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Tobacco’s a Hot Prospect in 2018

Bennett writes that Philip Morris should benefit from the Tobacco Products Scientific Advisory Committee's review of its iQOS system expected next week, which could help it gain ground after recent pressures. At Altria, he writes that the focus will be on
Barron's
added Jan 22, 2018 05:45
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5 Things Philip Morris Management Wants You to Know

Following the company's most recent earnings report, Philip Morris CFO Jacek Olczak made comments about the results. By looking at them, you can get a better sense of what Philip Morris sees as its long-term strategy. 1. iQOS is the growth driver for Phi
Motley Fool
added Oct 31, 2017 02:56
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What to Expect From Big Tobacco In 2017

Through price hikes, cost-cutting, and consolidation, U.S. tobacco companies have continued doing well. With the industry's most basic problem -- fewer smokers in many areas -- still front and center 2017 is likely to hold more of the same. Also look fo
Motley Fool
added Jan 6, 2017 01:52
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[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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[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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