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Headlines Tagged with Investing 4,025 headlines found

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[North Carolina] Reynolds shareholders, analysts remain optimistic about sale to BAT

British American Tobacco says it plans to keep Reynolds American’s headquarters in Winston-Salem. The deal becomes final Tuesday. Virgil and Lucy Goode came to Winston-Salem on Wednesday to witness the end of one tobacco industry era and the dawning of
Winston-Salem (NC) Journal
added Jul 20, 2017 18:40
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[Asia, India] Cess on cigarettes wipes out Rs 48K cr from BSE in 1 day

The Goods and Services Tax Council’s decision to increase the cess on cigarettes triggered a sharp selloff in shares of tobacco companies with the ITC scrip falling by nearly 13 per cent on Tuesday and investors losing nearly Rs 48,000 crore in a single
Daily Pioneer (in)
added Jul 19, 2017 16:00
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Turning Point Brands to Host Second Quarter FY2017 Conference Call

Business Wire
added Jul 19, 2017 15:01
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[India] Tobacco Tax U-Turn Burns $7 Billion Hole in ITC's Market Cap

ITC Ltd., Asia’s second-largest cigarette maker by value, plunged the most in 25 years after India surprised investors by raising levies on tobacco products. The stock slumped 12 percent to 285.1 rupees at 3:12 p.m. in Mumbai, erasing $7.5 billion from
Bloomberg News
added Jul 18, 2017 22:52
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Cigarette Makers Drag Indian Equities Lower on Surprise Tax Hike

Declines in India’s cigarette makers, led by ITC Ltd., sent the nation’s benchmark stock index to its steepest decline in seven months. The S&P BSE Sensex Index closed 1.1 percent lower, dropping from Monday’s record level. The benchmark has climbed to m
Bloomberg News
added Jul 18, 2017 14:10
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[UK] BRAMALL/KEENLYSIDE: Big tobacco bullies the global south. Trade deals are their biggest weapon

That means removing special investor rights and investment courts from trade agreements. It means removing limits on the freedom of governments to protect public health, labour and human rights and the environment. Of course, this is easier said than don
The Guardian (uk)
added Jul 18, 2017 01:52
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[California] Wells Fargo Talks San Francisco Menthol Ban

the ban is a “significant historic event,” it said the ban was not a “deal-breaker” for the menthol category, albeit it is likely to hit retailers..."we expect many consumers will likely move their purchases online or cross border ultimately having the gr
Convenience Store Decisions
added Jul 14, 2017 23:39
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Woodford equity income fund sells BAT stake, keeps Imperial Brands

Veteran UK investor Neil Woodford's 10 billion pound ($12.97 billion) equity income fund has sold its stake in British American Tobacco (BATS.L) after strong performance, although it has kept its stake in Imperial Brands (IMB.L), the fund said. "We have
Reuters
added Jul 14, 2017 22:35
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[UK] How big tobacco has survived death and taxes

Between them in 2016, they shipped 2.27tn cigarettes, more than 300 for every man, woman and child on the planet, racking up combined sales of $150bn (£115bn). Their combined profits reached $35bn (£27bn), allowing investors in those companies to receive
The Guardian (uk)
added Jul 12, 2017 13:34
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Stocks Under Scanner in the Cigarettes Space -- Altria, Philip Morris, Reynolds American, and British American Tobacco

PR Newswire
added Jul 11, 2017 21:38
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