Tobacco News Archives

After the cancellation of treasury shares, the Company's treasury shares amount to 2,680,425. The total amount of shares outstanding, including shares held in treasury, amounts to 255,000,000 shares equivalent ...

Altria Group is reiterating its interest in growing its business in other tobacco categories as domestic cigarette sales continue to decline.The company on Wednesday held its first shareholder meeting since the ...

Foreign investors are buying fewer Manhattan office buildings and are spending less.

On campuses nationwide, professors and administrators have passionately debated whether their universities should accept money for research from tobacco companies.

Imperial Tobacco Group, the world's fourth-largest tobacco company, announced a $9.6 billion rights issue Tuesday to help pay for the takeover of the Spanish company Altadis.

Rothmans Inc. grew its full-year earnings by 18 per cent to $117.6 million as net sales at 60 per cent owned subsidiary Rothmans, Benson & Hedges Inc.

R.J. Reynolds Tobacco Adding Test Cities for Camel SNUS - Is It Justified??

Samuel Garten, Ph.D., M.S., M.S. and R. Victor Falkner, M.A., M.S., M.A.L.S.
TobaccoWatch.org

Can we believe that RJR Reynolds is really gaining traction with their smokeless, spitless, little pouches of tobacco called Camel SNUS??

As a result of this so-called gain in traction, Reynolds is planning to expand the test markets for Camel SNUS from eight to 17 metropolitan areas. (The new markets: Atlanta, Baltimore/Washington, Chicago, Los Angeles, Miami, Minneapolis/St. Paul, New York City, Oakland/San Francisco and Seattle.)

We did a spot check on the sales of Camel SNUS in the eight cities (Austin, Texas; Columbus, Ohio; Dallas/Fort Worth, Texas; Indianapolis; Kansas City, Mo.; Orlando, Fla.; Portland, Ore.; and Raleigh.) where it is now available. The original two test sites were predominantly convenience stores (c-stores) in Austin, TX and Portland, OR. Sales in these stores and the other six sites have been slow, it seems--only if a store is near a school do sales pickup; e.g., a store in Austin, TX near two schools. We know first-hand that in Raleigh, NC sales have not been good. In one of the Sheetz stores in North Raleigh the special cooler needed for Camel SNUS has been placed under the counter. At least one c-store's advertisements promoting Camel SNUS have been moved to less visible locations.

Tobacco companies including R.J. Reynolds are in agreement that for SNUS to catch on and be a strong seller, it's going to require more public awareness and education. These companies are limited on how this can be accomplished. They have tried reducing prices, giving away free coupons at c-stores and in various bars, printing brochures about SNUS and creating websites identifying the glories of sucking on tea-bag like pouches with very little continued success. It is very likely that Reynolds has given away more cans of Camel SNUS then have been purchased.

The Supreme Court rejected an appeal Monday by a California smoker who alleged the multibillion dollar tobacco settlement between 46 states and the four major cigarette companies was anticompetitive and ... via WSLS-TV Roanoke

Japan Tobacco Inc. , the world's third- largest publicly traded cigarette maker, rose the most in two weeks in Tokyo trading after the Nikkei newspaper reported it may raise prices. via Bloomberg.com - Asia

BOZEMAN - Tobacco industry whistleblower Jeffrey Wigand will keynote the statewide conference of the Montana Tobacco Use Prevention Program on Wednesday in Bozeman. via Great Falls Tribune

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

“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

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

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

“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