European Cigarettes and Tobacco becomes more and more popular

Western European cigarettes are highly searched in Europe and on the American continent. Cigarettes of this origin have a great success and demand in America too because were well marketed through all types of mass media. Prices of European Cigarettes European made cigarettes can be expensive to a degree, but not as expensive as American made cigarettes. It is due to the fact that European made cigarettes are looked...

Tobacco giants reap monster profits

The biggest of the three, Philip Morris (Australia) increased its profits last calendar year to $376.7 million, up more than $65 million on the previous year. Its revenue was more than $908 million. It spent just $51.4 million on raw materials. Imperial Tobacco Australia made $34.2 million, up more than $5 million in the year to the end of September. Both results outpaced the performance of the Australian share...

Lorillard + Blu = Good for Business?

Last week, along with its 2012 first quarter results, Lorillard made the announcement that it would be the first of the big three tobacco manufacturers to enter the e-cigarette game with by purchasing Charlotte, N.C-based blu ecigs. It’s notable that this move marks not only Lorillard‘s first venture into the world of e-cigarettes–but its first venture into any form of alternative tobacco. In an...

Cigarette Companies That Are Best Positioned Against Their Peers

The most popular tobacco stock amongst the hedge funds is Philip Morris International (PM). There were 39 hedge funds with this stock in their 13F portfolios at the end of last year. In total, they invested $2.4 billion in this $150 billion market cap stock. Tom Russo, whose Gardner Russo & Gardner had nearly $650 million invested in the stock at the end of 2011, was the most bullish of these money managers. Jim...

Lucky Strike maker supports sin tax bill

British American Tobacco, maker of Lucky Strike cigarettes, said the Department of Finance-proposed two-tier system on tobacco is the best compromise between stakeholders and the government. BAT Philipppines general manager James Lafferty welcomed the House ways and means committee’s approval of House Bill 5727, which seeks to reform the excise tax on “sin” products such as tobacco and liquor. Even...