Articles Comments

» Entries tagged with "Marlboro cigarettes"

Massachusetts residents who smoked Marlboro cigarettes could be part of lawsuit vs. Philip Morris

The following is being released by the law firm Phillips & Paolicelli, LLP. The suit was brought against Philip Morris. The lawsuit seeks to have Philip Morris to pay for medical monitoring in the form of low-dose computed tomography (CT). Medical monitoring is a potentially life-saving screening technique that can often detect lung cancer in its early stages, which significantly increases the chances of survival. The court ruled this notice and decided that the case should be sued. There’s no benefits available now, and there is no guarantee that there will be. Who is considered to be: Class members include residents of Massachusetts as of February 26, 2013, that: • Are 50 years of age or older; • Have a smoking history of at least a pack a day of Marlboro cigarettes for 25 years • … Read entire article »

Filed under: Marlboro brand

Altria’s future largely rests on Marlboro cigarettes

By Andrew Leckey Question: I’m concerned about my shares of Altria Group Inc. What is the latest outlook? Answer: It is no secret that the U.S. cigarette industry is in a long-term decline because of the health risks of smoking. Its sales could be hurt by a Food and Drug Administration mandate for more-graphic health warnings on cigarette packs that takes effect in October 2012. Potential litigation and increased taxation could cut into earnings. But Altria, which last year earned $3.2 billion on revenue of $23.6 billion, remains a powerful firm that appeals to many investors because of its commanding industry position and regular dividend as well as the unlikelihood that any new tobacco rivals will emerge. Altria is teh manufacturer of Marlboro cigarettes. The company dominates the U.S. tobacco business, with 50% of the … Read entire article »

Filed under: Cigarette brands

FDA didn’t approve request to remove tobacco-panel members

Cigarette maker Philip Morris USA, which manufactures the best brand Marlboro cigarettes, says the Food and Drug Administration denied its request to remove four members of its tobacco-products advisory panel that the company said had conflicts of interest.Altria Group Inc., Philip Morris’ parent company, said in its quarterly report that the nation’s largest tobacco company objected to four voting members of the committee. The company said the members had financial and other conflicts, including having served as paid experts for plaintiffs in litigation against tobacco companies. Philip Morris USA’s targets included the committee’s chairman, Dr. Jonathan Samet, director of the University of Southern California’s Institute for Global Health and former director of the Institute for Global Tobacco Control at Johns Hopkins University. The members have “disqualifying conflicts and biases arising from their … Read entire article »

Filed under: Marlboro brand, Tobacco news

Altria to increase prices on cigarette brands

Altria Group Inc., the largest U.S. tobacco company, plans to raise prices on all 18 of its cigarette brands after top-selling Marlboro cigarettes gained smokers in the first quarter. Altria’s Philip Morris USA division will charge wholesalers 8 cents a pack more for Marlboro, Virginia Slims and other brands, David Sylvia, a spokesman for the Richmond, Virginia- based company, said yesterday in an e-mail. The increase will begin May 10. The company won’t explain why it’s raising prices, the first increase since October, Sylvia said. The higher prices are within “the normal range” expected this year, Thilo Wrede, an analyst for Credit Suisse in New York, wrote in a note to clients yesterday. He rates Altria shares “neutral.” Marlboro shipments rose 1.6 percent to 29.6 billion cigarettes last quarter, while the brand … Read entire article »

Filed under: Marlboro brand

Old best leaders of the tobacco market.

Philip Morris International is the biggest transnational cigarette Company in the world. It is the manufacturer of the best cigarette brand- Marlboro cigarettes. In the 1999 this company had sales of more than US$47 billion. British American Tobacco is another very big tobacco seller. It has the largest network in the most countries and sells the most cigarettes worldwide, however not including the national market. This is just a small part of the tobacco company’s history about the huge sums of money that they have. Tobacco industry represents a mixture of the biggest and most powerful transnational commercial tobacco companies in the entire world. State tobacco monopolies were in decline since the 1980s. In 1980 almost 7,000 large or medium state-owned companies were privatized. But in 1990 other 60,000 were privatized after … Read entire article »

Filed under: Marlboro brand