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Lorillard

Tma Executive Summary

Date: 08 Jan 1988
Length: 2 pages
87574923-87574924
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Fields

Type
NELE, NEWSLETTER
Area
LIBRARY/PILOT PLANT LOFT
Request
R1-037
Named Organization
Tmer, Tobacco Merchants Assn
Date Loaded
20 Dec 2001
Master ID
87574795/5368

Related Documents:
Litigation
Feda/Produced
Author (Organization)
Tmer, Tobacco Merchants Assn
Site
G105
UCSF Legacy ID
zwx54c00

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Page 1: zwx54c00
iui (Ff1C_?%S.G9C%1 - PPESiDtNY 1.`•Oa1775 3379 FoP thC- 15_t ._me. 2 1flD•.C:J-eoS-PM.(#%) -an"_ Rilz -(#41..-•hlt FUrtune's Top -10 _ _ list _of' most ,.st:Fts-d 7"' -cvrtpailtcS as artert-tin__eii by-~__ pall °,~Ji.-..',4i:p responded) top A:e,ct:ves, ou. ed - -d rrct rF; and fina t'_ ratv ,; _ yh ch-'rated FortutFe 5:7[r os or -qual;ty t:f -mana;;cenent -qta.,t;, r,e.pr; ucts. inrnva!_iven_ess,. - long-tcrm ir.vestrr.en value, 3inancial - soundnes„ cornmun;ty,~e po:=_sibtlty_-l use of corporate assets, an4 abaiiy-to attract, dcvelo;p ar•d ke~p,-ta:lensed pe-Qple- (Fortur•e _ 1,/l8). Nev -thelec_aE :€te tobACCe grous in lE/F~ lcst_ back tu.the S&P S0+`) what it had gaiaed -in October; aecording- to Smith Barney's 32,/23 report. George Lewis, vP & _Treasurer of Pi+t Cu. nad^-_- Biacx Enle psise m+gaz-inc-_'s lis.--of: !4t_25-_'most-pnwerfu?' _ . US b'ack-executive-s ;iY`J 1 6;. _ PM Cred;t 1oe. baught= & 'cEsed-bac€c a_ hydro= e_le€t `c projec;r wit-h-Consclidated r'ydro_(WSJ 1,/}).- _- _ :-i-RODL'C'T-S.3A£stlI"i-i.IlO1?IOiNUNDcR'.YA'i',.':IP9's^Eh^v:vE.ItiEXT -Expert_testimony-_got=underway=1:5--ir.the-~17mti product i.ia'ats•t.t:-ial -of-.Natfian - . evv Ueli jobacrn -£la_- in _ Lexingto-r,; Horzon_ r. _America t Tohaevo- Co._ _anc=,ehe N. -Mississippi:__ A-revie.ver-for the j987 Surgeon_ Gvnerais. repn_rt, Qr.--Ginzcl and the.e doctor who yecformcd-the- autepsy.-Dr. smithcrtified for- the piaintiff on l1='. videc-- -- -- Walt ;_ DicKerson,-a . far=ner--Ft,^ert crz _ _Tohacen -Co natnte_ r?ncc _ rnan, ctairned in 9 taped,ir.tervi_ew tha- a-pe_tte,dc."irtcnded only to be -spr;aye on the_.floor...had been- u5ed on _thE plants -ard-- endea_ up itt- the c:garrttvs' at . the -Yeit::+i€le,- NC:= plapt_, - _ Among_ othe.r- cna-rg s. the s.tit -_ clatnt,- 'rhat . the - c vareites_ were-' de"cctive and - - unreasor:ably dangcrous beca-u-se of chemicai-clntaminants and additivcs." Noting that M'essissippi- is a pure cortparative fault- state- (ailoxing :or_ as )ittle _ as . 1"a; responsibil'€ty), plairtiCf's attorncy _Barrct4 said he w.nted the -dc-er•dants -_"to te as<_essed- (a] - fair= share-e of damag s.' - Adr t'in5 his clieni's- responsi-5i€ity, Barrett-; in his ppen-ng statc_ r" -rr, said Nortaa chou_i.^.-.have had tre avi_dcstt. acc the - - strength" to stop -smcking. " American w_ i1' a re.t - tiat=-the kind of cancer that - ai-fi=cted}Iorton -~ is -:,n:e_lated o -tabac;.o The .ria; is expectcd to _!as?.. a =rostth-..anL_ - . takes. 9 of 12 ja,ro s i n Mtssis;ippi (Lr?I t/6 €/?, CBS _ S!E). 1v1c3 •whi_lc,-_-the Cippolone-product liabtrty°.riai will gct_unuerway iheweek-•~:-1/19;9JF !/3,/88);. - . - AMERICAN_:.E-1-s_MOYES; S&P WA'FCI=,ES CREDIT; MU].LEN TO CEO on 1/F3, Aner -a^C_Erands`sCEO Y/illiam Alley still_-meet -with-Ce:icago-b_asrd E-1; _ _ _ Holding+'s CEO Do_n-ald- Ke.lly to-'see il`_fKell,v]. ha; fresh ar- n wideas to er.hance shareholder value.' E-[l, which ho:ds 4_4?~ or i?BE announced tltat-it-wou3d:seek -6 spots on Arrerir,zr's beard__ at¢_ that -it,.maY try':-ic acQui_.re the -cornnany-"_.i;t, an -- estimated- $6bn ($55(sXBrC) trallsactlon. w:hile .nstit'E"na€- holdeSS. _°.see- more Y]1.'~e -- --- in_ seliing,' 60reof-4F:e';:ock is 'held-by indevi3uti•ls; ABB stock jumped to a PjE-of- - - : f- BAT_ -did- not- -comtrsnt,_of rurtors that - it was_:ra_erested __-_ S:nce Mr: Alley_ ,tssumtetl _ _ the CEO_spo-t AB-ha-s sold,-Ptnkeston's security -busirvess; and_.placed,_SuHshine,B:scuits_ OD and Andrew Dergens--on- the biock- He has--also- purchased _ ACCO World and thd spi*its ~ lina from National 131stiller= in an effort to focus-on' ccte busine3scs: t'ohacco,- -~ - spirits;-.-ofiice products, and insura. ce (WSJ t!8). Oc €/4. AB announced -that-.-Charlss_ A Mul}en, COG, had bccn- elected CEO o` b risan Tobacco Cp. Citing "a successful h:-lT ~_ takeovzr or a costly 'defense;` Star-dard & Poors-pla,et; Sl.4ha-'ef'AB's se.sr;ties or. ~ credit a•atcli:or possi, f= do:rngrading-(WSJ 1/?, 7,'6). PHILiP MOBP<IS.RRlN43 R•IF N --'.B1SL'G_AMiJNG THE 30 M-O3T-ADmIrE€~J-CGh3PANFEj . 'P8 t' O M-nCF +TS : q uDIN OE _I-t JS ILC: _ - buided1916 PO PO°-8019 - F'~'M =, ION f J-085dJ H9'de
Page 2: zwx54c00
- CYSC TO 9€VELOP-i.?ut1RETT E'- Gti"I';R Sa-ANGetRJ3; F[6,e.: F1P.E SA FE! Y PF_AN .:- a stanea d_-- BIC Corp... Wtich-_Fas a?cncaicdg°d-n)erc ':har`- 48--lawauit s_- --ctr c~ti4y-nstn# wa;,.it:-g laocts. --Flort;: sai.~?--he-- w-: ule reverae€ess--pprsue.~ inbtl: to itatrnctvrc-tiie-CaaC -- ES0'-44 -i;:1F1-119 HP-1/7'S8i. -Vr k t•tars to _73ouse _ - Speahr_z._Wf-igkt- =a??d-=YF -ltbsh -..t3re -C-PSI.= pvjvi_d_d'x-hc-fAllowing= tior-::?€tidatiotis- {or.-,_ - -.legisla:ion,-as a-resuit_ of_ the i'1/29/87 technical repor.,'Toward A Less Fire--Prone -.=.Cigarette~"- oc-vaop;;er.t and,tes.an8 c-f poten•iall_v-:!'.casiple..pro.^tvpe c,garettcs._.8r . -_ -d[velopment o1 • standardized gni.ttcn V_.rCpens.tV-te$ Oy_ i-:f =eEat-olta Bi_tTea-u of .._St+ndaros-_ c-aan` rr-a=-9-rnere:bc:ydy.=sory coecrri:•=_c ° to-- guide-- tFa r-search; - - dOnatfon ~by_ t, o-.in try of trtt--pr0 otyvt5 F,t"ner--/t i o Cpos '° that tne.. -. rc_se_arch, be complc:.d` within 2 yeazs-ol rh,_-=d c ,at~ tpc -3s0.:,0t?0 iare r rcd -, o: ds are altocatFd iCP-SC-l2.123f87S --f`ai:,ro~nia, t'Sinnc>ota.nd N-en s'ork.--h3ve'rr_-f.;cd-- t c!lls to mandAie f3re-sat-e c',garettesthe Tob cc4--Inctttlle-ncl=,orts __ - . --- , RICOTINE-GUM: US VEl?SIO'd_HAS HALF: gkOGFE'PROMOTION,°SPfaAY NLXT Ricotioe--ch,.v-ing-gu'e corita'=.-trt:g_4-;rig of`nir.ottne'-enabled 3;% of hea?'y tr,okcrs tn - -- qiti? fr•,r --2 years= wtti-lc such gutn ca^?ai .-n_g 2m$i of : nrcotrn ._- the- 9uactiey in -NYerreli Oovv`s US Nicoiette, cnabled 6% ta q-ai: for a simii ce-ici3: A spol.esmaa fr~• Lakeside _Th,armaccullcais, the 7s3errc1l srbss_diary, said :hat it yvcild sz v av._rova! _ -- this yea_r fo-.:-a-4rrg versioc:_ C13S'ra:-the story 1i6,-cor[tr:'ti:rg ;vle€-e1l_'s s$r~~,00v - i2/28-i/1 New -Yeacs T-J ad.- cat-rpaign its ls; on TV for Nicorct+e whicl, trae,.37onrn ir, 19g`r wortd+ride- sa'es.-= T7rdcr_ FDA gu-delinca foi--prescriptron _-drugs; the ads do r,st mentioo "Nicore*Yc" tiy nam-e but enuouragc smokers to go to thfi-r -dector" for`2 - _ presc..;?lion ,tJp! UPl -/.i(;/E?).` Gress TiWnsend- Fra_rrk Hotftr:an wil:-.reslace _-Medico>- Consumei-as--t}ie Nicoret*e-ad-agency` (NYT--l2/24). ~~A~-tobacco taste replacing-- - riiist-ittital€r, fortrrd r=os*t _r, cti ,airat corztrno+ o-icnt r'-an=J oraroe° ;ticF: is bei-ng rradicu for a€-arge~ `trial ai: LiC: :A, ini[ia#- te t--aY•> rj =r<rs:e€: >' a;m thar- ii-was - - - 'les_c-satisfying- than ihcir.favari'e- brar:ds'-bilt-_'more--satisfying--than_.-low=tar 4- _-.yea rule-mak=ng_rracedvre _siatxdards-.-= ro. b€ -develo5ed over--.-as tsi~3tate.~4 =:edu+risg- {ig7te..s frr .e chiad. rstitant. '-g Loti srjl.'r .:ttrse-: netrtzarts4` t5e -t:'P;L', - - >, ~ - - - lj6 an-tre~:cc rTicni ~ tfiart it ~w.u-d -,rrcludc--a-li ligoters noi ~-just disposa.bles---in _,-cevr~ Ycst-rda~~ Pep Jzmcs Florio;a7 NJI liarled--thc .i:.-onsiimcr- Frrsd-te.ct Safety tiontmissios:`s - cigarette brands-{.WY~_`lL/SU[a:1._-_ . n - a _ s . Angeles On a Tiitlr rgrr w,.erc 3m_ rr g _-u .- i_r I - stat ng- tha, ~ont n ^edpas cager, r:9ts. to rnut Phe- tF :l.- n?- binto ir-.travel, ?~- commert_ed that the „asucn _ rr r-r,e s r ke hatcr> ' as n cnmpsrab-e C,r appliecr to ?4_ ctt t,ng anJ- aiher oceai-?rah ,. €ik'eg gettir,g' drunw-or tarkrr.g drr v" `_Inder.Prop. ~ - 65; tha` }i-calth & iYr,fare .-Ag .cy-endorsro -the pc..ting: of.-.tge-t-0Ik~rng° itealth ctarning - s:{tn _ wltereytr oeer _wine, •~. lry:~~r- are sold. ard on_- cestaurant m nus„ th ugh-= not -an bcicrage conta'n ers, "A'.~P.NIN.~ Deer. wine and other alcoholic beve ages -_ are known to - -the-stat-`of y'atrforoaa to cause:brrt~ defe^• "-(State Capitals"12/2t's/1?7). - -- -- --- [OWA: CONSUMPTION 1DRO4S BP.ANDSTAD ANNOUNCES 10 CENT-ACCOR11 A 100 _per-pack hike ,vould rara 10% less rever ~c than a year ago kue to- - - `decreases r-n the - nvmber -or smc:Kers.- a---r~.venLe sFokes:~ar ,ard. -.Go~•: Branstad, -who tried- but fai' d rti enact a h ke in- 1587 annaun ced a_ 3s- -_- partisan -accord -on -i/S to- hike the cijaret e excise 100 a.-pa k to-rais- . 525mn to help reduce the 515Qm: dcltcit. - A low -nterect bisiress- r.d community foat: poot ,inatrc d by-cigaret7e_tax rever.u ar.d-reptPnisied by - -- !otteiy moneV was aPproveG by Fite-!eg!slatcre s int_r m rural nevelot~m_nt -- - - commrrge (UOI -'/5, 1/5.-I/4/BE;. in a lcvcrage:d oaYout, at an ttndiscl€sed - price, a- gro:ip of US -Tobacso and House of iVindsormanagers pur=chased House of K'indsft-from UST-effective-12/3T fUP1-12/30/E17i fiiA,rOk7"' Y Tf9i;.KSf`='•'Ei~FRIENTSIi~C3LrSTAi='~UT OF SP:SO&I?d^~ RES'~'x1~C :ONS -`- n--5"E,-.enajoritY thinks-taat `goverr:r.tcitt shou':d-.net--havzt+ie°-_resporstF-ility--to - - --restYic: srieok.ng°- '«hile--ti0% :bJnK -i'..sho_uldh'a4P tr~is- responsrb li?y: F1% °'betii;vc governmeCt has a-role iq °co tr^lli~lg-ads ior tobace(T and liquor' Whi3G t-1 .~u`--aai"a'.-it should not have such a role (Carbridge Trer.ds & Eoreca->ts j/1%g8): CALIFORtiIA: AIRLINES IN-LIHE TWA OUT-OF ' INE; BAKER Sk~'c DRAW THE LINE Planntng for the 4/23/88 2-h ,t" aic-ba-t' Ante -.a-t-A-r:linrs :everacd itself & decid:d ~ hest-' I SA l..aska, Contircrtal, & Urrted r,- implementing- C.'s as- to inin Delta, Sout N% / !- transportation -ban, wf:ile I{fd1T~i\K has- yet ta-_-rere se it< ron o~rp! ne?. past:.on;- 6l~1 Greyhouno is compl~tng tiJPI 1/5_ 1~/30). $tparatcly a tiv3ee broke out uv r Los ' e ° ssel! Bsker. - ~ -`arned 1) 'tr F:s- 1 6 pie: - ' ..wa - - - - - #:O€ISE OFWINDSOE'_- SOLD T'J-MAN:4C£htEN'F' BY~LiST ' -

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