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Freitag, 06. Januar 2012

Philip Morris’ Twin Strategies Keep It Smokin’ Hot

Von buycigarettes, 13:43
Buy marlboro cigarettes here: http://www.shop-smoke.com/cigarettes/marlboro/index.html . Cheap price and worldwide shipping. As the regulatory environment becomes more stringent in the West, Philip Morris International (NYSE:PM) is aiming to diversify its strategy based on the region it operates in. In advanced economies, tobacco companies have accepted the fact that cigarette consumption will decrease and are left with no option but to raise the prices periodically to make up for the declining volumes. In addition, the tobacco companies are pushing for smokeless tobacco products which are generally perceived to be less harmful than cigarettes. On the other hand, lax regulations and rising disposable incomes in developing and emerging economies present a tremendous opportunity for the company to increase the cigarette volumes by predatory pricing, or cutting prices to grab market share. Philip Morris International competes with British America Tobacco (AMEX:BTI) and Imperial Tobacco Group (LSE:IMT) in its various geographical segments.

Montag, 19. Dezember 2011

Spain Busts Fake Cigarette Racket

Von buycigarettes, 12:17
The Spanish government has confiscated 561,000 fake cigarettes, which were imported from China and were paving their way into the Spanish market through the port of Valencia. The cigarettes were being transported in a container marked “synthetic fiber”. China is the hub of fake cigarette dealers and they are mostly traded online. The trade of illegal cigarette products in large quantities on the internet has also increased dramatically, casting a huge shadow over the lawful cigarette trade in the country. In November 2011, China Police busted around 122 criminal dens and arrested 78 suspects, following a raid in nine regions to crack a bogus cigarette manufacturing ring. Fake cigarettes were usually produced and stored in city outskirts and disguised as normal goods for delivery, with fake cargo and ownership details. Puffing the fake cigarettes in large quantities or for a prolonged time will inevitably leave the smokers vulnerable to serious health damages. As per the lab findings of “The Organized Crime and Corruption Reporting Project” fake cigarettes from China are reported to contain 80% more nicotine and 130% more carbon monoxide, and impurities harmful for health. These cigars are available at a cheaper price, and budget-constrained consumers end up smoking the fake ones. In June, 2011 Philip Morris International Inc. (PM) had filed a case in U.S. District Court against local retailers in Miami for selling fake Marlboro cigarettes. The New York-based cigarette company tracked down 17 retailers who have been selling these cigarettes. The extensive collection includes not only counterfeit smokes, but cigarettes with counterfeit tax stamps for almost all countries.

Seneca cigarette dealer files for bankruptcy

Von buycigarettes, 12:16

One of the biggest movers of Native American-made cigarettes has filed for federal bankruptcy protection, a month after a court said the wholesaler is responsible for potentially tens of millions of dollars in federal tobacco assessments. The Chapter 11 reorganization filing by Arthur Montour, owner of Native Wholesale Supply on the Seneca Indian Nation’s Cattaraugus Reservation, lists more than $50 million in liabilities by the businessman who has become wealthy by moving billions of cigarettes made on an Ontario reservation to other tribes across the United States.

The company and its Ontario cigarette partners, the subjects of a 2009 investigation by The Buffalo News, also listed as creditors a half-dozen states that have brought various lawsuits against Native Wholesale Supply over its tobacco-distribution practices. But Montour’s biggest creditor — at $43 million — is the U. S. Department of Agriculture, which brought his company to court for failing to pay into a federal trust fund designed to move tobacco growers away from a regulated price market and into a free-market system.

In October, U. S. District Judge Richard J. Arcara ordered Montour’s company to comply with the terms of the Fair and Equitable Tobacco Reform Act of 2004 and pay into the tobacco trust fund. In his company’s Chapter 11 filing with the U. S. Bankruptcy Court in the Western District of New York, Montour listed the $43 million owed to the Agriculture Department as an unsecured claim. Montour acts as a wholesaler of cigarettes — chiefly the Seneca brand—made by Grand River Enterprises, a plant on the Six Nations of the Grand River Indian Reservation in Ohsweken, Ont., near Hamilton.

The cigarettes cross the border near Buffalo and head to various warehouses, including a duty-free zone in Las Vegas, before being sold to tribes across the country. They, in turn, sell the cigarettes tax-free. The cigarettes also are sold by Indian retailers in New York, including most Seneca Nation merchants. Montour, a former Seneca Tribal Council member, had his Perrysburg company incorporated by the Sac and Fox Nation in Oklahoma. Several states have sued Montour’s company for various reasons, including alleged violation of cigarette- shipment laws and sale of cigarettes that do not meet fire-safety standards.

“The [bankruptcy] filing automatically stayed our case against Native Wholesale Supply,” said Diane Clay, Oklahoma Attorney General’s Office spokeswoman. Oklahoma went after Montour’s company in court, alleging that he failed to make required payments into an escrow account created in the wake of a landmark 1998 settlement by 49 states and the nation’s major tobacco companies.

Contraband cigarettes found in car

Von buycigarettes, 12:15
RCMP members stopped and seized a car containing 87,400 contraband cigarettes on Highway 1A near Middleton, P.E.I., Sunday. Two men were arrested at the scene and later released with court appearance dates set for Feb. 9. The cigarettes were destined for sale in the Charlottetown area, the police said. Cpl. Stephen MacDonald said the sale of contraband cigarettes is a major problem on Prince Edward Island. A dozen people will be appearing in a Summerside courtroom this week to answer to contraband tobacco charges, he noted. "We did a project this summer in Summerside and we've charged 12 people all with bringing cigarettes into P.E.I. So, It's a huge problem." Police said the selling and buying of contraband cigarettes is illegal and aids in promoting and fortifying larger crime activities both here in Prince Edward Island and beyond. In addition, the underground activity of these activities undermines the hard work and dedication of Island businesses and being part of these activities is being part of crime.

Feds burned by cigarette smuggling

Von buycigarettes, 12:07

As the U.S. economic downturn continues, no government budget across the nation, at any level, has been spared from cuts. New York state recently had to slash spending by billions. At the federal level, Congress has been forced to make historic cuts in spending. Increasingly, we are working to maintain security with fewer resources.

These challenging fiscal times demand that governments operate efficiently, in part by collecting taxes owed and cutting wasteful spending. Yet every day, the failure to strongly combat the growing crime of contraband cigarette smuggling deprives governments of billions of dollars in tax revenues — siphoned off by terrorist and criminal organizations. Here’s how it works. Cigarette retailers – the corner store, for example — are required by law to buy cigarettes through a licensed wholesaler. That wholesaler must pay the state sales tax revenue — currently $4.35 per pack in New York.

However, as cigarette taxes have risen — in New York, for example, taxes have increased by more than $3.00 per pack in the last decade — store owners often bypass the wholesaler, acquiring and selling counterfeit-stamped cigarettes. This allows the smuggler and retailer to sell at substantial discounts — and still profit thanks to the margin created by unpaid taxes.

In New York, contraband cigarettes are typically trafficked from Southern states, which have lower or no taxes, or across federal tribal lands, where taxes are not collected. Tax-free cigarette sale on tribal lands, estimated to account for as much as one-third of all brand-name cigarette sales in New York, is supposed to be limited to tribal members. Nonetheless, some tribal lands import enough cigarettes to provide every resident man, woman and child with hundreds of packs per day.

The stock of this global cigarette maker looks bullish from a fundamental and technical standpoint

Von buycigarettes, 12:05
Advertising: www.cigarettesmall.net the best cigarettes shop with cheap price.

Philip Morris International (PM 0.00%) sells cigarettes such as Marlboro and Virginia Slims in 180 countries, generating annual revenues of $75.3 billion.

The stock was floated back in early 2008 -- as a spin-off from Altria Group (MO 0.00%) -- and traded near 50 at that time. Since hitting its bear market low around 33 in 2009, the stock has been driving higher strongly.

The stock's 12-month performance shows the issue appreciating 29% versus a 1% gain for the S&P 500 index.

Its momentum indicator is strongly bullish. And the accumulation-distrib​ution line compliments the price action of the stock. That indicates good buying supporting the breakout. The stock has just moved across key resistance at 73. The move comes with a widening of the spread (daily range from high to low). That is bullish, showing ease of price movement.

PM spent several weeks near the top of base. That was very bullish too. Now the stock has broken out from an 18-week, cup-and-handle base. The move carried the stock to a new all-time high. Net for the upcoming fourth quarter should climb 11% to $1.08 a share from 97 cents a year ago. The highest estimate on the Street is at $1.10 a share. PM has surprised big the prior two quarters, topping the consensus estimate by 14 cents a share and 13 cents. That works out to beating the consensus by 11%. So chances are it could do it again.

Going out to the first quarter of 2012, the Street expects an 11% gain in net to $1.18 a share from $1.06 a year ago. Insider activity is also bullish. Insiders have been buyers of the stock over the past several months. They have done very little selling. We rate PM a good intermediate-term play. It has a beta of 0.87 versus 1.00 for the stock market, which means it is less volatile than the overall market.

The stock yields over 4%. So in addition to its technical breakout, the stock is attractive to those looking a good return.

Dienstag, 06. Dezember 2011

Is pot smoke better for your lungs than tobacco?

Von buycigarettes, 14:08
The recent 10th anniversary of the death of George Harrison from lung cancer followed by an ARIA awards show which paid tribute to numerous Australian pop stars who have died early from various forms of cancer got me thinking about this: Is cannabis use better for your lungs than tobacco smoking?
It’s an interesting question, because anti-tobacco smoking campaigns may have had an inadvertent side effect of making people think that your lungs will be fine if you smoke ’natural’ pot, rather than chemical-filled cancer producing tobacco.

Milford businesses selling tobacco to youths

Von buycigarettes, 13:59
An unannounced compliance inspection of businesses that sell tobacco products Wednesday revealed eight out of 24 city establishments sold items to youth under the age of 18 years old and the clerks were each fined $200, police said.
Police spokesman Officer Jeffrey Nielsen said members of the police department along with staff members of the Connecticut Department of Mental Health and Addiction Services, and the Tobacco Prevention and Enforcement Program (TPEP), conducted the unannounced compliance inspections.
Nielsen said the inspections were performed in an effort to determine compliance with state laws concerning the prohibition of the sale of cigarettes and tobacco products to youth under the age of eighteen. He said an underage youth employed by the TPEP entered the establishments and attempted to purchase tobacco products. Nielsen said eight out of 24 businesses visited were found to be in violation and sold tobacco products to the underage youth. The offending clerks each received a $200 fine.
The cigarette dealer license holder at each establishment also faces additional administrative sanctions from the Department of Revenue Services, the state agency that issues cigarette dealer licenses, police said. The following establishments were found to be in violation: Cumberland Farms at 1023 Boston Post Road, Woodmont Shell at 190 Woodmont Road, Choe Food Mart Shell at 1345 New Haven Ave., Friendly Liquor Store at 240 Broad St., Krausers at 631 Milford Point Road, Sassy’s Liquor Locker at 965 Bridgeport Ave., Krausers at 361 Bridgeport Ave., and One Stop Mart Sunoco at 298 Boston Post Road

George Clooney warns actors to stop complaining

Von buycigarettes, 13:58
The 'Descendants' star revealed he is sick of his peers moaning about how tough their lives are and he said other people need to remember how "lucky" they are. Speaking during The Hollywood Reporter's actor's round table, he said: "I cut tobacco for a living in Kentucky - that was hard work. I sold insurance door to door - that's hard work. Acting is not hard work. If you're lucky enough to be sitting at a table like this, you've been very lucky in your life. "You caught the brass ring somewhere along the way. I've known a tremendous number of talented actors who didn't get opportunities. Is it hard work? There are long hours, but nobody wants to hear you complain. I remember I was selling women's shoes at a department store, which is a lousy job." George recalled hearing other actor's complaining as he struggled to make it in the industry and said it has made his determined to enjoy his good fortune. He explained: "I remember I would hear of famous stars complaining in Hollywood about how hard their life was - I didn't want to hear that. So I don't find it difficult. I find it challenging, and sometimes I'm very bad at it, but I don't find it hard."

A smoking hot legal question

Von buycigarettes, 13:57
Tobacco will be verboten at the Medical University of South Carolina as of March. That goes for faculty, students, volunteers, patients, visitors and vendors. And that makes sense at a healing institution where many people suffer — and some die — from tobacco-related ailments. But does it make constitutional sense for the federal government to require repulsive photos (including pictures of diseased lungs) as a health warning on the packaging of a legal, if beleaguered, product? A federal judge in Washington, D.C., recently issued a restraining order against the Obama administration’s plan to do just that. The Justice Department is appealing that ruling, which calls into question a 2009 law scheduled to go into effect in September 2012. On the flip side of this issue — and of the world — the Australian Senate has voted to get even tougher on tobacco. It advanced legislation that would force tobacco companies to package cigarettes in plain olive green. Branding is not allowed. Warnings, including gruesome graphics, are required. But there are plenty of smoke rings to jump through before the details are filtered out in either place: The Australian proposal says it isn’t enough merely to alarm people with gruesome pictures. By using plain, drab packaging, marketing appeal for smokes would be further diminished. New Zealand, Canada and some European countries are reportedly considering similar steps. Tobacco interests in Australia have threatened legal action should the law pass. Ditto, in the United States. The World Health Organization has urged plain packaging since it found in 2005 that there were more than a billion regular smokers around the world, and four out of five were in poor nations. Meanwhile, consumers can take the matter in their own hands by educating themselves about health dangers associated with cigarettes: heart disease, lung diseases, gangrene, cancer, macular degeneration, ulcers, wrinkles and plain old bad breath. With all that knowledge, who needs package warnings?

Tobacco Warehouse plans set for approval

Von buycigarettes, 13:52
The developer behind ambitious plans for Liverpool's Stanley Dock should see fresh proposals for the dock's Grade II listed Tobacco Warehouse approved next week. The north Liverpool dock falls within the city's World Heritage Site but has been derelict for at least 50 years. Its regeneration became a reality after the area was awarded £25m from the government's Regional Growth Fund last month. Stanley Dock Properties, owned by Dublin-based Patrick Doherty, has reworked earlier plans that were approved in 2008. It has reduced the number of apartments from 634 to 335 and made them "live/work units" - suitable for either work or residential use. They will also be larger with an average size of 1,300 sq ft and will each have a double-height space with a mezzanine floor to counter the low warehouse ceilings. The amount of office space has increased by 8,000 sq ft to 44,000 sq ft and the firm is also proposing 10,700 sq ft of retail and 9,000 sq ft of restaurants and bars. There will also be 36,000 sq ft of public exhibition space - an increase of 6,000 sq ft - and 576 car parking spaces, a reduction of 200. According to planning documents the developer believed these changes would make the scheme, "more economically viable in the current climate". The interim head of planning has recommended it is approved by Liverpool's planning committee when it meets on December 13. The report states: "The redevelopment of the Stanley Dock would contribute significantly to the regeneration of north Liverpool... granting planning permission and listed building consent for the conversion of the Tobacco Warehouse will be the first step on the way for future regeneration in the surrounding arrea and furthermore that it will encourage the applicanted to bring forward their proposals for the rest of the Stanley Dock complex." There have been no objections to the plans, although English Heritage is concerned about the style of window proposed and the developer will have to make special arrangements for a pair of peregrine falcons that nest on the site. The RGF cash was awarded to the North Liverpool City Fringe Employment and Investment programme, which has been developed by economic development company Liverpool Vision, Stanley Dock Properties and community regeneration specialist The Eldonian Group. The programme is centred on an area between Liverpool's city centre and the new Enterprise Zone planned around Peel Group's Mersey Waters scheme. It is expected to create 1,780 jobs and safeguard a further 2,280 posts.

Fight against illegal drink and tobacco continues

Von buycigarettes, 13:51
Liverpool's pioneering unit which has led the fight against illegal alcohol and tobacco is to continue. The Alcohol and Tobacco Unit (ATU) was set up the city council’s trading standards services in 2008 with Liverpool PCT providing funding for three years. Now the PCT has provided the £400,000 funding necessary for the unit to continue operating until 2013. Since it was set up, the Alcohol and Tobacco unit has had a real impact in cutting the amount of illicit alcohol and tobacco in the city and cutting sales to young people. In fact the amount seized is triple the original investment made by Liverpool PCT. Among its achievements are: Working with partners including Merseyside Police and PCT Health workers the ATU has carried out almost 1,000 alcohol and tobacco test purchases using volunteers. All premises are targeted as a result of complaints from residents and action has been taken over 173 illegal underage sales. A wide range of action has been taken against those who sell to under age children, and those who sell illicit alcohol and tobacco. This includes prosecutions, licence reviews, orders to cease selling cigarettes in problem premises, 48 hour closure orders, training and action plans A joint operation with HMRC saw illegal tobacco with a value of £1.4m seized Quantities of illicit counterfeit and smuggled alcohol and tobacco with a combined street value of more than £2,000,000 has been seized from over 200 premises across the city. Councillor Tim Moore, cabinet member for the environment and climate change, said: “We are delighted that the PCT has contributed the funding which will enable this unit to carry on its vital work. “It has been one of the big success stories of the last few years and has played a significant role in protecting young people and the wider community. Its work protects the health of individuals and has helped cut crime and disorder. “And it has also helped legitimate businesses whose trade is hit by illegal alcohol and tobacco especially during these very challenging times for traders.” Dr Paula Grey, Director of Public Health for Liverpool said: “Since it became operational the Alcohol and Tobacco Unit has made a positive contribution to reducing the amount of counterfeit and smuggled tobacco and alcohol in our local communities. “Counterfeit cigarettes often do not carry warning health messages and are more dangerous because they contain higher levels of tar, nicotine and carbon monoxide than genuine brands. Similarly counterfeit alcohol often contains ingredients which can lead to health problems. “These products are often widely available to young people as well. Enabling the Unit to continue its work until 2013 means we can not only prevent many more young people from forming a potentially life-endangering habit but it send out a clear and stern warning to those who may be tempted to break the law in this way.”

Donnerstag, 17. November 2011

11-year-old boy reports mum to police for using marijuana

Von buycigarettes, 16:07

An 11-year-old boy was so sick of the smell of marijuana in his house that he took pictures of the drug on his phone - and forwarded them to police. A raid on the couple's home in Dakota County, Minnesota revealed eight pounds of marijuana, stuffed into supermarket carrier bags, police say. Probation supervisor Heidi Christine Siebenaler, 40, has been charged with fifth-degree possession of marijuana.

Her husband, Mark Siebenaler, also 40, is charged with possession and intent to distribute, the Star Tribune reported. Mark Siebenaler said the drugs were for medicinal purposes, following a brain injury about 20 years ago. The child sent pictures of cannabis at his home to his biological father, who alerted the authorities.

The couple claimed that Heidi Siebenaler did not know about the drugs, and that the marijuana was kept away from the children. She said: "They said my son couldn't escape the smell of marijuana and had to go outside for a breather. That's not true. I live in this house. Never smelled it before. It makes me sick."

But the 11-year-old told police that the house regularly smells of marijuana smoke. "Often times, he is unable to escape the smell without going outside," the search warrant said.

Quitting smoking saved me hundreds

Von buycigarettes, 16:06

I haven’t seen any of the actual revenue figures on taxes collected by the state since those new taxes went into effect on July 1, but I have been keeping track of my contribution, or more precisely, my lack of contribution in at least one category — the cigarette tax. As of this week, I have avoided roughly $408 in state taxes since I quit smoking. Overall, the total savings since I quit is $918. That’s what I would have, but haven’t, spent on cigarettes. I mention that this morning for two reasons: First, people keeping ask me how I’m doing; And second, today is the 38th Annual Great American Smokeout.

I haven’t provided any kind of progress report in some time, mostly because I wasn’t really sure how often it was worth mentioning. Where are the benchmarks? Do you update your progress every week, once a month? And I wasn’t really sure if anyone actually cared that much after that first month. But apparently they do. There hasn’t been a week that’s passed when someone hasn’t asked how it’s going. It’s going well. The past Monday marked three months without a cigarette.

I’m not sure if that’s some kind of milestone, but I thought I’d take advantage of the day and provide that little update for those who care. I have no desire to start preaching about the benefits of living a smoke-free existence. It’s not an easy habit to quit, and the level of success that can be achieved depends solely on the individual. One size does not fit all. The methods employed by one person to break the habit may not prove to be as successful for someone else.

Money was not the motivating factor for me, but doing the calculations to determine how much I’m now saving is quite the eye-opener — especially when you see how much of that total cost is just taxes. The state tax on cigarettes is $3.40 per pack. That’s $34 for a carton of cigarettes. That’s what I was giving the state on a weekly basis — but not anymore. And, much to my relief, the state seems to be doing quite well without my money — and it would if you stopped contributing, too.

If you’ve been thinking about quitting but haven’t found the right circumstances yet, today would be a good day. There’s help available at the American Cancer Society’s Web page; visit cancer.org and click the Great American Smokeout link.

Imperial Tobacco, SABMiller, Mothercare

Von buycigarettes, 16:05

Imperial Tobacco, the manufacturer of Golden Virginia tobacco and Lambert & Butler cigarettes, has hit the “tobacco wall”, according to Nomura, which has downgraded its rating on the stock from buy to reduce. “[The] inability to expand margin as cost efficiencies run dry and the need to support sales growth via heightened investment in brands (while suffering lower returns), we term hitting the ‘tobacco wall’,” the broker said.

Also, to reflect the absence of takeout probability in its valuation as well as the expected medium-term margin declines, the broker has cut its target price by 10% from 2,400p to 2,150p. Investec has reiterated its hold rating on drinks giant SABMiller following the group’s first half results which saw margins fall as rising raw material costs began to bite.

Earnings before interest tax and amortisation (EBITA) were up 6% at constant currency prices, although EBITA margin reduced by 10 basis points to 17.2%, which Investec said was modestly below expectations. The target price of 2,475p remains unchanged. Following its disappointing first half results, shares in Mothercare sank over 10% on Thursday morning, with Peel Hunt not helping much as it reiterated its sell rating on the stock.

“Mothercare is already in the process of closing around one third of its UK estate. We see no quick option to downsize the remaining space cheaply, while pricing needs permanent investment in our view,” said analyst John Stevenson. “We believe the outcome for 2012E… may deteriorate due to a rebasing of prices and the new strategy ‘kitchen sinking’ in the first half of 2012 calendar year,” he said. With the potential for UK losses to widen further, Peel Hunt remains a seller with a target price of 150p.