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Headlines Tagged with Investing 2,696 headlines found


[UK] Council funds warned off quitting tobacco

according to Giffin, the law is clear that councils' investment powers can only be used for investment purposes, "and not for any wider purposes". He added that councils "may choose to take into account the public-health implications of tobacco investmen
eFinancial News
added Apr 11, 2014 11:19

[Australia] Explainer: how big tobacco turns profits

it is the removal of the industry’s ability to charge a premium which constitutes the biggest threat to its status as a go-to investment. If allowed to spread, standardised packaging will put an end to the industry’s pricing strategy and, therefore, to it
The Conversation (au)
added Apr 10, 2014 12:15

[UK] Tobacco set to suffer as e-cigarette revolution takes hold

Japanese banking giant Nomura is forecasting a steady decline in cigarette volumes as the e-cigarette revolution gathers pace. Nomura believes cigarette volumes will fall by 3.8 per cent (five-year compound annual growth rate), while e-cigarettes are set
City A.M. (uk)
added Apr 10, 2014 11:18

CVS kicks the tobacco habit _ industry waits to see if it's a retail rebel, or the future

Since the nation's second-largest drugstore chain announced it would dump tobacco just over two months ago, its shares have hit new all-time highs 10 times. That's not to say that the CVS case is unique. CVS Caremark Corp. is part of a booming industry
AP - Associated Press
added Apr 9, 2014 15:09

RAI to host 1Q14 earnings conference call on April 23 (PDF)

Wednesday, April 23, 2014, 9:00 a.m. Eastern Time Speakers: Daniel M. Delen, president and chief executive officer Thomas R. Adams, chief financial officer Morris L. Moore, vice president of investor relations
Reynolds American (RAI)
added Apr 9, 2014 10:52

[UK] Council funds warned off quitting tobacco

The UK's public pension funds can only make ethical investment calls — such as selling out of tobacco stocks — if this does not cause them "material financial detriment", a leading lawyer has ruled. The legal opinion from Nigel Giffin QC, a leading pub
eFinancial News
added Apr 9, 2014 06:41

[UK] Panmure sees little short-term impact from plain packaging at Imperial

Panmure Gordon has assessed the potential impact from plain packaging on Imperial Tobacco after the industry overhaul moved one step closer to reality this week. The broker said that the UK is one of Imperial’s most profitable markets and accounts for
Digital Look (uk)
added Apr 7, 2014 11:43

[Indonesia] Cigarette makers' profits grew last year but 2014 will be tough

analysts have warned of a potential slowdown in business growth this year as the business climate gets tough. Akhmad Nurcahyadi, an analyst at Recapital Securities, forecasts that the cigarette industry will face a tougher business climate this year with
Jakarta Post (id)
added Apr 1, 2014 16:03

[New York] Philip Morris International Inc. (PMI) Calls Shareholder Meeting

it is holding the 2014 Annual Meeting of Shareholders of PMI at 9:00 a.m. on Wednesday, May 7, 2014, in the Empire State Ballroom, at the Grand Hyatt New York ... 4) To vote on two shareholder proposals, if properly presented at the meeting.
Philip Morris International (ch)
added Mar 27, 2014 13:08

[Australia and Oceania] Growth In Tobacco Shipments To Australia Reflects Minimal Impact Of The Plain Packaging Law

recent data reveals that tobacco shipments to Australian retailers actually grew marginally last year, reversing a declining trend seen over the previous four years. While it does not necessarily imply that the actual consumption of tobacco products grew
added Mar 26, 2014 12:53
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