Tag Archives: tobacco companies

Australian Government is Investing its Money in Tobacco Companies

Australia that is known for its plan to implement one of the severe anti-smoking law in the world, invested $147.7 million in shares of australian dollartobacco manufacturers, as for instance British American Tobacco (BAT) in order to pay for the politicians’ retirement.

Golden LEAF’s funds coveted

ROCKY MOUNT — Tucked away unobtrusively in a modern one-story stone, brick and glass building in this traditional tobacco town is one of the oddest governmental animals in the country - a cash cow in a time of austerity.

Can Tobacco Company Dividends Stay High?

Some of the highest dividend-paying stocks have been the tobacco companies. Altria Group Inc. (NYSE: MO), Philip Morris International Inc. (NYSE: PM), British American Tobacco plc (AMEX: BTI), Reynolds American Inc. (NYSE: RAI), Lorillard, Inc. (NYSE: LO), and Vector Group Ltd. (NYSE: VGR) have posted solid dividend yields for the past year, and the only issue now is whether or not the companies can keep it up.

Alberta government to launch suit against tobacco companies

EDMONTON – A pending provincial government lawsuit against the tobacco industry could turn out to be one of the biggest legal Alberta governmentactions in Alberta’s history, potentially worth up to $10 billion in recovered health care costs, a leading anti-smoking advocate says.

Tobacco company earnings boosted by higher prices

Some of the world’s largest tobacco companies showed this week that even in a sluggish global economy they have the power to raise prices in most countries and beat earnings expectations.

US Stocks Edge Higher, Led By Telecom, Tobacco Companies

NEW YORK -U.S. stocks edged up Monday, boosted by telecommunications stocks and tobacco companies after the Supreme Court declined to review a landmark tobacco-industry ruling.

Six Nations tobacco company takes on United States

A Six Nations tobacco company is taking on the United States in a legal action that challenges big tobacco and the North American Free Trade Agreement.

Big Tobacco’s Many Days in Court

U.S. cigarette makers, led by Altria Group and Reynolds American, have racked up a dismal record in Florida courts, where smokers and their families won 14 of the last 15 trials and were awarded more than $200 million in damages. But plenty of battles remain. That’s because there are still more than 9,000 claims left to be tried.

Tobacco Companies are Using Social Networking Sites to Promote their Products

The largest tobacco companies are turning to Social Networking sites, such as Facebook, Twitter and MySpace to promote their tobacco on Social Networking sitesproducts in violation of international treaties that ban tobacco advertisements, according to a research carried out by University of Sydney public health research team which appeared in the recent issue of the British Medical Journal.