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Stock Market & Financial Investment News

News Breaks
December 19, 2012
08:50 EDTPM, BTI, MO, VGR, CIGX, RAI, LOEU announces proposed legislation for strengthened tobacco rules
The European Commission announced that it has adopted its proposal to revise the Tobacco Products Directive. The proposed legislation consists of new and strengthened rules on how tobacco products can be manufactured, presented, and sold, the agency said. Specifically, it bans the use of cigarettes, roll-your-own tobacco and smokeless tobacco products with characterizing flavors. It regulates cross border internet sale and foresees technical features to combat illicit trade. Moreover, measures are proposed for products that were not specifically regulated so far such as e-cigarettes and herbal products for smoking. Chewing and nasal tobacco will be subject to specific labeling and ingredient regulations. The existing ban for oral tobacco shall be maintained. Reference Link
News For CIGX;RAI;LO;PM;BTI;MO;VGR From The Last 14 Days
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August 29, 2014
08:05 EDTRAI, LOReynolds, Lorillard receive additional information requests from FTC
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August 27, 2014
07:28 EDTRAI, MO, BTI, LO, PMTobacco giants grab C-store e-cig share as sales shift to 'vape shops,' WSJ says
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August 26, 2014
13:17 EDTRAI, PM, MO, LO, BTIWHO calls on countries to restrict e-cigarette use, NY Times says
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12:16 EDTMOCourt rules Philip Morris must protect itself against suit, Bloomberg says
An appeals court ruled that Philip Morris USA, a unit of Altria Group, needs to protect itself against a whistle-blower case regarding military cigarette pricing, according to Bloomberg, citing comments that U.S. Circuit Judge Cornelia wrote for a three-panel judge. The ruling rejects the company's allegation that the case didn't cite new data. Reference Link
August 21, 2014
12:00 EDTMOAltria Group raises quarterly dividend by 8.3% to 52c from 48c
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