Categories:
· Business
International:
· Worldwide
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BAT boosts profits despite recession |
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Source:http://www.guardian.co.uk/,2010-03-18
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British American Tobacco boosted profits last year despite cigarette smoking declining and the recession forcing people to trade down to cheaper brands or rely on smuggled or counterfeit products.
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Categories:
· Tobacco control
International:
· USA
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Attempt stalls to ban smoking at Calif state parks |
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Source:http://www.timesunion.com/,2010-03-12
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An attempt by the California Legislature to impose what is believed to be the nation's most far-reaching smoking ban in state parks stalled Thursday over objections it would inappropriately punish smokers.
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Categories:
· Others
International:
· Asia
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Tobacco products being sold near govt hospitals |
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Source:http://timesofindia.indiatimes.com/,2010-02-24
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Making a mockery of tobacco control laws that prohibit smoking in public places, especially hospital buildings, both government hospitals in the city, including SPG and DDU district hospitals, are witnessing sale of tobacco products right at their entrance gate.
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Categories:
· Tax
International:
· U.K.
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Categories:
· Business
International:
· USA
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Philip Morris posts profit gain; announces buyback |
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Source:http://www.marketwatch.com/,2010-02-15
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Philip Morris International on Thursday reported a fourth-quarter profit of $1.52 billion, or 80 cents a share, up from $1.45 billion, or 71 cents a share, in the same quarter of 2008. The company would have earned 81 cents a share on an adjusted basis. Revenue rose to $6.72 billion from $6.12 billion a year earlier. The average estimate of analysts polled by FactSet Research had been for the company to earn 79 cents a share on revenue of $6.54 billion. The tobacco giant also forecast 2010 earnings per share to be in a range of $3.75 to $3.85, up from $3.24 a share in 2009. In addition, Philip Morris announced a $12 billion share repurchase program.
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