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Altria Might Have a Plan for a Cigarette-Free Future

Herzog has a “outperform” rating on Altria’s stock. Juul is facing growing public concern and regulatory scrutiny over its product’s appeal to children—flavors include “fruit” and “mango”—and announced in mid-November that it was suspending retail sales o
Barron's
added Dec 12, 2018 21:46
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[UK] Tobacco firms used to pay council pension as Suffolk loses almost £160 million to smoking every year

The council has come under fire for these investments in the past, most recently in June when it was revealed that money put into British American Tobacco had been moved into another tobacco company, Altria, with investments totalling over £16 million in
Ipswich Star (uk)
added Dec 12, 2018 18:17
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British American Tobacco backs 2018 guidance

said it sees good growth in revenue and adjusted operating profit, on a constant currency basis and weighed toward the second half of the year. Full-year adjusted earnings-per-share growth will be hit by currency headwinds of around 6%, it said. In the U.
MarketWatch (Wall St. Journal)
added Dec 12, 2018 17:32
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British American Tobacco stands by full-year target

said it still plans to exceed its target for high single-digit growth in adjusted earnings per share for 2018, excluding a currency impact of around 6 percent. Adjusted revenue and operating profit growth will be weighted toward the second half of the yea
Reuters
added Dec 12, 2018 17:31
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[UK] British American Tobacco plc: Second Half Pre-Close Trading Update 2018

The business continues to perform well and full year guidance remains unchanged · Continued good market share growth in combustibles, driven by the Strategic Brands · Strong growth across THP, Vapour and Oral (PRRP) categories · The US is performing well
The Wall Street Transcript
added Dec 12, 2018 14:46
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An early investor in Juul is raising $75 million to make venture investments in pot companies

Poseidon Asset Management, a marijuana-focused fund, is raising $75 million to go after Series A or later investments in marijuana companies....has a solid track record: The fund got into buzzy vape startups Pax and Juul early on
Business Insider
added Dec 11, 2018 19:10
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North Carolina High Court: Tobacco Shareholder Did Not Exercise Actual Control

The acquisition by Reynolds American Inc. of Lorillard Inc. did not create a fiduciary duty by British American Tobacco (BAT) PLC to Reynolds’ remaining minority shareholders because BAT...
Lexis Nexis
added Dec 10, 2018 23:19
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Big Tobacco Hasn't Killed Cannabis, This Dance Has Only Just Begun

Many in the cannabis industry have feared this day would come. That big tobacco would descend upon the industry and with its deep pockets and buy up companies. The concern was that big tobacco would stall the opportunities for small businesses. The real
thestreet.com
added Dec 10, 2018 19:17
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[UK] Suffolk County Council reduces tobacco investment but fails to commit to withdrawing entirely

pension fund committee revealed British American Tobacco was the seventh highest investment for pension funds at £12.4million – down from £16m earlier in 2018.But tobacco investments still totalled £25.7m in Suffolk – 0.9% of the total pension investments
East Anglian Daily Times (uk)
added Dec 10, 2018 15:37
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Marijuana Stocks: Here Come the Lawsuits

CV Sciences is attempting to create a drug that combines CBD and nicotine as a smokeless tobacco-cessation solution. This initial drug candidate is where those lawsuits have originated. You see, back in August, noted short-seller Citron Research released
Motley Fool
added Dec 9, 2018 16:14
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