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Stock Market & Financial Investment News

News Breaks
February 25, 2013
06:06 EDTPM, BTIJapan government to sell 16.6% of its shares in Japan Tobacco, WSJ reports
Japan's government is planning to reduce its stake in Japan Tobacco, potentially raising about $10B to help pay for reconstruction projects related to the March 2011 earthquake and nuclear disaster, reports the Wall Street Journal. The Finance Ministry said it plans to sell 333.33M shares, or 16.6% of its outstanding shares, next month. As a result, the government's stake will fall to about a third of the company from half now. The offer price will be determined between March 11 and March 13. Reference Link
News For PM;BTI From The Last 14 Days
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February 26, 2015
08:59 EDTPMAltria Group backs FY15 adjusted EPS $2.75-$2.80, consensus $2.80
Altria (MO) expects to record a one-time, pre-tax charge against reported earnings in Q1, reflecting the loss on early extinguishment of debt related to the tender offer. The final pre-tax charge will depend upon the pricing and amount of notes purchased in the tender offer. EPS guidance excludes the Charge as well as an approximate 2c per share provision that will be recorded by Philip Morris USA (PM) in Q1.
06:23 EDTBTIBAT plans to sue U.K.'s government if 'plain packaging' approved, WSJ reports
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February 23, 2015
11:55 EDTBTIBAT may buy out Brazilian minority stake for $3B, Bloomberg reports
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February 18, 2015
13:38 EDTPMPhilip Morris reaffirms FY15 EPS view $4.27-$4.37, consensus $4.32
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09:36 EDTPMAltria Group sees shipping e-vapor products for international market in Q1
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