RECENT NEWS
The Economic Times  Jul 22  Comment 
Officials have previously said tobacco advertising using brand names or promotional slogans is illegal under the country's Cigarettes and Other Tobacco Products Act and its accompanying rules.
Financial Times  Jul 20  Comment 
A fall in cigarettes is being offset with a switch to ‘heat not burn’ sticks
The Hindu Business Line  Jul 18  Comment 
The ITC stock has dropped about 12 per cent in trading today, following the government’s move to hike cess on cigarettes under the GST regime. With the earlier GST rates making cigarettes cheaper, th...
The Hindu Business Line  Jul 18  Comment 
India's biggest cigarette maker ITC Ltd fell as much as 15 per cent to its lowest since May 15. Godfrey Phillips India Ltd too fell as much as 10.4 per cent to its lowest since April 19. On Monday...
The Economic Times  Jul 17  Comment 
The ITC stock surged to a record high two weeks ago after the announcement that overall GST rates were reducing the overall tax incidence on cigarettes.
Reuters  Jul 17  Comment 
India has raised the total tax on cigarettes resulting in an increase of as much as 792 rupees ($12.31) for every 1,000 cigarettes, adding about 50 billion rupees ($777 million) in revenues for the government, finance minister Arun Jaitley said.
The Economic Times  Jul 17  Comment 
While reduction in tax incidence on items of mass consumption would be welcome, it would be unacceptable in case of demerit goods like cigarettes said Arun Jaitley.
Wall Street Journal  Jul 12  Comment 
So-called heat-not-burn cigarettes have finally come of age. But it may pay to bet on the challenger, not the leader.
The Hindu Business Line  Jul 9  Comment 
The ITC stock moved up by about 6 per cent on last Monday. The trigger was the reduction in tax incidence for cigarettes under GST, which was implemented from July 1. Under GST, cigarettes attract a ...
The Times of India  Jul 3  Comment 
This development came after the Central Board of Excise and Customs (CBEC), over the weekend, removed excise and additional excise duty on cigarettes. This tweak in the taxation system gave a fillip to the ITC stocks as it hit a 52-week high of Rs...




 

Litigation in the U.S. has had a major impact on these companies. In addition to costing them billions of dollars directly, the negative publicity has not helped them to grow their customer base.

Upstream

Schweitzer-Mauduit International (SWM) : tobacco paper

Downstream

CVS Caremark Corporation (CVS)

Wal-Mart (WMT)

Walgreen Company (WAG)

Rite Aid (RAD)

Exxon Mobil (XOM) : gas station convenience stores

Seven & I Holdings (TYO:3382) : 7-Eleven stores

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki