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[Ireland] Irish State has €9m invested in the tobacco industry

The Government was yesterday accused of double standards and ‘complete hypocrisy’ in its fight against tobacco after it emerged that the State has multimillion-euro investments in the tobacco industry.
Irish Examiner (ie)
added Mar 8, 2015 22:42
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[Ireland] BOYLE: We can't let cigarette firms blow smoke in our eyes

The NPRF is already precluded from investing in armaments. There is no reason why this list can't be extended. Some of the most successful national pension funds, such as that in Norway, operate quite profitably under strong ethical investment principles.
Irish Independent (ie)
added Mar 8, 2015 22:42
3 Views

[Asia, India] ITC plunges over 8% as government hikes excise duty on cigarettes

Stocks of Godfrey Phillips India were down by 1.90 per cent, while VST Industries fell by 0.86 per cent on the BSE. Finance minister Arun Jaitley on Saturday came down heavily on smokers and tobacco consumers with a steep increase in excise duty.
PTI - Press Trust of India (in)
added Mar 8, 2015 15:39
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[Asia, India] ANANTHANARAYANAN: Budget 2015: Cigarettes get short end of the stick - Livemint

But there is a silver lining ... A common Goods and Services Tax (GST) is set for implementation from 1 April 2016. Reports had indicated that tobacco products will be part of GST. That may eliminate distortions created by arbitrary state levies on cigare
livemint.com (in)
added Mar 7, 2015 18:53
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Vapor Hub International CEO Kyle Winther In Letter to Shareholders Discusses Company's Future

Dear Shareholders: I think sometimes about those who invested in tobacco company stock when those giant companies first went public. Fortunes were realized in those investments. According to some analysts, our new industry, electronic cigarettes, will o
PR Newswire
added Mar 5, 2015 16:34
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[UK, USA] Imperial Tobacco - Realizable Upside Post-Reynolds/Lorillard

Strong stock performance relative to comps due to lower exposure to emerging markets’ currency headwinds.... Reynolds/Lorillard deal creates an oligopoly in the US market; Imperial Tobacco to benefit from price increases and operational savings.
Seeking Alpha blog network
added Mar 5, 2015 11:38
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Altria Announces Expiration of Cash Tender Offer

expiration of its previously announced cash tender offer for any and all of its senior unsecured 9.700% Notes due 2018 (the “Notes”). The terms and conditions of the tender offer are described in the Offer to Purchase, dated February 26, 2015, the related
Business Wire
added Mar 5, 2015 10:59
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Gates Foundation Ditches McDonald’s, Coca-Cola in Fourth Quarter

The Gates Foundation focuses on fighting polio, AIDS, malaria and improving health systems in developing countries. It doesn’t invest in companies whose corporate activity it finds to be “egregious,” including tobacco stocks and investments in Sudan, acco
Bloomberg News
added Mar 1, 2015 12:38
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[Australia] VICTORIA PULLS OUT OF TOBACCO INVESTMENTS

Greens congratulate the Victorian Funds Management Corporation (VFMC) on finally divesting from tobacco companies, after pressure from the Victorian Greens and community campaigners over recent years.
THE GREENS (au)
added Mar 1, 2015 12:38
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[Florida] Fitch: Tobacco Settlement Eases Industry Litigation Concern

The settlement of more than 400 lawsuits in U.S. federal courts filed by Florida smokers, the Engle Progeny cases, resolves some uncertainty in extensive litigation pending against the major cigarette companies, Philip Morris USA Inc. (subsidiary of Altri
Business Wire
added Mar 1, 2015 09:44
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