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Headlines Tagged with Investing 4,031 headlines found


British American Tobacco hit by strong pound, lower sales

reported a drop in first-quarter revenue, hurt by a stronger pound and as more people cut back on smoking. Tobacco companies are grappling with falling sales as people cut back on smoking due to higher taxes and growing health consciousness. In response,
added Apr 29, 2015 06:12

CVS takes tobacco off the shelves, reports record sales. Coincidence?

So much for sustainability moves denting profits. CVS Health in the US managed record sales in 2014 – increasing net revenues by 9.9% to $139.4bn – despite a major rebrand that involved taking lucrative tobacco products off the shelves.
2degrees (uk)
added Apr 27, 2015 08:51

Holy Smoke - My Favorite Idea That Everyone Knows But Doesn't Understand

Altria is my favorite idea that everyone knows but no one understands. ...The indicators for Altria's future performance are actually more negative than positive. It's a matter of time before its foundation is shaken yet again. It's time to short Altria.
Seeking Alpha blog network
added Apr 25, 2015 12:27

Altria Exceeds Profit Estimates on Higher Cigarette Prices

Altria Group Inc., the largest seller of tobacco in the U.S., reported an increase in first-quarter profit after it raised prices and sold more cigarettes.
Bloomberg News
added Apr 24, 2015 14:34

[Sweden] Swedish Match Annual General Meeting 2015

Major items approved by today’s Annual General Meeting include: · Dividend of 7.50 SEK per share · Mandate to repurchase up to 10 percent of all shares... Swedish Match’s vision is a world without cigarettes. Some of its well-known brands include: Gene
Business Wire
added Apr 24, 2015 13:28

FORM 10-Q / For the quarterly period ended March 31, 2015

A discussion of the legal proceedings relating to cigarette products is set forth below under the heading “— Litigation Affecting the Cigarette Industry.” All of the references under that heading to tobacco-related litigation, smoking and health litigatio
Reynolds American (RAI)
added Apr 21, 2015 10:59

Philip Morris Remains A Stock Of Choice For Dividend-Seekers

With continuously growing market share in key growth-generating markets and with regular price hikes, PM will continue to grow its sales and earnings. Furthermore, the company's growing presence in e-cigarette category will also portend well for its futur
Seeking Alpha blog network
added Apr 20, 2015 14:11

Reynolds' Cigarettes Are Good For You(r Portfolio)

Cigarettes might be bad for your health, but historically, they have been terrific for your portfolio. One company to consider is RAI, and one way to get cheap exposure is via LO. Net of the cash that you will probably get in the deal, you can set up RAI
Seeking Alpha blog network
added Apr 18, 2015 12:41

Lorillard Proves Tobacco Companies Can Still Be Worthy Investments (LO)

During Q1, Lorillard saw huge cigarette operating profit growth and record high retail market shares. Cigarette volumes increased and the company continued to manage expenses despite them raising a bit year-over-year. The sales led to double-digit increas
Seeking Alpha blog network
added Apr 18, 2015 12:40

[North Carolina] Lorillard reports 2.7 percent increase in net income

As Lorillard Inc. awaits word on whether it will be bought by rival Reynolds American Inc., the Greensboro tobacco manufacturer posted a 2.7 percent increase in net income to $275 million for the first quarter.
Winston-Salem (NC) Journal
added Apr 18, 2015 10:31
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