Japan Tobacco January-March Group Net Profit Y31.5bn, Announce Price Hike
TOKYO -Japan Tobacco Inc. (2914) reported Wednesday that it swung into a net profit for the January-March quarter, thanks to increased sales of tobacco products in overseas markets, offsetting a sales drop at home. The world’s third-largest tobacco company by sales volume after Philip Morris International Inc.
Philip Morris International 1Q profit rises
Higher selling prices helped boost cigarette maker Philip Morris International Inc.’s first-quarter profit 15 percent, but results missed expectations due to pressure from steep excise taxes in some countries, and the weak economy.
Duke University "Branch" of Philip Morris Puts Out Study that Perpetuates Focus on Nicotine Biology and Obscures Need for Effective…
An academic research unit that is apparently serving as the “Duke University branch” of Philip Morris has just put out a study which perpetuates the blinding focus on nicotine biology, thus obscuring the importance of an approach to smoking cessation that actually works and would make a dent in Philip Morris’ profits. The work was carried out by the Duke Center for Nicotine and Smoking Cessation Research (or “Philip Morris South,” as I would call it), which received multi-million dollar funding from Philip Morris.
Judge Reverses a Landmark $300 Million Award to Ex-smoker
Several months ago, November 19th, a Jury Panel in South Florida decided that Philip Morris USA should pay $300 million in damages to an ex-smoker, ruling that the largest tobacconist in United States showed negligence that triggered the plaintiff’s emphysema. However, last week, Jeffrey E
