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Headlines Tagged with Investing 4,106 headlines found


[Australia] Verified Tobacco-Free

I’m an oncologist and the Founder and CEO of Tobacco Free Portfolios. In 2010, I found out by accident that my Super Fund invested my money in tobacco companies – the very companies that made the products that caused my patients unimaginable harm. In fa
added Aug 1, 2017 00:33

[Asia, USA] Indian Cigarette Makers May Feel The Heat As U.S. Proposes Nicotine Cut

U.S. regulator’s policy would be a deterrent for new smokers, said Sanjay Manyal, equity research analyst... However, a policy like this to get implemented may take time and its impact on the Indian tobacco industry can be assessed only after regulation d
Bloomberg News
added Jul 31, 2017 23:23

European Tobacco Shares Extend Losses After FDA Move to Lower Nicotine Levels

European and Asian tobacco companies extended declines Monday amid investors concern that a move by the U.S. Food & Drug Administration to cut the level of nicotine to "non-addictive" levels could slash sales in the $26 billion cigarette market.
added Jul 31, 2017 18:03

[UK] How millions of us have become dependent on tobacco - for income

Even if you do not directly own shares in Britain’s two biggest tobacco firms – British American Tobacco and Imperial Brands – you are quite likely to have exposure via pensions, Isas or other funds. Currently, 47 out of the 84 funds in the UK Equity In
Electronic Telegraph (uk)
added Jul 31, 2017 12:28

[Europe] Tobacco shares nosedive on FDA regulation warning

Neil Wilson of ETX Capital said it was "hard to overstate" what falling numbers of addicts and less frequent smoking could mean for corporate revenues. "This will blow a hole in their earnings and forces a fundamental re-evaluation of earnings," he said
The Daily Mail and Mail on Sunday (uk)
added Jul 30, 2017 12:41

FDA move on nicotine could boost Philip Morris iQOS smoking device

"We believe this could prove to be an opportunity over the long term for reduced-risk products and, therefore, Altria/(Philip Morris) as they have a unique competitive advantage with iQOS,” Bonnie Herzog, a tobacco industry analyst at Wells Fargo Securit
added Jul 30, 2017 11:44

[North Carolina] FDA focus on menthol flavoring, low nicotine levels rattles investors

Menthol’s popularity with smokers led Reynolds American Inc. to spend $29.25 billion in June 2015 to acquire Newport from Lorillard Inc. Reynolds, now fully owned by British American Tobacco PLC, holds 56 percent of the U.S. menthol cigarette market shar
Winston-Salem (NC) Journal
added Jul 29, 2017 19:47

VIDEO: Altria shares plunge after FDA releases road map to curb tobacco-related deaths

In an email, a British American Tobacco spokesperson told CNBC that the company's Reynolds American unit was "encouraged" by Gottlieb's comments. "Dr. Gottlieb's comments regarding nicotine and menthol do not come as a surprise to us," the spokesperson
added Jul 29, 2017 13:32

GROSS: Tobacco Investors Just Learned That Trump Isn’t the Salvation of Every Odious Industry

That’s the mistake tobacco investors made. Gottlieb, after all, is a physician, and a cancer survivor to boot. The science and medicine surrounding tobacco is long since settled, and the consensus is broad. The product has been regulated, without much co
added Jul 29, 2017 13:29

Cigarette maker stocks plunge on FDA announcement, but health experts are skeptical

“What didn’t happen today is an announcement on actual regulation... What happened was an announcement that a docket would be opened,” said Dave Dobbins, the chief operating officer of antismoking nonprofit Truth Initiative, referring to the FDA docket t
CBS MarketWatch
added Jul 29, 2017 13:26
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