CHICAGO (Reuters) - Marlboro cigarette maker Philip Morris International Inc PM on Wednesday posted higher quarterly profit, helped by the weak dollar and an increase in the number of cigarettes shipped. The company, which was spun off from Altria Group Inc ...
Philip Morris Pays Up, Reynolds Withholds SomeStates Win; Individuals LoseMy father, A.A.Carr, died from Hemangio Indio Thelioma cancer of the liver; the pathologist who performed the autopsy said that my father died from smoking poly-chlorinated filter cigarettes. I took this information to our family attorney Charles Everet; grandfather of...
A new medical diagnostic code for secondhand smoke exposure became available in 1994, but as of 2004 it remained an invalid entry on a common medical form. Soon after the code appeared, Philip Morris hired a Washington consultant to influence the governmental process for creating and using medical codes. Tobacco...
MT. ARLINGTON, N.J., June 18 /PRNewswire/ -- Johnson & Johnson, L'Oreal, Mars Incorporated, Novartis Oncology, Pfizer, and Philip Morris USA, among others, are named companies with "great business teams" by Howard M. Guttman in Great Business Teams: Cracking the Code for Standout Performance (John Wiley, June 2008). ...
RICHMOND, Va. -- The U.S. Supreme Court today agreed to review the Oregon Supreme Court's ruling upholding a 1999 verdict that awarded the family of a deceased individual smoker $79.5 million in punitive damages from Philip Morris USA. "Philip Morris USA is pleased that the Supreme Court has...
RICHMOND, Va. -- Today, Philip Morris USA PM USA made its full annual Master Settlement Agreement MSA payment of approximately $4 billion. This amount includes approximately $156 million that PM USA disputes it owes as a result of the 2005 Non-Participating Manufacturer NPM Adjustment. Since 1997, PM USA...
RICHMOND, Va. -- Philip Morris USA PM USA filed two lawsuits in federal court yesterday in Los Angeles, Ca., aimed at stopping the importation, distribution, and sale of counterfeit cigarettes and the unauthorized use of PM USA's trademarks. The suits arise from two seizures by the U.S. Bureau...
NEW YORK -- The U.S. Circuit Court of Appeals for the Second Circuit today reversed the certification of a nationwide class action of "lights" smokers. "Philip Morris USA is pleased with today's decision and believes the court came to the right conclusion in light of the overwhelming precedent...
Federal Trade Complaint Aims to Stop Trademark Infringement and Illegal Importation of Cigarettes RICHMOND, Va. -- Philip Morris USA PM USA has filed a complaint with the International Trade Commission ITC to stop illegally imported gray market cigarettes bearing PM USA's trademarks, including the Marlboro[R] mark, from entering...
RICHMOND, Va. -- Philip Morris USA filed a lawsuit in federal court yesterday in the Central District of California against Nice Pak Products, Inc. of Orangeburg, N.Y. The lawsuit is aimed at stopping the importation, distribution, and sale of counterfeit cigarettes and the unauthorized use of Philip Morris USA's trademarks....
Latest Supreme Court decisions curtailing punitive damages awards: Philip Morris USA v. Williams (2007) -- The court threw out a $79.5 million award to a smoker's widow, saying jurors were not properly limited in their consideration of harm caused to people who were not part of the lawsuit....
Contracts Interpretation of Master Settlement Agreement BOTTOM LINE: Under 1998 Master Settlement Agreement between the State of Maryland and participating tobacco manufacturers, the issue of whether the State was "diligent" in its enforcement of Maryland's escrow statute against non-participating manufacturers NPMs is an issue...
Contracts Interpretation of Master Settlement Agreement BOTTOM LINE: Under 1998 Master Settlement Agreement between the State of Maryland and participating tobacco manufacturers, the issue of whether the State was "diligent" in its enforcement of Maryland's escrow statute against non-participating manufacturers NPMs is an issue...
To: NATIONAL EDITORS Contact: Nick Guroff of Corporate Accountability International,+1-617-695-2525 Philip Morris/Altria to Announce Timing of Spin-off Today BOSTON, Jan. 30 /PRNewswire-USNewswire/ -- Today, the worldslargest and most profitable transnational is expected to announcethe timing of its split into the Swiss-based Philip MorrisInternational and U.S.-based Altria (parent corporation to...
RICHMOND, Va. -- Philip Morris USA filed two lawsuits in federal court yesterday in the Eastern District of New York against importers, C.H. Rhodes of Flushing, N.Y., and U.S. Sun Star Trading Inc. of Brooklyn, N.Y. The lawsuits are aimed at stopping the importation, distribution, and sale of counterfeit cigarettes...
Lorillard Tobacco Co. is denying that the use of the letter "M" to promote its Newport cigarettes cashes in on Philip Morris USA's iconic Marlboro brand. Philip Morris USA, the nation's No. 1 tobacco company, filed suit in October in U.S. District Court in Richmond, Va., seeking to block Lorillard...
NEW YORK -- Regulatory News: Philip Morris USA PM USA, the U.S. tobacco subsidiary of Altria Group, Inc. (NYSE: MO) confirmed today that it received $1.2 billion in funds held in an escrow account under the bond stipulation in the Engle smoking and health class action in Florida....
Allan M. Brandt Basic Books www. basicbooks, com 600 pp., $36 [ILLUSTRATION OMITTED] Allan Brandt wears a lot of different hats. He is a medical doctor and a professor of medical history at Harvard, and he served as an expert...
John Middleton Inc., which began as a Center City tobacco shop in 1856, was acquired yesterday for $2.9 billion in cash, providing a rich payday for one of the owners of the Phillies. The buyer - which is paying 16 times Middleton's projected earnings for 2007 - is Altria Group...
