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Category: Breaking News

Industry stands accused in Indonesia

October 28, 2014 | Comments (0)

An anti-tobacco activist has said that young people in Indonesia remain vulnerable to cigarette marketing because tobacco companies frequently sponsor youth sporting events, according to a story in The Jakarta Post. The head of the education and community empowerment division of the National Commission on Tobacco Control, Fuad Baradja, said the impact of smoking ran […]

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Universal to webcast results conference

October 28, 2014 | Comments (0)

Universal Corporation is due to webcast a conference call from 17.00 Eastern Time on November 6 following the release of its results for the second quarter of fiscal year 2015 after market close on that date. The conference call will be hosted by Candace C. Formacek, vice president and treasurer. A live webcast of the […]

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WHO won’t rest with cigarette taxation

October 27, 2014 | Comments (0)

The drive toward global governance and taxation is a disturbing sign of much more to come, according to an editorial in the Washington Post commenting on decisions taken at the recent meeting of the Conference of the Parties (COP) to the World Health Organization’s Framework Convention on Tobacco Control. ‘The world, or a good part […]

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Azerbaijan closes doorway on smokers

October 27, 2014 | Comments (0)

Anti-smoking advocates and health experts have hailed recent government proposals that aim to cut the number of smokers in Azerbaijan, according to an Azer News story. Few details of the proposals were given, but Musa Guliyev, deputy chairman of the Standing Committee on Social Policy, was said to have ‘underlined the necessity of adopting a […]

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Heroic levels of smuggling into Vietnam

October 27, 2014 | Comments (0)

The smuggling of cigarettes from Cambodia into Vietnam is on the rise, according to a story in The Cambodia Daily quoting recent Vietnamese media reports. Last week, VietnamNet, an online news site in Vietnam, quoted Pham Kien Nghiep, the secretary-general of the Vietnam Tobacco Association, as saying that the number of smugglers along the Cambodian-Vietnamese […]

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Mighty row brewing in the Philippines

October 27, 2014 | Comments (0)

Philip Morris Fortune Tobacco Corp. (PMFTC) wants the Philippines government to take action against Mighty Corp. after the publication of a report by the Senate Tax Study and Research Office (STSRO) alleging ‘evidence of systematic and endemic fraud’ by Mighty, according to a story in The Philippine Star. In a briefing on Friday, PMFTC president […]

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SM envisions world without cigarettes

October 24, 2014 | Comments (0)

Swedish Match’s new vision is: A world without cigarettes. In announcing the company’s third quarter results to the end of September, CEO, Lars Dahlgren, said the availability and accessibility of SM’s high quality snus explained the uniquely low cigarette consumption in Sweden. “In Norway, we are now witnessing a similar trend of migration from cigarettes […]

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Reynolds to introduce no-smoking policy

October 24, 2014 | Comments (0)

From next year, Reynolds American and its subsidiaries will launch a no-smoking policy within its facilities, outside of designated smoking areas, according to a story by Richard Craver for the Winston-Salem Journal. Reynolds designated its downtown Winston-Salem headquarters smoke-free on May 8, the day of its annual shareholder meeting, following requests from attendees. And smoke-free […]

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Lorillard shipments down in 3Q

October 24, 2014 | Comments (0)

Lorillard’s domestic wholesale cigarette shipment volume during the third quarter of this year, at 10,073 million, was down by 1.9 per cent on that of the third quarter of 2013. Full price cigarette volume, at 8,645 million, was down by 1.5 percent, with Newport’s volume down by 1.4 percent to 8,575 million, True’s volume down […]

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Vector to host results conference call

October 24, 2014 | Comments (0)

The Vector Group is due to host a conference call and webcast to discuss its third quarter 2014 results starting at 09.00 Eastern Time on October 30. Investors will be able to access the free call on 800-859-8150 by entering the identification number 24115224. Registration and the conference call will be available also at www.investorcalendar.com. […]

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