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Headlines Tagged with Investing 4,031 headlines found

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Quitting Smoking Has Been Just Fine for CVS

posted fourth-quarter earnings that beat analyst estimates as demand for medicine outweighed the drop in revenue from a decision to stop selling tobacco products. Profit of $1.21 a share, excluding one-time items, was 1 cent more than the average of analy
Bloomberg News
added Feb 11, 2015 23:35
5 Views

CVS Health Kicks Smoking Habit And Still Has Record Sales

(CVS) found kicking the smoking habit didn’t hurt sales or profits as increased prescription drug sales helped overcome the company’s decision to stop selling cigarettes and other tobacco products last year.
Forbes
added Feb 11, 2015 13:04
19 Views

Lorillard, Inc. Reports Fourth Quarter And Full Year 2014 Results

adjusted diluted earnings per share exclude the favorable impacts of the settlement to resolve certain MSA payment adjustment disputes in 2014 and 2013 and the 2003 non-participating manufacturer arbitration award in 2014, charges for Engle Progeny and ot
PR Newswire
added Feb 11, 2015 12:49
8 Views

Tobacco glowing example that old industries are a better investment

Over the past century, the best performers in terms of industry in the US is tobacco while in the UK it is alcohol. US tobacco stocks annually returned 14.6 per cent over the 115 years under review, beating the 9.6 per cent average of all industries. An
South China Morning Post
added Feb 11, 2015 07:17
3 Views

Specialty Drugs Help CVS Health Meet 4Q Profit Forecasts

CVS Health's fourth-quarter earnings climbed more than 4 percent in a performance that matched Wall Street expectations even though the pharmacy chain's decision to quit tobacco sales delivered an anticipated blow to its drugstore business.
AP - Associated Press
added Feb 11, 2015 06:37
12 Views

[North Carolina] Reynolds net income drops to $144M / Drop attributed to merger, legal charges

finished fiscal 2014 with a busy final quarter, with the company reporting Tuesday that pension, merger and legal charges cut its net income nearly in half to $144 million. When excluding the charges, Reynolds had net income of $466 million, up 12 percent
Winston-Salem (NC) Journal
added Feb 11, 2015 06:35
7 Views

Alliance One International Reports Fiscal Year 2015 Third Quarter Results

"Our volume and sales are being impacted by delayed shipment timing from Africa and the U.S. that is anticipated to ship in the fourth quarter and an oversupply in global tobacco leaf markets. Some customers have been reducing inventory durations faster
PR Newswire
added Feb 11, 2015 06:33
3 Views

CVS Health Reports Strong Profit Growth For Full Year 2014; Fourth Quarter Adjusted EPS At High End Of Company's Expectations

Front store same store sales would have been approximately 800 basis points higher if tobacco and the estimated associated basket sales were excluded from the three months ended December 31, 2014 and 2013. Front store same store sales were negatively impa
PR Newswire
added Feb 11, 2015 06:32
0 Views

[UK, USA] Sin wins investor battle of vice or virtue ($$)

for the annual Credit Suisse Global Investment Returns Yearbook, showed that tobacco and alcohol stocks have led the US and UK stock markets respectively over the sweep of history since 1900. They were dramatic, but not surprising. Most people know that c
Financial Times (uk)
added Feb 11, 2015 05:12
4 Views

Fourth Quarter and Full Year 2014 – At a Glance

. Highlights o Strong performance on all key brands o VUSE Digital Vapor Cigarette expands distribution and styles o ZONNIC Gum national expansion progressing smoothly
Reynolds American (RAI)
added Feb 10, 2015 18:09
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