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CIGoutlet Tobacco News
American cigarette manufacturers have filed a lawsuit against the FDA.
The largest US tobacco companies filed a lawsuit in the US District Court for the District of Columbia against the Federal Office of the Food and Drug Administration (FDA).
read more ...05/04/15
Interesting facts about cigarettes, countries - tobacco leaders.
Every minute in the world are sold about 8-10 million cigarettes and daily 13-15 billion cigarettes.
read more ...04/01/15
Anti-smoking campaigns run to extremes.
It is strange to what can bring the foolishness of anti-smoking crusaders in their attempts to impose all the rules of a healthy lifestyle, even if they lead to a violation of all norms, artistic freedom and civil society.
read more ...03/03/15
BAT shares dip amid U.S. lawsuit nerves


LONDON, Nov 2 (Reuters) - British American Tobacco (BAT) fell on Tuesday, tracking overnight losses in U.S. cigarette makers, as the penalty phase of a landmark Florida multi-billion dollar lawsuit against the industry started in Miami, dealers said.

By 1152 GMT, BAT dipped 8-1/2p or 2.15 percent to 386p. Imperial Tobacco and Gallaher, which neither make nor sell cigarettes in the United States, gained 0.9 percent and 0.5 percent respectively. In New York, the two biggest U.S. cigarette makers, Philip Morris and R.J. Reynolds Tobacco, dropped between five and six percent. Morris shed $1-1/2 to $23-11/16, while R.J. Reynolds slipped $1 to $20-11/16. The ADRs of BAT, whose U.S. subsidiary Brown & Williamson is the third largest tobacco firm in the U.S., dropped $9/16 to $13/17. ``Clearly this lawsuit is the overriding factor determining BAT share price at the moment,'' said WestLB Panmure analyst Charles Pick. Investors' anxiety intensified two weeks ago when an appeals court ruling refused to shelter the tobacco industry from punitive damages in the class action suit, raising the prospect of another big payout by cigarette makers over smoking-related illnesses. BAT shares tumbled 20 percent in two days in repsonse to the ruling, sinking to a 12-month low of 375 pence. BAT has said it is confident the class action could be foiled. The company pinned its hopes in part on a previous ruling by a Florida court, which limited damages for victims of smoking-related illnesses to awards on an individual basis, rather than en masse.

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