British American Tobacco said it would take a hit of around $31.5 billion as it writes down the value of some US cigarette brands, acknowledging on Wednesday that its traditional market has no ...
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Philip Morris International has moved aggressively to deal with the ongoing decline in demand for cigarettes. The company serves a diverse group of foreign markets and has been moving into the U.S.
(Reuters) -Imperial Brands announced an additional 1.45 billion pound ($1.95 billion) share buyback plan on Tuesday and said it was on track to meet its annual targets on the back of strong pricing ...
British American Tobacco shares slumped 8% as the cigarette maker said it will write down the value of its cigarette brands by £25 billion ($31.5 billion). The company UK:BATS BTI said the write-down ...
RICHMOND, Va. (AP) — Lorillard’s first-quarter profit jumped 47 percent as higher prices, electronic cigarette sales and lower legal expenses from a longstanding legal settlement offset a decline in ...
Feb 14 (Reuters) - A Missouri-based maker of menthol-flavored e-cigarette liquids on Wednesday urged a federal appeals court to revive its application with the U.S. Food and Drug Administration to ...
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Jon-Patrick Allem, University of Southern California (THE CONVERSATION) In early ...
Victory for company could add to circuit split over FDA denials Agency has said companies must show flavored products' benefit for adult smokers Feb 14 (Reuters) - A Missouri-based maker of ...