One central Massachusetts town of 7,700 has become an improbable battleground in America's tobacco wars.» Read More
LONDON, Nov 19- Philip Morris International Inc, the world's largest tobacco company, plans to launch its new iQOS smokeless device and Marlboro HeatSticks in Milan, Italy on Thursday following a better-than-expected launch in Nagoya, Japan earlier this month. The burgeoning market for electronic cigarettes is a key battleground for Big Tobacco players such...
RICHMOND, Va.— Reynolds American Inc. is launching a cigarette that heats tobacco rather than burning it, hoping to capitalize on the growing appetite for alternatives to traditional smokes. The nation's second-biggest tobacco company said Monday that it will begin selling Revo— a cigarette that uses a carbon tip that heats tobacco after being lit— in...
*Swedish Match looks to expand snus in U.S. market. But the future for main manufacturer Swedish Match may hinge on efforts to convince U.S. authorities these small pouches, banned on health grounds in the rest of the European Union, are less harmful than most other tobacco products. "It could potentially be an important catalyst," Swedish Match CEO Lars Dahlgren...
WASHINGTON, Oct 22- U.S. business and agriculture groups have urged Pacific trading partners not to exclude tobacco from investment protection rules in a new free trade deal under negotiation, warning it would set a bad precedent. The U.S. Chamber of Commerce, American Farm Bureau Federation, National Association of Manufacturers, American Meat Institute and...
WASHINGTON, Oct 21- The United States has floated excluding tobacco products from a key section of a 12- nation Pacific trade deal and signaled it may present a formal proposal to trading partners at talks in Australia, sources briefed on the negotiations said. Marlboro maker Philip Morris International is challenging Australia's plain packaging laws, which...
Morgan Stanley and Credit Suisse are among the major underwriters for the offering, the company said in a regulatory filing on Friday. The company had more than 2,100 enterprise customers as of Sept. 30, including JPMorgan Chase& Co, Philip Morris International, Boeing Co and Wal-Mart Stores Inc. The Ames, Iowa- based company's net loss widened to $28.4 million in...
NEW YORK, Oct. 1- Two tiny companies are preparing to challenge some of the world's largest drug makers in the battle for dominance in the $3 billion global market for influenza vaccines, armed with little more than tiny tobacco plants.
Sept 24- The Illinois Supreme Court agreed on Wednesday to hear Philip Morris USA's appeal of a $10.1 billion verdict accusing the Altria Group Inc unit of misleading consumers about the risks of smoking "light" cigarettes.
Sept 24- The Illinois Supreme Court on Wednesday agreed to hear Philip Morris USA's appeal of a $10.1 billion verdict accusing the Altria Group Inc unit of misleading consumers about the risks of smoking "light" cigarettes.
The 2008 lawsuit against Philip Morris, an Altria Group Inc company, concerns cigarette sales to the Navy Exchange Service Command and the Army and Air Force Exchange Service, both of which operate facilities that sell products to military personnel and their families.
NEW YORK, Aug 6- Drugmakers' use of the tobacco plant as a fast and cheap way to produce novel biotechnology treatments is gaining global attention because of its role in an experimental Ebola therapy.
BRUSSELS, July 18- The European Commission's call for views on a contentious part of a planned EU-U.S. free trade deal has drawn almost 150,000 responses that will take months to process, a senior EU official said on Friday.
Quarterly earnings growth and clues from companies' commentaries will tell whether there really will be a bounce back in growth in the second half.
*Reynolds, Lorillard marriage seen making $500 mln savings. LONDON, July 11- U.S. cigarette maker Reynolds American Inc is in talks to acquire rival Lorillard Inc in a multi-billion dollar deal that would reshape one of the world's biggest and most profitable tobacco markets, the companies said on Friday.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
LONDON, June 27- Marlboro cigarette maker Philip Morris International is seeking to challenge Europe's new laws on tobacco products, the latest clash between Big Tobacco and governments seeking tighter regulation.
Some of Thursday's midday movers:
Some of the names on the move ahead of the open.
Philip Morris cut its 2014 earnings forecast saying it is proving to be a "complex and truly atypical" year for the company.
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.