Policing tobacco sales worth the effort
U.S. health officials say they are concerned about candy-like smokeless tobacco products that are brightly packaged and flavored and, they fear, enticing to youngsters.
February 8, 2010
An Interesting Options Approach To Accumulating Shares of Philip Morris Int’l
Kevin Duffey writes: As the market seems to be in correction mode in recent weeks, I’m starting to become more focused on some positions that I want to accumulate. One of these has been Philip Morris Int’l (PM).
For a potential play, you can now sell a January 2011 put with a $40 strike price for $3.20 premium (as of this writing). Note that you can collect $320 on essentially $4000 in cash (for every put contract) which is an 8% return. It’s actually slightly higher since the time to hold the option is less than a year.
February 8, 2010
N.C. examining cig stamps again to deter smuggling
RALEIGH, N.C. — For years, buying low-tax North Carolina cigarettes and selling them on the black market in a high-tax state up north has been an easy way to make big money for criminal enterprises.
February 8, 2010
Let locals decide on tobacco taxes
Lawmakers should allow Oregon cities and counties to raise taxes on cigarettes
February 8, 2010
City considers tobacco ban
The Roanoke City Council will consider a no smoking, dipping or chewing ordinance on all city owned property at the Feb. 8 council meeting.
February 8, 2010
Senate panel considers bill to tax cigarettes
An Oregon Senate committee tomorrow will hear public testimony on a bill that would give local governments authority to tax tobacco and cigarettes.
February 5, 2010
Deborah P. Brown, American Lung Association — It’s time for Pennsylvania to tax cigars
Pennsylvanians got a raw deal last week when Cigars International showed off its new $10 million distribution center in Bethlehem.
February 5, 2010
FDA Worried About ‘Candy-Like’ Tobacco Products
More information is being demanded by the U.S. Food and Drug Administration about tobacco related products that come in a variety of flavors that children may mistake for candy.
February 5, 2010
Tobacco alternatives under fire in newly introduced bill
FARMINGTON — Rep. Paul Ray, R-Clearfield, is a bulldog when it comes to cracking down on tobacco or for that matter, any nicotine-laced product.
February 5, 2010
Menthol March.Camel menthol cigarettes with additional flavor capsule to officially launch March 1
WINSTON-SALEM, N.C. — Customers may already have noticed the change—although it has been subtle thus far. But they will starting March 1. That’s the official launch date of the latest line extension from R.J. Reynolds Tobacco Co.’s Camel brand: menthol cigarettes containing a menthol burst capsule that enhances menthol flavor when squeezed.
February 5, 2010
Cuba hosts 12th Habano Cigar festival
The 12th Habano Festival in Feb 22-26 is one of the most important meetings regarding the marketing of premium-type cigars taking into account the high quality of Cuban cigars.
February 4, 2010
Cigar Store Owners Oppose Mass.Governor’s Proposal to Increase Tobacco Taxes
Boston, Massachusetts February 1, 2010 – Massachusetts Governor Deval Patrick submitted a $28.2 billion state budget for fiscal 2011 last week. To partially offset the three percent increase over 2010, Patrick’s budget proposal calls for raising the current 30 percent excise tax on cigars and smoking tobacco to 110 percent and 120 percent, respectively. The International Premium Cigar & Pipe Retailers Association respectfully disagrees with this strategy.
February 4, 2010
