Monthly Archives: October 2009

Australian could be exorcised from outdoor eating and drinking venues

Australia is apparently eager to become home of the strictest anti-smoking rules across the globe. The local health officials keep proposing regulations and restrictions like various bans and tax increases to crack down the tobacco consumption throughout the nonsmokercountry.
In conformity with the new legislation introduced by Australian Capital Territory (where the Capital City Canberra and the largest city Sydney are located), lighting up will be banned in any outdoor public eating or drinking facility.

Smoking ban to go before county voters

St. Louis County voters will render their verdict on a controversial smoking ban ballot measure on Tuesday, in an election that is expected to have very low turnout.

LORILLARD, INC Reports Operating Results

LORILLARD is the third largest manufacturer of cigarettes in the United States. Lorillard is the oldest continuously operating tobacco company in the U.S. Newport Lorillard’s flagship brand is a menthol-flavored premium cigarette brand and the top selling menthol and second largest selling cigarette in the U.S. In addition to Newport the Lorillard product line has five additional brand families marketed under the Kent? True? Maverick? Old Gold? and Max? brand names. These six brands include 44 different product offerings which vary in price taste flavor length and packaging. Lorillard’s manufactures all of its products at its Greensboro North Carolina facility and maintains its headquarters there. Lorillard, Inc has a market cap of $12.85 billion; its shares were traded at around $77.8 with a P/E ratio of 13.7 and P/S ratio of 3.1. The dividend yield of Lorillard, Inc stocks is 5.2%.
Highlight of Business Operations:

Smokin’ new business

What is the outcome of combining molasses and fruit flavors in a bowl? It isn’t a dessert in the case of a new downtown Grand Forks business.

Senate Committee To Vote on Remote Sales of Tobacco Legislation

The Senate Judiciary Committee is scheduled to vote on November 5 on legislation that would crackdown on the illegal sale of tobacco products via the Internet and mail order. NACS has been leading a business coalition of retailers and distributors to rally around this legislation.

Big Tobacco Shifts Strategies

OAK BROOK, Ill. — In the past three months, the major tobacco companies have altered their promotional strategies, pulling back from umbrella programs and rechanneling efforts to specific brand promotions.

Tobacco groups ask Obama to challenge Canadian ban

WASHINGTON – Philip Morris International joined with U.S. tobacco industry groups on Thursday to ask President Barack Obama’s administration to challenge Canada’s new law banning flavored cigarettes and small cigars.

NEDA gives green light on cigarette stamp tax

The National Economic and Development Authority (NEDA) has just given the green light to the Bureau of Internal Revenue (BIR) to pursue negotiations with Swiss firm SICPA Product Security S.A. on the latter’s unsolicited proposal to introduce a fool-proof tax stamps technology on cigarettes and alcohol.

Legal Aid Groups Reap Tobacco Settlement Windfall

Christmas has come early for California’s legal aid organizations.