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Pennsylvania's Farm-To-Table Cannabis Bill, Big Tobacco VS. Illicit Market And More
Thursday, September 21, 2023 - 1:16pm | 846Read More...Mississippi Announces Major Cannabis Rule Revisions Mississippi's Department of Health has unveiled extensive revisions to cannabis industry regulations, seeking public input until Oct. 2. The changes primarily focus on precise definitions of industry terms, including distinctions between...
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High Cigarette Excise Tax in NYC Results in Flourishing Black Market
Monday, May 6, 2013 - 10:43am | 611Read More...When it comes to cigarettes, taxation as a means of social engineering only benefits the black market. So said National Association of Convenience Stores (NACS) Senior Vice President, Lyle Beckwith in a USA Today Op-Ed. The latest statistics seem to bear this out. The Huffington Post, in a...
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Morgan Stanley Upgrades Reynolds American To Equal Weight
Monday, June 6, 2011 - 8:14am | 103Read More...According to Morgan Stanley, Reynolds American (NYSE: RAI) is upgraded to equal weight. Morgan Stanley said that the reasons included the ongoing profitable growth of Pall Mall (the largest price-value brand ever in US cigarettes). “We are upgrading RAI to Equal-weight and instituting a $38 12-...
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Morgan Stanley Upgrades Reynolds American To Equal-Weight, $38 PT
Monday, June 6, 2011 - 6:29am | 25Read More...Morgan Stanley has upgraded Reynolds America (NYSE: RAI) from Underweight to Equal-Weight and maintains its $38 price target.
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Bank of America's Tobacco PO Changes 6/1
Wednesday, June 1, 2011 - 6:52am | 70Read More...Bank of America has changed the price objectives on the following tobacco companies: Altria (NYSE: MO) Buy, from $27 to $30 Lorillard (NYSE: LO) Buy, from $109 to $124 Philip Morris (NYSE: PM) Buy, from $73 to $78 Reynolds American (NYSE: RAI) from $37 to $40
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Reynolds American Inc. (RAI) Profits Drop 17%
Thursday, February 4, 2010 - 1:14pm | 145Read More...Tobacco company Reynolds American Inc. (NYSE: RAI) on Thursday reported that its 4th quarter earnings dropped 17%. Reynolds American Inc. earned $215 million, or 74 cents per share, down from $258 million, or 88 cents per share, for the same quarter of 2008. Excluding various charges, Reynolds...
