The Altria Group is due to host a live audio webcast of its 2013 Annual Meeting of Shareholders on May 16 starting at 9 a.m. Eastern Standard Time. Directions for pre-event registration are at www.altria.com. An archived copy of the webcast, which will be in listen-only mode, will be made available at www.altria.com.
Reynolds American Inc. said yesterday that its board of directors had approved a 6.8 percent increase in the quarterly cash dividend on the company’s common stock, taking it from $0.59 per share ($2.36 per share annualized) to $0.63 per share ($2.52 per share annualized). The dividend will be payable on July 1 to shareholders of [...]
The World Health organization announced it had snared Kosovo in its ever-growing tobacco-control net. The country has adopted a comprehensive tobacco control law in line with the WHO Framework Convention on Tobacco Control (WHO FCTC). The measures include: 100 percent smoke-free indoor public places, workplaces, and public transportation, as well as specified outdoor areas, with some [...]
Defence lawyers of Sliema restaurateur Silvio Zammit yesterday pressed the police’s witness Gayle Kimberley on whether she was the one who came up with the €60 million figure at the heart of the Dalligate scandal. Kimberley denied it categorically, but lawyer Edward Gatt insisted on the point, reminding the young lawyer that she was testifying [...]
Zimbabwe had sold 107 million kg of flue-cured tobacco for a total of $400 million by the end of the 55th day of sales, according to a story in the Zimbabwe Herald. By the same stage of last season’s sales, 84 million kg of flue-cured had been sold for $315 million. The Tobacco Industry and [...]
The European Commission believes that its proposed revisions to the Tobacco Products Directive would, if adopted, have limited adverse impact on the tobacco industry – and some positive impacts. “The adoption of the proposal for a revised Tobacco Products Directive was preceded by a thorough impact assessment, including an assessment of the economic impacts on [...]
The Netherland’s ban on tobacco smoking in bars and cafés will be reinstated across almost the entire hospitality industry in July next year, according to a DutchNews story quoting junior health minister, Martin van Rijn. Changes to the tobacco law would be presented to parliament before October so that all legal obstacles could be dealt [...]
The European Commission has said that the majority of e-cigarettes sold in the EU would most likely fall under pharmaceutical legislation if the commission’s proposed revisions to its Tobacco Products Directive were to be accepted. The commission has proposed that e-cigarettes would fall under the legal framework for medicinal products if they contained levels of [...]
Philip Morris International is due to host a live audio webcast at www.pmi.com/webcasts of its remarks and question-and-answer session by CFO Jacek Olczak at the Goldman Sachs Consumer Products Symposium on May 14, starting about 9:05 a.m. Eastern Time. The webcast, which will be in listen-only mode, will provide live audio of the entire PMI session. An [...]
Philip Morris International held its annual meeting of shareholders today. Louis C. Camilleri, chairman of the board and CEO, addressed shareholders and answered questions. Chief Operating Officer André Calantzopoulos gave the business presentation, focusing on PMI’s performance since its spin-off in March 2008, which has seen total shareholder return reach 135 percent through April 30, [...]
