×

Food and Beverage Tobacco

  • *Japan becomes battle ground for tobacco-based e-cigarettes. *Japan Tobacco to start selling Ploom Tech in Tokyo in June. The world's No.3 tobacco company said it would begin selling Ploom Tech in some parts of Tokyo from June, but added a rollout in other cities would start only from the first half of 2018- later than initially expected.

  • The recall involved certain cans made in the company's Franklin Park, Illinois, facility. "We believe this was a deliberate, malicious act by an individual or individuals familiar with the quality and safety procedures at its Franklin Park, IL facility", Altria said in a e-mailed statement. A majority of U.S. Smokeless Tobacco Company's cans made at a separate...

  • The company got complaints from eight consumers in Indiana, Texas, North Carolina, Tennessee, Wisconsin and Ohio, who found some sharp metal objects in certain cans. The recall involved certain products under brands Cope, Copenhagen, Husky Brands and Skoal, which were made in the company's Franklin Park, Illinois, facility. The company said it notified the U.S. Food...

  • On Tuesday, British American Tobacco Plc announced a $49- billion deal to take over rival Reynolds American Inc, uniting two major e-cigarette players in the United States and United Kingdom and becoming a bigger competitor to Philip Morris International Inc and U.S. partner Altria Group. "Suddenly things that were not conceivable became something we...

  • A pile of Benson & Hedges Gold cigarettes, produced by British American Tobacco Plc.

    Jim Cramer says he had an epiphany for Philip Morris to remain dominant in the tobacco world.

  • A pack of Marlboro cigarettes, left, manufactured by Philip Morris International Inc., a unit of Altria Inc., sits beside packs of Camel cigarettes, manufactured by Reynolds American Inc.

    Reynolds shareholders will receive $29.44 in cash and 0.5260 BAT shares for each of their shares under the terms of the deal.

  • Susan M. Cameron

    The deal hit the "sweet spot" that benefits shareholders on both sides, Reynolds American Executive Chairman Susan Cameron says.

  • Marlboro cigarettes, a product of Philip Morris International

    Previously unreported letters to the trade minister warn "discriminatory" and "protectionist" proposals would be a blow to its plans.

  • *Philip Morris pushing India not to change foreign funding norms. In previously unreported letters from Philip Morris to the trade minister and an influential government think-tank, the U.S.-based company said the "discriminatory" and "protectionist" proposals would represent a blow to its plans to launch new products and make further investments in India.

  • Here's why farmers won't stop growing tobacco

    The World Health Organization says farmers face hurdles when switching from tobacco to alternative crops.

  • *Philip Morris, BAT also have agreements in China. The joint venture, Global Horizon Ventures Limited, will be based in Hong Kong and link Imperial with CNTC subsidiary Yunnan Tobacco, which controls over one-fifth of the Chinese market. Imperial said the joint venture will expand Imperial's West and Davidoff brands in China, and Yunnan's Jade and Horizon brands...

  • An indigenous woman works at a tobacco field near the Sangu River at Thanchi on January 2, 2017 in Bandarban, Bangladesh.  Tobacco cultivation has been found to destroy soil fertility and groundwater resources.

    Crop diversification can lower smoking rates in low-income countries, but it's hard pitch to sell to farmers, according to the WHO.

  • LONDON, Jan 5- British American Tobacco has quit plans to market a nicotine inhaler called Voke to focus on consumer items like e-cigarettes rather than health products. The move reins in BAT's earlier, very diversified approach to cigarette alternatives, which are being pursued by all big listed tobacco companies including Philip Morris International and...

  • LONDON, Jan 5- British American Tobacco has quit plans to market a nicotine inhaler it was working on to focus on consumer items like e-cigarettes rather than health products. Voke has been approved by Britain's drug regulator as the first e-cigarette- like product of its kind to be medically prescribed for people trying to quit smoking. BAT, which is in talks on a...

  • Calpers sells tobacco stocks

    Thomas Russo, Gardner, Russo & Gardner LLC parner, and Brian Milligan, Ave Maria Growth Fund co-manager, weigh in on Calpers' ban on tobacco investments.

  • The nation's largest public pension fund embarked on an extensive review of tobacco earlier this year, after a Wilshire Associates report estimated the exclusion of tobacco had cost the fund about $3 billion between 2001 and 2014. That was a considerably larger portfolio impact than CalPERS' other divested assets, such as Iran, Sudan and certain...

  • The nation's largest public pension fund embarked on an extensive review of tobacco earlier this year, after a Wilshire Associates report estimated the exclusion of tobacco had cost $2 billion to $3 billion. That was a considerably larger impact to the portfolio than CalPERS' other divested assets, such as Iran, Sudan and certain firearms-related companies.

  • The nation's largest public pension fund embarked on an extensive review of tobacco earlier this year, after a Wilshire Associates report estimated the exclusion of tobacco had cost $2 billion to $3 billion. That was a considerably larger impact to the portfolio than CalPERS' other divested assets, such as Iran, Sudan and certain firearms-related companies.

  • The nation's largest public pension fund embarked on an extensive review of tobacco earlier this year, after a Wilshire Associates report estimated the exclusion of tobacco had cost $2 billion to $3 billion. That was a considerably larger impact to the portfolio than CalPERS' other divested assets, such as Iran, Sudan and certain firearms-related companies.

  • Dec 14- The U.S. Food and Drug Administration left open the door on Wednesday for Swedish Match AB to claim its snus smokeless tobacco products represent a substantially lower risk to health than cigarettes. The FDA said evidence showed the products could cause gum disease and tooth loss. "There doesn't seem to be a disagreement between the company and the FDA as...