|Day Low/High||79.95 / 81.96|
|52 Wk Low/High||64.67 / 92.74|
The company claims that cigarette alternatives are less harmful.
The latest Philip Morris earnings were very disappointing, again. But in Asia, the company is transitioning away from cigarettes and toward next-gen nicotine products, as these figures show.
Dow and S&P 500 move slightly deeper into record territory on 30th anniversary of the 1987 crash.
"I have really in my own mind been looking for a crash, not a bear market... We are in the middle of something like 1946 and 1962 -- and to some extent something like 1929 but not as bad....I look not for a long bear market but for a brief but vicio...
My recent trip to Seoul showed how it's not North Korea that worries South Koreans. It's the White House occupant that's the wild card in an old game.
Asia will be the battlefield for smoke-free nicotine devices, which don't sound catchy but are catching on fast in in the Asian markets where they're available.
Japan's leading cigarette company has bought big cigarette players in Indonesia and the Philippines. But it would be better off burning its cash in other ways.
Asia is the Alamo for cigarette makers, site of their last stand. When will cigarette producers realize the future burns electric?
A remarkable amount of people smoke in Asia. Will the region's switch to e-cigarettes save the makers of traditional cigarettes?
Here are five things you must know for Wednesday, April 12
Big tobacco companies are merging as customers turn to vaping.
The combinations make so much sense and are so obvious.
A breakdown seems the more likely scenario, though the stock could go either way.
Investors who jumped on the Blue Chip dividend train five years did well, but now they are expensive.
An increasing payout and falling free cash flow have caused excess cash flow to evaporate.
Wall Street endured a sharp selloff, giving back all gains seen in a Federal Reserve-inspired rally a day earlier.
A rush of earnings kept investors busy throughout the morning. Netflix was one of the biggest drags on the Nasdaq and S&P 500.
Source: WikiCommons With Macy's (M) down more than 13% at last check, it seems to me like it's only a matter of time before the annual Macy's Thanksgiving Day Parade becomes the annual Amazon.com Thanksgiving Day Parade. Maybe this will happen as so...
The cigarette maker cites increased disposable income from low gas prices as a key growth driver.
At its current valuation, the tobacco stock is poised to head downward or sideways for some time.
Reynolds shares fall to the bottom of the market Wednesday, as expectations mount that the FDA may become an active watchdog over e-cigarettes.
Analysts at Wells Fargo Securities seem particularly bullish on 3 stocks in Real Money's 'Vice Squad' watch list.
So-called vice stocks have been paying off big lately, and one fund manager says it has everything to do with strong customer loyalty among brands.