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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
Moody's affirms four major tobacco cos L-term debt


Moody's Investors Service confirmed the ratings of four major tobacco companies competing in the U.S. market, following the recent decision of the Third District Court of Appeals of Florida in the Engle case.

Moody's also confirmed the stable outlooks of these companies. The confirmations and stable rating outlooks reflect Moody's view that while the current phase of the Engle trial could result in the determination of a potentially considerable award, the tobacco companies will be able to appeal the decision to higher courts. Moody's also noted that the possibility that tobacco companies would have to post a bond for any large punitive award while pursuing these appeals is remote. At the end of Phase I of the Florida Engle case, a jury found that the tobacco industry had been intentionally deceitful about the dangerous effects of smoking. The jury's findings were not subject to appeal because no damages were awarded. According to the trial plan defined by the judge presiding over the proceedings, in Phase II - which is slated to start on November 1, 1999 - the same jury will be looking at whether compensation should be paid for individual members of the class of Florida smokers.

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