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Philip Morris International Narrows 2012 Revenue Forecast on Currency Fluctuations

Philip Morris International, the leading privately owned tobacco corporation across the world, reduced its full-year revenue forecast since the growing potential of US Dollar affects sales posted on international markets by the manufacturer of L&M, Parliament, Bond Street and Marlboro cigarettes.The adjusted earnings for the 2012 ye ...

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U.S. Cigarettes Cost more from Today

American smokers will be paying more for cigarettes starting from today, June 18, since Philip Morris USA, as well as its key competitors, RJ Reynolds and Lorillard have increased list prices of their products.The largest cigarette maker in the USA, Philip Morris, declared last week its intention to increase prices on all of its key gro ...

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International Cigarette Industry News

British American Tobacco set to purchase more tobacco grown in the Philippines.The manufacturer of Lucky Strike and Kent cigarette brands confirmed last week that it intends to double the amount of tobacco crop the company currently purchases from the Philippine farmers in 2013, anticipating the Congress approval of the “sin tax&# ...

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Altria to Use Virginia as Test Market for New Nicotine Product

The leading tobacco company across the nation intends to test market in Virginia its newly-developed product, which contains nicotine, without tobacco.Altria Group Inc., the owner of Philip Morris USA, the maker of Marlboro, declared last week that its latest product - a spit-less chewable product named Verve – will be selling at nearly ...

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Reynolds American Shares 1Q Profit Report

This week Reynolds American Inc reported its profits for the first quarter of the year was down by 29 percent as expenses on restructuring and drops in cigarette volumes offset the positive impact of increased pricing and improvements in productivity.The second-largest tobacco group across the nation posted net income totaling $270 mill ...

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Rapper Snoop Dogg to Publish Smokable Book

After releasing a novel and an autobiography, which became best-sellers, hip-hop mogul Snoop Dogg is set to continue his path in the publicist scene by publishing a book with a collection of the lyrics from his songs. Yet, it won’t be an ordinary songbook, but a smokable book, which could be rolled and puffed after reading. ...

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New Cigar and Cigarette Brands in our Store

Since we are trying to keep up with the needs of all adult tobacco consumers, we have introduced two outstanding cigar brands to our stock, in order to delight those smokers, who enjoy a fine cigar smoke.Both our newcomers belong to small cigars (cigarillos) category and occupy the leading positions by sales in the European cigar market ...

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Altria Reports Q4 Profits Fall

Apart from declaring that current CEO Michael Szymanczyk is set to retire in May, Altria Group Inc. also announced its fourth-quarter profit lost nearly 9% on restructuring and lease charges last month, in spite of boost from increased prices and smoke-free tobacco products.In cigarette segment, Philip Morris USA reported slight volume ...

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BAT Posts Revenue Growth, Declares Pay-Out

British American Tobacco intends to deliver future revenues growth by launching new and innovative products to lure adult smokers from developing markets up to more expensive, premium cigarette brands.The London-based group confirmed it planned to make increased use of the latest innovations in cigarette industry, such as re-sealable ci ...

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Tobacco Retailers Outlook on leading Cigarettes Brands

The latest UBS-CSP Tobacco Survey shows that according to tobacco retailers Marlboro will continue boosting its share of the market thanks to its promotions, Pall Mall will post another solid performance and Newport Non-Menthol’s future is unpredictable.In the newest edition of UBS-CSP Tobacco Survey, retailers from 50 store chain ...

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