RICHMOND, Va.— Altria's fourth-quarter revenue improved thanks partly to higher tobacco product pricing, and the company announced a plan to reduce costs that includes job eliminations. Altria said the charges include about $120 million in employee separation costs. Altria earned $1.25 billion, or 64 cents per share, for the period ended Dec. 31.» Read More
LONDON, Aug 19- Health officials in Britain have for the first time endorsed e-cigarettes, saying they are 95 percent safer than tobacco equivalents and even suggesting doctors should be able to prescribe the "game-changing" devices to smokers trying to quit. Governments from California to India have tried to regulate their use more strictly, many fearing they...
A Britain Department of Health Study finds that smoking e-cigarettes is 95% less dangerous than smoking tobacco.
LONDON, Aug 19- Electronic cigarettes are around 95 percent less harmful than tobacco and should be promoted as a tool to help smokers quit, a study by an agency of Britain's Department of Health said on Wednesday. E-cigarettes, tobacco-free devices people use to inhale nicotine-laced vapour, have surged in popularity on both sides of the Atlantic but health...
*Philip Morris had aimed to raise at least $1 bln by cutting stake. JAKARTA, Aug 13- Philip Morris- owned Indonesia cigarette maker Sampoerna is planning a rights issue that will raise nearly $2 billion to meet stock exchange free-float rules, in what will be the Southeast Asian nation's biggest share sale in seven years. Sources previously said that Philip Morris...
Reynolds American shares hit an all-time high today on news of a 2 for 1 stock split and increased quarterly dividendSDiscussing the tobacco company's earnings, with Susan Cameron, Reynolds American president and CEO.
CVS Health quits the U.S. Chamber of Commerce over a dispute about tobacco.
Reynolds American wins U.S. antitrust approval to buy rival Lorillard.
Philip Morris International wants smokers to move to "reduced risk" products, CEO Andre Calantzopoulos tells CNBC.
André Calantzopoulos, Philip Morris International CEO, talks about the future of the tobacco industry and a new segment they're calling "reduced risk products."
Imperial Tobacco's underlying net revenue took a 3 percent hit in its growth markets due to instability in Iraq in the 6 months to March.
E-cigarettes may have been marketed as a healthier option to cigarettes, yet, a new report shows that 1 in 5 U.K. teenagers have tried them.
Countries facing potentially pricey legal challenges from big tobacco firms are to get help from a fund created by Bill Gates and Michael Bloomberg.
British politicians are expected to approve laws to enforce plain, standardized packaging for cigarettes.
Phillip Morris International on Wednesday announced that Carlos Slim will retire from its board of directors in May.
Three major U.S. tobacco companies will pay $100 million to settle hundreds of federal lawsuits over smoking.
Discussing Reynolds America's "fantastic" 4th quarter and strong year overall, with CEO Susan Cameron.
This list represents the largest capital commitments raised by private U.S. companies actively listed on equity crowdfunding platforms.
Marlboro maker Altria's profit more than doubled in the fourth quarter on higher cigarette prices and lower costs for paying down debt.
New rules allow U.S. travelers to bring back $100 worth of rum and cigars from Cuba. So how far does $100 bucks go in Havana?
Smoking costs the average smoker at least $1.1 million over a lifetime, according to a new analysis, as reported by the Detroit Free Press.