Philip Morris Raises Cigarette Prices
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Philip Morris USA has raised prices on  certain cigarette brands by 10 cents per pack, effectively  matching an increase last month on its top brands such as  Marlboro, tobacco industry analysts said.
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California voters by nearly a 2-to-1 majority would support increasing their state's cigarette tax by $2 per pack to help raise cash for a state effort to provide health-care insurance to the uninsured, according to the latest Field Poll released on Friday.
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Rising fuel costs and high air fares push up UK inflation during November, according to official figures.
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Philip Morris USA on Monday disputed a   Massachusetts study that said the amount of nicotine in   cigarettes -- including its top-selling brand, Marlboro --   increased steadily from 1998 to 2004.
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Cigarette makers have revved up  price promotions in recent years, a strategy they know will  lead to more underage smoking, an economist testifying in the  U.S. government's racketeering trial against the industry said  on Wednesday.
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The world's third largest cigarette  group, Japan Tobacco Inc (2914.T), on Thursday made a 7.5  billion pound ($14.7 billion) cash offer for rival Gallaher  Group Plc , sources close to the situation said.
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Altria Group Inc., parent of tobacco firm Philip Morris and majority owner of Kraft Foods Inc., said Wednesday that its board raised its quarterly dividend by 7.4 percent to 73 cents from 68 cents.
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European tobacco stocks were lifted by bid activity on Thursday which helped equity markets nudge higher, while interest rate decisions by both the Bank of England and the European Central Bank went as expected.
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The nation's largest cigarette maker is disputing a study by the Massachusetts Department of Public Health that found nicotine in cigarettes has risen about 10 percent in the past six years.
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Apparently, raising the price really does make the wine taste better.
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A chain of debts within the government supply system has caused a cigarette shortage in Cuba's second-largest city, driving up the black market price of smokes, Cuban news media reported Saturday.
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With waning cigarette sales due to concerns about health, smoking bans and price increases, Philip Morris USA is staking its future in a new research center meant to develop products to reduce the risk of tobacco use.
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Cigarette making giant British American Tobacco PLC, owner of Canada&#39;s largest tobacco producer, reported a 60 per cent jump in third quarter net profit Tuesday, thanks partly to lower taxation charges.
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British American Tobacco posted a 20% rise in profits today and said a business-transforming deal in the United States had shown early promise.
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The tobacco company reports a year-over-year increase of 5.9% in Q3 net sales.
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Higher cigarette prices and increased sales of cigarettes overseas helped edge profit higher, while earnings tumbled at the Kraft Foods unit it plans to spin off.
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Utilities firm increases gas prices by 12.9% and electricity prices by 7.9%