Topic: Philip Morris International Inc.

Fla. ex-smoker drops lawsuit against Philip Morris

Facing huge legal fees, Fla. ex-smoker drops lawsuit against Philip Morris during trialA former Florida smoker who faced big legal fees if he lost has dropped his lawsuit against tobacco giant Philip Morris USA. Jerome Cohen accepted a token $1,000 settlement Tuesday in Fort Lauderdale. Philip Morris says smokers ...
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Philip Morris International shares rise on report

Philip Morris International shares rise after Goldman Sachs adds it to "Conviction Buy" listPhilip Morris International Inc. shares rose Monday after Goldman Sachs put the cigarette maker on its "Conviction Buy" list. Analyst Judy Hong said the company's growth "is being significantly underappreciated by the market." Shares rose $1 ...
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Kaine heralds dawn of smoke-free Va. restaurants

In a term-ending victory lap, Gov. Kaine touts first day of smoke-free Va. restaurantsThe restaurant smoking ban that took effect Tuesday across Virginia is a healthy development — literally — in a state that has revered tobacco since Jamestown's settlers began raising it 400 years ago, Gov. Timothy M. Kaine said ...
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Philip Morris hit with record 300 million dollar fine

A Florida jury has ordered tobacco giant Philip Morris to pay almost 300 million dollars (200 million euros) in damages to a former smoker -- the largest fine ever in such a case, lawyers said. The jury ordered the company on Thursday to pay punitive damages of 244 million dollars and ...
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