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Headlines Tagged with Investing 4,008 headlines found

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Slow profit growth to keep European tobacco stable till 2015

The outlook for the European tobacco industry will remain stable over the next 12-18 months, reflecting an expected slowing of operating profit growth to around 4.5%-5.5% versus the previous expectation of 7% growth, Moody's said in its latest Industry O
Financial Mirror (uk)
added Jul 29, 2013 15:40
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Imperial Tobacco Reports First Profit Decline in 17 Years (3)

Imperial Tobacco Group Plc (IMT), Europe’s second-biggest tobacco company, reported the first drop in earnings since it listed on the stock market 17 years ago because of worsening conditions in Europe. Adjusted operating profit fell 6.5 percent to 1.43
Business Week/Bloomberg
added Apr 30, 2013 15:11
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[UK] BAT lifts prices to offset slowing sales

Global demand for cigarettes continued to slide as British American Tobacco, the world’s second-largest tobacco company by market share, opted to increase prices to redress slowing sales volumes.
Financial Times (uk)
added Apr 25, 2013 16:35
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Reynolds American reports big increase in quarterly income

The company benefited not only from increased market share for its Pall Mall, Camel, Grizzly and Natural American Spirit brands, but also higher prices passed along to vendors and wholesalers. Net sales were down 2.6 percent to $1.88 billion.
Winston-Salem (NC) Journal
added Apr 24, 2013 10:01
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Philip Morris's CEO Discusses Q1 2013 Results - Earnings Call Transcript

so far it's early, but so far especially on the smoking, on consumption of cigarette in Australia, you don't really see, as expected, frankly speaking, any impact coming from the plain packaging, despite what was promised at the beginning
Seeking Alpha blog network
added Apr 18, 2013 14:20
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[Australia] BARNSLEY: Butt out of pensioners' lives

The Retirement Benefits Fund should not invest in the tobacco industry, writes Kathryn Barnsley. ... It is not only unethical, immoral, corrupt and has behaved with criminal intent, but it is an industry that will eventually die off as countries realis
Hobart (Tas) Mercury (au)
added Mar 18, 2013 10:13
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[New York] Will Michael Bloomberg's Policies Topple the Domestic Tobacco Industry?

It could be years before we really understand the effects of mayor Bloomberg's public smoking bans, but I wouldn't be surprised to see other major cities adopt similar bans in the not-too-distant future. Domestic tobacco makers may be running on borrowed
Motley Fool
added Mar 9, 2013 19:08
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Tobacco shares fall on possible UK regulation

The UK publication The Guardian reported that ministers there will introduce plain packaging for cigarettes after becoming convinced that the branding is a key factor in why young people start to smoke. The report says that the legislation will be announ
AP - Associated Press
added Mar 7, 2013 04:09
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Australian government pension fund dumps tobacco

The Australian government's pension fund for public servants Thursday announced it would sell off its Aus$222 (US$228) million holdings in tobacco companies following the nation's move towards plain packaging.
AFP - Agence France Presse (fr)
added Feb 28, 2013 04:58
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[UK] Traditional thinking on tobacco investing goes up in smoke

A report released today casts serious doubt over the assertion that pension funds are 'duty bound' to invest in tobacco. The report follows an investigation by The Independent which found that councils across Britain have at least £1.3 billion of
FairPensions (uk)
added Feb 26, 2013 10:56
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