British American Tobacco said it would take a hit of around $31.5 billion as it writes down the value of some US cigarette brands, acknowledging on Wednesday that its traditional market has no ...
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In comparison, Philip Morris International's volume decline was negative by just 0.4% in the first quarter of 2024, and volume actually increased by 0.4% in the second quarter. That's basically flat ...
Altria said it would buy e-cigarette startup NJOY for $2.75 billion. The deal comes after the company shed its stake in e-cigarette maker Juul Labs. Altria also makes Marboro cigarettes. In this ...
Feb 14 (Reuters) - A Missouri-based maker of menthol-flavored e-cigarette liquids on Wednesday urged a federal appeals court to revive its application with the U.S. Food and Drug Administration to ...
E-Cigarette Maker Juul's Financial Rescue Marred by Allegations Against Key Directors' Self-Interest
Two longstanding figures on Juul Labs Inc.'s board, Nick Pritzker and Riaz Valani, played pivotal roles in bailing out the troubled e-cigarette maker, ensuring the preservation of their equity ...
(Reuters) -Imperial Brands announced an additional 1.45 billion pound ($1.95 billion) share buyback plan on Tuesday and said it was on track to meet its annual targets on the back of strong pricing ...
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Electronic cigarette vending machines fail to detect forged IDs
It has been confirmed that electronic cigarette vending machines fail to detect forged identification documents. This means ...
April 30 (Reuters) - Altria beat Wall Street expectations for first-quarter profit and revenue on Thursday, as the Marlboro-maker slowed market share losses and pushed further into discount ...
Dec 6 (Reuters) - E-cigarette maker Juul Labs on Tuesday said it has reached settlements with about 10,000 plaintiffs covering more than 5,000 cases in California. Juul did not disclose the settlement ...
Victory for company could add to circuit split over FDA denials Agency has said companies must show flavored products' benefit for adult smokers Feb 14 (Reuters) - A Missouri-based maker of ...
US e-cigarette manufacturer Juul Labs said on Tuesday it had reached a settlement with about 10,000 plaintiffs in California after the company was accused of marketing its products to teenagers. The ...
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