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Bigger Prices for Cigarettes from Altria

December 6th, 2013 | Comments Off

Altria Group Inc plans to raise the price of some of its smokeless tobacco products and cigarettes. The tobacco creator has decided to slash its off-invoice promotional payment by 7 cents per pack on its Marlboro cigarettes and L&M brand. In addition, Altria’s subsidiary, PM USA has raised the inventory prices by 7 cents per pack and Marlboro Snus Tins by 6 cents. The cost hikes, effective from Dec 1, comes after the company raised the prices of its cigarette products across all the brands in June. Main tobacco players are raising prices as part of their plan to combat tough manufacturing conditions. Management across the world are commanding higher taxes, thus forcing companies to raise prices to maintain their limitations. Altria’s uptick of cigarette prices closely follows Lorillard Inc. Lorillard announced in … Read entire article »

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Non-duty compensated cigarettes flood marketplace

In the time 2012, 66.5 billion cigarettes consumed in 11 Asian states were illegal. With 86.3%, the domestic illegitimate cigarette quantity and utilization of illicit cigarettes were highest in Pakistan while the Non-Domestic Illicit was 13.7%. This situation resulting in Tax Revenue losses of about more than USD 250 million in 2012 only. These were the outcomes of the study, “Asia-11 Illicit Tobacco Indicator 2012” carried out by Oxford Economics recently. Separately from the issue of non-duty paid tobacco brands in Pakistan, the situation is quite dissimilar in Sri Lankawhere tobacco expenditure is hardly one percent in Sri Lanka. Under the law, the cigarette industrialized is not permissible in Sri Lanka. Different in Pakistan facing the ugliest shape … Read entire article »

Doctors tell smokers to quit before surgery

Smokers heading to hospital for elective surgery are to be encouraged to quit the habit. The Royal Australian and New Zealand College of Anaesthetists has adopted new guidelines, which will see all smokers on waiting lists urged to stop smoking to give them a better chance of recovering from the operation. Research shows that quitting before surgery can reduce complications such as wound infections and heart attacks, and greatly aid recuperation. The new guidelines will require doctors, anaesthetists and surgeons to advise their patients that stopping smoking as early as possible – ideally six to eight weeks before surgery – would reduce life-threatening complications. “There’s 5000 New Zealanders who die each year from smoking-related diseases, and around 15,000 Australians, … Read entire article »

Teenagers ‘think slim cigarettes are safer’ says report

Young teenagers rate slimline cigarettes as stylish, feminine and possibly safer than regular brands, say researchers. Thinner cigarettes were generally seen as weaker, more palatable, and less harmful by a focus group of 15-year-olds from Glasgow. In fact, some super-slim brands contain more dangerous tobacco chemicals than their bulkier counterparts, according to the study authors. Teenagers were most involved to slim and super-slim cigarettes with white filters and ornamental features, describing them as “classy” and “nicer”, said Cancer Research UK. In contrast one long brown cigarettes was sighted as particularly harmful and labelled “disgusting”, “really, really strong”, and “old fashioned”. The researchers asked 48 teenage boys and girls about eight cigarette brands that differed in length, diameter, colour, and design. Professor … Read entire article »

Hollywood Advised To Stop Using Smoking Characters in Movies

A new youth smoking examination, conducted by RTI International for the state Department of Health, confirms that 26 percent of teens who saw the most smoking in films tried smoking cigarettes compared to 8 percent of teens who saw movies with less smoking. The study looked at teens aged 13-16 during 2004-2006 and finds a straight association between the number of shows seen by teens depicting smoking and youth smoking. There are so many characters who smoke brands like Davidoff cigarettes or Dunhill cigarettes. Beginning learning Findings: * Among those youth that saw movies with the towering smoking, 35 percent were open to the freh idea of smoking within the next year even though they had never … Read entire article »

Mad Men kick for Lucky Strike cigarettes angers campaign

American TV series Mad Men has caused a dramatic boom in sales of cigarettes Lucky Strike, causing outrage among anti-smoking campaign. Sales of the world-famous cigarettes belonging to British American Tobacco, has reached 33 billion packages last year, compared to 23 billion in 2007, when the show first aired. Mad Men features New York advertising agency Sterling Cooper Draper Pryce in 1960, and their relationship with the turbulent iconic brands of cigarettes Lucky Strike. The AMC- produced show won a worldwide audience with fan forums expressing admiration for the ad executives heads drinking and smoking lifestyle. There’s even a drink and smoke games played at the Mad Men party, where revelers to drink and smoke every time a character … Read entire article »

Nigeria’s 10th leading tobacco market-BAT

Nigeria is one of the ten largest tobacco markets in the world, says Managing Director, British American Tobacco, Mr Keith Gretton.British American Tobacco is the producer of Pall Mall cigarettes and Dunhill cigarettes. The Federal Government of Nigeria and rakes N15 billion taxes annually from the bat, its managing director added. Speaking when he visited Governor Babatunde Fashola of Lagos at the State House, Ikeja , Lagos, Nigeria’s south- west on Monday , Gretton found that out of 180 countries in the world where its products are sold , Nigeria is one of the top 10 leading markets for its product. Tobacco production kills millions worldwide every year and is one of the leading causes of lung cancer, … Read entire article »

Tobacco remains a way of life in Southern Maryland

Along a busy road in Calvert County, Maryland, the crop being harvested, which may surprise some : tobacco . “This material is made of Southern Maryland, what it is, ” tobacco farmer SL Brady said . Twelve years after the state of Maryland began paying farmers not to grow tobacco, and encouraging them to switch to other crops, Brady is still ongoing. Brady farms of 45 hectares, which is called type 32 Burley tobacco Chaneyville on the road near the Maryland 4 in Owings. “We used to grow type 35, which was a Maryland -type tobacco, but after the new government poundage was so low, the market has dried up, and Philip Morris has come together with a contract … Read entire article »

Stop CHP Fences Big Tobacco

The U.S. has a rare opportunity this week to rein in the tobacco industry, and claim its mandate to protect and save lives, while proudly carrying out cross-border diplomacy. U.S. Trade Representative should accept the offer to cut the defense of Big Tobacco Trans -Pacific Partnership (TPP), a mega – trade transactions among the 12 Pacific Rim nations, including the U.S. Americans generally like breathing smoking in bars, restaurants, offices, airplanes and elevators. The tobacco industry said, and they are not happy. Under existing rules of trade, predatory corporations tobacco contain new global rights to challenge the important tobacco control laws and regulations in the U.S. and other countries that help people quit smoking, and keep … Read entire article »

Smoking is good for you

How do you prove that smoking is good for your health? This paradox shows that a large grouping of data can cost a lot less than the sum of its parts. If I was on the tobacco company, and I wanted to prove that smoking was good for you, I would only have to do two things. First, I’d have to wrap my head in a paper bag, throw it on the ground and stomp on it. Next, I’d have to look at the study in the UK in the early 1970s. The study was to examine how a number of different factors affected people’s health. Among other things, he looked at the smoke, and if it … Read entire article »

Tobacco brands slip into Myanmar

As some of the biggest companies in the world trumpet their arrival in Asia’s hottest frontier market, the tobacco industry has a different strategy: it slips into Myanmar without fanfare. The nation of 60 million people emerged from half-century of isolation and brutal military rule two years ago. With the majority of international sanctions against the country suspended or lifted, foreign businesses of Coca-Cola and Unilever in Suzuki Motors hurried to get in. So there is a Big Tobacco, but without tape cuttings or grandly worded press announcements. Japan Tobacco, № 3 globally, quietly signed nearly a year ago with a local partner tycoon Kyaw Win. A spokesman for the company Royhei Sugata affirmed that company was being … Read entire article »

Philip Morris International Inc (PM): Insider Buys 120K Shares

Philip Morris International Inc (PM): Insider Buys 120K Shares Key executives at public companies have a virtual mandate to maintain excessive optimism and a tendency to increase almost unconditionally. This dynamic will be on display on many fronts, including press releases, earnings reports, and exchanges with the press. The bottom line is that it just does not make the company or the management of any good to share with the public pessimism. Insider Purchases with huge signals in the market, because it shows how key insiders really feel about the company’s prospects. When insider puts big bet and buys a large stake, it is a very clear indication of confidence. And one of the biggest insiders buying last … Read entire article »

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