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[Ireland] Reilly urges Government to sell tobacco shares

Dr Reilly wrote to Finance Minister Michael Noonan last month after being informed that the State has investments worth €10m in tobacco companies through the National Pension Reserve Fund (NPRF). The Dublin North TD and former Health Minister highlighte
Irish Independent (ie)
added Mar 9, 2015 11:19

[Ireland] Irish State has €9m invested in the tobacco industry

The Government was yesterday accused of double standards and ‘complete hypocrisy’ in its fight against tobacco after it emerged that the State has multimillion-euro investments in the tobacco industry.
Irish Examiner (ie)
added Mar 8, 2015 22:42

[Ireland] BOYLE: We can't let cigarette firms blow smoke in our eyes

The NPRF is already precluded from investing in armaments. There is no reason why this list can't be extended. Some of the most successful national pension funds, such as that in Norway, operate quite profitably under strong ethical investment principles.
Irish Independent (ie)
added Mar 8, 2015 22:42

How Much Higher Can Shares of Altria Group Inc Go?

Altria has other opportunities for growth beyond cigarettes, including cigars, snuff, a stake in SABMiller, and e-cigarettes. However, those businesses are still dwarfed...its core business is rock-solid, dividends will keep rising, and its smaller segme
Motley Fool
added Mar 10, 2015 16:27

Vapor Hub International CEO Kyle Winther In Letter to Shareholders Discusses Company's Future

Dear Shareholders: I think sometimes about those who invested in tobacco company stock when those giant companies first went public. Fortunes were realized in those investments. According to some analysts, our new industry, electronic cigarettes, will o
PR Newswire
added Mar 5, 2015 16:34

[UK, USA] Imperial Tobacco - Realizable Upside Post-Reynolds/Lorillard

Strong stock performance relative to comps due to lower exposure to emerging markets’ currency headwinds.... Reynolds/Lorillard deal creates an oligopoly in the US market; Imperial Tobacco to benefit from price increases and operational savings.
Seeking Alpha blog network
added Mar 5, 2015 11:38

Altria Announces Expiration of Cash Tender Offer

expiration of its previously announced cash tender offer for any and all of its senior unsecured 9.700% Notes due 2018 (the “Notes”). The terms and conditions of the tender offer are described in the Offer to Purchase, dated February 26, 2015, the related
Business Wire
added Mar 5, 2015 10:59

[Asia, India] ANANTHANARAYANAN: Budget 2015: Cigarettes get short end of the stick - Livemint

But there is a silver lining ... A common Goods and Services Tax (GST) is set for implementation from 1 April 2016. Reports had indicated that tobacco products will be part of GST. That may eliminate distortions created by arbitrary state levies on cigare (in)
added Mar 7, 2015 18:53

[Asia, India] ITC plunges over 8% as government hikes excise duty on cigarettes

Stocks of Godfrey Phillips India were down by 1.90 per cent, while VST Industries fell by 0.86 per cent on the BSE. Finance minister Arun Jaitley on Saturday came down heavily on smokers and tobacco consumers with a steep increase in excise duty.
PTI - Press Trust of India (in)
added Mar 8, 2015 15:39

[Missouri] BERSHIDSKY: Weed could spark big tobacco boom

It might seem that Big Tobacco is merely cannibalizing its existing sales by putting out such products. But it might be something of a bet on the future, too. “Heat not burn” vaporizers can just as easily be used to smoke marijuana as tobacco. And they a
Columbia (MO) Tribune
added Feb 28, 2015 20:16
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