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Stock Market & Financial Investment News

News Breaks
February 6, 2014
06:55 EDTLO, RAI, BTI, MO, PME-cigarettes prepare for FDA regulation, Bloomberg says
The Food and Drug Administration is preparing to make decisions determining whether e-cigarettes will be a gateway product for young smokers to develop a nicotine habit in the face of a $1.5B industry, reported Bloomberg. Some names in the tobacco industry include include Altria Group (MO), British American Tobacco (BTI), Lorillard (LO), Philip Morris (PM) and Reynolds American (RAI). Reference Link
News For PM;BTI;LO;MO;RAI From The Last 14 Days
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November 20, 2015
09:33 EDTBTIBritish American Tobacco rumored to prep for Imperial Tobacco takeover, FT says
British American Tobacco (BTI) has financing in place to launch a full takeover bid for Imperial Tobacco (ITYBY), though no approach has been made and there is "no certainty one ever will be," FT Alphaville said, citing people claiming direct knowledge of the process. The blog marked the story as "market chatter," it should be noted. Reference Link
November 18, 2015
10:38 EDTPMPhilip Morris sees FY15 international industry cigarette volume to decline 2.5%
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10:37 EDTPMPhilip Morris announces additional city launches of iQOS
PMI announces additional city launches in 2015 of its Reduced-Risk Product, iQOS, in Lisbon, Portugal, Bucharest, Romania and Moscow, Russia;
10:36 EDTPMPhilip Morris backs FY15 EPS $4.35-$4.40, consensus $4.44
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06:39 EDTBTI, MO, PM, RAIE-cigarette sales slumping sharply, WSJ says
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