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Philip Morris Q1 profit declines on costs, cuts full-year EPS view

Philip Morris Q1 profit declines on costs, cuts full-year EPS view

| April 18, 2013

Tobacco giant Philip Morris International Inc. Thursday reported a decline in first-quarter profit, reflecting higher costs. Meanwhile, earnings per share improved from last year. The company also lowered its full-year 2013 earnings outlook for prevailing exchange rates only, according to a story on RTTNews.com. However, the firm reiterated its annual constant-currency adjusted diluted earnings per […]

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Mac Baren to acquire Altadis USA pipe tobacco division

Mac Baren to acquire Altadis USA pipe tobacco division

| April 18, 2013

Mac Baren Tobacco Co., a 125-year-old pipe tobacco company based in Denmark, has reached an agreement with Altadis USA to purchase the company’s pipe tobacco division located in Richmond, Va, according to a story on CSPnet.com. The acquired pipe business will operate under its original name, Sutliff Tobacco Co., which was founded in San Francisco […]

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Higher 1Q profit, revenue expected from PMI

Higher 1Q profit, revenue expected from PMI

| April 17, 2013

Philip Morris International Inc., which sells Marlboro and other brands abroad, is expected to report higher profit and revenue when it releases its first-quarter results before the market opens on Thursday. Whether cutting costs and raising prices continued to help PMI compensate for consumers buying fewer, or cheaper, cigarettes has investors anticipating the announcement. Cigarette […]

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Pakistan has $175.8 million reasons to tackle tobacco smuggling

Pakistan has $175.8 million reasons to tackle tobacco smuggling

| April 17, 2013

Pakistan is losing 17 billion Pakistani rupees ($175.8 million) per annum due to the illicit cigarette trade, which represents about 26.7 percent of total cigarettes consumed in terms of volume. According to a research paper compiled by the Euromonitor International, and cited in a story published by the Asia News Network, Pakistan ranked third-highest in […]

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Careless smokers playing with fire

Careless smokers playing with fire

| April 17, 2013

It could be hard to believe but careless smokers ended up causing more than 2,410 fire accidents and several crores-worth of property loss in the last seven years in the Hyderabad, Andhra Pradesh. A study by A.P. Fire Services Department revealed careless smoking as one of the main causes for the increasing incidence of fire […]

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Less drinking, smoking causes Aussies more problems

Less drinking, smoking causes Aussies more problems

| April 16, 2013

A major research project has found that Australians have cut down on smoking and drinking, but they’ve gained weight and become more anxious. A survey by Roy Morgan Research of 50,000 Australians every year, over five years, has found 1.1 million fewer glasses of alcoholic drinks are being consumed a week and 134,000 fewer people smoke compared with 2007, according to […]

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Few complaints lead to secondhand smoke warnings for non-gamblers

Few complaints lead to secondhand smoke warnings for non-gamblers

| April 16, 2013

About two, meaning usually one, complaints a month are lodged with the Wheeling-Ohio County Health Department regarding tobacco smoke leaking from video gambling rooms inside restaurants, so obviously something needed to be done in this West Virginia, USA, town. ”When we get these types of complaints, we still make a site visit to make sure they are […]

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Malaysia to stamp out smuggled-cigarette smokers

Malaysia to stamp out smuggled-cigarette smokers

| April 16, 2013

The city hall in the Malaysian city of Kota Kinabalu, proposed that buyers of  contraband cigarettes be penalized along with the sellers of the smuggled smokes, according to a story in the the Borneo Post. Mayor Datuk Abidin Madingkir, who made the proposal in his speech during the  launch of Ops Pacak 2013, said buyers […]

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Vaping is working in Southwest Florida

Vaping is working in Southwest Florida

| April 15, 2013

A few businesses in Southwest Florida, U.S., are allowing vaping in the workplace, according to a story in the Naples Daily News. For instance, Safety Harbour Insurance, which serves Lee and Collier counties, is said to allow its employees to ‘e-puff’ away at work. “We absolutely love it,” said manager Candace Nichols, who has been […]

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Smoking causes more than “just death”

Smoking causes more than “just death”

| April 15, 2013

Australia was due yesterday to start a new anti-tobacco propaganda campaign aimed at preventing the suffering caused by smoking. According to an Australian Associated Press story, the campaign, called “Stop before the suffering starts”, will use television and radio, and the print, online and social media. The campaign is said to highlight the toll taken […]

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International anti-tobacco conference to be staged in tobacco country

International anti-tobacco conference to be staged in tobacco country

| April 15, 2013

India, the third largest producer of tobacco, is due to host an international anti-tobacco conference in Delhi later this year. The International Conference on Public Health Priorities in the 21st Century: The Endgame for Tobacco will take place on September 10–13. “The conference is a call for collective resolution to fight tobacco through global cohesion […]

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Hungary moves from open market to monopoly to zeropoly

Hungary moves from open market to monopoly to zeropoly

| April 15, 2013

Smokers in some Hungarian villages will not have local access to cigarettes after a new law allowing only state-licensed tobacconists to sell cigarettes comes into effect in May, according to an MTI-EcoNews story quoting the opposition Socialist lawmaker, Csaba Toth. As was reported here on April 3, the country’s parliament adopted legislation in September last […]

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Fewer smokers, more snuffers in Norway

Fewer smokers, more snuffers in Norway

| April 15, 2013

Norway’s smoking tobacco tax revenue last year, at NOK7.3 billion, was down by NOK170 million on that of 2011 and down by NOK750 million on that of 2009, according to an Esmerk Norwegian News story. The decline was attributed to the fall that has occurred in the number of daily smokers, which, according to the […]

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Davidoff to establish subsidiary in Austria

Davidoff to establish subsidiary in Austria

| April 15, 2013

The Switzerland-based cigar producer, Oettinger Davidoff Group, will be represented in Austria by its own subsidiary beginning in May, Davidoff of Geneva Austria GmbH, according to an APA Economic News Service story. Austria is the 10th biggest market for the group, which is said to have a presence in 150 countries and to employ 3,700 […]

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Tabacalera makes a comeback

Tabacalera makes a comeback

| April 15, 2013

The Imperial Tobacco group has restored the Tabacalera name for its new premium cigar division in Spain, according to a Cinco Dias story. The move was said to be in line with Imperial’s strategy of reorganising some of its legal entities in Spain. The reorganisation process was said to have been started last year.

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Manila FDA will not register e-cigarettes

Manila FDA will not register e-cigarettes

| April 12, 2013

The Food and Drug Administration (FDA) announced it will not register e-cigarettes, as health products as these devices are against the intent of the country’s tobacco regulation law, according to a story on MB.com.ph, a Minilan news website. In an advisory, FDA acting Director General Kenneth Hartigan-Go said e-cigarettes are “contrary to the intent and […]

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Fiji running out of places for smokers to smoke

Fiji running out of places for smokers to smoke

| April 12, 2013

Smoking in Fiji restaurants will be illegal as of July 1st, and a $1,000 fine will be carried if any one business breaches the new law, which was implemented under the Tobacco Control Regulation of 2012. Graphical warnings on cigarette packets will also be printed as of July, according to a story by the Fiji Broadcasting Company. […]

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FBI sting smokes out fake Marlboro men

FBI sting smokes out fake Marlboro men

| April 12, 2013

For more than a year, the system worked flawlessly. Containers of counterfeit cigarettes shipped from China to the ports of Newark, N.J., and New York City moved easily through customs and the U.S. Department of Homeland Security without inspection. From the docks, the cigarettes, falsely labeled as Marlboros and Marlboro Lights, made their way to […]

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Preliminary figures: JT’s financial-year cigarette volumes up 7.2 percent

Preliminary figures: JT’s financial-year cigarette volumes up 7.2 percent

| April 12, 2013

Japan Tobacco Inc’s domestic cigarette sales volume during March, at 9.7 billion, was down by 3.6 percent on its March 2012 volume, 10.1 billion, which itself was down by 3 percent on that of March 2011, according to preliminary figures issued by the company. Volume during the 12 months, April 2012-March 2013, at 116.2 billion, […]

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Smoking decline slowed in Canada

Smoking decline slowed in Canada

| April 12, 2013

Decades of anti-smoking campaigns whittled Canada’s smoking population from about 50 percent in 1965 to less than 20 percent in 2011, but the rate of decline has slowed in recent years and five million Canadians still smoke, according to a Conference Board of Canada report Profile of Tobacco Smokers in Canada. “It appears that, as […]

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Tobacco firms may face health care lawsuits by Korea’s national insurer

Tobacco firms may face health care lawsuits by Korea’s national insurer

| April 12, 2013

Korea’s state-run National Health Insurance Service (NHIS) is considering filing lawsuits against cigarette companies to seek compensation for rising health care costs from smoking-related illnesses, according to a story in The Korea Herald. NHIS’ president Kim Jong-dae, said that tobacco companies should no longer be free of responsibility for smoking-related diseases that cost massive amounts […]

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JT’s new smokeless product has stronger menthol flavor

JT’s new smokeless product has stronger menthol flavor

| April 12, 2013

Japan Tobacco Inc. said today that it will relaunch from late May its Zerostyle Mint smokeless tobacco product with improved flavor and aroma, and a redesigned pack. The relaunched product, Zerostyle Blue Mint, which is due to be rolled out across Japan, will have the same flavour and aroma as that of Zerostyle Drive Concept, […]

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PMI to host results webcast April 18

PMI to host results webcast April 18

| April 12, 2013

Philip Morris International Inc. is due to host a live audio webcast at www.pmi.com/webcasts starting at 09.00 hours on April 18 to discuss its 2013 first-quarter results, which will be issued about 07.00 hours the same day. During the webcast, which will be in a listen-only mode, CFO, Jacek Olczak, will discuss the company’s 2013 […]

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Lorillard to host results webcast April 24

Lorillard to host results webcast April 24

| April 12, 2013

Lorillard is due to host a live audio webcast of its first-quarter 2013 results conference call on April 24 starting at 09.00 hours Eastern Time. The conference call will be hosted by chairman, president and CEO, Murray S. Kessler, and executive vice president, finance and planning, and CFO, David H. Taylor. Investors will be able […]

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Altria to host results webcast April 25

Altria to host results webcast April 25

| April 12, 2013

The Altria Group is due to host a live audio webcast starting at 09.00 hours Eastern Time on April 25 to discuss its 2013 first-quarter business results. The business results will be issued by means of a press release about 07.00 hours the same day. The webcast, at www.altria.com, will be in listen-only mode, and […]

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