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Headlines Tagged with Investing 4,108 headlines found


[Greece] What Philip Morris' Plant Conversion Could Mean for the Stock

Along with Papastratos, Philip Morris has a plant near Bologna in Italy, which is fully engaged in the manufacturing of smoke-free products. Further, the company plans to undertake either partial or complete transformation of its cigarette producing facil
Zacks Investment Research, Inc.
added Mar 22, 2018 15:43

FDA Publishes Advance Notice of Proposed Rulemaking (ANPRM) on Lowering Nicotine in Cigarettes

Henry Sicignano III, President and Chief Executive Officer of 22nd Century Group, will meet this week with institutional investors in New York, Chicago and Boston to discuss the industry-wide implications of the FDA’s sweeping new plan.
Business Wire
added Mar 20, 2018 01:41

Tobacco Stocks Threatened by FDA Crackdown

The move is set to disrupt the tobacco industry and accelerate an ongoing shift away from cigarettes and toward new smoking technologies. The decision is unprecedented for the FDA, which only just received permission to regulate tobacco products in 2009,
added Mar 18, 2018 01:14

ILO chief wants to cut ties with big tobacco. Will the governing body heed the call?

This week, more than 200 organizations globally called on ILO’s governing body to put in place policies prohibiting further collaboration with the tobacco industry. This, they argue, is in line with the ILO Secretariat’s recent recommendations that the b
added Mar 15, 2018 17:14

[North Carolina] FDA moving forward on effort to reduce nicotine levels in cigarettes

Analysts and advocates say the FDA notice kicks off a multi-year process... "The critical decision is how quickly to reduce nicotine: we expect the scientific community to rally around an immediate vs gradual reduction in nicotine levels in cigarettes —
Winston-Salem (NC) Journal
added Mar 15, 2018 17:13

Altria could grow earnings at double-digit pace through 2020: Barron's

Herzog of Wells Fargo Securities predicts the U.S. Food and Drug Administration will approve Philip Morris’ IQOS (I-Quit-Ordinary Smoking), a system that heats tobacco cigarettes rather than burns them, as soon as this year.
added Mar 12, 2018 21:21

Altria Isn't Giving Up on Traditional Cigarettes

The future of cigarettes may be smoke-free, but tobacco giant Altria (NYSE:MO) wants investors to know it's still investing in regular cigarettes to maximize income. Its Marlboro brand may have lost some market share in 2017, but it remains the leader by
Motley Fool
added Mar 10, 2018 14:58

Tobacco, Weapons Exclusions Reduce Norway Fund’s Returns

Norges Bank Investment Management, which manages Norway’s $1.1 trillion Government Pension Fund Global, said that the exclusion of tobacco companies and certain weapons manufacturers have reduced the fund’s returns, in a recent report on the fund’s risk a
aiCIO (Asset International for Institutional Chief Investment Officers)
added Mar 8, 2018 23:36

Robeco confirms it will sell out of tobacco stocks

Robeco, which manages €161bn in assets, told Financial News in February it was considering the move amid growing evidence that pension scheme members had concerns about investing in tobacco. The asset manager has more than €129m invested in tobacco comp (uk)
added Mar 8, 2018 03:36

Robeco to exclude tobacco investments from mutual funds

Dutch asset manager Robeco, part of Japan’s Orix Corporation, said on Wednesday it planned to exclude tobacco-related investments from its mutual funds because of its social impact. The decision will impact all of Robeco’s mainstream fund range, but not
added Mar 8, 2018 02:03
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