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Headlines Tagged with Investing 4,007 headlines found

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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
Slate
added Jul 29, 2017 13:29
11 Views

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
5 Views

Tobacco bond prices weaker after U.S. proposes cigarette nicotine cut

In response the S&P Municipal Bond Tobacco Total Return Index, a broad measure of tobacco settlement bond sector performance which also includes some investment-grade paper, fell 0.71 percent on Friday
NASDAQ
added Jul 29, 2017 13:18
11 Views

FDA Seeks to Reduce Nicotine in Cigarettes to Nonaddictive Levels ($$)

Tobacco company shares tumble on move
The Wall Street Journal Interactive Edition
added Jul 28, 2017 20:54
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Tobacco Bondholders Shrug Off FDA News While Cigarette Stocks Are Hit Hard

Judging by the reaction in the corporate and municipal bond markets, the chances that cash flows will be interrupted seem relatively thin -- at least for now. There were only a handful of trades on Friday in the $86.5 billion market for debt backed by p
Bloomberg News
added Jul 28, 2017 20:45
10 Views

FDA Acts Vs. Cigarettes, But One Tobacco Giant Is Holding Up

However, one cigarette maker fared reasonably well. Peer Philip Morris International (PM), which sells Marlboro and other brands outside the U.S., rose 0.3% to 118.51 on the stock market today, rebounding from session lows for 109.31. Philip Morris presu
Investor's Business Daily
added Jul 28, 2017 20:44
8 Views

Why Altria is Tanking

The FDA will try to lower nicotine levels in cigarettes, causing Altria shares to tumble. One analyst says it's a good time to buy.
Barron's
added Jul 28, 2017 20:40
3 Views

Tobacco Stocks Go Up in Smoke After FDA Issues Plan to Curb Tobacco-Related Deaths

By Friday's close, Altria Group Inc (MO) stock sank 9.6%, British American Tobacco PLC (BTI) 7.2% and Vector Group Ltd (VGR) 4.7%. An outlier in its industry Friday, Philip Morris Int'l (PM) stock gained just slightly to close up 0.27%, a move Wells Far
thestreet.com
added Jul 28, 2017 20:37
13 Views

FDA aims to cut nicotine in cigarettes, ease e-cigarette rules

The move means FDA Commissioner Scott Gottlieb has thrown his regulatory weight on the side of those advocating for e-cigarettes in the debate over whether they potentially hold some public health benefits. Shares of major tobacco companies in the Unit
Reuters
added Jul 28, 2017 18:26
11 Views

Tobacco Shares Plunge After FDA Proposes Cut to Cigarette Nicotine

The FDA’s move is likely to set off a lobbying fight in Washington over the proposal... “This was a big surprise and will make it imperative that domestic tobacco companies strive to develop innovative, safer products,” said Jack Russo, an analyst with E
Bloomberg News
added Jul 28, 2017 18:13
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