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[UK] Revealed: cancer scientists' pensions invested in tobacco

Pension fund for academics funded by Cancer Research UK invested £211m in British American Tobacco last year ... The Universities Superannuation Scheme (USS) – the official name for the fund for university academics and staff – was worth £49bn in 2015. T
The Guardian (uk)
added May 30, 2016 00:49
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[North Carolina] Reynolds establishes another stock-trading plan for executives

said Friday that 11 management officials, including chief executive Susan Cameron, have established stock-trading plans as allowed by federal securities regulations.
Winston-Salem (NC) Journal
added May 28, 2016 16:22
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Could the World's Most Effective Quit Smoking Aid be a Low Nicotine Cigarette? US Public Health Officials Think So

22nd Century Group (NYSE MKT: XXII) is a plant biotechnology company whose 200 patents worth of technology allows it to decrease or increase the level of nicotine in tobacco plants through plant breeding and genetic engineering. The Company's main focus,
Baystreet.ca
added May 25, 2016 23:33
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[France] Axa to divest €1.8bn of tobacco investments

Investors immediately sold London-listed tobacco stocks, as AXA’s move raised the prospect of other global investors following suit. Shares in Imperial closed down 1% and British American Tobacco lost 0.75%, both underperforming the FTSE100’s 0.3% decli
The Guardian (uk)
added May 25, 2016 16:39
4 Views

[France] axa’s decision to quit tobacco could be a model for insurers

Axa’s decision to stop investing in tobacco companies is further proof that Big Tobacco is bad business. This is a great opportunity for other insurers to examine their own portfolios.
Truth Initiative (American Legacy Foundation)
added May 25, 2016 03:26
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[France] Axa has said it will sell its tobacco portfolio because of its "tragic" human cost

"With this divestment from tobacco, we are doing our share to support the efforts of governments around the world," Buberl said. "This decision has a cost for us, but the case for divestment is clear: the human cost of tobacco is tragic; its economic co
City A.M. (uk)
added May 23, 2016 19:16
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[France] Insurer AXA to pull out of tobacco investments

AXA said it would divest its 200 million euros of equity holdings in tobacco companies immediately. It plans to stop all new investments in tobacco industry corporate bonds and to run off its existing holdings worth about 1.6 billion euros.
Reuters
added May 23, 2016 19:16
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[France] Axa to Divest Its Tobacco Industry Assets Worth $2 Billion

“This decision has a cost for us, but the case for divestment is clear: the human cost of tobacco is tragic; its economic cost is huge,” Deputy Chief Executive Officer Thomas Buberl, who will become CEO in September, said in the statement. “It makes no s
Bloomberg News
added May 23, 2016 19:16
3 Views

[France] Axa Gives Up World-Beating Returns by Quitting Smoking: Chart

Despite Big Tobacco’s investments into e-cigarettes and potentially lower-risk alternatives to smoking, insurer Axa SA announced Monday it would stop investing in the sector due to the prevalence of smoking-related diseases. The company currently owns sha
Bloomberg News
added May 23, 2016 19:16
16 Views

[UK] Is this the end for British American Tobacco plc and Imperial Brands plc?

While at first glance these earnings and dividend increases look positive, personally I’d be approaching the tobacco companies with an air of caution right now.
Motley Fool UK
added May 23, 2016 19:16
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