Lorillard
For decades, the government has been warning consumers about the dangers of tobacco. That campaign will soon undergo a serious escalation, with the introduction of large, graphic antismoking messages on cigarette packs. The industry is fighting back, and may have the constitution on its side. But will it ultimately matter?
10 Highest Dividend Stocks of the S&P
7:00AM 4/29/2011
Investing, AT&T, Altria Group, Lorillard, Stock Picks, Investing Basics, Market News
The S&P 500 is one of the most followed stock market index in the world. Mutual fund managers benchmark their returns against it, yet somehow the vast majority underperform the index every year. Many dividend investors choose to ignore the index, and instead focus on its components.
Tobacco Industry Dodges a $280 Billion Bullet
3:40PM 6/28/2010
The Supreme Court will not weigh in on seven tobacco industry appeals. But by passing on the cases, the justices gave a big boost to the tobacco industry, which is safe from the threat of having to pay the government $280 billion.
Two-Thirds of Voters Favor a $1 Tax Hike on a Pack of Cigarettes
7:00PM 2/10/2010
A new nationwide poll finds that two-thirds of U.S. voters support a $1 increase in tobacco taxes per pack. The tax could raise more than $9.1 billion in new annual revenue for states, says the report released by a coalition of public health organizations claims.
Tobacco industry sues to protect its First Amendment rights
2:00PM 9/01/2009
Back in June, President Obama signed a law requiring cigarette manufacturers to display health warnings on the top half of cartons, and to cover the top half of the fronts and backs of packages with "color graphics depicting the negative health consequences of smoking." Big Tobacco was not amused....
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