tobacco
tobacco Articles
Smoking seems to be the next hot topic with the FDA, with the agency considering banning or restricting menthol and other flavors from tobacco products.
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Here is what should stand out about this dividend hike: Altria has now raised its dividend 52 times in the past 49 years.
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Phillip Morris International released a mixed third-quarter earnings report before the markets opened on Thursday.
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When investors hear about management changes, reorganization, global market risks and a big analyst upgrade all at once, it's enough to make their heads spin.
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The major cigarette stocks were down on Friday after the FDA said that it will explore plans to include less nicotine in cigarettes.
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UPS was fined $247 million by a court for shipping cigarettes to New York without the payment of appropriate taxes.
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Cigarette maker Philip Morris missed on both profit and revenue estimates for the first quarter. Cigarette shipment volume fell more than 11% in the quarter.
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The $49 billion acquisition of Reynolds American tobacco by British American Tobacco is a play for survival in a world where tobacco use is falling as prices and restrictions increase.
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Philip Morris International reported solid third-quarter 2016 results before markets opened on Thursday morning.
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Phillip Morris International is hosting its investor day at its operations center in Switzerland, and with this the company announced updates in its guidance.
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Despite all the negative long-term trends, investors have cleaned up owning tobacco stocks in recent years. And now the valuations are at a serious premium to their historic levels.
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New FDA regulations on e-cigarettes went into effect Monday. The are expected to serve as an additional barrier to entry from smaller, less well-financed producers.
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Argus has upgraded Altria to a Buy rating from Hold with a price target of $68, implying an upside of around 8%.
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There are plain-packaging laws being considered in 20 countries, although the United States is not one of them.
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Turning Point Brands expects to price more than 5 million shares in the range of $13 to $15 per share for an initial public offering valued up more than $93 million.
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