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[UK, USA] LONDON MARKET CLOSE: Tobacco Stocks End Up On US E-Cigarette Crackdown

On the London Stock Exchange, tobacco stocks ended as the best blue chip performers after the head of the [FDA] said the agency could ban all flavoured e-cigarettes due to their popularity among teenagers, CNBC reported.
MorningStar UK (uk)
added Sep 14, 2018 17:30
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Tobacco Stocks Jump After FDA Threatens E-Cig Crackdown

Altria Group and British American Tobacco gained the most intraday since 2008, rising as much as 7.7 percent and 6.9 percent, respectively. Philip Morris rose the most in more than three years. The agency has asked that the five top-selling national e-ci
Bloomberg News
added Sep 14, 2018 03:23
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FDA threatens a ban on flavoured ecigarettes

Shares in tobacco companies jumped as investors calculated that big tobacco would weather the enforcement action better than Juul, which has shocked the industry by grabbing more than 70 per cent of the ecigarette market since it launched in 2015.
Financial Times (uk)
added Sep 12, 2018 19:52
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The London Report: Cigarette makers push FTSE 100 higher

with [BAT] rallying from near a three-year low, after the US health regulator threatened to ban vapour ecigarettes due to an “epidemic” of use among children. Analysts said that Juul, the fast-growing independent vaping brand, was most at risk due to its
Financial Times (uk)
added Sep 12, 2018 19:50
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Philip Morris International Inc. Declares Regular Quarterly Dividend of $1.14 Per Share

Business Wire
added Sep 12, 2018 17:43
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Asset manager Candriam extends thermal coal, tobacco exclusions

Asset manager Candriam, part of New York Life Company, said on Wednesday it would exclude companies with more than a 10 percent exposure to thermal coal or tobacco from all of its funds by Dec. 31.
Reuters
added Sep 12, 2018 17:07
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[UK] Tobacco firms used to pay council pension as Suffolk loses almost £160 million to smoking every year

Tobacco firms are sill being used to grow Suffolk county Council’s pension fund - despite new figures showing smoking costs Suffolk almost £160 million a year. Sandy Martin MP speaking at the Suffolk Chamber in Greater Ipswich Networking Brunch with Sand
East Anglian Daily Times (uk)
added Sep 12, 2018 14:00
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Opinion: Seven reasons Big Tobacco is likely to make a move on the marijuana industry

1. In many ways, the marijuana business is complementary to their existing tobacco business...Tobacco companies will likely provide a big step for marijuana investors to make multimillions. However, investors will need to be patient and be tuned to sourc
MarketWatch (Wall St. Journal)
added Sep 11, 2018 14:41
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[New York] Class Claims ‘Rosy Statements’ Preceded Massive Philip Morris Stock Price Drop

Philip Morris executives sold off millions of dollars stock while withholding information about the company’s stagnant sales, investors claim in a class action. Fild by lead plaintiff City of Westland Police and Fire Retirement System...on behalf of anyo
Courthouse News
added Sep 11, 2018 07:33
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EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Philip Morris International Inc. – PM

announces the filing of a class action lawsuit on behalf of purchasers of the securities of Philip Morris International Inc. (NYSE: PM) from February 8, 2018 through April 18, 2018, both dates inclusive (“Class Period”). The lawsuit seeks to recover damag
Business Wire
added Sep 10, 2018 03:43
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