Altria Profit Falls Due to Spinoff of Int'l Unit Aug 1, 2008
But earnings from continuing operations rose, and the maker of Marlboro cigarettes reaffirmed its outlook for this year. Altria shares fell more than 6 percent Thursday, however, as the industry contemplated a bill that gives the Food and Drug Administration the authority to regulate tobacco. (ABC News -- Wire)
House Passes Bill to Regulate Tobacco Aug 1, 2008
The maker of Marlboro cigarettes broke with most of its peers in the industry to support the legislation. Other big companies, including R.J. Reynolds the maker of Camel cigarettes remain fiercely opposed. (Fox News -- Politics)
Tobacco firms hit with $1-billion in penalties Aug 1, 2008
Until Thursday, Toronto-based RBH was 40 per cent owned by Philip Morris International, the U.S. manufacturer of Marlboro cigarettes. However, word of the agreements triggered an announcement that Philip Morris will take over RBH for $2-billion, or $30 a share. (Globe and Mail -- National)
Related: Congress backs FDA plan to regulate tobacco Jul 31, 2008
They say marketing restrictions would lock in the leading market share for Philip Morris, maker of Marlboro cigarettes. The debate over menthol may doom the legislation, which failed in 2000, 2002, 2004, and 2005, said David Adelman, a tobacco analyst at in New York, in a June 5 note to clients. (Boston Globe)
Following the money Jul 30, 2008
Type the donor's name under "Contributor/Payee Information" at the bottom of the screen and click "Search." Typing in "Philip Morris" should show you donations made by the makers of Marlboro cigarettes, or "IBEW" will help you see contributions from the International Brotherhood of Electrical Workers. Good to know: In addition to campaign committees for each legislative candidate, Democrats and Republicans also have caucus campaign committees, but thanks to vague names, you may come across... (OregonLive, OR -- News)
Members of band, Garbage, Dress in ... Jul 29, 2008
We were really shut-mouth about it, Erikson said, in between drags from his Marlboro cigarettes. Between 9:30p. (Suite101.com)
Study: Cigarette makers manipulated menthol to hook teens Jul 17, 2008
David Sylvia, a spokesman for Philip Morris USA, maker of Marlboro cigarettes, the second-most-popular menthol brand behind Newport, denies the charge and questions the premise that lower menthol levels attract younger smokers. Sylvia notes that the researchers themselves call younger smokers the target group for Kool Milds, even though they also rank that brand as having the highest menthol content in 2007. (USA Today -- Money)
Philip Morris USA Pulls New Filter Cigarettes Jun 24, 2008
Philip Morris USA ends market test of new filter Marlboro cigarettes. RICHMOND, Va. (ABC News -- Wire)
$79 million smoker case not over Jun 11, 2008
The case stems from a lawsuit filed by the wife of Jesse Williams, a school janitor who smoked Marlboro cigarettes from the early 1950s until his death in 1997. He was said to have become addicted to nicotine and smoked three packs of cigarettes a day. (Yahoo News -- Politics)
Beyond The Bake Sale: School Fundraisers Raising Their Sights Jun 9, 2008
"We're not going to let Marlboro cigarettes or Smirnoff vodka put their name on a classroom," Barnett said. Such companies sell products that don't mesh with the school district's mission, she explained. (FOX61, CT)
Altria looks to grow non-cigarette tobacco business May 29, 2008
The maker of top-selling Marlboro cigarettes reported earnings of $2. 45 billion, or $1. (San Diego Union-Tribune -- Business)
Present Problem May 23, 2008
Cheapskates aside, decent gifts in those days were typical - Marlboro cigarettes, bottles of Scotch, Toblerone chocolates or cassette recorders were as common as cheese wedges or a box of blank VHS tapes. However, with the sweeping winds of globalisation, there is not much you can take to India these days that will evoke the least interest. (India Times, India)
House budget includes additional water rate relief May 16, 2008
For example, the 63-year-old pricing law mandates that a pack of Marlboro cigarettes cannot be sold for less than $4. 97 in Massachusetts. (Melrose Free Press, MA)
Man arrested for breaking into store May 10, 2008
He took a carton of Marlboro cigarettes and about 20 in cash from a collection jar for Burnsville Fun Day. Walker ripped a security camera off the wall, but Anson County Deputies were able to use footage to identify and arrest him at 10 a.m. Saturday. (Anson Record, NC)
Infotainment May 6, 2008
Marlboro cigarettes sold in New York contain more tar and nicotine than those sold in all other states. 1994 Former Arkansas state worker Paula Jones filed suit against President Bill Clinton, alleging hed sexually harassed her in 1991. (Daily Times, Pakistan)
Keith Richards is rocking on with a new Rolling Stones film Apr 11, 2008
A regular marijuana smoker, he admits, all that s present today are his beloved red Marlboro cigarettes and one hell of a smoker s cough. But despite undergoing brain surgery in 2006, after he sustained head injuries having fallen out of a tree in Fiji, Richards claims he has no intention of cutting down his partying. (Mirror.co.uk)
FDA-Approved Cancer Sticks Apr 11, 2008
Marlboro cigarettes are displayed in a supermarket on July 1, 2006 in Lucerne, Switzerland. Altria Group Inc., the world's largest cigarette maker and majority owner of Kraft Foods, on Tuesday July 25, 2006 reported a 1. (Townhall.com)
N.Y. seizes fake tax stamps for cigarettes Apr 10, 2008
Investigators who searched a pair of Queens storage facilities said they also seized more than 100 cartons of counterfeit Marlboro cigarettes made in China. "This type of fraud could cost taxpayers in New York up to hundreds of millions of dollars each year in lost revenue, and we will not tolerate it," Brooklyn District Attorney Charles Hynes said. (Boston Globe)
Tobacco bust nets millions in fake tax stamps Apr 10, 2008
Investigators who searched a pair of Queens storage facilities said they also seized more than 100 cartons of counterfeit Marlboro cigarettes made in China. advertisement. (MSNBC -- Crime)
Philip Morris sues company over counterfeit Marlboros Mar 1, 2008
Consumers who purchase the imitations are likely to be confused and/or disappointed when they intended to purchase genuine Marlboro cigarettes, the complaint states ... Philip Morris is asking the court to ban Nice Pak from purchasing, importing, distributing or selling counterfeit Marlboro cigarettes. (San Diego Union-Tribune -- Business)
BAT Reports Higher Profit, Buys ST Group's Cigarette Business Feb 28, 2008
The stock added 38 percent in 2007, more than the 17 percent gain by larger rival Altria Group Inc., the maker of Marlboro cigarettes. Falling Consumption. (Bloomberg)
BAT Buys ST Group's Cigarette Unit for $4.1 Billion, Says Profit Rises 12% Feb 28, 2008
The stock added 38 percent in 2007, more than the 17 percent gain by larger rival Altria Group Inc., the maker of Marlboro cigarettes. Takeovers such as Japan Tobacco Inc.'s purchase of Gallaher Group Plc in April cut the number of companies in the industry, giving those that remain more leverage to increase prices. (Bloomberg -- Europe)
Madison County police blotter Feb 20, 2008
Your Connection to the. Web Search powered by YAHOO. (Athens Banner-Herald)
Altria, Honeywell to exit Dow list Feb 12, 2008
The maker of Marlboro cigarettes last year was spun off its division after earlier selling most of its Miller Brewing unit, and it will soon corral its international tobacco operations into a separate company. The blue chip index's parent, Dow Jones & Co., said the slimmed down Altria will be too small and narrowly focused to warrant inclusion in the Dow. (Boston Globe)
Cigarette tax fight not totally snuffed out for 2008 Feb 11, 2008
A billboard with the image of smiling children on one side and a pack of Marlboro cigarettes on the other asks the question: Whose side are you on: Big Tobacco or Mississippis children. . (The Clarion-Ledger)
Editorial: Appeals courts need deadline Feb 2, 2008
Jesse Williams of Portland, a smoker of Marlboro cigarettes since the 1950s, died of lung cancer in 1997. His widow sued the cigarette company, and a Portland jury awarded her 79. (Albany Democrat-Herald, OR)
Altria plans to spin off overseas unit Jan 31, 2008
Camilleri told analysts yesterday the company will start making and selling Marlboro cigarettes in China in the first half of 2008. Philip Morris International will also distribute Chinese-made cigarettes outside of the world's largest tobacco market in an alliance with China National Tobacco Corp., the state-run monopoly. (Boston Globe)
Altria Gets US High Court Hearing on `Lights' Suits (Update1) Jan 21, 2008
For over 30 years, Philip Morris falsely reported on its cigarette packages that consumers would receive lower amounts of tar and nicotine from Marlboro Lights than from regular Marlboro cigarettes,'' the group argued in a filing that urged the Supreme Court to reject the appeal. The Supreme Court fight will focus on a pair of cigarette- labeling laws enacted in the 1960s. (Bloomberg)
Tobacco check nets five offenders Jan 10, 2008
The youth asked for a pack of Marlboro cigarettes, then stooped down to pick up something he had apparently dropped on the floor, which may have confused the situation, Hbaiter said. I m not happy, said Hbaiter about the suspension. (Danvers Herald, MA)
Philip Morris sues cigarette importers Jan 9, 2008
Consumers who purchase the counterfeit cigarettes are "likely to be confused and/or disappointed" for getting counterfeit cigarettes when they intended to purchase genuine Marlboro cigarettes, the complaints said. Philip Morris is asking the court in both cases to ban the parties from purchasing, importing, distributing or selling counterfeit Marlboro cigarettes. (AZCentral -- Business)
Anatomy of a shootout Jan 5, 2008
Juan Garcia is opening the flaps of the cart he uses to transport the goods he has sold for years at the corner of 13th Street and 2nd Avenue Viceroy, Payasos and Marlboro cigarettes, bags of water, cookies, gum, Tampico Citrus Punch. Mr. Garcia is hanging the last bags of tortilla chips when the morning din is pierced by what sounds to him like firecrackers. (Globe and Mail -- International)
Hikers clean up of trails of trash in wilderness Dec 5, 2007
With the exception of a pack of Marlboro cigarettes, everything had a Spanish label You expect to see pristine nature, not trash, Bens said. It s because the hikers want to hike in pristine natural surroundings that they banded together to help with the cleanup. (Green Valley News & Sun, AZ)
Champ read 'American Gangster' in jail Nov 22, 2007
Tyson told police that he used cocaine "whenever I can get my hands on it," and that he preferred to smoke it in Marlboro cigarettes with the tobacco pulled out, according to court documents. He also told police that he used marijuana that day and was taking the antidepressant Zoloft, the documents state. (CNN)
Movers: Companies in the news Nov 2, 2007
Altria Group, the world's largest publicly traded tobacco company, agreed to buy the cigar maker John Middleton for $2. 9 billion in cash to offset falling cigarette sales in the United States. (International Herald Tribune -- Business Asia)
Police & Fire Oct 25, 2007
In the second incident, approximately 20 in loose change and a half-pack of Marlboro cigarettes were removed from a vehicle parked in the 1200 block of Seymour. This theft is believed to have taken place sometime after 8 p.m. Monday. (Sault Ste Marie Evening News, MI)
Cubist profit rises on 52% sales surge Oct 18, 2007
The company behind top-selling Marlboro cigarettes also raised its full-year earnings guidance. Net profit for the July-September quarter fell to $2. (Boston Globe)
Altria profit falls as operating income rises Oct 18, 2007
The company behind top-selling Marlboro cigarettes also raised its full-year earnings guidance. The company's chief financial officer, Dinyar S. Devitre, said the company would work with regulators over the next few months on its plans to spin off Philip Morris International. (MSNBC -- Business)
What’s a Last Dollar worth? $6.27 million Oct 15, 2007
The property has starred in numerous ads, including spots for Budweiser and Marlboro cigarettes. And its conservation easement now prohibits mining, subdivision or any commercial building. (Telluride Daily Planet, CO)
I Turned $3,000 Into $210,000 Oct 1, 2007
Altria (NYSE: MO), producer of Marlboro cigarettes, is up some 22-fold over the last 20 years. These companies have performed rather well, right under our noses. (MSNBC -- Business)
Last Dollar Ranch to hit auction block Sep 27, 2007
Today, the ranch that has served as the setting for so many print and television ads including ads for Marlboro cigarettes and Budweiser serves as a living reminder of a way of life that has virtually disappeared. Last summer, Kontny spoke with the Daily Planet about his reasons for spending so much money and energy to preserve a ranch in Colorado s high country. (Telluride Daily Planet, CO)
Former heavyweight champ Mike Tyson pleads guilty to drug, DUI charges Sep 26, 2007
Tyson told officers later that he used cocaine whenever I can get my hands on it, and that he preferred to smoke it in Marlboro cigarettes with the tobacco pulled out, according to court documents. He also told police that he used marijuana that day and was taking the antidepressant Zoloft, the documents state. (San Diego Union-Tribune -- Sports)
Tyson pleads guilty, could face 51 months in jail Sep 25, 2007
Tyson told officers later that he used cocaine "whenever I can get my hands on it," and that he preferred to smoke it in Marlboro cigarettes with the tobacco pulled out. According to a court document, Tyson admitted to being an addict. (SportsIllustrated.CNN)
Suit on light and low-tar cigarettes heads to SJC Sep 25, 2007
1 billion verdict against Philip Morris, concluding that the company deceived smokers into thinking Marlboro Lights were better for them than regular Marlboro cigarettes ... She also said the fact that Marlboro Lights and regular Marlboro cigarettes cost the same made the argument for damages "more theoretical.". (Yahoo News -- Tobacco Lawsuits)
A Great Breakup Sep 22, 2007
Altria's () shares, at 67, are down about $2 since the maker of Marlboro cigarettes said it will spin off Philip Morris International, which generates 65% of the company's profits. News of the breakup wasn't a surprise, and there is some disappointment on the Street that the spinoff probably won't happen until about March 2008, a month or two later than some analysts had hoped. (SmartMoney)
Consumer, Health Shares Fail to Prove Cheap as Fed Ponders Lowering Rates Sep 18, 2007
Merrill's Christine Farkas, who covers food and beverage companies, recommends buying New York-based Altria Group Inc., which owns Philip Morris USA, the maker of Marlboro cigarettes, and Atlanta-based Coca-Cola Co., the world's largest soda maker. Higher Growth. (Bloomberg)
Marlboro increases price Sep 6, 2007
Altria Group Inc.'s Philip Morris USA, the maker of Marlboro cigarettes, is raising prices as falling U.S. shipments damp profit growth. Philip Morris USA, the largest U.S. tobacco company, will reduce a promotional discount by 5 cents a pack to 35 cents on its Marlboro, Parliament, Basic and Lds, spokesman Bill Phelps said today in an interview. (AZCentral -- Business)
Altria To Spin-Off Philip Morris Unit Aug 30, 2007
Company That Makes Marlboro Cigarettes To Sell Its Majority Stake In World's Second-Largest Food Company. NEW YORK, Aug. 29, 2007. (CBS News)
Altria Plans Overseas Cigarette Spinoff Aug 30, 2007
A Marlboro cigarette burns as it sits on a pack of Marlboro cigarettes in this Jan. 31, 2007 file photo in Trenton, N.J. Altria Group plans to spin off its Philip Morris International cigarette unit, its board announced Wednesday, Aug. 29, 2007. (AP Photo/Mel Evans, file) The Associated Press By VINNEE TONG AP Business Writer NEW YORK Aug 29, 2007 (AP) Font Size. (ABC News -- Wire)
Altria Group plans to spin off its Philip Morris International Aug 30, 2007
Separating the operations of Altria's domestic and international tobacco companies, which make Marlboro cigarettes, would free each to pursue profit more aggressively on their own, and would clear the international business from the legal and regulatory constraints facing its U.S. counterpart, Philip Morris USA.. The company announced it would finalize its decision and announce the exact timing of the spinoff at its board meeting on Jan. 30. (USA Today -- Money)
The Brand Called You Aug 13, 2007
They've come a long way in a short time: it was just over four years ago, April 2, 1993 to be precise, when Philip Morris cut the price of Marlboro cigarettes by 40 cents a pack. That was on a Friday. (FastCompany)
Iraqis acquire a taste for American-brand products Aug 3, 2007
A couple neighborhoods away at the upscale Honey Market, shelves are stocked with Duracell batteries, Dove soap, Kellogg's Froot Loops cereal, and Kent and Marlboro cigarettes. Gatorade is particularly popular when temperatures break 120 degrees in the summer, store manager Faris al-Jabir said, though American goods account for only 2% of sales. (USA Today)
Police search for robbery suspect Jul 26, 2007
The robber, a white male about 6 feet, 2 inches tall and 250 pounds, asked the clerk for money from the cash register and Marlboro cigarettes, he said. Matchik could not confirm the amount of money taken. (Somerset Daily American, PA)
Altria, Tobacco Rivals Thrive on Global Death Wish Jul 21, 2007
Altria Group Inc.'s Marlboro cigarettes. July 20 (Bloomberg) -- It's too stupid to talk about: Millions of people still smoke. (Bloomberg -- Columnists)
Altria Departure Stuns City, County, North Carolina: Joe Mysak Jul 11, 2007
Altria Group Inc.'s Marlboro cigarettes. July 11 (Bloomberg) -- Event risk in the bond market is a nice word for catastrophe. (Bloomberg -- Columnists)
Kraft offers $7.2b for Danone's biscuit unit Jul 4, 2007
The company was spun off by Inc., the maker of Marlboro cigarettes, in March. Shares of Kraft fell 87 cents to $34. (Boston Globe)
Kraft makes offer for Danone's cookie business Jul 4, 2007
Kraft was spun off by Altria Group, the maker of Marlboro cigarettes, in March. Today in Marketplace by Bloomberg. (International Herald Tribune)
Would-be Jav cowboys set for taste of 'Big Country' Jul 4, 2007
Unlike other Marlboro cigarettes, which dominate the mostly machine-rolled, non-clove segment of the market, the new brand, named Marlboro Kretek Filter, will be jockeying for space in the machine-rolled kretek cigarette market, complementing Sampoerna's existing Dji Sam Soe Filter brand. Sampoerna managing director Angky Camaro said during the launch of the new brand Tuesday that with its introducing to the Java and Bali markets, Marlboro Kretek would be the first international brand offering... (Jakarta Post, Indonesia -- Business)
Philip Morris to sell clove-flavored Marlboro cigarettes in Indonesia Jul 4, 2007
By Chris Brummitt ASSOCIATED PRESS. 6:18 a.m. July 3, 2007. (San Diego Union-Tribune -- Business)
Lighting up ChinaForeign tobacco firms target China's 350 million smokers Jun 30, 2007
Philip Morris International signed a deal with CNTC two years ago to make Marlboro cigarettes in China. Imperial Tobacco and Gallaher, two other major tobacco firms, have pursued similar deals. (BBC News -- Asia-Pacific)
Nelson Peltz Buys 3% Kraft Stake; Shares Climb 6.6% (Update1) Jun 22, 2007
Peltz's investment comes less than three months after Kraft was spun off by Altria Group Inc., the maker of Marlboro cigarettes. Rosenfeld, hired a year ago, plans to use savings from closing factories for development and marketing of DiGiorno frozen pizza, Oscar Mayer meats and other brands. (Bloomberg)
Abbas swears in emergency Cabinet Jun 18, 2007
A run on fuel, bread and other basic supplies intensified, driving the price of a box of Marlboro cigarettes -- a reliable gauge of shortages -- up by a third. Hamas seized control of Gaza last week after five days of intense fighting against forces loyal to Abbas' Fatah. (Albany Times Union)
* Philip Morris to debut smokeless, spitless product Jun 10, 2007
The smokeless, spitless Marlboro product will sell for less than a pack of Marlboro cigarettes, said Philip Morris spokesman Steve Callahan, who declined to be more specific. Marlboro's popularity "may help to encourage trial of this product by adult smokers," Philip Morris said in the statement. (Taipei Times, Taiwan -- Business)
Police Blotter: Posted 5/29 May 30, 2007
Police also searched a purse and found a pack of Marlboro cigarettes that the girl admitted were hers, the report said. Lake Country Reporter 2007. (Lake Country Reporter, WI)
The richest man you've never heard of May 30, 2007
Philip Morris Mexico - Seller of Marlboro cigarettes, among other brands. Sanborn's - Chain of 168 restaurants and department stores. (AZCentral -- News)
FDA should be authorized to regulate tobacco: Report May 28, 2007
Monday 28th of May 2007 01:35:14 PM. by - May 25, 2007 - 0 comments. (The Money Times)