Altria's Credit Running ThinAfter the legal victory of its Philip Morris unit, credit spreads have narrowed. Cigarette Makers Reprieved from $145 Billion FinePhilip Morris, Reynolds among those that will not pay hefty fine to Florida's smokers. Kraft to Divest More Brands as Altria Prepares Spinoff Labels have sales of $1.7 billion. Bad Day for Big Tobacco A $150 million verdict vs. Philip Morris is upheld; Florida seeks $17 million from Brown & Williamson. Illinois Supreme Court Denies Rehearing of Philip Morris Suit Altria Group Inc. unit was accused of defrauding consumers into thinking "light" cigarettes were safer than regular smokes. Marlboros to be Made in China Philip Morris and China National Tobacco Corp. establish a 5050 joint venture to also market Chinese cigarettes internationally. Illinois Supreme Court Tosses $10 Billion Suit Against Philip Morris Ruling stated company did not mislead customers; FTC allows companies to label cigarettes as "light" and "low tar." Phillip Morris Awaits Supreme Court's Ruling in $10 Billion Case Today may mark end of company's appeal of ruling that it advertised light cigarettes as being safer. Altria Group Committed to Kraft Spin-off Company is preparing to separate operations once several U.S. tobacco litigation hurdles are cleared. Supreme Court Rejects Tobacco Appeal Government cannot reestablish $280 billion penalty for alleged fraud by tobacco companies. First Previous 40 41 42 43 44 Next Last
