Securitization of the Master Settlement Agreement MSA payments from tobacco companies is hotly debated in states and policy circles. Securitization is issuing a bond backed by future payments in return for up-front money. Many public health advocates are strongly against securitization. However, securitization itself does not rob states of tobacco...
The US tobacco companies experienced a turbulent year in 2003, dominated by an intense promotional environment, considerably lower profitability, volume declines and several momentous litigation rulings. However, by year-end the major tobacco companies had settled into a more predictable pattern at lower levels of profitability. The competitive landscape for domestic...
NEW YORK -- Regulatory News: Philip Morris International Inc. (NYSE / Euronext Paris: PM) will host a live audio webcast at www.pmintl.com on Wednesday, July 23, 2008 at 9:00 a.m. ET to discuss 2008 second-quarter results, which will be issued at approximately 7:00 a.m. ET the same day....
STAMFORD, Conn., July 15 /PRNewswire/ -- UST Inc. Chairman and Chief Executive Officer Murray S. Kessler and members of his executive team will discuss second quarter results in a live audio webcast at http://www.ustinc.com/ on Thursday, July 24, 2008 starting at 9 a.m. Eastern time. A press...
Six companies including the supermarket group Asda and the tobacco giant Gallaher, are set to be fined up to 132.3m after admitting to the Office of Fair Trading OFT that they colluded on the pricing of cigarettes. The OFT allegations of "price co-ordination" were first made public...
Youth-rated DVDs of movies with smoking scenes will include anti-smoking PSAs LOS ANGELES, July 11 /PRNewswire/ -- The Entertainment Industry Foundation EIF announced today that the six major studios will include anti-smoking public service announcements produced by the California Health and Human Services Agency on millions of...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/ef9dd1/imperial_tobacco) has announced the addition of the "Imperial Tobacco - Company Profile" company profile to their offering. This company profile will assist individual investors, managers and companies in evaluating opportunities, trends, market innovations, and selecting appropriate information solutions in order to make...
Tobacco companies could no longer imply government approval when they advertise cigarettes as "light" or "low-tar" under a proposal announced Tuesday. The Federal Trade Commission wants to bar manufacturers from using a test known as the "FTC method" to say a cigarette is low in tar or nicotine....
PALM BEACH, Fla. -- The only authorized website of the iDayo Indicator [TM] at www.idayo.com announced today that the company has implemented a Social Screening process (also known as Ethical Investing or Morals-Based Investing) for its proprietary stock and options selector, the iDayo Indicator [TM]. iDayo [TM] is...
Liverpool City Council will this week become one of the first UK local authorities to try to prevent the region's public sector pension fund from investing in the def-ence industry. A motion expected to be passed by the city council on Wednesday will call on the 4.4bn...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/bc5778/tobacco_zimbabwe_2) has announced the addition of the "Tobacco Zimbabwe 2007" report to their offering. Tobacco Zimbabwe 2007 provides the latest data (1998-2007) on the local market, major companies and brands. The report covers key factors that influence the market such as legislation,...
ST. LOUIS, Mo. & PEORIA, Ill. -- The Center for Health Value Innovation (www.vbhealth.org), the nation's premier organization dedicated to establishing value and producing evidence for sustainable health and financial improvement, announces positive employee health outcomes from its value-based design member organization, Caterpillar Inc., a Fortune 50 company and the...
Can a tobacco company ever be socially responsible? Since the World Health Organization clamped down on tobacco advertising, corporate social responsibility CSR initiatives are among the few remaining outlets that tobacco companies have to promote themselves publicly. British American Tobacco Malaysia BATM, for example, has won the...
DESPITE THE ALL-TIME HIGH petrol and diesel prices and a hike in electricity tariffs, consumer stocks remain a top pick for many analysts. Research and rating houses feel that while consumer spending may likely soften, it will remain resilient as the impact of the energy price hike would only be...
OXFORD, Miss. -- Richard "Dickie" Scruggs, who became one of the wealthiest civil lawsuit attorneys in the country by taking on tobacco, asbestos and insurance companies, was sentenced Friday to five years in prison for conspiring to bribe a judge. Scruggs, 62, nearly fainted as the judge...
STAMFORD, Conn., June 26 /PRNewswire-FirstCall/ -- UST Inc. Chairman and Chief Executive Officer Murray S. Kessler will highlight the company's continuing success at driving moist smokeless tobacco category growth and why the company believes this growth will continue over the long-term at the JPMorgan Global Tobacco Conference in...
NEW YORK -- Regulatory News: Philip Morris International Inc. (NYSE/Euronext Paris: PM) will host a live audio webcast of its presentation at the JP Morgan Global Tobacco Conference in London at www.pmintl.com on June 27, 2008, at approximately 9:25 a.m. London Time (4:25 a.m. ET). The...
Hanfeng Evergreen Inc. ("Hanfeng" or the "Company") (TSX: HF), a leading producer of slow and controlled release fertilizers in China, announced today that it has entered into a letter of intent to form a joint venture with PT. Matahari Kahuripan Indonesia ("MAKIN Group"), a major Indonesian palm oil and tobacco...
New Customers Include New York Stock Exchange, Aviva, Philip Morris and British American Tobacco LAS VEGAS, June 18 /PRNewswire/ -- InfoComm 2008 -- Teliris (http://www.teliris.com/), the leading provider of immersive telepresence solutions, reaffirmed today its continuing lead in paying customer deployments by announcing seven additional Global 2000...
STAMFORD, Conn., June 10 /PRNewswire/ -- UST Inc. Chairman and Chief Executive Officer Murray S. Kessler will present at the JPMorgan Global Tobacco Conference on June 27, 2008 at 7:00 a.m. Eastern time. The audio portion of the presentation will be webcast live at http://www.ustinc.com/. The webcast...
Articles 2008-06-10
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