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Headlines Tagged with Investing 4,026 headlines found


[Asia-pacific] Japan Tobacco Profit Gains as Smokers Stock Up Before Price Hike

Japan Tobacco Inc. profit rose in the first quarter as smokers stocked up on cigarettes before a planned price increase and the company gained on the sale of real estate assets. Net income jumped about 40 percent to 145.4 billion yen ($1.36 billion) in th
Bloomberg News
added May 2, 2016 15:03

Here Is the One Stock to Buy to Profit From the Vaping, E-Cigarette Craze

With a strong balance sheet, proven management and a vast global footprint, Philip Morris is the safest way to profit from e-cig growth, as traditional cigarette use declines. Instead of letting e-cigs eat its lunch, Philip Morris is pivoting to co-opt t
added Apr 16, 2016 21:42

Graphic warning labels and the demand for cigarettes

Tobacco companies’ stock prices indeed realised significant abnormal returns after GWL news, consistent with expected negative effects on cigarette demand. Our estimates suggest investors expected GWLs to reduce the number of smokers by an extra 2.4–6.9 m
Tobacco Control
added Mar 26, 2016 16:57

Announcement: Moody's: Foreign-exchange headwinds to be less severe for European tobacco companies in 2016

Pressure on European tobacco companies' operating profit caused by foreign exchange (forex) volatility will ease in 2016, Moody's Investors Service (Moody's) has said today. The appreciation of the US dollar and sterling compared to other currencies in b
Moody's Investors Service
added Mar 18, 2016 13:43

A look at college investments that have been questioned

many colleges continue to invest in major tobacco companies. In 2014, the University of Illinois banned smoking on all campus property. But the same year, records show, it invested in Philip Morris...some University of Wisconsin campuses have banned toba
AP - Associated Press
added Mar 17, 2016 20:58

[Asia, India] Power-puffed! Tobacco stocks recover despite 10-15% excise duty hike

Godfrey Phillips India Stocks of tobacco product manufacturers and cigarette makers showed impressive recovery in the second half of the session and ended higher despite the Finance Minister Arun Jaitley proposed 10-15% hike in excise duty on tobacco pr
added Feb 29, 2016 16:51

[Florida] Students smoke to call attention to USF's tobacco investments

Some University of South Florida students trying to call attention to the school’s investment policy are organizing a smoking party Wednesday on campus; the campus officially became smoke-free this academic year and the students say it’s hypocritical for
WMNF 88.5 FM Community Radio (Tampa, FL)
added Feb 25, 2016 05:27

[Denmark] UPDATE 1-Scandinavian Tobacco Group gets market cap of 10 bln DKK in Copenhagen IPO

* STG sets IPO price at 100 DKK/shr vs initial range 93-110 * STG IPO is Europe's largest so far this year (Adds detail, background)
added Feb 13, 2016 15:54

Universal Corporation Announces Quarterly Dividends

Directors declared a quarterly dividend of fifty-three cents ($0.53) per share on the common shares of the Company, payable May 9, 2016, to common shareholders of record at the close of business on April 11, 2016.
PR Newswire
added Feb 3, 2016 22:36

Pensionfund DSM Netherlands Has $6,901,000 Stake in Philip Morris International Inc. (PM)

Pensionfund DSM Netherlands reduced its stake in Philip Morris International Inc. (NYSE:PM) by 13.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 78,500 shares of the company’s stoc
added Jan 9, 2016 18:25
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