Tobacco
Philip Morris Stock Is Smoking Hot on Earnings Beat, Raised Guidance
The cigarette maker reported increased year-over-year earnings despite a slight dip in revenue.
British American Tobacco Coughs Up Big Dividend Yields
BTI's dividend yield has flared to 7% as the stock price has dipped about 30% recently -- a drag for existing shareholders but a burning opportunity for new investors.
Altria Upgraded to Buy at Goldman, Philip Morris International Affirmed at Buy
Goldman analyst Judy Hong expects the current discount on tobacco stocks to narrow.
Morningstar High on Pot Growth, Sees U.S. Going Legal by 2023
Analysts say nation will turn a new leaf, changing federal law within a few years, as cannabis industry expected to grow big time over next decade.
Vector Group Is Not Lighting Up the Charts
Smoking is not healthy and neither are the charts of tobacco stock VGR.
Altria Falls; ex-FDA Commissioner Doubts Juul's Ability to Win e-Cig Clearance
Concern about youths' use of e-cigarettes may hinder Juul's application, former FDA commissioner Gottlieb says.
Prohibition and the Paradoxical Proclivity of Cannabis Consumption
Is prohibition the real factor propping up projections for demand and pricing in the cannabis market?
Altria Buys 80% of Swiss Tobacco Company Burger
Tobacco company Altria Group agrees to buy 80% of the Swiss company Burger Sohne for $327 million.
Altria Shares Fall After Tobacco Maker Misses Earnings Estimates
The tobacco maker misses expectations in the first quarter on both the top and bottom lines. It reiterates 2019 earnings guidance.
Walgreens Raises Tobacco Buying Age to 21
Starting Sept. 1, customers have to be 21 to purchase tobacco products at Walgreens.