Equity Research on Star Scientific Inc. and Philip Morris International Inc. - Tobacco Products Companies Growing Sales
25 Maggio 2012 - 2:05PM
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Star Scientific Inc. (NASDAQ: CIGX) and
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Companies in the cigarette industry continue to face numerous
headwinds. However, increased sales in specific regions have led to
increased earnings for some companies. Those with operations in
Asia have been performing particularly well as growth from
countries such as Korea, Japan and Indonesia have led volumes
higher. This is good news, as increased taxes and a poor
macroeconomic environment have damaged sales in other countries.
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Philip Morris International is a good example of a company that
has benefitted from its international exposure. In the company's
most recent quarter, net revenue increased by 9.7% spurred by solid
growth from Asia, Eastern Europe, the Middle-East and Africa.
Philip Morris International Inc. report is
accessible for free by registering today at
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Elsewhere in the industry, smokeless, dissolvable tobacco
alternative company Start Scientific Inc. has been branching out as
of late. Sales of the company's dietary supplement Anatabloc® have
been impressive, and helped net sales increased to $1.2 million as
compared to $156,000 year-over-year. Star
Scientific Inc. report is accessible for free by registering
today at
http://www.shinesrooms.com/StarScientificInc250512.pdf.
The two Cigarettes stocks research reports
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