cigarettes

The U.S. Food and Drug Administration's policy shift on tobacco and nicotine regulation initially resulted in a 20-percent plunge in Altria Group Inc (NYSE: MO), the parent company of notable cigarette brands including Philip Morris. Needless to say, the FDA's crackdown on nicotine products is a...

Analysts warned investors Friday not to overreact to a Food and Drug Administration edict to cut nicotine in cigarettes to non-addictive levels, saying it actually may be good for Big Tobacco’s profits. Regardless, shares of cigarette manufacturers plummeted when the FDA announcement came...

Cigarette manufacturers plummeted Friday on news that the U.S. Food and Drug Administration would take steps to limit cigarette nicotine to non-addictive levels. “The overwhelming amount of death and disease attributable to tobacco is caused by addiction to cigarettes – the only legal...

Election Day 2016 could bring some big changes to the tobacco industry. Four states will take to the polls to vote on potential increases in state excise taxes on tobacco products, including California, Colorado, North Dakota and Missouri. These four states account for 15 percent of total U.S....

Morgan Stanley said British American Tobacco PLC (ADR) (NYSE: BTI)’s offer to buy Reynolds American, Inc. (NYSE: RAI) for $56.50 is constructive for long-term consolidation in the tobacco industry. “Our initial math on BAT's $56.50/share offer for RAI –16.3x LTM EV/EBITDA, 20...

Reynolds American, Inc. (NYSE: RAI) shares dropped more than 3 percent following the company’s Q3 earnings report. However, Citi analyst Adam Spielman believes Reynolds’ underlying business is actually performing really well and sees the earnings sell-off as a buying opportunity....

Philip Morris International Inc. (NYSE: PM)'s third-quarter results provided little news for investors, as the story of the tobacco giant has remained fairly unchanged. Philip Morris' third-quarter results beat consensus EPS estimates by two cents, despite lower volumes. Operating income beat...

Reviewing the third-quarter results of Philip Morris International Inc. (NYSE: PM), Goldman Sachs said the company is one of the most compelling innovation stories in staples. 3Q Results Analyst Judy Hong noted that the company reported third-quarter earnings per share of $1.25, ahead of her $1....

Smokers, pay attention: Your habit is not only dangerous to your health; it could put a damper on your retirement plans. Fool.com's Selena Maranjian explored the relationship between smoking and retirement, and it is frightening. Consider that the average retail price of a pack of cigarettes was...

Investors and traders welcomed news of lower than expected inflation. The U.S. Labor Department monthly Consumer Price Index (CPI) data for October fell 0.10 percent, compared to an estimated flat reading. Year over year, the index is up 1.00 percent, in line with expectations. The Fed's target...