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News: Business

Category: Business Region: USA		CIGARETTE MACHINES DRAWING OBJECTIONS FROM STATE REGULATORS Source: Wilkes Barre Times-Leader Date: 17-Dec-2011 Author: Janice Podsada Using a roll-your-own cigarette machine is easy enough. The machine automatically fills each tube with tobacco and then ejects the finished cigarette into a collection bin, an eight-minute process that produces the equivalent of a carton of cigarettes —10 packs of 20. View Article

Category: Business Region: USA		ELECTRONIC CIGARETTE COMPANY RECEIVES CELEBRITY ENDORSEMENT Source: DigitalJournal.com Date: 14-Jul-2011 Trace Cyrus, former vocalist of the band Metro Station and brother to Miley Cyrus, announced his quest to "stop smoking" aided by electronic cigarettes from South Beach Smoke, a popular electronic cigarette company with connections to the Hollywood elite. Trace reportedly decided to make the switch from traditional cigarettes to electronic cigarettes for not only his health, but for the well-being of his girlfriend and popular actress from the Disney series "The Suite Life on Deck", Brenda Song. Electronic cigarettes do not produce second-hand smoke nor foul odors that bother and potentially harm most people including Song. View Article

Category: Business Region: USA		RISING CIG SALES PUSH PHILIP MORRIS INT'L NET UP Source: The Associated Press Date: 21-Apr-2011 Cigarette maker Philip Morris International Inc.'s net income grew nearly 13 percent in the first quarter because it sold more cigarettes at higher prices. View Article

Category: Business Region: International		INVESTORS TAKE A HUGE PUFF OF CIGARETTE COMPANIES;:STOCKS GAIN UPTO 9% POST-BUDGET Source: Economic Times Date: 15-Mar-2011 Author: Vijay Gurav & Shailesh Menon The market is betting big on cigarette companies after the finance minister proposed to leave the excise duty on tobacco unchanged, sparing the industry from a higher outgo. After the Budget, shares of industry leaders such as ITC, Godfrey Phillips and VST Industries have, in fact, outperformed the broader market, which has been on a roller coaster ride. View Article

Category: Business Region: USA		US JUDGE CONTINUES TO BAR NY INDIAN CIGARETTE TAX Source: BusinessWeek Date: 9-Sep-2010 Author: CAROLYN THOMPSON A federal judge Tuesday extended his order blocking the state from taxing two Indian nations' cigarette sales to non-Indian customers while legal challenges to the state's plans continued to mount. View Article

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