Philip Morris Raises Prices on Marlboros, Other Smokes
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Altria Group Inc.'s Philip Morris USA has initiated a long-awaited increase in cigarette prices, providing what some analysts consider the first sign of life in the U.S. cigarette market since 2002.
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Philip Morris USA cut wholesale  discounts on its best-selling Marlboro cigarettes and three  other brands, a spokeswoman said on Friday, effectively raising  prices for the first time in more than two-and-a-half years.
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The maker of Marlboro, the top selling cigarette in the United States, is introducing a type of smokeless tobacco in August, as smoking bans spread and more smokers quit.
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U.S. blue-chip stocks rose slightly on  Thursday after a court gave a boost to Altria Group Inc. MO.N  and other tobacco companies, but that was offset by a drop in  McDonald's Corp. on new mad-cow worries.
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Cigarette manufacturer Philip Morris spends more than $1bn strengthening its presence in the Mexican market.
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LONDON - British American Tobacco PLC posted a 60 percent jump in third quarter net profit Tuesday, thanks partly to lower taxation charges.
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Philip Morris USA cut wholesale discounts on its best-selling Marlboro cigarettes and three other brands, a spokeswoman said on Friday, effectively raising prices for the first time in more than two-and-a-half years.
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Philip Morris USA, a division of Manhattan&#39;s Altria Group and the largest US maker of cigarettes, announced Friday that it will cut discounts on its Marlboro, Virginia Slims, Basic and Parliament brands--the first time in two years the company has
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U.S. blue chips rose on Thursday, led  by tobacco stocks, while technology share were under pressure  by a warning from Applied Materials Inc. AMAT.O, the world's  biggest semiconductor-equipment maker.
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Hershey Foods will be raising the price for many of its confectionery products.
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The U.S. tobacco king sets a date for its planned spinoff and announces share buybacks boosting its shares.
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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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Procter & Gamble  hiked listed coffee prices for some of its Folgers Coffee blends effective October 23 due to higher prices for both arabica and robusta beans, a company spokesman said Wednesday.
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No. 2 U.S. cigarette maker R.J.  Reynolds Tobacco Co. said on Monday it is raising list prices  on some of its brands and reducing retail discounts on others  as it faces higher expenses.
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Philip Morris plans to introduce two shorter Marlboros to appeal to people who want a quicker smoke. Marlboro Reds and Lights that are a half-inch shorter than the regular versions will be shipped starting Jan.
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Health officials are considering new moves to crack down on smoking now that lighting up has been banned in bars. Increasing tobacco taxes tops the list as usual, but one new idea is to
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A public-health article published online by THE LANCET suggests that Philip Morris, one of the world&#39;s leading tobacco manufacturers, was covertly involved in scientific research into the health effects of tobacco 30 years ago, and conducted research into