November 14, 2008

Smoking Rate Is Declining in U.S.

By: WebMD

The percentage of Americans who smoke cigarettes has fallen below 20% for the first time since at least the mid-1960s, according to a new report

November 6, 2008

Big business prepares for a less friendly Washington

By: Miami Herald

After years of playing offense, big business is getting ready for the less familiar role of playing defense following President-elect Barack Obama's victory and legislative gains by other Democrats.

Corporate America enjoyed...

October 6, 2008

Altria And UST Amend Acquisition Agreement

By: Datamonitor NewsWire

The amendment sets forth Altria's and UST's agreement to extend, at Altria's option, the closing date of the transaction to a date that is no later than early January 2009 in the event conditions for closing are met prior to the...

September 24, 2008

Philip Morris USA Sues To Overturn Controversial San Francisco Sales Ban On Tobacco Products

By: Business Wire

Philip Morris USA filed suit today in federal court to overturn a controversial San Francisco ordinance that would ban the sale of tobacco products in convenience drug stores. The lawsuit asks the court in the Northern District...

September 16, 2008

Philip Morris Confirms Its Offer For Rothmans Inc CAD $30.00 Per Share Is Best And Final Price

By: Market News Publishing

Copyright 2008 Market News Publishing, Inc.All Rights Reserved.

January 25, 2008

Institutional Investors Continue to Press Companies for an Advisory Vote on Executive Pay

By: Accountability- Central Newsroom

Shareholder resolutions filed with over 90 companies by Over 70 institutional and individual investors

April 24, 2007

Kraft Highlights Growth Strategy at Annual Meeting

Stockholders Elect Directors for Newly Independent Company

NORTHFIELD, Ill.--(BUSINESS WIRE)--Kraft Foods Inc. (NYSE:KFT), a global leader in food and beverages, today held its first Annual Stockholders Meeting as a fully...

February 20, 2007

U.S. Supreme Court Decision Vacates $79.5 Million Punitive Damages Award

By: Altria

NEW YORK - The U.S. Supreme Court today reversed and vacated a $79.5 million punitive damage award returned by a 1999 Oregon jury in a case known as Williams-Branch. The case will now return to the Oregon courts for proceedings...

January 31, 2007

Altria Group, Inc. to Spin-off Kraft Foods Inc.

By: Altria Group, Inc.

NEW YORK--Jan. 31, 2007--The Board of Directors of Altria Group, Inc. (NYSE: MO) today voted to authorize the spin-off of all shares of Kraft Foods Inc. (NYSE: KFT) owned by Altria to Altria's shareholders.

January 31, 2007

Kraft Foods Inc. Reports Mixed 2006 Results

By: Kraft Foods

Fourth quarter reported net revenues decreased 3.0% to $9.4 billion, impacted by one less week in 2006. Fourth quarter reported diluted EPS decreased 17.4% to $0.38; excluding items affecting comparability, diluted EPS decreased...