Sort by: Date added | Date Published | Most Viewed

Headlines Tagged with Investing 2,439 headlines found

16 Views

[USA] UK plain-packaging support bruises tobacco firms

“The news is likely to be an immediate negative for IMT, but we think much of the impact is in the price. Either way, this feels like ‘high noon’, and we expect a strong legal challenge,” said Martin Deboo, analyst at Investec Securities in a note.
MarketWatch (Wall St. Journal)
added Mar 7, 2013 04:15
16 Views

What's The Impact Of Russia's Anti-Smoking Law On Philip Morris?

ssia’s population is just around 10% of China, but it is the world’s second largest tobacco market after China. Hence, the law is bad news for international tobacco companies like Philip Morris International Inc. (NYSE:PM), British American Tobacco Plc (B
Trefis
added Feb 6, 2013 19:58
16 Views

[Indonesia] Gudang Garam Profit Goes Up In Smoke Despite Sales Rise

Profit at Gudang Garam, the country’s leading clove cigarette maker, fell 22 percent in the first nine months this year compared to the same period last year despite an increase in sales. The Kediri, East Java-based company, said its net income fell to
Jakarta Globe (id)
added Oct 31, 2012 19:48
16 Views

Star Scientific falls as settlement disclosed

Shares of Star Scientific fell 6 percent on Tuesday as investors likely viewed a $5 million payout in a patent dispute settlement as smaller than anticipated.
AP - Associated Press
added Oct 23, 2012 20:16
16 Views

Tobacco Bonds Rally With No Sign of 2042 Mortality: Muni Credit

More than $15 billion of municipal bonds backed by tobacco-company payments will default within 30 years, Moody’s Investors Service says. That’s not deterring investors from reaping the best returns in the tax-free market.
Bloomberg News
added Jul 20, 2012 16:34
15 Views

Altria to Launch E-Cig as Cigarette Demand Softens

--Profit lifted by credit, higher cigarette and smokeless pricing --Total cigarette market share reaches highest level in four years --Altria to enter e-cigarette market in back half of 2013
NASDAQ
added Apr 25, 2013 13:43
15 Views

[North Carolina] Tatum v. R.J. Reynolds Tobacco Co., et al.: real implications for ERISA’s “hypothetical prudent fiduciary” standard

On February 25, 2013, the U.S. District Court for the Middle District of North Carolina issued an opinion and final judgment ruling in favor of defendant R.J. Reynolds Tobacco Company (“RJR”) in a nationwide class action asserting breach of fiduciary dut
Lexology (uk)
added Apr 10, 2013 14:02
15 Views

[New York] Breakable bonds leave city a winner in smoking slowdown

But Newman, the former deputy comptroller, doesn’t see it that way. While emphasizing that a potential default was still a long way off, he said that the city needs to keep in mind what investors will think the next time it goes to the market with a bon
New York World (Columbia University Graduate School of Journalism)
added Feb 6, 2013 20:57
15 Views

Philip Morris shares rise on upgrade

Shares of Phillip Morris rose after a Goldman Sachs analyst raised her rating and price target on Friday, saying the cigarette maker's exposure to emerging markets should help drive double-digit earnings per share growth. THE SPARK: Judy Hong moved the
AP - Associated Press
added Jan 12, 2013 11:32
15 Views

[UK] MARKET REPORT: Big Tobacco hit by European Union proposals

The plans stop short of a prohibition on coloured packaging, as has been imposed in Australia, but they do give individual EU governments the power to insist on such a measure. The tobacco industry is spluttering, presumably with rage.
This is Money (uk)
added Dec 18, 2012 02:36
Sign up for daily headlines All Headlines Featured Headlines U.S. Headlines International Headlines