Showing posts with label Marlboro. Show all posts
Showing posts with label Marlboro. Show all posts

Tuesday, February 18, 2014

Will Cigarettes Be Totally Banned?

Retailing of cigarettes is changing. CVS Caremark, the nation's second-largest pharmacy chain, announced last week it will stop selling tobacco products at its more than 7,600 drugstores. The company said it made the decision in a bid to focus more on providing health care, but medical and public health leaders predicted pressure will increase on companies like Walgreen Co. and Wal-Mart Stores Inc. to follow suit.

"I do think, in another few years, that pharmacies selling cigarettes will look as anachronistic" as old cigarette ads featuring physician endorsements look today, said CDC Director Dr. Tom Frieden.

These developments have made many in public health dream bigger. It's caused Myers' organization and others to recently tout the goal of bringing the adult smoking rate down to 10 percent by 2024, from the current 18 percent. That would mean dropping it at twice the speed it declined over the last 10 years.

The bigger goal is to reduce U.S. smoking-related deaths to fewer than 10,000, from the current level of 480,000. But even if smoking rates dropped to zero immediately, it would take decades to see that benefit, since smoking-triggered cancers can take decades to develop. But while some experts and advocates are swinging for the fences, others are more pessimistic. They say the key to reaching such goals is not simply more taxes and more local smoking bans, but action by the U.S. Food and Drug Administration to regulate smoking.

A 2009 federal law gave the FDA the authority to regulate tobacco products. The law barred FDA from outright blocking the sale of cigarettes, but the agency was free to take such pivotal steps as prohibiting the use of appealing menthol flavoring in cigarettes and requiring cigarette makers to ratchet down the amount of addictive nicotine in each smoke.

But nearly five years after gaining power over cigarettes, FDA has yet to even propose such regulations. Agency officials say they're working on it. Many believe FDA's delay is driven by defense preparations for an anticipated battery of legal and political challenges.

A spokesman for Altria Group Inc., the maker of Marlboro, said the company supports FDA exercising its regulatory authority over tobacco products. But as a whole, the industry has tended to fight regulation. Some of the nation's largest tobacco companies - though not Altria - sued to stop FDA-proposed graphic warning labels on cigarette packs. A federal court blocked the ads.

"The industry makes money as long as they can delay regulation," said Kenneth Warner, a University of Michigan public health professor who is a leading authority on smoking and health.

Warner and Michigan colleague David Mendez estimate that, barring any major new tobacco control victories, the adult smoking rate will drop from its current 18 percent only to about 12 percent by 2050. If health officials do make huge strides, the rate could drop as low as 6 percent, they think.

Monday, February 10, 2014

New Documentary About Surgeon General’s Report

In January US Department of Health and Human Services celebrated the 50th anniversary of release of first Surgeon General’s Report on Smoking and Health. In this regard they published a new report called “The Health Consequences of Smoking–50 Years of Progress”. However, a new documental film recently released says that efforts to reduce smoking have

Friday, December 27, 2013

Philip Morris International, Leading Maker of Cigarettes

Coca-Cola is a perfect model of a wonderful business. Altria Group and Philip Morris International are two tobacco companies that have so many important features with Coca-Cola that long-term investors ought to hold all three in the same regard Coca-Cola, Altria and Philip Morris International are leading companies in their respective markets. Coca-Cola has a

Tuesday, July 23, 2013

Now Cameron aide Lynton Crosby’s links to fracking industry are explored

David Cameron came under renewed pressure to sack his party’s elections adviser Lynton Crosby on Sunday night as environmental activists expressed concern about his links to the fracking industry.

Mr Crosby’s lobbying firm, Crosby Textor, represents the Australian Petroleum Production and Exploration Association, an oil and gas lobby group campaigning aggressively for fracking. The association’s chief operating officer, Stedman Ellis, has made headlines in recent months for his outspoken criticism of anti-fracking campaigners, telling one Australian paper: “The opportunity provided by shale gas is too important to be jeopardised by political scare campaigns run by activist groups.”

The association’s members include Dart, the company behind coal-bed methane extraction in Scotland, which holds a fracking licence. George Osborne announced tax breaks for the oil and gas industry just weeks after Mr Crosby’s appointment as a Conservative adviser was announced.

Labour will attempt tomorrow to exploit the Tories’ discomfort over their links to Lynton Crosby with a series of amendments to Coalition plans to bring in a statutory register of lobbyists.

The moves follow the disclosure that Mr Crosby’s company is employed by the tobacco giant Philip Morris, the manufacturer of Marlboro cigarettes. Questions have been asked about his role in the decision to shelve Government plans to require tobacco products to be sold in plain packaging.

Labour claimed yesterday that Mr Crosby chaired a meeting last year at which tobacco industry executives discussed how to block plans to force cigarettes to be sold in plain packets. The party alleged the session took place before Christmas, shortly before Mr Crosby was recruited to advise the Conservatives on election strategy.  Ed Miliband, the Labour leader, said yesterday: “This is beginning to stink as bad as an old ashtray.”

Thursday, May 2, 2013

Altria plans e-cig sales, Marlboro demand falls


Altria Group, the largest seller of tobacco in the U.S., plans to introduce an e-cigarette this year, chasing smaller rivals as demand for traditional smokes declines.
The e-cigarette will be sold in an undisclosed market starting in the second half of 2013, Richmond, Virginia-based Altria said today in a statement. The company declined to provide additional information until a conference call with analysts today, according to a story in Bloomburg News.
CEO Martin Barrington is trying to catch up to smaller rivals such as closely held NJOY and Lorillard Inc., which says its Blu e-cigs brand controls more than 40 percent of the U.S. market. Reynolds American Inc. said this week it plans to expand its Vuse e-cigarette this year.
First-quarter cigarette shipments fell at Altria, Winston-Salem, North Carolina-based Reynolds and Greensboro, North Carolina-based Lorillard. Altria’s U.S. volume tumbled 5.2 percent, with top-selling and most popular cigarettes, known as Marlboro, slipping 5.5 percent.
Lorillard CEO Murray Kessler told analysts yesterday the company estimates that e-cigarette sales displaced consumption of about 600 million cigarettes in the first quarter. That translates to an annual rate of about 2.4 billion cigarettes, accounting for about 1 percent of the U.S. market, according to Kenneth Shea, a Bloomberg Industries analyst in Skillman, New Jersey.

Monday, January 14, 2013

Philip Morris not to raise cigarette prices

On January, 4 tobacco company Philip Morris Fortune Tobacco Corp. (PMFTC) required its distributors and sellers to market its tobacco products at pre-sin tax recommended retail prices, stating it has not yet increased the prices of its cigarettes. Cigarette brands, manufactured by PMFTC, are among the most famous among smoking people, including Marlboro. Cigarette sellers

Monday, October 29, 2012

Philip Morris: Declining Cigarette Volumes Don’t Threaten Cash Flows to Shareholders

Philip Morris revealed third quarter earnings, excluding excise taxes, of $7.9 billion, which are down 5.3 percent on the year. Excluding unfavorable currency effects and effect from purchases, profits increased 3.4 percent on the year. Cigarette volumes dropped 1.3 percent on the year, resulting from weakness in Europe. On average, analysts predicted the company to