Philip Morris posts sixfold profit jump

Article Abstract:

Philip Morris Cos. posted net income for the 1999 fourth-quarter that was six times higher compared to the same period in 1998. The company's net income was $1.86 billion (1.86 billion euros), compared to $274 million in the year before.

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Philip Morris net rose 12% in period, meeting forecasts

Article Abstract:

Philip Morris Co. posted a rise of 12% in its net income for the 2000 first-quarter. The company posted $2.01 billion (2.11 billion euros) in net income for the period.

Food & Kindred Products, Food Manufacturing, FOOD AND KINDRED PRODUCTS, Food industry

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Lawyers for U.S. Tobacco Firms Seek to Reverse Damage Award. Companies Argue the Punitive $144.87 Billion Would Leave Them Bankrupt. The Verdict, After 2-year Trial, Leaves Unanswered Questions

Article Abstract:

Fines from the Florida trial for Philip Morris Cos., R.J. Reynolds Tobacco Holdings Inc., British American Tobacco PLC, and Liggett Group (owned by Vector Group Ltd.) are mentioned and put in perspective.

United Kingdom, Diversified Companies, Legal issues & crime, Tobacco farms, Tobacco, Tobacco Farming, Holding Offices, Cigarettes, Cigarette Manufacturing, Cases, Product defects and recalls, Florida, R.J. Reynolds Tobacco Holdings Inc., British American Tobacco Plc., BTI, Liggett Group Inc., LIG

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