How Big Tobacco Is Set To Become Big Marijuana (PM)

marijuana stocks
From Bill Hall: Could marijuana investing be the break you need to build a million-dollar fortune in the months ahead?
NYSE:PM July 23, 2017 7:24am

Big Tobacco Is About To Pivot To Big Marijuana (XLP)

marijuana stocks
From Bill Hall: In last week’s Money and Markets article, I told you about how one of America’s biggest sin stock industries is positioning itself to profit from the expected legalization of marijuana at the federal level in the U.S.
NYSE:XLP June 30, 2017 9:35am

Altria’s Forecast Misses Following Mixed Q4 Results

From Altria Group Inc (NYSE:MO) early Wednesday posted mixed fourth quarter earnings results and offered an outlook that fell short of expectations.
NYSE:MO February 1, 2017 7:38am

Analyst: Philip Morris Acquisition Of Altria Gaining Steam

According to Wells Fargo analyst Bonnie Herzog, the likelihood of a tobacco mega merger between Philip Morris (NYSE:PM) and Altria (NYSE:MO) has improved as of late, with a deal possibly on tap for 2017.
NYSE:MO December 19, 2016 9:56am

Is Altria The Best Way To Play Legal Marijuana?

From Bob Ciura: This could be a turning point in the marijuana legalization movement. The recent election saw the largest state in the union, California, legalize marijuana for recreational use, in addition to Massachusetts and Nevada.
NYSE:MO December 9, 2016 7:55am

Report: British American Tobacco Prepping a Higher Bid For RAI

Reynolds American, Inc. (NYSE:RAI) shares were on the rise Monday morning, after a report surfaced indicating a higher takeover bid was coming this week from British American Tobacco.
NYSE:RAI December 5, 2016 9:07am

Altria’s SABMiller Investment Pays Off; Q3 Earnings Beat Expectations

Tobacco giant Altria Group Inc (NYSE:MO) this morning posted market-beating Q3 earnings and noted a recent alcohol investment has paid off nicely.
NYSE:MO October 27, 2016 8:37am

Tobacco Merger News Boosting Consumer Staples ETF

Today brings news of multiple potential tobacco mega mergers, which placed attention to a handful of major consumer-focused exchange traded funds with large tobacco exposure.
NYSE:XLP October 21, 2016 3:52pm

Reynolds American Shares Surge 23% on British American Takeover Offer

British American Tobacco PLC (NYSE:BTI) made a big merger offer to Reynolds American, Inc. (NYSE:RAI) today, spiking the latter’s shares up to 23% in early trading.

Philip Morris International is Dominating the E-Cigarette Revolution in Japan

Philip Morris International Inc. (NYSE:PM) is making big inroads in the Japanese tobacco market with its iQOS smokeless tobacco e-cigarettes, which could drive big revenues in a country with 20 million smokers.
NYSE:PM August 12, 2016 12:03pm

Altria’s Revenue Falls Despite Raising Prices; Could Dividend be in Jeopardy?

Tobacco giant Altria Group Inc (NYSE:MO) on Wednesday posted better-than-expected earnings results, although its tepid outlook wasn’t enough to give the shares much of a boost.
NYSE:MO July 27, 2016 8:18am

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