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Stock Market & Financial Investment News

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June 20, 2012
15:07 EDTPMPhilip Morris volatility flat into two day analyst meeting
Philip Morris overall option implied volatility of 18 is near its 26-week average according to Track Data, suggesting non-directional price movement into a company hosted two day investor day meeting beginning on June 21.
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June 13, 2013
06:47 EDTPMFDA to look to regulate new types of tobacco products, NY Times reports
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June 12, 2013
10:20 EDTPME-cigarettes to be regulated in U.K. as medicines
The Medicines and Healthcare products Regulatory Agency announced that all nicotine-containing products, such as electronic cigarettes, are to be regulated as medicines in a move to make these products safer and more effective to reduce the harms of smoking. The UK Government has decided that the MHRA will regulate all NCPs as medicines so that people using these products have the confidence that they are safe, are of the right quality and work, according to the regulator.
June 10, 2013
08:07 EDTPMInvestors drawn to e-cigarettes, WSJ reports
An investment group including Silicon Valley entrepreneur Sean Parker is investing $75M for a minority stake in Scottsdale, AZ-based NJOY Inc., one of dozens of e-cigarette companies that have surfaced since 2006, reports the Wall Street Journal. The market for e-cigarettes is also under increasing regulatory scrutiny. Reference Link

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