October 2nd, 2012 00:00

Smoking Culture of the Sixties

Cigarette smoke was part of everyday life in the sixties. The majority of men and women smoke and children lit their cigarette for the first time. Although many people knew about the health hazards of smoking, only some of them quit the habit.The first health warning appeared in 1950 when Professor Sir Richard Doll’s linked various ...

September 24th, 2012 00:00

India Tobacco Company Switching to Food Products

India’s largest cigarette manufacturer ITC sells 80% of the cigarettes in the world’s second populous country where about 275 million people consume tobacco products.However as India follows the example set by the rest of the world in introducing anti-smoking regulations, the company’s main tobacco business is being pre ...

September 18th, 2012 00:00

Main Reasons to Choose Altria for Investment

If you want to add a cigarette company to your portfolio and consider between Altria and its rival Philip Morris International below are presented a few aspects that you should follow as they place Altria ahead of PMI as a long-term investment, mostly for USA investors.Any Currency RiskOne of the main difficulties that PMI is facing is ...

September 6th, 2012 00:00

Japan Tobacco Stopped Shipments to Syria Duty Free Shops

Japan Tobacco announced on Monday that it was examined by the European Union after a report it infringed sanctions by sending cigarettes to a company linked to the Syrian regime, but rejected any breaking.Cigarette giant which is 50% owned by the government, declared that it’s Geneva –based affiliated company JT International (JTI) ...

August 30th, 2012 00:00

Zimbabwe Tobacco Growing Region Faces Highest Desertification

Zimbabwe’s Tobacco Industry and Marketing Board has declared the 2011 sale of more than 150 million kilograms of tobacco have generated about $520 million in profit – a boost of more than $100 million from the previous year.However, an industry economist John Robertson underlines that increase in production and profit should not dr ...

August 28th, 2012 00:00

2Q Results of the Giant Tobacco Companies

Evaluating the quarterly profits of the five largest tobacco companies, industry experts have made the following conclusions. Several reasons have pushed down Philip Morris International’s 2Q; among the main ones are the currency effect and a European Region that faced volume decreases 10%.Despite a low position in Europe, it reali ...

August 8th, 2012 00:00

Lorillard’s Net Profit Dropped 2.5% in the 2Q

Cigarette manufacturer Lorillard announced on Tuesday that its net profit dropped 2.5% in the 2Q as increased prices could not compensate a decrease in the number of tobacco products sold. The world’s third giant cigarette company declared that the number of cigarettes it sold dropped approximately 1% to 10.55 billion cigarettes. Ne ...

July 27th, 2012 00:00

Trademark Fight between Philip Morris and British American Tobacco

The Commercial Court of Appeals stopped on Monday its legal proceeding in Philip Morris record of trademark lawsuit against the patent regulator. The cigarette giant has decided not to handle the trademark’s registration. The Moscow Commercial Court dropped the lawsuit and supported the patent regulators decision to refuse the compa ...

July 19th, 2012 00:00

Smokers from Britain Visit Pubs More Frequently after Smoking Ban

According to recent estimates more than one in five British people 23% declare that they visit the pub more often than they did before the smoking ban took effect.The study that comes six years after the English ban was adopted, also demonstrated that 65% of parents are more likely to take their kids to the pub with them than before. Als ...

July 17th, 2012 00:00

Young Mother Hilary Duff Caught with a Cigarette

Hilary Duff was recently seen leaving West Hollywood pub with a lit cigarette in hand.The famous actress, singer and since recently a popular author, who gave birth a son on March 20, was passing a cheerful night out with her friends.Probably it is Hilary’s first chance to relax since becoming a mother.She has been occupied with ...

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