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[Asia-pacific] Japan Tobacco Profit Gains as Smokers Stock Up Before Price Hike

Japan Tobacco Inc. profit rose in the first quarter as smokers stocked up on cigarettes before a planned price increase and the company gained on the sale of real estate assets. Net income jumped about 40 percent to 145.4 billion yen ($1.36 billion) in th
Bloomberg News
added May 2, 2016 15:03

Advisory: RAI to webcast participation at Goldman Sachs summit

PR Newswire
added May 2, 2016 14:15
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Cigarettes, Poultry, Gas and Marijuana: Berkshire by the Numbers

Berkshire Hathaway Inc. subsidiaries will be showing off their products Saturday... About 26% of cigarette-maker Altria Group's revenue comes from Berkshire's McLane unit. The Trucking business acts as a middleman and makes deliveries to more than 46,000
Bloomberg News
added Apr 30, 2016 19:17

Fitch Affirms BAT at 'A-'; Outlook Negative

The Negative Outlook reflects the risk of a slower-than-expected trajectory to de-leveraging. Rating headroom is low due to a history of generous shareholder distributions followed by GBP5.1bn M&A spending in 2015.
Fitch Ratings
added Apr 29, 2016 20:08

Turning Point Brands Launches Roadshow for Initial Public Offering

a leading provider of Other Tobacco Products (“OTP”), which include premium cigarette papers, cigar products, chewing tobacco, moist snuff and new generation products, has launched a roadshow for its initial public offering of common stock (the "IPO"). T
Business Wire
added Apr 29, 2016 20:02

Tobacco Makers Just Won a Major E-Cigarette Victory, but Does It Matter?

A U.S. House of Representatives committee recently approved an amendment to an agricultural funding bill ...tobacco investors shouldn't place too much faith in the long-term growth of the e-cig market. Public bans, exploding devices, and other future reg
Motley Fool
added Apr 28, 2016 20:35

[Sweden] Swedish Match Annual General Meeting 2016

Major items approved by today’s Annual General Meeting include: · An ordinary dividend of 8.00 SEK per share and a special dividend of 12.00 SEK per share, in total 20.00 SEK per share · Mandate to repurchase up to 10 percent of all shares in the Compa
Business Wire
added Apr 28, 2016 20:26

Altria Group Looks to Keep Earnings on the Rise

The tobacco industry has defied countless calls over the years for its imminent demise, and Altria Group (NYSE:MO) has managed to retain its leadership over the industry even after giving up a big part of its empire. Many investors believed that when Alt
Motley Fool
added Apr 26, 2016 20:13

[Asia] China state firms' first-quarter profits fall 13.8 percent

Profits at China's state-owned firms fell 13.8 percent in the first quarter from a year earlier, though the rate of decline eased slightly from the first two months of the year, the Ministry of Finance said on Tuesday. Total profits at state firms were
added Apr 26, 2016 19:05

[Asia] Indian Marlboro-maker falls amid government plan to ban FDI

Shares in India's licensed producer of Marlboro-branded cigarettes fell 17 per cent on Tuesday on news of a government plan to ban all foreign direct investment and licensing of foreign brands in the tobacco sector.
Financial Times (uk)
added Apr 26, 2016 18:39
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