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Stock Market & Financial Investment News

News Breaks
June 18, 2014
06:41 EDTPM, BTI, JAPAF, ITYBYE.U. regulations aim to track, trace tobacco products, Reuters says
The E.U. is asking tobacco firms Philip Morris (PM) British American Tobacco (BTI), Japan Tobacco (JAPAF) and Imperial Tobacco (ITYBY) to do more to track and trace their products in order to tackle a huge black market and prevent some of the deaths linked to smoking-related diseases, reported Reuters. The legislation takes effect over the next two years, but the large international tobacco companies already use a track and trace system called Codentify and do not want to add an expensive third-party system to their operations. Reference Link
News For PM;BTI;JAPAF;ITYBY From The Last 14 Days
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July 30, 2014
06:37 EDTBTI, PMReport says tobacco tax regulation lost U.S. revenue, Reuters says
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July 17, 2014
07:07 EDTPMPhilip Morris reports Q2 cigarette shipment volume down 2.7% to 222.8B units
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07:04 EDTPMPhilip Morris says FY14 adjusted EPS growth could be at low end of 6%-8% range
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07:02 EDTPMPhilip Morris backs FY14 reported EPS view $4.87-$4.97
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07:00 EDTPMPhilip Morris reports Q2 adjusted EPS $1.41, consensus $1.24
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