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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The Scottish government is to announce plans to increase the age for purchasing tobacco from 16 to 18.
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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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Utilities firm increases gas prices by 12.9% and electricity prices by 7.9%
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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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The cigarette and food producer raised its quarterly dividend by 6 cents to 86 cents a share, less than some analysts had expected.
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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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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 pork producer fattens up on higher hog prices.
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Wholesale prices climbed by 0.5 percent in November &#151; an improvement compared with the previous month's surge, but still fresh evidence that inflation is picking up as the economy gains momentum.
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Philip Morris USA will invest $200 million in the next three years to upgrade its cigarette plant in Cabarrus County, Gov. Mike Easley announced Tuesday.
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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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Consumer prices rose by a slightly  bigger-than-expected 0.2 percent in June on higher food costs  and they were up by the same amount after stripping out  volatile food and energy prices, the Labor Department reported  on Wednesday.
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OTTAWA (CP) - Higher gasoline prices compared with one year earlier helped to drive up the annual inflation rate to 2.4 per cent in November, Statistics Canada said Friday.
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Wholesale prices increased 0.5 percent in November, reflecting the biggest jump in natural gas costs since March 2003, the Labor Department said yesterday.
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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.