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Universal Corporation Announces Quarterly Dividends

the Company's Board of Directors declared a quarterly dividend of fifty-two cents ($0.52) per share on the common shares of the Company, payable November 9, 2015, to common shareholders of record at the close of business on October 13, 2015.
PR Newswire
added Aug 4, 2015 17:40

REID: What corporate America can learn from CVS Health's anti-tobacco campaign

For CVS, being the first retailer to stop carrying cigarettes was a huge risk. But Foulkes said the decision has acted as a “catalyst” for the company’s transformation as a healthcare organization. So far, the company’s gamble seems to be paying off.
Fortune Magazine
added Aug 4, 2015 11:30

The Extraordinary Story of America’s Most Successful Industry You'll never guess what it was.

Credit Suisse published a report this week on the performance of every major American industry from 1900 to 2010. ... One dollar invested in tobacco stocks in 1900 was worth $6.3 million by 2010. That's 165 times greater than the average industry.
Motley Fool
added Aug 3, 2015 20:02

An Altria-Philip Morris Merger? Ain't Gonna Happen!

Now that the merger of Reynolds American andLorillard has been successfully completed, and the U.S. tobacco industry condensed into a duopoly, is there room for any further consolidation?
Motley Fool
added Aug 3, 2015 19:53

Better Economy Has Smokers Buying More Marlboros

A better economy is helping sell more Marlboros and Camels, even as prices climb. That brought higher profits for their makers in the second quarter. Marlboro maker Altria Inc. has now seen two straight quarters of upticks in cigarettes sold. That is un
ABC News
added Jul 30, 2015 05:21

VIDEO: Smoking is not cool. But cigarette stocks are hot.

How can these companies be doing so well at a time when smoking has been pretty much demonized...Make no mistake. The tobacco industry is not one that is likely to ever post huge levels of growth ever again. This isn't 1965. But investors who don't have a
added Jul 30, 2015 05:07

Traders Buy Shares of Philip Morris International on Weakness on Insider Selling (PM)

PM has been the subject of several analyst reports. Zacks raised Philip Morris International from a “hold” rating to a “buy” rating and set a $91.00 target price on the stock in a report on Monday, July 6th. Wells Fargo & Co. reaffirmed an “outperform” r
Dakota Financial News
added Jul 30, 2015 04:14

[North Carolina] Analyst: Sales to adults may hit plateau

Bonnie Herzog, with Wells Fargo Securities, said her second-quarter retailer survey found "moderating vapor category growth, with several consumers being disillusioned by e-cigs, switching back to combustible cigs." E-cigs are battery-powered devices tha
Winston-Salem (NC) Journal
added Jul 29, 2015 16:20

[North Carolina] Megadeal leads to Reynolds stock split

Reynolds American Inc.'s board of directors provided investors Tuesday with two more bonuses from its $29.25 billion purchase of Lorillard Inc. The board approved a two-for one stock split — the first such action since October 2010 — and a 7.5 percent in
Winston-Salem (NC) Journal
added Jul 29, 2015 16:17

Reynolds Beats Q2 Earnings, Misses Sales; Raises FY Outlook

adjusted earnings of $1.02 per share in the second quarter of 2015 surpassed the Zacks Consensus Estimate of 94 cents by 8.5%. Earnings improved 14.6% year over year backed by higher cigarette and moist snuff pricing.
Zacks Investment Research, Inc.
added Jul 29, 2015 12:02
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