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Stock Market & Financial Investment News

News Breaks
March 4, 2014
06:17 EDTPMPhilip Morris plans hybrid cigarette, WSJ reports
Philip Morris International's new “reduced risk product” is a hybrid, a black, cigarette-shaped tube with a battery and electronics. On one end is a miniature cigarette, a couple of inches long, paper filled with real tobacco. If it's successful, they'll be available in test markets later this year, reports the Wall Street Journal. These bets are worth watching in the tobacco industry, whose core product is in long-term decline.Reference Link
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January 29, 2015
09:21 EDTPMCalifornia regulators call for e-cigarette restrictions, CNBC says
The California Department of Public Health declared Wednesday that electronic cigarettes are a health threat that should be regulated, says CNBC, citing the department's health report. The report claims e-cigarettes cause nicotine addiction and emit carcinogens, and the department is calling for "protections" against accidental nicotine ingestion, funds for an education campaign, and regulations on the sale and marketing of the product. Publicly traded companies in the space include Lorillard (LO), Reynolds American (RAI), Altria (MO), Vector (VGR), and Philip Morris (PM). Reference Link
January 23, 2015
09:36 EDTPMActive equity options trading
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