… the proposed statements go beyond factual and scientific information.”We have no concerns about communicating the health effects of tobacco products. We agree with the overwhelming medical and scientific consensus that cigarette [image-nocss] …
Category: Tobacco
Philip Morris International (PMI) Listed among 100 Top Patent Filers by the European Patent Office
The Company has a portfolio of over 1,800 granted patents and almost 4,000 pending applications published for intellectual property generated during the development of its smoke-free products. PMI’s ambition is to develop, assess and commercialize products that have the potential to present less risk of harm compared with continued smoking and that ultimately benefit smokers, public health and society at large.
Why Panera Bread, Tesaro, and Universal Corp. Jumped Today
The stock market was narrowly mixed on Wednesday, with the Dow Jones Industrials losing ground but the S&P 500 and Nasdaq Composite posting modest gains on the day. Earnings season has had positive effects on some stocks and negative ones on others, but the general uncertainty in the political realm and its potential impact on future economic growth continues to hold the market back from pushing further toward record-high territory.
A Popular High Dividend Stock for Retirement Portfolios
While it may come as a surprise, history has shown us many of the best long-term investments are not hyper-growth companies but much more boring dividend growth machines. For example, in the last 50 years, Altria Group Inc. has been one of the best-performing stocks on a total return basis , rising an incredible 6,648 fold.
British American Tobacco agrees on takeover of Reynolds
British American Tobacco Plc has agreed to fully take over Reynolds American Inc. on terms that are improved from an initial bid made last year. The takeover would create the world’s largest publicly traded tobacco company and combine BAT’s presence in developing countries, where anti-smoking campaigns are not as strong as in the U.S. and Europe, with Reynolds’ almost exclusive focus on the U.S. BAT said Tuesday it will buy the 57.8 percent of Reynolds it does not already own.
BAT agrees to buy Reynolds for $49 billion
British American Tobacco has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc , creating the world’s biggest listed tobacco company after it increased an earlier offer by more than $2 billion. BAT, which already owned 42 percent of Reynolds, will pay $29.44 in cash and 0.5260 BAT shares for each Reynolds share, it said, a 26 percent premium over the price of the stock on Oct. 20, the day before BAT’s first offer was made public.
BAT agrees to buy Reynolds for US$49 billion
British American Tobacco has agreed a US$49.4 billion takeover of U.S. rival Reynolds American Inc , creating the world’s biggest listed tobacco company after it increased an earlier offer by more than US$2 billion. FILE PHOTO – Pall Mall cigarettes are seen after the manufacturing process in the British American Tobacco Cigarette Factory in Bayreuth, southern Germany, April 30, 2014.
How Risky Is Altria Group, Inc.?
… and have limited borrowing capacity. As a result, taxing tobacco is a fertile source of revenue. Moreover, with health advocates calling for measures to reduce smoking and encourage smokers to quit, tobacco taxes are often politically attractive as …