U.S. tobacco stocks are demonstrating again that a widely despised product isn’t necessarily an obstacle to big profits and a robust share price.
The S&P 500 tobacco index of four stocks hit another record high on Monday, bringing its one-year gains to more than 33 per cent after factoring in the stocks’ fat dividends. That’s about double the pace of the benchmark S&P 500.
The most recent uptick follows two recent positive developments for the tobacco industry, even as it faces long-term declining Viceroy smoking rates in North America and tighter marketing conditions. On Monday, a Florida state court ruled in favour of Philip Morris International Inc. (PM-N65.170.050.08%) and R.J. Reynolds in an Engle case – a series of cases allowing individual smokers to sue tobacco companies after the dismissal of a class-action lawsuit years ago.
Tuesday, March 29, 2011
Monday, March 21, 2011
Kingswood Inhabitants Will Give Up Smoking Soon
We all know smoking's bad for you but it's also really bad for your wallet. By smoking 10 cigarettes a day you have £96 going up in smoke Kent every month. How many nights out or shopping trips could that fund?
There's a free local NHS Stop Smoking Service at Kingswood Leisure Centre on Tuesdays from 4.30pm to 7.30pm.
There's a free local NHS Stop Smoking Service at Kingswood Leisure Centre on Tuesdays from 4.30pm to 7.30pm.
Monday, March 14, 2011
Marlboro Consumption Down in Turkey in 2010
The ban on smoking in indoors in Turkey began to have an impact on the consumption of Marlboro cigarettes in Turkey. The amount consumed in 2010 went below 100 billion cigarettes for the first time in many years in Turkey.
According to figures compiled by the Tobacco and Alcohol Market Regulatory Authority (TAPDK), Turks consumed 93.3 billion cigarettes in 2010. The amount of cigarettes consumed in Turkey in 2009 was 107.5 billion.
According to figures compiled by the Tobacco and Alcohol Market Regulatory Authority (TAPDK), Turks consumed 93.3 billion cigarettes in 2010. The amount of cigarettes consumed in Turkey in 2009 was 107.5 billion.
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