tobacco

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....

Goldman Sachs is downbeat on the third-quarter earnings of tobacco companies, with the firm stating the third quarter is unlikely to reverse recent underperformance in the sector. The firm is below-consensus on Philip Morris International Inc. (NYSE: PM) and Reynolds American, Inc. (NYSE: RAI)...

Referring to the incident's police report, CNN Money wrote that Oakland resident Raul Murillo Diaz was arrested June 30 after being caught driving in the empty Google (Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)) campus parking lot with a gun and possible bomb-making materials in his possession....

According to the Royal College of Physicians (RCP) in the United Kingdom, smokers can see benefits from switching to less harmful e-cigarettes. According to the RCP, the growth of electronic cigarettes, or e-cigs, serves as evidence that smokers want to reduce their nicotine intake. However, e-...

On Friday, Stifel released a research summary highlighting select tobacco companies heading into Q4 earnings in addition to the firm's 2016 outlook. "Tobacco stocks outperformed consumer staples and the S&P 500 in the fourth quarter (+310bps)," Stifel commented. "Tobacco stocks are trading at...

Credit Suisse's U.S. equity research team, led by Lori Calvasina, released a report titled "August's Sell-Off in a Nutshell." The analysts began the report by noting that the "rout" in equities over the past few days "should not be surprising" as institutional investors and traders developed...

One of the most politically-charged issues in America is public smoking. While the trend in recent years seems to be toward the eventual elimination of all traces of public smoking, one of the tobacco industry’s last remaining grips on public smoking may be slowly slipping through its...

Big tobacco companies are threatening to challenge new plain-packaging laws in the UK and Ireland saying that forcing all manufacturers to sell their cigarettes without any branding whatsoever is unlawful. This month, both nations followed in Australia's footsteps in passing a law that...

Reynolds American, Inc. (NYSE: RAI) came out with its fourth-quarter earnings report earlier today, February 10. The company posted an EPS of $0.28 for the quarter, compared to $0.54 it reported for the same quarter last year. Susan Cameron, CEO at Reynolds American, was on CNBC after the...

Christopher Growe of Stifel commented on Tuesday that U.S. tobacco volumes are likely to show less of a decline in 2015, pricing is set to accelerate resulting in tobacco companies benefiting from earnings per share growth. Growe estimates tobacco companies will see 9 percent EPS growth with...

CVS Health Corp (NYSE: CVS) has been working on integrating health plans, doctors’ offices and hospital systems recently. Sales of cigarettes, however, had undermined the company’s health-oriented efforts. According to Forbes, Executive Vice President, Helena Foulkes,...

In February of this year, CVS Caremark Corp. (NYSE: CVS) made headlines –- and acclaim from anti-smoking activists –- when it announced the company would phase out the sale of cigarettes, cigars and chewing tobacco in more than 7,600 drugstores by October 2014. Investors worried the...