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News Breaks
July 30, 2014
06:37 EDTRAI, LO, MO, BTI, VGR, PMReport says tobacco tax regulation lost U.S. revenue, Reuters says
A report from the U.S. Government Accountability Office said that a 2009 regulation that increased federal taxes to dissuade smoking actually cost the government billions of dollars in bygone revenue as firms relabeled products and clients moved to less expensive pipe tobacco and big cigars, according to Reuters, citing the watchdog agency's comments in the report along with comments from Liggett Vector Brands CEO Ronald Bernstein. Liggett Vector Brands is a unit of Vector Group (VGR). Publicly traded companies in the tobacco industry include Altria Group (MO), British American Tobacco (BTI), Lorillard (LO), Philip Morris (PM) and Reynolds American (RAI).
News For BTI;LO;PM;MO;RAI;VGR From The Last 14 Days
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March 25, 2015
05:52 EDTPMStocks with implied volatility movement; VALE PM
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March 23, 2015
15:53 EDTLO, RAICapitol Forum: FTC timing agreement for Lorillard deal extended, Bloomberg says
Capitol Forum reported earlier, citing a person familiar with the matter, that the FTC timing agreement for the review of Reynolds American's (RAI) proposed acquisition of Lorillard (LO) has been extended by one week to March 31.
09:40 EDTVGROppenheimer to hold a field trip
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06:59 EDTMO, PM, RAIBig Tobacco accused of trying to dampen e-cigarette sales, Reuters says
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March 20, 2015
10:07 EDTVGRVector Group management to meet with Oppenheimer
Meeting to be held in Europe on March 20 hosted by Oppenheimer.
March 15, 2015
15:59 EDTRAI, LOFTC increases scrutiny on Reynolds-Lorillard deal, WSJ says
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