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What Philip Morris' Plant Conversion Could Mean for the Stock

20m zacks
Philip Morris International Inc. (PM - Free Report) seems to stand firm on its ambitions of developing a smoke free future, evident from its recent move to completely transform one of its cigarette production facilities in Greece for the manufacture of HEETS — a unit used with iQOS. At a time when Philip Morris, like other major tobacco players, is witnessing receding cigarette sales, the company has been tactfully keeping its ducks in a row with reduced risk products (RRPs). (9-0)

UPDATE 1-UK Stocks-Factors to watch on March 22

7h reuters
March 22 (Reuters) - Britain’s FTSE 100 index is seen opening 22 points lower on Thursday, according to financial bookmakers, with futures down 0.4 pct ahead of the cash market open. (22-0)

Legal stoush flares up in $2.5b tobacco industry

Philip Morris (New Zealand) is suing British American Tobacco (New Zealand), alleging its larger rival is breaching competition law by locking retailers into contracts designed to preserve its dominance in a $2.5 billion market. (2-0)

Has Altria’s Stock Price Bottomed Out?

As of March 20, 2018, Altria Group (MO) was trading at $61.52, which represents a fall of 12.5% since the announcement of its 4Q17 earnings on February 1, 2018. (8-0)

FDA may restrict menthol, other flavor from tobacco cigarettes, e-cigs

2018-03-20 cnbc
The Food and Drug Administration is taking the first step toward implementing a rule about the role that flavors, including menthol, play in attracting users to certain tobacco products. On one hand, fun e-cig flavors like creme brulee might be enticing teenagers and young adults, but the FDA is trying to balance that with the flavors helping some adults to quit smoking traditional cigarettes. (3-0)

British American Tobacco: A Lucky Strike

2018-03-20 seekingalpha
It has been said "You can't legislate away bad behavior" and in this case I would apply the term to mean you cannot force people to give up bad habits, even if they know they probably should. Cigarettes obviously are at the top or near the top of vices that human beings continue to go along with despite the well-known ill effects including cancer and death. (2-0)

ETF Month #4: Developed Markets (Ex-North America) With EFA. But Is There A Better Alternative?

2018-03-18 seekingalpha
During "ETF Month", I plan to survey a number of ETFs that have a lot of followers on Seeking Alpha, but for some reason don't have much coverage on the site. Hopefully, this will improve the visibility of Cambridge Income Laboratory and draw more members to our service, allowing me to make the newsletter better than ever. I will also be taking ETF suggestions, so do let me know if you have any ETFs on your horizon. (29-0)

How Did Altria and Philip Morris Perform in 4Q17?

Philip Morris International (PM) and Altria Group (MO) have both released their 4Q17 earnings. In this series, we’ll analyze their performances during the quarter. We’ll look at their 4Q17 revenues, margins, and EPS (earnings per share). We’ll also cover management guidance and analyst estimates for 2018. Finally, we’ll look at the companies’ valuation multiples and analyst recommendations. (8-0)

Altria Loses 15% in a Year: Can Strategic Efforts Aid Growth?

2018-03-16 zacks
Cigarette consumption rates have been charring down, which in turn has been choking the performance of major tobacco players like Altria Group, Inc. (MO - Free Report) . Evidently, these hurdles have caused shares of this Virginia-based company to plunge close to 15% in the past year, wider than the industry’s decline of 10.5%. Nevertheless, Altria is trying all means to find a breather in reduced risk tobacco products (RRPs) – which have been gaining traction. (8-0)

Japan Tobacco to buy Russian tobacco group Donskoy for $1.6 billion

2018-03-16 cnbc
Japan Tobacco has agreed to buy Russia's Donskoy Tabak for about 90 billion roubles ($1.56 billion) to strengthen its leading position in the world's third-largest tobacco market. (5-1)

FDA Takes ‘Pivotal Step’ in Plan to Cut Nicotine in Cigarettes - Bloomberg

2018-03-15 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (8-0)

FDA Moves to Curb Nicotine in Cigarettes - WSJ

2018-03-15 wsj
U.S. health officials took the first concrete steps toward cutting the nicotine content in cigarettes to nonaddictive levels, opening a public inquiry ahead of proposed regulations to lower nicotine levels. (36-0)

FDA moves forward on nicotine regulation in cigarettes

2018-03-15 cnbc
The Food and Drug Administration is making initial steps toward implementing a rule about the maximum level of nicotine in combustible cigarettes, following an announcement of its plans last summer that rocked stocks of tobacco companies. (4-0)

Looking For Dividend Growth Stocks?

2018-03-11 seekingalpha
There are a couple investments I usually focus on: REITs and dividend champions with strong past growth and likely future growth. REITs are a good addition to almost any portfolio. They generally carry higher dividends relative to the equity markets. Further, as a sector, they are currently undervalued while most other sectors are overvalued. (33-2)

Having A Late-Life Drug (Deductible) Crisis? Do This!

2018-03-10 seekingalpha
Growing old is tough enough without having to constantly deal with governmental and health insurance onslaughts. (57-1)