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Reynolds American, Inc. (NYSE:RAI)’s Stock Insider Trade – Murray Kessler Sold 110,000 Shares

Reynolds American Inc’s director, Murray Kessler, made a sale of 110,000 shares of stock in the Pinksheet-listed Reynolds American Inc. The approx. average share price was $46.6, for total transaction amount of $5,125,538 U.S. Dollars. This is not his fi
added Dec 7, 2015 20:55

[Asia, India] Cigarette stocks hit hard on GST panel suggestion; ITC down nearly 7% intraday

After GST panel suggested 40% tax rate for demerit goods like pan masala and tobacco, stocks of cigarette companies witnessed a heavy fall. BSE headquarters in Mumbai BSE headquarters in Mumbai RNA Cigarette stocks witnessed heavy selling pressure on Mo
DNA India (in)
added Dec 7, 2015 20:44

Philip Morris International Inc. (PM) Sees Large Volume Increase

PM has been the subject of several recent research reports. Vetr raised Philip Morris International from a “buy” rating to a “strong-buy” rating and set a $92.62 price objective for the company in a report on Monday, August 24th. Zacks Investment Researc
Putnam (WV) Standard
added Dec 7, 2015 16:33

Is This the Next Big Tobacco Merger?

Now the rumor mill is suggesting Imperial may be a takeover target itself and there are reputed to be several big-name tobacco companies interested in making the acquisition, including Philip Morris, British American Tobacco (NYSEMKT:BTI), and Japan Toba
Motley Fool
added Dec 6, 2015 21:06

Wobbly E-cig Bandwagon Means Shaky Ride for Big Tobacco

The e-cig market used to be a disruption. Now its more of a passing fad. Tobacco giants, at present, are perhaps the biggest losers as they revert back to the canvas to resume the hunt for a truly disruptive product that could converge health conscious c
Bidness Etc
added Dec 5, 2015 17:28

[USA] Announcement: Moody's: US and European tobacco industry will see profit growth in 2016

the expected fall in sales volume could accelerate in the US if e-cigarette sales see stronger-than-expected growth, whereas in Europe, the pricing environment remains supportive, reflecting stable macro-economic conditions." Within the US industry, prof
Moody's Investors Service
added Dec 5, 2015 17:27

Philip Morris International Inc. (PM) Sees Large Volume Increase

Several research firms have issued reports on PM. Cowen and Company reiterated a “buy” rating and set a $92.00 target price (down previously from $97.00) on shares of Philip Morris International in a research report on Wednesday, November 18th. BNP Parib
Putnam (WV) Standard
added Dec 5, 2015 17:26

Fitch: Stable Outlook for Global Tobacco in 2016 on Easing Volume Decline

stable sector outlook for global tobacco in 2016 reflects Fitch Ratings' expectation of strong pricing power stemming from relatively inelastic demand, strong margins supported by active cost rationalization and broad brand portfolios, both geographicall
Business Wire
added Dec 4, 2015 21:31

[UK] Imperial Tobacco share price: Company settles patent lawsuit against Japan Tobacco

Imperial Tobacco Group Plc’s (LON:IMT) Fontem Ventures subsidiary announced today that it had entered a into a license agreement with Japan Tobacco International to settle a patent infringement lawsuit over e-cigarette technology.
iNVEZZ Limited
added Dec 4, 2015 21:11

[UK, USA] Moody's: US and European tobacco industry poised for rise in operating profits ...

The ratings’ agency predicts a four to five per cent rise in operating profits next year in both the US and Europe, even as cigarette sales volumes fall by about four per cent. “Moreover, the expected fall in sales volume could accelerate in the US if e
City A.M. (uk)
added Dec 4, 2015 04:43
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