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Headlines Tagged with Investing 2,439 headlines found

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Reynolds American reports big increase in quarterly income

The company benefited not only from increased market share for its Pall Mall, Camel, Grizzly and Natural American Spirit brands, but also higher prices passed along to vendors and wholesalers. Net sales were down 2.6 percent to $1.88 billion.
Winston-Salem (NC) Journal
added Apr 24, 2013 10:01
8 Views

Marlboro sales, market share eyed as cigarette maker Altria Group reports 1Q results Thursday

The premium Marlboro brand has been under pressure from competitors and lower-priced cigarette brands as consumers face economic pressure and high unemployment. Those economic challenges are in addition to the tax hikes, smoking bans, health concerns and
AP - Associated Press
added Apr 24, 2013 09:03
14 Views

Reynolds American 1st-Quarter Cigarette Volume Slumps

--Reynolds American's profit rises on lower costs, credit --Adjusted profit exceeds expectations even as cigarette volume drops (Updates throughout with additional financial details.)
Dow Jones News Service
added Apr 23, 2013 14:28
4 Views

[Australia, Norway] Brisbane Times Ethics first as super investors get tough on tobacco

Australian Ethical has put the pressure on Norwegian company TOMRA to stop selling tobacco sorting machines. An Australian superannuation and investment fund is leading an international effort to pressure a Norwegian machinery maker to leave the tobacco
Brisbane (QLD) Times (au)
added Apr 26, 2013 21:34
6 Views

[Australia] Ethics first as super investors get tough on tobacco

An Australian superannuation and investment fund is leading an international effort to pressure a Norwegian machinery maker to leave the tobacco industry. In what amounts to a new front in the war against tobacco, Australian Ethical will put forward a r
Canberra (ACT) Times (au)
added Apr 23, 2013 14:25
3 Views

[Australia] Aussie super fund dips a toe into anti-tobacco activism

Australian Ethical owns less than 1% of TOMRA, which has a market capitalisation of $1.3 billion. But the Australian fund has managed to cobble together the votes needed to put up a resolution at TOMRA’s AGM, on April 22, which if passed would force the
Crikey (au)
added Apr 23, 2013 14:24
6 Views

TCI Trumpets Investment in Japan Tobacco

TCI, which manages more than $9 billion, invested in the tobacco company in summer 2011. It has since more than doubled. “It is one of our most successful investments in recent years, a turnaround investment,” said Veldhuijzen, a partner and analyst at t
Wall Street Journal Blogs
added Apr 22, 2013 20:11
20 Views

[Europe] Philip Morris' Cigarette Volumes Slump Worsened By New Philippines Tax

Philip Morris International (NYSE:PM) reported its first quarter earning results on April 18. As expected, the company witnessed a sharp decline in cigarette volumes primarily due to an abrupt hike in indirect taxes in Philippines and continuing weakness
Trefis
added Apr 20, 2013 12:40
1 View

Philip Morris 1st-Quarter Net Down 1.7% on Higher Expenses

Philip Morris International Inc.'s (PM) first-quarter profit shrank 1.7% as the tobacco giant's higher costs offset stronger revenue.
Dow Jones News Service
added Apr 18, 2013 20:53
4 Views

Philip Morris International Earnings Slip

The maker of Marlboro and L&M cigarettes for sale outside the U.S. reported that volume slumped 6.5%, hurt by declines across nearly all markets, most notably Asia and the European Union.
The Wall Street Journal Interactive Edition
added Apr 18, 2013 15:53
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