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Topic: Philip Morris Cos


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In the News (Tue 14 Feb 12)

  
  Philip Morris open to tobacco regulation   (Site not responding. Last check: 2007-10-26)
NEW YORK (AP) - A Philip Morris Cos.
Messages left for Philip Morris officials were not returned.
Philip Morris has acknowledged that smoking causes cancer and other deadly diseases and is trying to improve its public image with a $100 million campaign to publicize how it has helped disaster victims, the hungry and abused women.
www.usatoday.com /news/smoke/smoke299.htm   (324 words)

  
  Altria Group - Wikipedia, the free encyclopedia
Philip Morris was begun by a London tobacconist of the same name.
Though Altria's headquarters are still in New York, in 2004 its Philip Morris USA division completed a move of its 682 New York based employees to Richmond, Virginia to consolidate operations and achieve cost savings for shareholders.
Philip Morris bought Kraft Foods on October 30, 1988 for US$13.1 billion, in a bid to diversify from the declining tobacco business and to reduce litigation risk.
en.wikipedia.org /wiki/Altria_Group   (1119 words)

  
 Law.com: Jousting With Philip Morris
The struggle over release of the documents began in March when Farmer filed a motion asking Philip Morris to produce all documents that it turned over in a similar case in Illinois, regardless of how they are classified.
Philip Morris objected, saying the plaintiffs' request sought disclosure of documents protected from discovery by the attorney-client privilege, the work-product doctrine and other privileges.
Philip Morris' lawyers waived their right to claim that the documents are privileged by not producing a privilege log, as required by the Florida Rules of Civil Procedure, Farmer argued in court.
www.law.com /jsp/law/LawArticleFriendly.jsp?id=1024078856620   (754 words)

  
 JS Online: Philip Morris Challenges Jury Award   (Site not responding. Last check: 2007-10-26)
Philip Morris attorneys said that a $26.5 million award to a longtime smoker with lung cancer should be reduced or nullified because the law only allows lawsuits for damages incurred after the 1997 law went into effect.
Lawyers for the woman said that, even if Philip Morris' argument is correct, Henley may be entitled to damages from injuries suffered from the time she began smoking as a teen-ager until the 1987 law went into effect.
Philip Morris had argued that it was not responsible for Henley's decision to smoke and never claimed cigarettes were safe.
www.jsonline.com /bym/news/ap/aug01/ap-tobacco-trial082201.asp?format=print   (411 words)

  
 Philip Morris raises $8.7B   (Site not responding. Last check: 2007-10-26)
Philip Morris, which also owns the biggest tobacco company and the top-selling cigarette brand Marlboro, is selling 280 million Class A shares of Kraft stock.
Philip Morris has been planning the Kraft offering since last summer when it announced it was buying cookie and cracker maker Nabisco for what eventually amounted to $15.2 billion.
"Philip Morris is trying to have it both ways — using Kraft Foods to buy goodwill for its tobacco business while spinning the IPO to investors as a way to get a tobacco-free taste of Kraft," said Kathryn Mulvey, Infact's executive director.
www.bouldernews.com /business/13bphil.html   (503 words)

  
 LA Jury Orders Philip Morris To Pay $28 Billion
Philip Morris said it would appeal the massive judgement, calling it "inconsistent with the evidence and applicable law."
Philip Morris shares fell sharply, closing down over 7 percent to their lowest level since December 2000 and pulling other tobacco stocks and the Dow Jones industrial average lower.
Philip Morris attorneys said the size of the punitive damage award opened it to a constitutional challenge.
www.rense.com /general30/ka.htm   (925 words)

  
 PHILIP MORRIS DEAL HASN'T MUCH SUPPORT
Philip Morris's proposed deal to avoid regulation of the cigarette industry by making a few carefully hedged concessions doesn't seem to have much support yet, but one should never underestimate the tobacco industry.
Philip Morris is acting amid the biggest legal and regulatory attack ever on the cigarette industry.
Although the Philip Morris plan would allow the FDA's parent agency, the Health and Human Services department, to oversee the industry in conjunction with the FTC and the Justice Department, an administration official said the tobacco giant's plan didn't appear to give these agencies much authority.
ash.org /nosupport.html   (947 words)

  
 Philip Morris regrets study - Jul. 26, 2001
The Czech Republic unit of Philip Morris distributed an economic analysis last month that concluded cigarettes are not a drain on the country's budget, in part because the Czech government saves money on health care, pensions and housing when smokers die prematurely.
In her letter, she said Philip Morris apparently has not learned its lesson after fighting a losing battle in the U.S. "By including a cost-benefit analysis of human lives in its calculations, Philip Morris has stepped well past the lines of decency," Feinstein wrote.
Philip Morris has spent $100 million annually for positive advertising, donations and shelters for battered women to persuade the public it has changed its ways.
money.cnn.com /2001/07/26/news/philipmorris   (347 words)

  
 Strategy of Philip Morris Cos.
The Philip Morris family of companies is the world's largest producer and marketer of consumer packaged goods -- with a portfolio of 87 power brands - each with $100 million or more in operating revenues.
Turning first to Philip Morris International - PMI has built a global presence in tobacco over the past four decades and we continue to view the international arena as a major source of future growth for the corporation.
Although Philip Morris U.S.A.'s retail shares are showing sequential improvement, industry volume is softer than originally anticipated, due primarily to a greater influx of both cheap imported cigarettes and counterfeit cigarettes.
www.crosswalk.com /1182841   (5120 words)

  
 CorpWatch : USA: Jury Orders Philip Morris to Pay Record $3 Billion   (Site not responding. Last check: 2007-10-26)
Philip Morris had conceded in the Boeken case that cigarettes were addictive, but said warnings on cigarette packages made it clear they cause cancer.
Michael York, a Washington lawyer for Philip Morris, said the company plans to file one or more post-trial motions in the next two weeks, seeking to have the whole verdict set aside, have the punitive part of the verdict set aside or have it severely reduced.
Philip Morris has two weeks to file post-trial motions and the judge then has 60 days to render his decision.
www.corpwatch.org /article.php?id=91   (1288 words)

  
 Augusta Georgia: technology@ugusta: Phillip Morris Cos. Inc. to improve image 10/14/99
A scene from one of the new Philip Morris Cos.
By acknowledging publicly that tobacco isn't safe, Philip Morris appears to be trying to protect itself against future claims by smokers who would argue they weren't adequately warned of smoking's dangers.
Philip Morris contributes about $60 million a year to causes like feeding the hungry and caring for abused women.
chronicle.augusta.com /stories/101499/tec_morris.shtml   (284 words)

  
 Philip Morris: Inside America's Most Reviled Company
Although widely despised, Philip Morris is one of the world's most generous corporations, annually contributing $60 million in cash and $15 million in food to fight hunger and domestic violence and to support the arts.
It was as if Philip Morris, one of the world's largest and most powerful corporations, with sales of $74.3 billion last year, had all but disappeared.
Bible acknowledges that Philip Morris faces an uphill battle to regain the confidence of the public, a goal he hopes to achieve through the company's newly launched public relations campaign.
www.businessweek.com /1999/99_48/b3657003.htm   (5212 words)

  
 Philip Morris sues over Internet cigarette sales   (Site not responding. Last check: 2007-10-26)
Philip Morris said it expects to file additional lawsuits against other parties engaged in what the company alleges is the illegal sale and promotion of its brands on the Internet.
Philip Morris claims its trademarks were "wrongfully used in Internet addresses, company names and promotional materials in violation of federal and state laws." The company said the sites had also broken various statutes about cigarette taxation and importation.
Philip Morris also said the vendors do not have "appropriate mechanisms" to verify the age of purchasers and could therefore harm efforts by public health groups, the government, and even the company itself, to prevent underage smoking.
www.freerepublic.com /focus/news/755704/posts   (2635 words)

  
 Philip Morris Cos. draft report
Philip Morris USA is a producer of American blend cigarettes.
Philip Morris has chosen to pursue a nicotine delivery device that, like RJR's Premier, continues the cigarette tradition of sucking on a cylindrical mouthpiece to inhale flavorings and nicotine form a tobacco based product.
They offer working models for Philip Morris to refer to as we seek to move from the traditional corporate approach of the industrial age to the new wave partnership of the twenty-first century.
www.paulbegley.com /pmreport.htm   (2493 words)

  
 CNN.com - Study for Philip Morris found smokers' early deaths helped Czech finances - Jul. 16, 2001
But Philip Morris pointed out the report was nothing more than an economic impact study, focusing only on data from 1999, commissioned in response to criticisms that smoking-related health-care costs were hurting the Czech economy.
An Arthur D. Little representative said Philip Morris had commissioned similar studies in Canada and the Netherlands, and those studies are mentioned in the report.
Shares of Philip Morris (MO: up $0.78 to $44.68, Research, Estimates), which makes about 80 percent of the cigarettes smoked in the Czech Republic, closed lower Monday.
edition.cnn.com /2001/BUSINESS/07/16/czech.morris/index.html   (657 words)

  
 CNN.com - Philip Morris to pay $3B - Jun. 6, 2001
Bill Ohlemeyer, associate general counsel for Philip Morris, said for the jury to reach a verdict like this on the evidence they heard is outrageous.
Boeken's lawyers argued that his client was a victim of a decades-long tobacco industry campaign to promote smoking, and Philip Morris has concealed the serious dangers of smoking.
Shares of Philip Morris (MO: Research, Estimates) shares fell $1.75 to $48.25 after hours.
edition.cnn.com /2001/BUSINESS/06/06/philip.morris   (367 words)

  
 Strategy of Philip Morris Cos. -- 01/28/2003
The Philip Morris family of companies is the world's largest producer and marketer of consumer packaged goods -- with a portfolio of 87 power brands - each with $100 million or more in operating revenues.
In fact, all the members of the Philip Morris family of companies are fantastic businesses with great brands, the best people in the industry and effective strategies for continued growth.
Although Philip Morris U.S.A.'s retail shares are showing sequential improvement, industry volume is softer than originally anticipated, due primarily to a greater influx of both cheap imported cigarettes and counterfeit cigarettes.
www.cnsnews.com /ViewNation.asp?Page=\Nation\archive\200301\NAT20030128a.html   (5108 words)

  
 Philip Morris - Tobacco Isn't Safe   (Site not responding. Last check: 2007-10-26)
The declarations by Philip Morris follow years in which it fiercely argued with government and medical authorities over the risks of smoking.
Philip Morris posted its comments on smoking's risks as it launched a $100 million advertising campaign to remake the company's image, which has taken a beating as smokers, unions and the government have sued the tobacco makers for compensation for the health consequences of smoking.
Kessler said the most important of Philip Morris' disclosures is its acknowledgment that cigarette smoking is addictive.
www.mapinc.org /drugnews/v99/n1117/a05.html   (509 words)

  
 Philip Morris Found Liable in Calif. Smoker's Case
His lawsuit claimed that Philip Morris failed to warn him of the health risks associated with smoking.
The company is hopeful the verdict will be overturned on appeal, where Philip Morris will focus on instructions given by the judge to the jury and whether jurors were allowed to hear all the evidence in the case.
Philip Morris claimed that Boeken was aware of the health warnings on cigarette packs, but ignored them.
www.jointogether.org /news/headlines/inthenews/2001/philip-morris-found-liable-in.html   (289 words)

  
 Tobacco Index 5/01-4/02
Philip Morris U.S.A. Coker, Rocky L. et al.
Philip Morris Inc., et al., No. Not Yet Assigned, D. Iss.
Philip Morris USA, et al., No. CV-02-599, E.D. Iss.
www.mealeys.com /Tob402.html   (3252 words)

  
 Philip Morris Smoke Defectors - CBS News
Critics immediately charged that the new ads and admissions were only part of a company ploy to play down its role as a cigarette maker while trying to convince juries in the lawsuits against them that the company's now come clean about the dangers of smoking.
And industry observers say Philip Morris may also be trying to dilute the impact of a soon-to-be-released Hollywood movie starring Al Pacino as a whistle-blowing tobacco industry executive.
Philip Morris can't win in the movies and its record in the courtroom hasn't been ll that great, admitted one industry executive.
www.cbsnews.com /stories/1999/10/13/national/main66219.shtml   (630 words)

  
 Business: Philip Morris acquires Nabisco
The nation's largest cigarette maker, Philip Morris Cos., Sunday agreed to acquire Nabisco Holdings Corp. for $18.9-billion and plans to combine it with its Kraft Foods to create a huge and profitable food company to help offset its tobacco liabilities.
Based on 1999 financial figures, the combined Philip Morris and Nabisco companies would have had revenue of $86.6-billion and operating income of $16.3-billion.
In announcing the combination of Nabisco and Kraft Sunday, Bible said Philip Morris will sell up to 19.99 percent of the new company in a public stock offering, using the proceeds to help pay down the debt incurred in the acquisition.
sptimes.com /News/062600/news_pf/Business/Philip_Morris_acquire.shtml   (783 words)

  
 FindLaw Business Contracts : By Industry : Food and Beverages : Diversified Foods : Kraft Foods Inc., Philip Morris ...
Long-Term Disability Benefit Equalization Plan - Philip Morris Cos.
Supplemental Management Employees' Retirement Plan - Philip Morris Cos.
Survivor Income Benefit Equalization Plan - Philip Morris Cos.
contracts.corporate.findlaw.com /industries/food/diversified.html   (404 words)

  
 Philip Morris Accused of Leading Customers To Believe "Light" Brands Were Healthier
Plaintiffs' lawyers argue that Philip Morris should pay billions of dollars to Illinois smokers, saying the company tried to persuade customers that cigarettes branded "light" contain lower doses of tar and nicotine.
Philip Morris denies the allegations and its lawyers were scheduled to deliver their opening statement Wednesday.
Philip Morris spokesman Michael York said the company will set out to prove that it never claimed brands labeled "light" were any better for smokers than regular brands.
www.yourlawyer.com /articles/read/4395   (747 words)

  
 Philip Morris to sell Miller   (Site not responding. Last check: 2007-10-26)
Manhattan-based Philip Morris will keep a 36% stake in the brewing company, which will be called SABMiller Plc and be based in London.
Miller's $4.2 billion in sales last year was less than 5% of Philip Morris' total sales of $89.9 billion.
Philip Morris' stock hit a new 52-week high in trading Thursday, reaching $56.98.
www.newyorkbusiness.com /news.cms?id=3301   (124 words)

  
 morris philip tobacco information sources   (Site not responding. Last check: 2007-10-26)
Philip Morris website) Tobacco is not only harmful to the user, but second hand smoke has been shown to have adverse affects as well, especially on children living in a house where one or more parent...
Some might think it is commendable of tobacco giant Philip Morris for supporting the placement of a sign on the counter to help store clerks stop selling cigarettes to kids.
EXPLANATION Philip Morris were fighting a battle to limit the impact of a number of epidemiological studies which had implicated ETS (Environmental Tobacco Smoke - passive smoking) in slightly...
www.jewelrydiamondgift.com /tobacco/morrisphiliptobacco   (1084 words)

  
 Altria settles name dispute with Philip Morris - Birmingham Business Journal:
Altria has been in discussions with Philip Morris (http://www.philipmorris.com) since the tobacco giant made the intended name change public last November.
The world's largest tobacco firm, Philip Morris said it proposed the new name to differentiate itself from its similarly named subsidiaries and to help improve its image as a company that offers more than tobacco and alcohol products.
Philip Morris shareholders are scheduled to vote on the name change this Thursday.
www.bizjournals.com /birmingham/stories/2002/04/22/daily5.html   (648 words)

  
 tobacco : tobacco jar
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tobacco.altavisaa.com /tobacco-jar.htm   (3864 words)

  
 Suit Accuses Philip Morris of Deception
Now 52, Price is among the plaintiffs in a class-action lawsuit accusing Philip Morris Cos., maker of Marlboro Lights and Cambridge Lights cigarettes, of wrongly leading customers to believe the "light" brands are less harmful than regular cigarettes.
The plaintiffs' lawyers argue that Philip Morris should pay billions of dollars because it tried to persuade customers that cigarettes branded "light" contain lower doses of tar and nicotine.
Philip Morris attorney George Lombardi said in his opening argument Wednesday that smokers don't generally believe the term "light" means less harmful.
www.yourlawyer.com /articles/read/4434   (695 words)

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