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[Europe] Philip Morris International Inc. Announces Voluntary Delisting from Euronext Paris

The delisting procedure will allow the PMI shares listed on Euronext Paris to be traded on the New York Stock Exchange ("NYSE"), PMI’s primary listing exchange. Holders of PMI shares listed on Euronext Paris will have the following options:
Philip Morris International (ch)
added Jan 16, 2018 14:59
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[UK] Questor: big tobacco is uniquely protected from regulation and falling sales, so buy Imperial Brands

Two changes are very obvious. The time traveller’s world 45 years ago is one where everyone smokes, even in offices, trains and aircraft. It is also one where the only computers are large and require specialist knowledge to use. He sees that in the 21st
Electronic Telegraph (uk)
added Jan 11, 2018 19:58
2 Views

[Netherlands] Biggest Dutch pension fund drops tobacco, nuclear weapon investments

Dutch civil service pension fund ABP, one of the biggest pension funds in world, is to phase out all investments in tobacco and nuclear weapons. The pension fund intends to sell all its investments in the tobacco and nuclear weapons industries – totalling
DutchNews.nl (nl)
added Jan 11, 2018 19:58
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[Netherlands] Europe’s largest pension fund to drop tobacco and nuclear weapons

Europe’s biggest pension fund, ABP of the Netherlands, plans to ax tobacco and nuclear weapons from its investment portfolio. The €405bn scheme joins a growing list of institutional investors in shunning stocks they deem harmful to the environment and t
Financial Times (uk)
added Jan 11, 2018 19:34
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Norway's wealth fund may blacklist firms over recruitment practices

The Norwegian parliament has set several ethics mandates for the fund, targeting tobacco makers, human rights violations and excessive emissions of climate change gases, among others, as grounds for exclusion from the fund’s investment portfolio.
Reuters
added Jan 11, 2018 19:23
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[Netherlands] UPDATE 2-Dutch ABP pension fund to pull investments in tobacco, nuclear arms makers

Floris Italianer, director of the Dutch Heart Foundation, praised ABP for taking a leading role in helping to discourage tobacco use and called on other financial institutions to follow suit. ”ABP has provided a good example: it is high time to stop inv
Reuters
added Jan 11, 2018 19:22
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Why This Marijuana Stock Skyrocketed 157% in 2017

22nd Century is a plant biotechnology company that genetically engineers and breeds tobacco and cannabis plants to make them more valuable. Its primary work includes low-nicotine tobacco plants and hemp plants that can be used in soil remediation, but it
Motley Fool
added Jan 10, 2018 23:55
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Pot Stocks Soar as California Gets Ready to Get High

There is overlap among the alcohol, tobacco and cannabis industries ...Ahrens said in a Bloomberg TV interview, with mergers and acquisitions or "at least" joint ventures likely. The three work well together, he said, noting his AdvisorShares Vice ETF inc
Bloomberg News
added Jan 1, 2018 12:05
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VIDEO: AdvisorShares MD Sees Pot, Alcohol Companies Combining

Dan Ahrens, AdvisorShares Investments managing director, says he expects increased M&A activity between marijuana, tobacco and alcohol companies. He speaks with Bloomberg's Julie Hyman on "Bloomberg ETF IQ."
Bloomberg News
added Jan 1, 2018 12:00
6 Views

VIDEO: Pressured Tobacco Industry Looks To Smokeless Products: Shea

Ken Shea, Senior Analyst Global Food, Beverages & Tobacco for Bloomberg Intelligence, on how the pressure is on for smokeless products to save the tobacco industry.
Bloomberg News
added Jan 1, 2018 11:59
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