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  • 15.11.2017 Buy Cigarettes for BitCoin

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  • 02.02.2015 California To Raise Smoking Age To 21

    A California official presented enactment on Thursday that expects to raise the lawful smoking age to 21 from 18, his office said in an announcement, just over a week after a comparative move by Washington state's top legal advisor. The bill additionally comes a day after California's top wellbeing authority said electronic cigarettes are undermining to disentangle the state's decades-long push to diminish tobacco utilization. Fair State Senator Ed Hernandez of West Covina, who seats the chamber's wellbeing board of trustees, brought the bill with expectations of keeping more high...

  • 19.12.2014 Texas Smoking Ban

    A conclusion by the Paris City Council in March to ban smoking in public areas, including restaurants, angered Brent McKee. Some sort of restaurant owner, Mr. McKee was taking into consideration the customers who enjoyed a cigarette or two while nursing their own morning coffee. “I built that with my blood and perspire, and then they come in and in addition they tell me what I may and cannot do? That angry me, ” he said with the ban. Now, Mr. McKee reluctantly acknowledges a big difference of heart. “I’m glad the idea happened, I guess, ” he said a week ago....

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    We decided to surprise our beloved customers with special offers. We have special offer for people who like to smoke famous and excellent Camel cigarette products. Every customer can buy 6 cartons of Camel Blue, Camel Filters or Camel Silver for special reduced price of $15.80 per carton. Also you can buy special pack that includes 7 cartons of Vogue or 8 cartons of Marlboro Micro. We appreciate our customers and always ready to surprise you with our special offers. All special offers are available here. Offers Price, $...

BAT Fourth-Quarter Profit Climbs 26% On Takeovers, Price Rises

British American Tobacco Plc, Europe’s largest cigarette maker, reported a 26 percent increase in fourth-quarter profit on price rises and acquisitions, and said smokers are still buying its more expensive brands. Net income climbed to 604 million pounds ($862 million), before minority interests, from 481 million pounds a year earlier, the London-based maker of Lucky Strikes cigarettes said today. The annual dividend was raised by 26 percent.

BAT and rival tobacco-product companies increased prices and expanded through takeovers after smoking rates declined in the U.S. and western Europe. The maker of the Kent and Pall Mall brands took over Turkish cigarette maker Tekel in June and bought most of Skandinavisk Tobakskompagni A/S a month later. Fourth-quarter sales rose 26 percent to 3.42 billion pounds.

“People who smoke cheap smokes regularly see them more as an essential part of daily life,” said Jonathan Fell, an analyst at Deutsche Bank AG in London with a “buy” recommendation on BAT. “They’re obviously habit-forming.” BAT rose as much as 3.4 percent in London trading and was up 1.6 percent to 1,743 pence as of 11:03 a.m. U.K. time.

The cigarette maker has been no “significant acceleration” in “downtrading,” Chief Executive Officer Paul Adams said in a Cantos interview. Shipments of so-called premium brands rose 5 percent in 2008, compared with overall growth of 1 percent in the quantity of discount cigarettes sold, excluding acquisitions. Adams also said unchanged volumes in 2009 wouldn’t “bother” him, adding that he wasn’t making a forecast. The company’s priority is revenue growth, he added.

‘Well Balanced’
BAT is “alert to the possibility” of smokers switching to cheaper brands, Chairman Jan du Plessis said in the statement. BAT has seen a “slight deceleration” in the number of consumers in rural areas of Russia switching to more expensive brands, which the company said is not “significant.”

“Our well balanced portfolio of brands covers all major price points, while our geographic diversity further mitigates the risks for shareholders,” du Plessis said. Tobacco lends itself to price increases because nicotine is as addictive as heroin and cocaine, according to the U.K.’s Royal College of Physicians.

BAT spent about $5 billion in total for Tekel and Skandinavisk Tobakskompagni, gaining control of 36 percent of Turkey’s cigarette market and 60 percent of Scandinavian sales. More than three-fifths of male Turks aged 15 and older are smokers, according to the World Health Organization. Refinancing Plan< /p>

BAT plans to refinance debt that it took on to purchase Tekel this year, going to banks for 60 percent of the amount and paying off 40 percent with cash from operations, Michael Prideaux, a spokesman, said in a phone interview. Shareholders will receive a final dividend of 61.6 pence a share, raising the annual total 26 percent to 83.7 pence. BAT said it’s suspending its share buyback to preserve financial “flexibility during a period of economic uncertainty.”

CEO Adams has exceeded BAT’s goal of raising per-share profit excluding one-time items by a “high single digit” amount every year since starting the job in 2004. Earnings per share rose 19 percent on that basis in 2008. The company aims to boost its operating margin to 34 percent by 2012 and aims to cut 800 million pounds of costs a year by then, Chief Financial Officer Ben Stevens said.

Full-year net income rose 15 percent to 2.46 billion pounds, missing the 2.55 billion-pound average estimate of six analysts surveyed by Bloomberg News. To contact the reporter on this story: Thomas Mulier in Geneva at tmulier@bloomberg.net.

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