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[Asia, India] PIL questions govt. insurance firms’ investments in ITC

A public interest litigation (PIL) filed in the Bombay High Court has challenged the large investments made by government-owned insurance companies in cigarette maker ITC, which is the country’s largest fast moving consumer goods company in terms of mark
The Hindu Online (in)
added Apr 14, 2017 18:27
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Better Buy: Philip Morris International, Inc. vs. Reynolds American

Reynolds American appears to be the safer play right now, with less uncertainty about its future progress. However, for those who are willing to bet on transformative growth, Philip Morris could offer better prospects if things pan out well for the intern
Motley Fool
added Apr 12, 2017 15:07
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Why Philip Morris International Has Jumped 24% So Far in 2017

long-term investors are watching what's happening in the reduced-risk space a lot more closely, because it has the potential to be much more transformative for the company in the years and decades to come. The combination of short- and long-term consider
Motley Fool
added Apr 12, 2017 14:43
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Vector Group (VGR) Getting Very Favorable Press Coverage, AlphaOne Reports

Vector Group earned a news sentiment score of 0.56 on AlphaOne’s scale. AlphaOne also gave headlines about Vector Group an impact score of 89 out of 100, meaning that recent news coverage is very likely to have an effect on the company’s share price in th
Financial Market News (FMN)
added Apr 9, 2017 15:13
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Cigarette maker joins tech giants among most dominant S&P 500 stocks

Philip Morris’ 3.3 percent contribution to S&P 500 gains in the first quarter makes it the fourth most important U.S. stock, right after Apple, Amazon and Facebook.
Bloomberg News
added Apr 8, 2017 23:48
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5 Takeaways As Trump's FDA Pick Hits Capitol Hill ($$)

Senators also prodded Gottlieb — a doctor, writer, businessman and FDA official during the George W. Bush administration — on...regulation of electronic cigarettes...
Law360
added Apr 6, 2017 02:35
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With a resume that’s both asset and liability, Scott Gottlieb preps for FDA confirmation hearing

Gottlieb has invested in Kure, a company that makes e-cigarettes, and he has written that imposing restrictions might make it hard for some people to use them as a tool to quit smoking traditional cigarettes...Gottlieb is expected to be confirmed easily.
statnews.com
added Apr 6, 2017 02:31
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FDA pick faces questioning on ties to industry he'd regulate

data showing he received hundreds of thousands of dollars in consulting or other fees from several FDA-regulated companies in recent years. In ethics documents filed last week, Gottlieb said that if confirmed he would recuse himself for a year from decis
WTAE-TV 4 (Pittsburgh, PA)
added Apr 6, 2017 02:15
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FDA Nominee Scott Gottlieb Should Recuse Himself from All Decisions Involving E-Cigarettes Given His Financial Interests in a Vape Shop Company

Dr. Scott Gottlieb, the nominee for commissioner of the Food and Drug Administration, has held financial interests in Kure, a vape store franchiser that both sells electronic cigarette products and promotes “vaping” lounges that the company says will "bri
Campaign for Tobacco-Free Kids (CTFK)
added Apr 6, 2017 02:07
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Correction: Fitch Upgrades Altria's Ratings to 'A-'; Outlook Stable

This is a correction of a press release published April 3, 2017. It clarifies that Phillip Morris USA, not Altria, is subject to litigation...Fitch Ratings has upgraded Altria Group, Inc.'s (Altria) Issuer Default Rating (IDR) and long-term debt ratings t
Fitch Ratings
added Apr 4, 2017 17:34
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