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Headlines Tagged with Investing 4,031 headlines found

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[Asia, Asia-pacific] Activist Hedge Fund Profits in Private as Japan Tobacco Says No

Though it lost every proxy fight, the Children’s Investment Fund claims a list of wins. Japan Tobacco Inc. boosted its payout ratio and said it would exit its beverage businesses. The state sold some of its stake. Since May 2011, the month the fund says i
Bloomberg News
added Jun 21, 2015 17:09
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Lorillard Shareholders Overwhelmingly Approve Combination with Reynolds American

The final results indicate that more than 98% of the shares voting at the special meeting voted in favor of the proposal, representing approximately 80% of all outstanding shares.
PR Newswire
added Jan 28, 2015 12:19
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[Africa] Egyptian Investors’ Visit Spark Excitement For Malawi’s Tobacco Fortunes

Malawi’s Tobacco Control Commission (TCC) says its tobacco industry is set for a major boost following the visit of a group of 16 Egyptian tobacco investors who where on ground recently to explore local opportunities. “The delegation will hold discussion
VENTURES AFRICA (ng)
added Sep 22, 2014 22:44
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[UK] Havering Council tobacco investment ignites health row

Havering Council’s growing investment in tobacco companies has been condemned by health campaigners as “ethically and morally unacceptable”. Nearly £2.5million of the authority’s pension pot is tied up in shares with companies that make cigarettes, cigar
Romford Recorder (uk)
added Sep 13, 2014 19:59
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[UK] Tobacco – Australia data provides ammunition for plain packaging elsewhere

Alert: Significant drop in smoking rates there likely to be used by UK government as evidence that plain packaging “works”
Citi Research
added Jul 23, 2014 15:47
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Lorillard Bulls Light Up on Reynolds Deal Speculation

Combining Reynolds and Lorillard would rank as the biggest-ever tobacco merger, creating a company with more than $13 billion in annual sales to rival Altria’s nearly $18 billion in yearly revenue, according to data compiled by Bloomberg. Photographer: C
Business Week/Bloomberg
added Jul 3, 2014 19:02
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[North Carolina] Analyst speculates on Reynolds spin-off

Wells Fargo Securities analyst Bonnie Herzog calls Santa Fe “an unappreciated asset” considering Natural American has become a Top10- U.S. brand with a 1.5 percent market share since Reynolds bought the company for $340 million in January 2002.
Winston-Salem (NC) Journal
added Jun 23, 2014 10:23
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[Massachusetts] Lorillard Inc. (LO): Lorillard's CEO Discusses Q3 2013 Results

We felt strongly about our position on appeal and we took it to the highest court in Massachusetts, the court agreed with us on numerous points and vacated punitive damages, but the court disagreed with us on the compensatory damages. Accordingly, we have
Seeking Alpha blog network
added Oct 24, 2013 03:40
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Tobacco Sees Best Gain Since April After 17% Drop: Muni Credit

The $84 billion market for junk-rated tobacco bonds, one of the weakest areas of municipal debt this year, is rallying to a one-month high after a ruling against cigarette makers in a payment dispute with states.
Bloomberg News
added Sep 28, 2013 21:00
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[North Carolina] Analyst projection: E-cigs will overtake traditional tobacco revenue at Reynolds in 2021

Bonnie Herzog, with Wells Fargo Securities, has estimated Reynolds will have $4 billion in revenue from e-cigs in 2021 compared with $3.9 billion from conventional cigarettes. That’s compared with barely any e-cig revenue and $6.4 billion in conventiona
Winston-Salem (NC) Journal
added Sep 17, 2013 07:34
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