Philip Morris

Smoking is Not Hard to Quit, Says CEO of Philip Morris

Smoking is Not Hard to Quit, Says CEO of Philip Morris

Philip Morris International Inc. CEO, Louis C. Camilleri, told a cancer nurse on Wednesday that quitting is not hard for smokers. He spoke to her during an annual shareholder meeting in New York.

Food and Drug Administration Denies Request of Removal of Panelists

Food and Drug Administration Denies Request of Removal of Panelists

The Cigarette giant Philip Morris claims that the FDA has eliminated the possibility of removing its four panel members. The intentions of removing the four panel members came after a series of crashed conflicts. The four members also had been nominated as they also had financial conflicts. They also had served as paid expert witnesses for plaintiffs in litigation.

Philip Morris Intl. Posts Higher Earnings, Beating Analysts’ Expectations

Philip Morris Intl. Posts Higher Earnings, Beating Analysts’ Expectations

Philip Morris International Inc., the world's biggest publicly traded tobacco manufacturer, reported fourth-quarter profit that jumped, exceeding analysts' estimation and revealed it will repurchase $12 billion of its shares over three years.

8 Million Compensation Awarded to Lifelong Smokers Widow

Tobacco giant Philip Morris has been ordered by a U. S. to pay $ 8 million in damages to the widow of a lifelong smoker who died of lung cancer.

Six jurors deliberated over the case for two days before returning with the sizable compensation amount for Elaine Hess, 63, whose husband Stuart Hess died due to lung cancer in 1997 at age 55 as a result of 40 years of smoking.

Jury Rules against Tobacco Company in Longtime Smokers Death

In a setback for tobacco giant Phillip Morris, a Florida jury ruled on Thursday that a longtime chain smokers death from lung cancer was caused by his addiction to cigarettes. This could open the door for thousands of similar Florida lawsuits.

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