Marengo cigarettes became popular due to their perfect, long lasting taste and an impressive smoke. Nowadays Marengo are available in four different varieties: Marengo Forte, Marengo Legato, Marengo Piano and Marengo Slims. All these cigarettes differ in taste, strength and flavor. Forte is a more strong variety, Legato – has a softer taste, Piano – the lightest variant and finally Sims, which differ in size and possesses a soft and pleasant taste that is a special variant for women smokers.
These fags are classified as tobacco products of American Blend type and are produced in accordance with all European standards. The selection of raw materials was conducted under control of the well-know Swiss company "P. Lehmann Consulting". About 30 sorts of tobacco and special components are contained in Marengo cigarettes, which guarantee a pure, saturated and soft taste.
The name of the given brand comes from the Battle of Marengo, which took place on June 14, 1800 between French forces under Napoleon Bonaparte and Austrian forces near Italy, which was one of the significant battles of those times.
Marengo predominant colors are: white and black, which are associated with purity and elegance.
Tobacco stocks aren’t for everyone. They require a certain ethical flexibility, since you are profiting from the sad sight of addicted souls puffing away outside in the winter’s chill.
But if you’re like me, those concerns just don’t compare to the allure of outrageous corporate profits and growing dividends. Nik Modi, an analyst at UBS, likely agrees: He upgraded his recommendation on Reynolds American Inc. (RAI-N32.22-0.39-1.20%) – the maker of cigarette-store.biz/online/camel – to “buy” from “neutral.” He also boosted his target price on the stock to $38 (U.S.) from $33.
He is actually bullish on tobacco stocks in general, thanks to a stable pricing environment in cigarettes, growth in the “smokeless” cigarette category and high levels of cash distribution. But he believes that Reynolds stands out, even next to industry heavyweight Altria Group Inc. (MO-N24.08-0.08-0.33%), which I own.
The reason: Reynolds has suffered from earnings headwinds over the past three years, but with a few problems solved its earnings growth on a per-share basis should now outshine its peers.
“Reynolds has communicated roughly $60-million in cost savings opportunities through the end of 2012, but we believe there is at least the potential for further cost opportunities that could provide upside to margins and EPS growth rates,” Mr. Modi said in a note.
As well, the company’s cash distribution story is particularly compelling.
“Over the past three years, Reynolds has distributed roughly 77 per cent of its net income to shareholders through buybacks and dividends,” Mr. Modi said. “We believe that this will rise to 95 per cent over the next three years driven by improved free cash flow generation (from better fundamentals and less pension drag) and leverage ratios at the lower end of the company’s target. We expect Reynolds to begin share buybacks in mid 2011.”
By comparison, he expects Lorillard Inc. (LO-N76.51-0.56-0.73%) will return 84 per cent of its net income to shareholders over the next three years, while Altria will return 75 per cent. This is particularly important, given that Mr. Modi derives his price target to a large extent on expectations that Reynold’s dividend will yield 5.7 per cent. Currently, the shares yield 6 per cent.
A recent study found that smokers have more migraine attacks than non-smokers. But a research published in The Journal of Headache and Pain indicated that smoking could ameliorate migraines by reducing anxiety, one of the main factors that spark an attack.
One advantage of this study is that the sample used, 361 medicine students from the University of Salamanca, were fully informed about what a migraine was. Most surveys which studied the migraine in smokers are done in people without knowledge of the illness, but this recent study tried to found about the presence or absence of migraine and whether or not they smoked in people knowing everything about this disease.
At the end of the investigation was found that 16% of students fulfilled migraine criteria, while 20% smoked. But the percentage of smokers was higher (29%) in those who were also migraine sufferers and migraine frequency in those students who were migraine sufferers and smokers was clearly higher than in those who were non-smokers and migraine sufferers.
According to this last study, smoking is a precipitating factor of this type of headache, as the influence of active smokers is one third higher in migraine sufferers and there is a direct relationship between the number of cigarettes smoked and the frequency of migraine attacks.
At the end of the study researchers became more stressed, because they assure that the tobacco dosage play a very important role in migraine sufferers. The study results detected that the migraine sets in after five daily cigarettes.
Moreover, although the percentage of those who smoked was higher in people with migraines, they smoked less than those who did not suffer migraines. This is because they knew that if they will smoke more than five cigarettes a day, they would be more likely to have a migraine attack.
The neurologists argued that in no case should a migraine sufferer be advised to smoke thinking that it is going to improve their migraines.
