Cigarette Price Increase Could Be on Horizon for Cigarette Makers

The three biggest U.S. cigarette makers may sanction a new circle of cigarette price hikes in the next weeks, though the hike won’t necessarily increase profitability as the tobacco companies have improved promotions lately. Wells Fargo & Co. analyst Bonnie Herzog forecasted the tobacco industry would proceed in December their second circle of cigarette price hikes this year, with the … Continue reading →