RECENT NEWS
SeekingAlpha  Mar 7  Comment 
ByRy The Kid: Philip Morris International (PM) has been selling tobacco products since the end of the 19th century, and will continue to sell them long after this article is published. However, there are a few things that can bring an untimely end...
BusinessWeek  Oct 13  Comment 
Republican presidential candidate Herman Cain, who has pledged to throw out the U.S. tax code, now says he would keep excise taxes on goods such as gasoline, beer and cigarettes.
Wall Street Journal  Aug 8  Comment 
Airline travelers are finally catching a break. Even though the government is taxing tickets again, the total cost to consumers is staying about the same.
MarketWatch  Apr 21  Comment 
Philip Morris International Inc. said Thursday that its first-quarter net profit rose 13% as it also lifted its earnings guidance for the year. The group reported a profit of $1.92 billion, or $1.06 a share, compared to $1.7 billion, or 90 cents...
Forbes  Jul 22  Comment 
Selling cigarettes may not be much of a growth industry but the income is great.
MarketWatch  Feb 8  Comment 
Lorillard Inc. said Monday its fourth-quarter net income fell to $242 million, or $1.52 a share, from $258 million, or $1.53 a share, in the year-ago period. The impact of the reduction in the average number of shares outstanding increased...
Bloomberg  Jan 8  Comment 
(Update1) U.S. House lawmakers may agree to pay for the nation’s health-care overhaul by adopting versions of Senate proposals to raise Medicare payroll taxes and tax health benefits for the first time, Democratic aides said.
Marketwire  Dec 10  Comment 
ST. LOUIS, MO -- (Marketwire) -- 12/10/09 -- Across the country, state and local government officials seeking new or increased revenue streams keep proposing car rental excise taxes. Earlier this year, Colorado lawmakers endorsed a $2-per-day tax to




 
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