Tags : Tobacco sales drop


Philip Morris forced to rethink heated tobacco plans

Philip Morris International is currently going through a rough patch. The IQOS device has not seen the success the company thought it would, as tobacco sales continue to fall. The tobacco giant experienced one of its worst days in company history last week, when stocks fell by more than 17 points. The company has thus […]En savoir plus

Business - Market Tobacco

Vaping may signal the end of tobacco

With the incredible success of electronic cigarettes, traditional tobacco companies are beginning to worry. While a dip in cigarette sales was expected, the significance of this change was recently discussed by Jim Cramer, who presents “Mad Money” on CNBC. Based on the figures presented by Adam Spielman, analyst with Citigroup, Cramer came to a dramatic conclusion. […]En savoir plus