Tag Archives: tobacco company

JT volumes down but market share regains ground

Japan Tobacco Inc’s domestic volume cigarette sales during the nine months to the end of December, at 80.8 billion, were down by 24.3 per cent on those of the nine months to the end of December 2010, which themselves were

Oregon court tells Philip Morris to pay judgment

Tobacco company Philip Morris USA Inc. must pay Oregon 60 percent of a $79.5 million award in a long-running lawsuit filed by the family of a Portland smoker, the state Supreme Court ruled Friday. The cigarette maker’s parent company, Altria

Imperial creates sales and distribution company

Altadis USA and Commonwealth Brands, both owned by Imperial Tobacco Group, have created a new sales and distribution company called Commonwealth-Altadis. “Commonwealth–Altadis brings the outstanding sales and marketing teams of Altadis and Commonwealth together to provide greater sales coverage, a

Liggett Hikes ‘Deep-Discount’ Cigarette Prices

Cigarette-maker Liggett Vector Brands has enacted an 8-cent-per-pack list price increase on its deep-discount brands – Liggett Select, Eve and Grand Prix, according to industry analysts. An inquiry by CSP Daily News to Liggett for comment was not answered by

Davidoff Group appoints global marketing vp

Charles Awad has been appointed senior vice president of Global Marketing and Product Development, Cigars and Accessories within the Oettinger Davidoff Group, effective yesterday. He was previously with the Estee Lauder Companies as global vice president for the company’s Beauty

Philip Morris Int’l raises 2011 outlook

Cigarette maker Philip Morris International Inc. has raised its outlook for the year. The company, which sells brands like Marlboro outside the United States, now expects net income of at least $4.85 per share for 2011. Its previous forecast was

R.J. Reynolds Tobacco employees vote against union representation

WINSTON-SALEM, N.C., Oct. 21, 2011 — R.J. Reynolds Tobacco Company today announced that a preliminary count of ballots cast indicates that a majority of its production and maintenance workers chose not to be represented by the International Association of Machinists

Japan Tobacco May Raise Dividend to Narrow Gap With Global Competitors

Japan Tobacco Inc. (2914), the world’s third-biggest publicly traded cigarette maker, may raise its dividend payout target to trim gaps with rivals including Philip Morris International Inc. (PM) and British American Tobacco Plc. (BATS) “We’re obviously behind them,” Executive Deputy

Lorillard Ranks the Highest in Terms of Sales per Share in the Tobacco Industry (LO, AOI, PM)

Below are the three companies in the Tobacco industry with the highest sales per share. Sales per share is a valuable metric in comparing relative value for companies in the same industry. Lorillard is highest with sales per share of

Moody’s lifts Reynolds American outlook

Moody’s Investors Service is raising its outlook for Reynolds American Inc., citing the probability that the cigarette manufacturer will continue to see earnings growth and maintain strong financial and liquidity positions. Moody’s boosted the outlook to positive from stable on