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[India] Modi's Anti-Tobacco Campaign Hits ITC Earnings, Cigarette Sales

ITC Ltd., Asia’s second-largest publicly traded tobacco company, reported earnings that fell short of analyst estimates as the Indian government’s campaign against smoking dented cigarette sales.
Bloomberg News
added Jan 28, 2016 20:07
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Swedish Match starts reporting its share of results from Scandinavia Tobacco Group based on a one quarter lag

As a consequence of transitioning to a one quarter lag reporting, Swedish Match will not include in its financial statements for the fourth quarter 2015 any result from its ownership in STG. Instead, Swedish Match will include its share of STG’s net prof
Business Wire
added Jan 28, 2016 20:06
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Altria Earnings Preview: Can Altria Buck The Declining Cigarette Volumes Trend Again?

Since the merger of Reynolds American and Lorillard, Altria together with the newly merged company, holds 90% of the U.S. tobacco market. This gives them sufficient market power to increase prices, and furthermore, such a situation impedes competitive for
Trefis
added Jan 28, 2016 18:48
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Japan Tobacco Seeks Cigarette Price Hike; Shares Jump

said it has applied to the Minister of Finance for approval to hike the price of Mevius products by 10 yen per pack and the price for packs of former third class cigarettes by 30-50 yen per pack, starting this April.
Barron's Blogs
added Jan 25, 2016 12:55
3 Views

ITC net remains flat on low cigarette sales

Cigarette-to-hotel major ITC’s October-December earnings missed analysts’ expectations, with its net profit rising marginally. The net rose by only 0.7 per cent to Rs 2,652.82 crore, against Rs 2,635 crore in the same quarter of the year-ago period.
Business Standard (in)
added Jan 23, 2016 16:05
15 Views

[Asia-pacific, Thailand] Philip Morris International Inc. Could Face a $2.2 Billion Fine for Tax Evasion

It's unlikely that the Thai tax evasion and health warning cases will be resolved anytime soon. However, Philip Morris investors should understand why the company is engaged in so many legal battles worldwide as countries try to reduce their smoking rate
Motley Fool
added Jan 21, 2016 20:18
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[Australia] AUDIO: Change Agents: fighting big tobacco on RN Afternoons

The story of how change agents fought big tobacco to introduce plain cigarette packaging and remove $2 billion from tobacco investments.
Australian Broadcasting Corporation (ABC) (au)
added Jan 20, 2016 16:03
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[Europe, UK] E-Cigarette Market In The U.K. Part 1: A Health Threat Or A Cure?

Philip Morris International (NYSE:PM) entered the e-cigarette market in the U.K. with the purchase of Nicocigs... The possibility of the products to be advised by NHS as a smoking cessation tool will help the company to expand significantly in this fast g
Trefis
added Jan 20, 2016 15:54
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Stifel Looks At Tobacco Names Heading Into Q4 Earnings

Citing overall U.S. tobacco growth estimates of 10 percent in the fourth quarter, Stifel stated, "We recommend investors overweight tobacco stocks." "We estimate 10 percent EPS growth in 4Q with upside potential around a stronger volume performance in 4
Benzinga.com
added Jan 16, 2016 13:25
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3 Reasons Reynolds American Inc. Stock Could Fall

Reynolds American has a few blind spots, but I don't believe that these weaknesses will cause the stock to fall in 2016. Barring major regulatory action, its stock will likely remain a dependable holding for riding out these volatile markets.
Motley Fool
added Jan 15, 2016 22:54
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