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How MO & 3 Others Are Placed in a Challenging Tobacco Space

authorities can’t be blamed for brandishing the whip on tobacco players as smoking has become one of the primary causes of heart diseases and cancer. However, in an attempt to navigate rough waters, a few tobacco players have resorted to reduced-risk toba
Zacks Investment Research, Inc.
added Mar 30, 2018 01:03
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[Japan] Will Philip Morris International Really Stomp Out Its Own Cigarette Business?

If Philip Morris can sustain the positive momentum from the earliest release of iQOS products and translate it into worldwide success, it could mark one of the most unlikely yet successful about-faces for major corporations in stock market history.
Motley Fool
added Mar 23, 2018 19:16
6 Views

[Greece] What Philip Morris' Plant Conversion Could Mean for the Stock

Along with Papastratos, Philip Morris has a plant near Bologna in Italy, which is fully engaged in the manufacturing of smoke-free products. Further, the company plans to undertake either partial or complete transformation of its cigarette producing facil
Zacks Investment Research, Inc.
added Mar 22, 2018 15:43
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FDA Publishes Advance Notice of Proposed Rulemaking (ANPRM) on Lowering Nicotine in Cigarettes

Henry Sicignano III, President and Chief Executive Officer of 22nd Century Group, will meet this week with institutional investors in New York, Chicago and Boston to discuss the industry-wide implications of the FDA’s sweeping new plan.
Business Wire
added Mar 20, 2018 01:41
8 Views

Tobacco Stocks Threatened by FDA Crackdown

The move is set to disrupt the tobacco industry and accelerate an ongoing shift away from cigarettes and toward new smoking technologies. The decision is unprecedented for the FDA, which only just received permission to regulate tobacco products in 2009,
Investopedia.com
added Mar 18, 2018 01:14
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ILO chief wants to cut ties with big tobacco. Will the governing body heed the call?

This week, more than 200 organizations globally called on ILO’s governing body to put in place policies prohibiting further collaboration with the tobacco industry. This, they argue, is in line with the ILO Secretariat’s recent recommendations that the b
Devex
added Mar 15, 2018 17:14
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[North Carolina] FDA moving forward on effort to reduce nicotine levels in cigarettes

Analysts and advocates say the FDA notice kicks off a multi-year process... "The critical decision is how quickly to reduce nicotine: we expect the scientific community to rally around an immediate vs gradual reduction in nicotine levels in cigarettes —
Winston-Salem (NC) Journal
added Mar 15, 2018 17:13
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Altria could grow earnings at double-digit pace through 2020: Barron's

Herzog of Wells Fargo Securities predicts the U.S. Food and Drug Administration will approve Philip Morris’ IQOS (I-Quit-Ordinary Smoking), a system that heats tobacco cigarettes rather than burns them, as soon as this year.
Reuters
added Mar 12, 2018 21:21
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Altria Isn't Giving Up on Traditional Cigarettes

The future of cigarettes may be smoke-free, but tobacco giant Altria (NYSE:MO) wants investors to know it's still investing in regular cigarettes to maximize income. Its Marlboro brand may have lost some market share in 2017, but it remains the leader by
Motley Fool
added Mar 10, 2018 14:58
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Tobacco, Weapons Exclusions Reduce Norway Fund’s Returns

Norges Bank Investment Management, which manages Norway’s $1.1 trillion Government Pension Fund Global, said that the exclusion of tobacco companies and certain weapons manufacturers have reduced the fund’s returns, in a recent report on the fund’s risk a
aiCIO (Asset International for Institutional Chief Investment Officers)
added Mar 8, 2018 23:36
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