tobacco

Is Vaping Really Worse Than Smoking?

One of the arguments for allowing e-cigarettes to continue to be sold has been that for people trying to quit smoking tobacco, vaping was the best action a smoker could ...
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Altria Blows Off $4.5 Billion Charge Related to Vaping Fatalities

Altria Group Inc. (NYSE: MO) reported third-quarter 2019 results before markets opened on Thursday. The maker of Marlboro cigarettes posted quarterly adjusted diluted earnings per share (EPS) of $1.19 on ...
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Why Philip Morris Is Taking Some Heat for Earnings

When Philip Morris International Inc. (NYSE: PM) reported its most recent quarterly results before the markets opened on Thursday, the company said that it had $1.43 in earnings per share ...
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Will Vaping Catastrophe Play in to Philip Morris Earnings Thursday?

Philip Morris International Inc. (NYSE: PM) is set to report its most recent quarterly results before the markets open on Thursday. The consensus estimates are calling for $1.36 in earnings ...
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Altria’s Plans Go Up in Smoke

Altria Group Inc. (NYSE: MO) and Philip Morris International Inc. (NYSE: PM) saw their shares moving in opposite directions after the companies announced that their merger discussions have ended and ...
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Philip Morris International and Altria Want to Get Together All Over Again

There is a long push-pull effort among investment banking advisory trends in which Wall Street tells corporate America how it should be positioning itself. Back when Altria Group Inc. (NYSE: ...
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Altria Delivers Yet Another Dividend Hike With a Monster Yield

It almost seems too good to be true that a tobacco giant can keep raising its dividend year in and year out. After all, smoking cigarettes is just not that ...
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Americans Want the Minimum Age to Buy Tobacco Raised

In many states, people under 21 years old can buy tobacco products. Most Americans don't approve of this and want the age barrier to be above 21. This, in turn, ...
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Pot Stock Analyst Downgrade Brings $400 Million Hit to Aurora Cannabis

Whether it be medical or recreational marijuana, there is expected to nearly limitless growth in the United States for the successful businesses that get their models right. That said, it's ...
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Philip Morris Lights Up With Q2 Earnings

When Philip Morris International Inc. (NYSE: PM) reported its most recent quarterly results before the markets opened on Thursday, the company said that it had $1.46 in earnings per share ...
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Innovation Shares Launches New Legalized Marijuana ETF as Lowest-Cost Option

The current market for legalized marijuana already has grown into the billions, and many sources are calling for exponential growth in the coming decade. With the rise of so many ...
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Will High Prices for Juul Pods Accomplish What the FDA and Mitch McConnell Can’t?

Last November, responding to pressure from the U.S. Food and Drug Administration (FDA), e-cigarette maker Juul discontinued retail store sales of some of its flavored nicotine pods. The liquids, with ...
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Canadian Marijuana Use Jumps Even More Than Expected After Legalization

Legalizing marijuana for recreational use can be a controversial topic that crosses political lines, demographics, and age groups, and traverses borders. With more states in the United States having ...
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FDA OKs Sales of Philip Morris IQOS Non-Burning Cigarette

The U.S. Food and Drug Administration (FDA) on Tuesday announced that the agency has authorized U.S. sales of the IQOS tobacco-heating system from the U.S. arm of Philip Morris International ...
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Why Altria Earnings Went Up in Smoke

Altria Group Inc. (NYSE: MO) reported first-quarter 2019 results before markets opened on Thursday morning. The Marlboro cigarette maker firm posted quarterly adjusted diluted earnings per share (EPS) of $0.90 ...
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