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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Altria to Expand Snus Test
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Kansas City-area residents sue Philip Morris USA
News & Analysis
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philip morris usa and u.s. department of justice - All News and Analysis
Altria and Philip Morris USA Reaction to DOJ Clarification Order
- 2007-03-16
NEW YORK -- Altria and Philip Morris USA said today that the district court's order clarifying its earlier decision on two legal issues is contrary to the law. However, now that proceedings in the district court have been completed, the companies will now proceed with their appeal to the United...
Philip Morris USA and Altria Will Seek Appellate Review of Decision in DOJ Case
- 2006-08-18
NEW YORK -- Philip Morris USA and its parent company, Altria Group, Inc., will seek review of U.S. District Court Judge Gladys Kessler's ruling today that PM USA, Altria Group and the other cigarette companies violated civil provisions of the Racketeer Influenced Corrupt Organizations RICO Act.
Statement from the Department of Justice on Today's Ruling in United States v. Philip Morris
- 2006-08-17
WASHINGTON, Aug. 17 /U.S. Newswire/ -- The following statement was released by the Department of Justice on today's ruling in United States v. Philip Morris: WASHINGTON, Aug. 17 /U.S. Newswire/ -- The following statement was released by the Department of Justice on today's ruling in United States v. Philip Morris:
US appeals ruling on 280-billion-dollar tobacco penalty
- 2005-07-18
WASHINGTON AFP — The Department of Justice asked the US Supreme Court to review a February appeals court ruling that it could not seek a massive "disgorgement" of profits from the tobacco industry. At issue is whether the government can pursue some 280 billion dollars in allegedly ill-gotten gains...
'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...
Fitch: No Rating Actions for U.S. Tobacco Industry on Dept. of Justice Disgorgement Ruling
- 2005-02-04
CHICAGO -- Fitch Ratings is not taking any rating actions at this time regarding today's ruling by a three judge panel of the U.S. Court of Appeals for the District of Columbia Circuit. The judges ruled two-to-one against allowing disgorgement as a remedy against the tobacco companies under civil Racketeer...
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...
Feds create mega-lawsuit targeting tobacco industry
- 2004-09-20
In 1953, a debonair Perry Como -- advertising he was a two-pack-a- day smoker -- helped Chesterfield spread the message that "a medical specialist" found no nose, throat or sinus problems among people smoking its brand for 10 years. That same year, executives of the major tobacco companies...
Federal Appeals Court Grants Immediate Review of Disgorgement Ruling in Government's Lawsuit against Cigarette Companies
- 2004-07-15
NEW YORK -- A federal appellate court today said it would consider now, as opposed to after trial, the question of whether the Department of Justice is legally entitled to seek disgorgement of alleged "ill-gotten gains" from Philip Morris USA and other major cigarette companies as part of the Department...
Philip Morris Statement On Department of Justice Tobacco Lawsuit Meeting
- 2001-07-18
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