network
added May 25, 2017 21:56
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[Florida] $13.8M Verdict in Smoking Case That Harkened Back to Tobacco-Fighting 'Dream Team'

Scott Schlesinger, whose late father Sheldon Schlesinger worked alongside heavy-hitting Tampa attorney C. Steven Yerrid.. It's a battle his family has been fighting for decades, including when Chiles' "dream team" recovered $11.3 billion in Medicaid expen
floridabiz.com (Daily Business Review)
added May 9, 2017 14:53
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OLSON: Winners and Losers from the FDA's Vaping and Cigar Crackdown

Under the 1998 tobacco settlement, which I and others at Cato have criticized at length, a large chunk of revenue from these conventional sales goes to state governments. But this revenue source has been eroded badly as smokers switch to vaping, a trend t
Cato Institute
added May 12, 2016 02:52
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[Rhode Island] Oppenheimer's Tobacco Bond Dispute Heard in RI Court

Oppenheimer squared off against the Rhode Island Tobacco Settlement Financing Corp. at a state court hearing Monday as the fund company sought to block a $593 million tobacco bond refunding sale originally slated for early August.
Bond Buyer Online
added Sep 8, 2014 16:45
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[Canada] Supreme Court upholds Oklahoma decision against tobacco company

The nation's high court rejected an appeal from a Canadian company that claimed the state couldn't collect payments for cigarettes sold to Indian tribal members. ... Without comment, the high court let stand a decision by the Oklahoma Court of Civil Appe
The Oklahoman
added Dec 4, 2013 05:28
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Tobacco Bonds Face Default Risk as Smoking Drops, Moody's Says

The declining number of U.S. smokers is proving hazardous to the health of municipal bonds backed by payments from cigarette companies under a 1998 settlement with 46 U.S. states, Moody’s Investors Service said.
San Francisco (CA) Chronicle
added Jul 13, 2012 06:34
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Shannon Hughes: Anti-tobacco movement working in Florida ($$)

The milestones Florida has achieved are a reminder that comprehensive tobacco control programs work, however, there is still much work to be done in the fight against tobacco. Historically, the battle has been against cigarettes and the tobacco control mo
Ft. Lauderdale (FL) Sun-Sentinel
added Sep 17, 2013 07:01
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