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Headlines Tagged with Investing 2,438 headlines found

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[UK] Surrey County Council invests £12m in tobacco while promoting anti-smoking message

Surrey County Council (SCC) has been accused of a shocking conflict of interest after taking over the task of helping people quit smoking, while investing more than £12m in tobacco companies.
Epsom Guardian (uk)
added Apr 24, 2013 09:49
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Marlboro sales, market share eyed as cigarette maker Altria Group reports 1Q results Thursday

The premium Marlboro brand has been under pressure from competitors and lower-priced cigarette brands as consumers face economic pressure and high unemployment. Those economic challenges are in addition to the tax hikes, smoking bans, health concerns and
AP - Associated Press
added Apr 24, 2013 09:03
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Reynolds American 1st-Quarter Cigarette Volume Slumps

--Reynolds American's profit rises on lower costs, credit --Adjusted profit exceeds expectations even as cigarette volume drops (Updates throughout with additional financial details.)
Dow Jones News Service
added Apr 23, 2013 14:28
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[Australia] Ethics first as super investors get tough on tobacco

An Australian superannuation and investment fund is leading an international effort to pressure a Norwegian machinery maker to leave the tobacco industry. In what amounts to a new front in the war against tobacco, Australian Ethical will put forward a r
Canberra (ACT) Times (au)
added Apr 23, 2013 14:25
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[Australia] Aussie super fund dips a toe into anti-tobacco activism

Australian Ethical owns less than 1% of TOMRA, which has a market capitalisation of $1.3 billion. But the Australian fund has managed to cobble together the votes needed to put up a resolution at TOMRA’s AGM, on April 22, which if passed would force the
Crikey (au)
added Apr 23, 2013 14:24
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TCI Trumpets Investment in Japan Tobacco

TCI, which manages more than $9 billion, invested in the tobacco company in summer 2011. It has since more than doubled. “It is one of our most successful investments in recent years, a turnaround investment,” said Veldhuijzen, a partner and analyst at t
Wall Street Journal Blogs
added Apr 22, 2013 20:11
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[Europe] Philip Morris' Cigarette Volumes Slump Worsened By New Philippines Tax

Philip Morris International (NYSE:PM) reported its first quarter earning results on April 18. As expected, the company witnessed a sharp decline in cigarette volumes primarily due to an abrupt hike in indirect taxes in Philippines and continuing weakness
Trefis
added Apr 20, 2013 12:40
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Philip Morris 1st-Quarter Net Down 1.7% on Higher Expenses

Philip Morris International Inc.'s (PM) first-quarter profit shrank 1.7% as the tobacco giant's higher costs offset stronger revenue.
Dow Jones News Service
added Apr 18, 2013 20:53
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Philip Morris International Earnings Slip

The maker of Marlboro and L&M cigarettes for sale outside the U.S. reported that volume slumped 6.5%, hurt by declines across nearly all markets, most notably Asia and the European Union.
The Wall Street Journal Interactive Edition
added Apr 18, 2013 15:53
3 Views

Philip Morris Q1 Profit Declines On Costs, Cuts Full-year EPS View

Tobacco giant Philip Morris International Inc. ( PM ) Thursday reported a decline in first-quarter profit, reflecting higher costs. Meanwhile, earnings per share improved from last year. The company also lowered its full-year 2013 earnings outlook for pre
NASDAQ
added Apr 18, 2013 14:23
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