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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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August 24, 2015
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August 17, 2015
07:13 EDTPMPhilip Morris should be bought at current levels, says Wells Fargo
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