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Could Biden Extinguish Tobacco Stocks With This Regulation?
Thursday, April 28, 2022 - 10:52am | 599Read More...The U.S. government could be speeding up a plan to ban menthol cigarettes, according to a new report. Here’s the new timeline and two stocks that could be affected. What Happened: The Biden Administration could advance a ban on menthol cigarettes, according to a Wall Street Journal...
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Trump Presidency Has Big Implications For British American Tobacco-Reynolds Merger
Wednesday, January 11, 2017 - 12:10pm | 285Read More...British American Tobacco PLC (ADR) (NYSE: BTI)'s pursuit of acquiring the remaining 58 percent of Reynolds American, Inc. (NYSE: RAI) it doesn't already own remains ongoing. The pursuit began prior to the U.S. election, but President-elect Donald Trump's win has major implications for the deal....
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Reynolds American's Disappointing Quarter Belies A Strong Growth Story
Thursday, October 20, 2016 - 10:08am | 263Read More...Reynolds American, Inc. (NYSE: RAI) third quarter earnings per share and revenue fell short of what analysts were expecting. Despite the miss, Vivien Azer of Cowen And Company reiterated an Outperform rating and $57 price target on the stock. According to the analyst, the company is still...
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Philip Morris Hits New 52-Week High As Management Reaffirms 2016 Guidance
Wednesday, February 17, 2016 - 3:48pm | 154Read More...Shares of Philip Morris International Inc. (NYSE: PM) hit a new 52-week high of $92.19 on Wednesday and were trading higher by nearly 2 percent after the company reaffirmed its prior 2016 guidance. Speaking at the Consumer Analyst Group of New York (CAGNY) Conference, Philip Morrris offered a...
