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Headlines Tagged with Investing 4,271 headlines found


[UK] Brexit: Tobacco companies defy stock market sell-off - why are they so popular with investors?

the anti-smoking lobby has failed on one count – to sufficiently dent the fortunes of tobacco companies on the stock market. Despite the battering the UK stock market has taken since Friday’s Brexit announcement, shares in tobacco companies have risen. I
City A.M. (uk)
added Jun 29, 2016 04:25

[UK] Price increases and better product mixes will help European tobacco companies weather the plain packaging storm, according to Moody's

Price increases and stronger product mixes will help European tobacco companies stub out the negative effects of new plain packaging regulations and declining volumes, according to new research from Moody's. European tobacco giants Imperial Brands, Phil
City A.M. (uk)
added Jun 16, 2016 13:43

[China, Indonesia] VIDEO: Ash to cash: Big Tobacco's big profits

We examine why, despite health warnings, the tobacco industry remains a multibillion-dollar global industry... The tobacco industry has annual revenues of nearly $500bn. The number of cigarettes manufactured and sold has risen to six trillion every year w
Al-Jazeera (qt)
added Jun 7, 2016 15:48

[France] Axa to Divest Its Tobacco Industry Assets Worth $2 Billion

“This decision has a cost for us, but the case for divestment is clear: the human cost of tobacco is tragic; its economic cost is huge,” Deputy Chief Executive Officer Thomas Buberl, who will become CEO in September, said in the statement. “It makes no s
Bloomberg News
added May 23, 2016 19:16

[Europe, UK] Fitch: Widespread Plain Packaging May Hit Tobacco Credit Profiles

International tobacco companies may have to choose between maintaining their credit profiles and their high dividend payouts if plain cigarette packaging becomes more widespread, Fitch Ratings says. UK plain packaging laws come into force today after the
Fitch Ratings
added May 21, 2016 01:39

Philip Morris International Inc. (PMI) Reports 2016 First-Quarter Results; Increases, for Currency Only, 2016 Full-Year Reported Diluted EPS Forecast to a Range of $4.40 to $4.50

“In line with our expectations, our first-quarter financial results reflected a tough comparison with the exceptionally strong first quarter of last year”
Business Wire
added Apr 19, 2016 13:59

[Europe] 22nd Century to Emphasize Disruptive and Proprietary Smoking Harm Reduction Products / Company Releases 2015 Annual Report Letter to Shareholders

we are not yet profitable and we did not expand the sales of our commercial products as quickly or as broadly as we would have liked... we believe that 22nd Century’s BRAND B higher nicotine cigarettes may in fact qualify for Modified Risk Tobacco Product
Business Wire
added Apr 14, 2016 15:27

Ranger International: In this issue: Tobacco stocks as melting ice cubes

the multi-decade growth story in this industry has turned to one of decay. This dynamic includes emerging markets where growth is no longer strong and currencies have become a headwind...why should tobacco stocks be selling at premiums when they historic
added Apr 13, 2016 15:34

Waters Parkerson buys $25.5 Million stake in Philip Morris International (PM)

LA Mirror
added Apr 5, 2016 15:40

[California] CalPERS rethinks ban on tobacco stocks

CalPERS is considering ending its 15-year-old ban on tobacco company investments after a consultant said the ban has cost the pension fund roughly $3 billion in lost profits. The reconsideration of CalPERS’ tobacco prohibition comes as part of a broader
Sacramento (CA) Bee
added Apr 4, 2016 19:04
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