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[Ireland] Fleming fumes over tobacco hazard for State agencies

Tobacco should be added to a list including cluster munitions and antipersonnel mines in which State agencies are prohibited from investing, the Dáil has heard. Chairman of the Public Accounts Committee Seán Fleming said legislation which bans investment
Irish Times (ie)
added Jan 19, 2017 15:13
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The Latest: Alabama Dem asks Trump, Lewis to end feud

Franken asked how he squared his ownership of tobacco stock and his vote against a 2009 bill bolstering tobacco regulations with his doctor's oath to do no harm. Price said he assumed the stocks were part of broader mutual funds or pension plans he owned
AP - Associated Press
added Jan 18, 2017 21:38
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[UK] Tobacco giant set to unveil £4m investment in Southampton site after agreeing £40.8bn takeover

BAT – one of Southampton’s biggest employers – has agreed a £40.8 billion takeover... It comes in the same week that company is due to unveil a £4m investment in its Southampton site which will become the home of its Global Supply Network Operation.
Southern Daily Echo (uk)
added Jan 18, 2017 21:05
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Fitch: Higher Reynolds Bid Points to Two-Notch Downgrade for BAT

The increased price and cash component of British American Tobacco's (BAT) revised deal to acquire full control of Reynolds American will result in higher leverage than under the original proposal, Fitch Ratings says. It also means a two-notch downgrade i
Reuters
added Jan 17, 2017 22:05
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[Florida] People Can Still Sue Tobacco Companies Over Health

It will also create the biggest target for more lawsuits related to the harmful effects of tobacco use...But fear of lawsuits...has taken a backseat to fears of being left behind in the consolidation of the tobacco business. Higher taxes, more public educ
24/7 Wall Street
added Jan 17, 2017 19:16
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British American's Acquisition Of Reynolds Makes It Jefferies' Preferred Global Tobacco Play

The note was written ahead of the deal announced by the companies, on the assumption that the deal would come through. After British American Tobacco sweetened its bid for buying the 57.8 percent stake it does not already own in Reynolds American, the co
Benzinga.com
added Jan 17, 2017 18:58
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Ireland's investment body could be stopped investing in tobacco - but doesn't invest very much in tobacco

A LAW HAS been proposed that would see Ireland’s Strategic Investment Fund (ISIF) banned from investing in tobacco companies. The proposal was floated by Fianna Fáil Seanad Spokesperson on Health and Mental Health, Dr Keith Swanick.
The Journal.ie (ie)
added Jan 17, 2017 00:05
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[Ireland] The Irish State has just sold its shares in big tobacco companies

THE IRISH STATE’S sovereign wealth fund has just sold all of its shares in tobacco companies in a move to offload some of its ‘legacy investments’. Finance Minister Michael Noonan announced today that the Ireland Strategic Investment Fund (Isif) “has com
The Journal.ie (ie)
added Jan 17, 2017 00:04
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Will 2017 Be Philip Morris International, Inc.'s Worst Year Yet?

2017 has plenty of potential for Philip Morris International, and despite the issues above, there are reasons for optimism. Nevertheless, if these key factors go wrong for the company, 2017 could be one of the worst years Philip Morris has ever faced.
Motley Fool
added Jan 7, 2017 19:44
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British American Tobacco: Reynolds American deal stopped for an unexpected problem

It seems, for reasons that have not been specified, that the deal that should see British American Tobacco (BTI) buying the rest of Reynolds American (NYSE:RAI) for $47 billion in cash and stock, has run into an unexpected problem, as reported by the web
GuruFocus.com
added Jan 7, 2017 19:38
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