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Vector Group Director Jeffrey Podell unloaded 10,000 shares of Vector Group stock in a transaction that occurred on Thursday, March 6th.
Lorillard Inc. , the maker of Newport cigarettes, rose 8 percent this week amid speculation that Camel maker Reynolds American Inc. will bid for the $19 billion company.
But, a yield near 5 year highs and a PE below 5 year average make Philip Morris look attractive here.
Philip Morris International has been selling tobacco products since the end of the 19th century, and will continue to sell them long after this article is published.
An e-cigarette advertisement campaign on a billboard in Miami reads "I don't always vape, but when I do, I choose Vapor Shark," Kris Kringle.
While the tobacco industry sputters in developed countries due to regulation and health issues, the opposite story unfolds in developing nations: rising incomes and populations are driving positive growth for global tobacco companies.
Imperial Tobacco Group, the British cigarette company, has awarded its global marketing account to Omnicom's BBDO network, through Proximity's German office, after a pitch.
A top tobacco analyst with Wells Fargo said a possible deal between Reynolds American and Newport cigarette maker Lorillard would likely be approved by the FTC.
Scientists have created temperature maps to explain how reduced ignition propensity bands influence cigarette burn rate and possibly the chemical composition of the resulting smoke.
Cigarette Companies Report Stock Summaries, Dividends, Financial Results and Announcements - Analyst Notes on Lorillard, Reynold American, Altria Group, Philip Morris International, and Vector Group Today, Analysts Review released its analysts' notes regarding Lorillard, Inc. , Reynolds American Inc. , Altria Group Inc. , Philip Morris ... (more)
FAB Universal Corp. announced Wednesday it has retained FTI Consulting Inc. and FTI Investigations LLC to look into allegations from short sellers that the company had been misreporting its financials and overstating its distribution network in China.
The MSCI All Country World Index pulled in 23.44% for 2013, its highest gain since 2009.
Carlyle intends to use the net proceeds from the sale of the notes for general corporate purposes, including investments in its funds as well as investment capital for acquisitions of new fund platforms and strategies or other growth initiatives to drive innovation across the broader Carlyle platform.
Carlyle has granted the underwriters a 30-day option to purchase up to an additional 1,800,000 common units.
Los Angeles is poised to join New York and Chicago in banning the use of electronic cigarettes in workplaces, restaurants and many public areas, threatening the growth of an industry segment that reached $1.5 billion in sales last year.