Tobacco

Peter Ghiloni will replace Tom Ryan on Jan. 1.

Spending on cigarette ad and promos dropped to $8.05 billion in 2010.

This new line of licensed pocket lighters is designed to target the rapidly growing fan base of patriotic, fun-loving, country music fans and outdoor enthusiasts known as the HillBilly Nation, the manufacturer stated.

An analysis found the $1.01-per-pack tax played a key role in the decrease of smokers.
 

Third-quarter sales were slightly more positive, according to Wells Fargo Securities.

The new law goes into effect on Jan. 1.

New corporate name, new president and COO are the company's latest moves.