Latest News for: Tobacco stocks

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Senators tackle gun violence anew while Feinstein’s ban on assault weapons fades into history

McDowell News 10 Dec 2023
Supreme Court will rule on ban on rapid-fire gun bump stocks, used in the Las Vegas mass shooting ... The GOA is suing the Bureau of Alcohol, Tobacco, Firearms and Explosives, and is leading the legal challenge to a ban on bump stocks, an attachment sometimes used with assault weapons ... Bump stocks ... Bump stocks are illegal for almost all U.S.
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9.9% yield! I just doubled down on this high-yield FTSE 100 share!

The Motley Fool 09 Dec 2023
More reading What’s the FTSE 100’s best 10% dividend yield? The British American Tobacco share price has plummeted 6%! Is this a rare chance to buy? Is the British American Tobacco (BAT) share price NOW too cheap to miss? Best British value stocks to consider buying in December These FTSE shares have fallen 20%+ in 2023.
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What’s the FTSE 100’s best 10% dividend yield?

The Motley Fool 08 Dec 2023
More reading Will these two downtrodden FTSE 100 stocks reach £1 again? The British American Tobacco share price has plummeted 6%! Is this a rare chance to buy? Is the British American Tobacco (BAT) share price NOW too cheap to miss? Best British value stocks to consider buying ...
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Why Altria and BAT Are Still Good Income Plays

Market Watch 08 Dec 2023
Tobacco companies face an uncertain future, even as they try to move beyond combustible cigarettes to smokeless products. But one thing is certain for investors in Altria Group or British American Tobacco —the dividend is safe. The stocks have slumped this year and now yield nearly 10% ... Investors should hold the stock, but not add to the position.
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These US Supreme Court Rulings Could Completely Upend Gun Control

The Epoch Times 08 Dec 2023
Garland, which asks whether a bump stock device is a “machine gun” following the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) having issued a ban ...
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22nd Century proposes 2nd reverse stock split

Winston-Salem Journal 08 Dec 2023
22nd Century Group's shareholders could soon see their spiraling investment diluted yet again via a management proposal for a second reverse stock split ... The tobacco and cannabis manufacturer informed investors in a regulatory filing Wednesday of its proposal for a reverse stock split ranging from 1 for 2 to 1 for 16.
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The British American Tobacco share price has plummeted 6%! Is this a rare chance to buy?

The Motley Fool 07 Dec 2023
It’s been an underwhelming year for the British American Tobacco (LSE ... This impairment cost was a reminder of the flagging popularity of the tobacco industry ... More reading Is the British American Tobacco (BAT) share price NOW too cheap to miss? Best British value stocks to consider buying in December These FTSE shares have fallen 20%+ in 2023.
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22nd Century proposes second reverse stock split

Winston-Salem Journal 07 Dec 2023
22nd Century Group's shareholders could soon see their spiraling investment diluted yet again via a management proposal for a second reverse stock split ... The tobacco and cannabis manufacturer informed investors in a regulatory filing Wednesday of its proposal for a reverse stock split ranging from 1 for 2 to 1 for 16.
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Chris Christie failed to disclose free Mets tickets, big speaking fees: gov't docs

Raw Story 07 Dec 2023
The U.S ... Raw Story first reported on Oct ... He reported hundreds of investments, including stocks in defense contractors such as Boeing and Lockheed Martin, tobacco company Phillip Morris, pharmaceutical companies Eli Lilly and Pfizer, gas company ExxonMobil and semiconductor manufacturer Broadcom ... Ron DeSantis, former South Carolina Gov and U.N ... .
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Miners offset slide in tobacco stocks

The Times/The Sunday Times 06 Dec 2023
A boost from miners offset a weakness among tobacco stocks this morning, lifting the FTSE 100 out of negative territory ... Related articles. MARKET REPORT ... December 05 2023, 7.40pm ... Trading at the London Stock Exchange is halted twice in one day ... .
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Is the British American Tobacco (BAT) share price NOW too cheap to miss?

The Motley Fool 06 Dec 2023
The British American Tobacco (LSE.BATS) share price has plunged again in Wednesday trading ... Tobacco stocks face considerable uncertainty as the fight to phase out cigarettes heats up ... As a bonus, the tobacco titan also boasts an eye-popping forward dividend yield ... The Motley Fool UK has recommended British American Tobacco P.l.c.
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Smoked Out: Camel Parent British American Tobacco’s Stock Sinks To 12-Year Low

Forbes 06 Dec 2023
The Camel and Newport parent company announced Wednesday it wrote down its U.S. tobacco brands by $31.5 billion, sending shares down 8% ... .
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Which of these is the best dirt cheap FTSE 100 stock to buy for 2024?

The Motley Fool 06 Dec 2023
But which of them is the better bargain stock to buy next year? Imperial Brands. At £18 a share, tobacco titan Imperial Brands (LSE.IMB) trades on a forward P/E ratio of 8.4 times for this financial year (to September 2024) ... The dangers to Big >Tobacco companies like this are widely documented.
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Cigarette firm BAT takes a £25bn hit amid mounting backlash over smoking

The Daily Mail 06 Dec 2023
British American Tobacco has taken a £25billion hit as smokers turn away from cigarettes. The Lucky Strike and Dunhill maker will write down the value of some of its US brands as tobacco sales tumble ... BAT, which makes Lucky Strike and Dunhill cigarettes, said it will write down the value of some of its US brands as tobacco sales tumble.
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Altria and Philip Morris stocks fall in sympathy with BAT after news of huge writedown

Market Watch 06 Dec 2023
MO, +0.16% and Philip Morris International Inc.’s stocks PM, -0.42% fell in premarket trade Wednesday, caught up in the downdraft created by British American Tobacco’s massive $31.5 billion writedown of its cigarette brands.
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