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Stock Market & Financial Investment News

News Breaks
December 19, 2012
08:50 EDTVGR, PM, MO, BTI, CIGX, LO, RAIEU 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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July 6, 2015
10:01 EDTMOOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: 58.com (WUBA) upgraded to Buy from Hold at Summit Research... Altria Group (MO) upgraded to Buy from Outperform at CLSA... Ares Commercial (ACRE) upgraded to Outperform from Market Perform at FBR Capital... BAE Systems (BAESY) upgraded to Overweight from Equal Weight at Morgan Stanley... BGC Partners (BGCP) upgraded to Strong Buy from Outperform at Raymond James... Cognizant (CTSH) upgraded to Buy on valuation at CLSA... Edwards Lifesciences (EW) upgraded to Overweight from Equal Weight at Morgan Stanley... Guess (GES) upgraded to Neutral from Underweight at Piper Jaffray... MarkWest Energy (MWE) upgraded to Overweight from Equal Weight at Barclays... Palo Alto (PANW) upgraded to Outperform following checks at Cowen... The Medicines Co. (MDCO) upgraded to Buy from Neutral at Mizuho... TripAdvisor (TRIP) upgraded to Equal Weight from Underweight at Barclays... Union Pacific (UNP) upgraded to Outperform at Cowen... United Continental (UAL) upgraded to Buy from Fair Value at CRT Capital... eHealth (EHTH) upgraded on Medicare outlook, risk/reward at RBC Capital.
07:34 EDTMO, MOAltria Group upgraded to Buy from Outperform at CLSA
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05:51 EDTPMPhilip Morris to cut stake in Indonesian unit, may raise over $1B, Reuters says
Philip Morris (PM) plans to sell a stake worth at least $1B in its Indonesian unit to comply with free-float rules, reports Reuters. According to two people familiar with the matter, the company short-listed Goldman Sachs (GS), Credit Suisse (CS), JPMorgan (JPM), Citigroup (C) and Mandiri Sekuritas to sell down its holding by at least 5.68%. Reference Link
June 29, 2015
10:04 EDTVGRHigh option volume stocks
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June 26, 2015
16:20 EDTPMPhilip Morris subsidiary to explore options for complying with requirement
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June 23, 2015
08:03 EDTMOAltria Group reaffirms FY15 adjusted EPS view $2.75-$2.80, consensus $2.80
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07:15 EDTVGROppenheimer to hold a conference
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