Philip Morris International (PMI) sold 706.71 billion cigarettes and 59.65 billion heated tobacco units in 2019, down 4.5 percent and up 44.2 percent, respectively, over 2018.Read More
Vapor executives appeared before the House Energy and Commerce Oversight and Investigation Subcommittee on Feb. 5 for questioning about their role in the spread of underage vaping.Read More
Universal Corp. reported net income of $56.1 million for the nine months ended Dec. 31, 2019, compared with $72.8 million for the same period of the prior fiscal year.Read More
Jacqueline T. Williams will join the Universal Corp. board of directors effective April 1, 2020.Read More
Due to U.S. flavor bans and weaker than expected demand for vapor products, Imperial Brands expects its adjusted earnings per share to be lower than last year.Read More
Philip Morris has been ordered to pay $10.5 million in damages to a former marine who lost his voice box to cancer from smoking cigarettes.Read More
While Altria Group’s second impairment charge for its Juul investment is credit negative, it will have minimal financial impact, according to Moody’s Investors Service.Read More
Extinguished cigarette butts continue to release harmful toxins, according to new research. Read More
The U.S. Food and Drug Administration has sent a warning letter to the manufacturer of nicotine-laced toothpicks for violations of the Federal Food, Drug and Cosmetics Act.Read More
While defending the Trump administration’s partial e-cigarette ban, the new U.S. Food and Drug Administration says he will take more actions to stop teen vaping if necessary.Read More
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