Reclassifying roll-you-own tobacco as pipe tobacco and small cigars as large ones saves the tobacco industry billions. NBC News reports.» Read More
If you’re new to the market, Cramer says there’s one term you absolutely must understand before trading stock.
Before you put your next dollar in stocks, Cramer would like a word about cyclical versus secular stocks.
June 26- Cigarette maker Philip Morris International Inc cut its earnings forecast for 2014 and said it is proving to be a "complex and truly atypical" year for the company.
The rapid growth of electronic cigarette sales poses a rising risk to holders of as much as $96 billion of bonds tied to payments tobacco companies.
NEW YORK, June 24- The rapid growth of electronic cigarette sales poses a rising but under-appreciated risk to holders of as much as $96 billion of bonds tied to payments tobacco companies make to U.S. states from a sweeping legal settlement in 1998..
Industry trade groups, as well as cigarette makers, including Philip Morris parent Altria Group Inc, Reynolds American Inc and Lorillard Inc, complained that the limits violated their free speech rights and were pre-empted by other federal and state laws.
Industry trade groups, as well as cigarette makers, including Philip Morris parent Altria Group Inc, Reynolds American Inc and Lorillard Inc, complained that the limits violated their free speech rights and were pre-empted by other federal and state laws. A lawyer for most of the plaintiffs referred a reporter to Altria, which did not have an immediate comment.
Electronic cigarettes, promoted as a healthier alternative to tobacco, are getting powerful new backers: big tobacco firms. NYT reports.
NEW YORK, June 11- Imperial Tobacco Group Plc is evaluating a deal for assets likely to be divested from Reynolds American Inc and Lorillard Inc if the two U.S. tobacco companies proceed with a proposed combination, according to people familiar with the matter.
Buying stocks that are just about to go "ex-dividend" might be the closest thing to a sure thing as markets offer. USA Today reports.
This bank's "sins" are 6 to 8 years old and the good things are all coming, value investor Bill Smead tells CNBC.
Although you may search the market far and wide for value, sometimes the best plays are right under your nose.
In the midst of e-cigarette regulation decisions, the FDA has included lost consumer enjoyment from less smoking in cost-benefit analysis.
NEW YORK, June 2- As U.S. health regulators consider what rules to impose on electronic cigarettes, in their tally of costs and benefits they have placed a value on the lost pleasure consumers may suffer if they used the products less or not at all.
NEW YORK, May 30- When Lorillard Inc bought the blu eCigs brand two years ago, the electronic cigarette had a 10 percent share of a tiny U.S. market, generating about $50 million in sales.
E-cigarette sales at US convenience stores fell for the first time, underlining a shift to larger, cheaper devices, the FT reports.
May 25- Some of the leading U.S. producers of electronic cigarettes are moving their manufacturing to the United States from China in response to growing concern about quality and the prospect of tighter federal regulations.
WASHINGTON, May 22- An acquisition of U.S. cigarette-maker Lorillard Inc by Reynolds American Inc could face a bumpy road with antitrust regulators, experts said, with some predicting the deal could be blocked outright and others saying it could only go through with significant divestitures.
NEW YORK, May 21- Reynolds American Inc is in active discussions to buy Lorillard Inc in a complicated, three-way transaction that could see British American Tobacco PLC take a major role to back a potential merger, according to people familiar with the matter.
I started throwing up, "said one 16- year-old worker, who worked pulling tops off of tobacco plants to help increase yields, according to Human Rights Watch, which interviewed 141 youths aged 7 to 17 working on tobacco farms in Kentucky, North Carolina, Tennessee and Virginia.