BNET Industries
Last Fiscal Year Sales:$1.0B
- Private
- US
Dow Jones Description
Mfr. of Cigarettes
Number of Employees 6,000
Peer Companies
NAICS Code Tobacco and Tobacco Product Merchant Wholesalers: 424940
Recent Events
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Former Smoker Wins Case Against Philip Morris
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BUYINS.NET: Discovery Laboratories DSCO Daily Short Sale Trading Volume Through 11-17-09. Over 56 Million Shares...
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BUYINS.NET: REGN, EGLE, VG, SSS, DSCO, SRDX Expected To Be Lower After Earnings Releases on...
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ATVI, FLEX, BRCM, DSCO, ONNN, AMLN With Highest Daily Short Volume On NASDAQ Tuesday
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The Bloom Is Off the Rose for Tobacco Claims
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BUYINS.NET: FITB, NVDA, YHOO, NWSA, DSCO, EBAY With Highest Daily Short Volume On NASDAQ Friday
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Altria to Expand Snus Test
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Kansas City-area residents sue Philip Morris USA
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Senate Passes Tobacco Measure
News & Analysis
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government and philip morris usa and tobacco - All News and Analysis
'Big Tobacco' breathes easier after US government drops hefty claim
- 2005-06-12
WASHINGTON AFP — The US government stands accused of cozying up to its former foes in the tobacco industry after dramatically dropping the bulk of a 130-billion-dollar claim for damages last week. The Justice Department is instead seeking 10 billion dollars for an anti-smoking campaign in a fraud lawsuit...
Appeals court dismisses US government's 280-billion-dollar tobacco suit
- 2005-02-04
WASHINGTON AFP — An appeals court rejected a US government lawsuit seeking 280 billion dollars from the tobacco industry that alleged cigarette makers plotted to cover up the risks of smoking. The 2-1 decision by a panel found that the case, which sough to recover government health care costs,...
legal brief
- 2004-09-22
Trial seeks record damagesfrom tobacco companies Bloomberg News U.S. cigarette makers conspired for half a century to deceive the public about the risks of smoking, a Justice Department lawyer said, as trial began Tuesday in a case that could imperil the survival of the tobacco...
Tobacco companies to fire back in 280-billion-dollar clash with US government
- 2004-09-22
WASHINGTON AFP — Top tobacco companies were set to aggressively counter US government charges they lied to the public about the health risks of smoking in a 280-billion-dollar lawsuit that could bankrupt the industry. In the largest-ever US civil racketeering case, the government accuses tobacco companies of colluding for...
US government seeks 280 billion dollars from tobacco firms
- 2004-09-21
WASHINGTON AFP — The US government begins a major court battle to win 280 billion dollars that it says major tobacco companies earned from the public by covering up the dangers of smoking. The tobacco industry manipulated nicotine levels to increase addiction, targeted teens with multibillion-dollar campaigns, falsely claimed...
US government starts case to get 280 billion dollars from tobacco industry
- 2004-09-21
WASHINGTON AFP — The US tobacco industry faces its biggest legal fight yet as the government takes it to trial seeking 280 billion dollars for banding together to dupe the public about the dangers of smoking. If the government wins, analysts say, the tobacco industry could be forced into...
European Union near deal with Philip Morris
- 2004-04-06
BRUSSELS, Belgium -- The European Union and the maker of Marlboro cigarettes said Monday they were close to a $1 billion deal to end years of legal wrangling by cracking down together on smuggling and counterfeits that are costing both sides enormous sums. Under the draft agreement,...
Statement of Philip Morris U.S.A
- 1995-07-13
NEW YORK--BUSINESS WIRE--July 13, 1995--Statement of Philip Morris U.S.A.:Philip Morris and tobacco industry critics agree on one thing, at least -- kids should not smoke.In fact, Philip Morris has already voluntarily undertaken a sweeping initiative to prevent minors' access to cigarettes. Our initiative, which we call Action Against Access,...
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