Tobacco News

British American Tobacco PLC reported Wednesday a 21 percent jump in first-quarter profit, with rising global sales more than compensating for declining volumes in the United States. via PR-inside.com

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“Maybe there is a consumer slowdown in Europe, but we have not seen it yet. The spread of our businesses should help protect us for the worst”

The London-based group which makes Lucky Strike, Kent, Dunhill and Pall Mall cigarettes, said it saw profits growth in all its regions and benefited from currency translation as the pound was weaker against ... via Globeinvestor.com

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Philip Morris International Inc. has been notified of an unsolicited " mini-tender offer " by TRC Capital Corporation to purchase up to 2.0 million shares, or approximately 0.09%, of Philip Morris International ... via Earth Times

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Sheriff's deputies said a student at R.J. Reynolds High School assaulted a school resource officer and the school's assistant principal. via WXII12

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“The market was too pessimistic”

Sunday, April 27, 2008; Page F07 U.S. stocks posted the first back-to-back weekly gains since February after earnings at Boeing and Philip Morris International bolstered speculation that overseas growth will ... via The Washington Post

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“Our brands got stronger, our market share increased, our investments continue to pay off, and our margins improved sequentially from the fourth quarter”

Kraft Foods Inc., the nation's largest food and beverage maker, said Wednesday its first-quarter earnings dropped 13 percent amid higher costs for the ingredients that go into its products.The profit decline ... via WJLA-TV Arlington

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Carolina Group, a tracking stock tied to the performance of Greensboro tobacco company Lorillard Inc., said Monday its first-quarter earnings of $171 million, down 9.5 percent from the $189 million profit from ... via The Business Journal of the Greater T...

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Q: How do I calculate my cost basis in Altria and Philip Morris International ? Altria recently spun off Philip Morris. via USA Today

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STOCKHOLM, Sweden - Swedish Match AB today announces an additional investment in its Kung lv snus production plant in Sweden. via Earth Times

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“Some counted me out and said to drop out”

Hillary Rodham Clinton ground out a gritty victory in the Pennsylvania primary Tuesday night, defeating Barack Obama and staving off elimination in their historic race for the Democratic presidential ... via WTLV

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