Tobacco
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WILLIAMSBURG, Va.-- Changes in the marketplace have forced the public health community to wrestle with the idea that some tobacco products may pose less of a health risk than others, the new head of the Food and Drug Administration's tobacco control efforts told an industry group on Thursday.
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AUSTIN, Texas-- State taxes on chewing tobacco would drop by more than 30 percent but the price of cigarettes would climb for some brands under a bill given tentative approval in the Texas House. John Otto said the bill is about fairness. Taxes on a can of chewing tobacco would drop from $1.22 to 80 cents under the proposal.
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New or amended items marked*. See below for full macroeconomic forecasts================================================================================.
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JAKARTA, May 7- Following is some company-related and market news that could have an impact on the local market. ,an Indonesian car rental provider, booked a net profit of 22.3 billion rupiah in the first quarter, up 355 percent from 4.7 billion rupiah a year earlier, driven by revenues that grew 49 percent to 239.4 billion rupiah.
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New or amended items marked*. See below for full macroeconomic forecasts================================================================================. NET PROFIT ITEM bln CZK 07/ 05 CEZ Energy 14.58 Q1 net profit 07/ 05 FORTUNA Entertainment n/a Q1 results 07/ 05 Komercni Banka Bank 3.3 Q1 net profit 07/ 05 Telefonica O2 Telecoms 1.16 Q1 net profit 16/ 05 NWR Mining n/a Q1 results 23/ 05 PEGAS Textil n/a Q1 results 30/ 05 ORCO Real estate n/a Q1 results.
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New or amended items marked*. See below for full macroeconomic forecasts================================================================================. NET PROFIT ITEM bln CZK 07/ 05 CEZ Energy 14.58 Q1 net profit 07/ 05 FORTUNA Entertainment n/a Q1 results 07/ 05 Komercni Banka Bank n/a Q1 results 07/ 05 Telefonica O2 Telecoms n/a Q1 results 16/ 05 NWR Mining n/a Q1 results 23/ 05 PEGAS Textil n/a Q1 results 30/ 05 ORCO Real estate n/a Q1 results.
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SE Asia Stocks-Most down; outlook revision hurts Indonesia.
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New or amended items marked*. See below for full macroeconomic forecasts================================================================================. NET PROFIT ITEM mln euro 07/ 05 CEZ Energy n/a Q1 results 07/ 05 FORTUNA Entertainment n/a Q1 results 07/ 05 Komercni Banka Bank n/a Q1 results 07/ 05 Telefonica O2 Telecoms n/a Q1 results 16/ 05 NWR Mining n/a Q1 results 23/ 05 PEGAS Textil n/a Q1 results 30/ 05 ORCO Real estate n/a Q1 results.
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A group of 10 lawyers and academics with experience in prior liability cases met in Indianapolis in mid-April to discuss whether a lawsuit claiming online gaming further promotes gambling addiction has a shot at winning.
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New or amended items marked*. See below for full macroeconomic forecasts================================================================================. NET PROFIT ITEM mln euro 07/ 05 CEZ Energy n/a Q1 results 07/ 05 FORTUNA Entertainment n/a Q1 results 07/ 05 Komercni Banka Bank n/a Q1 results 07/ 05 Telefonica O2 Telecoms n/a Q1 results 16/ 05 NWR Mining n/a Q1 results 23/ 05 PEGAS Textil n/a Q1 results 30/ 05 ORCO Real estate n/a Q1 results.
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LONDON, April 30- Imperial Tobacco said it expects full year earnings per share to be at the lower end of its 4-8 percent target range, as the Davidoff and Gauloises cigarette maker posted a fall in profits amid the difficult European climate.
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LONDON, April 30- Britain's FTSE 100 index is seen opening up by 15 to 17 points, or as much as 0.3 percent higher on Tuesday, according to financial bookmakers, helped by expectations of continued central bank stimulus measures.
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STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 1559 GMT 26 Apr- West African bourse up on telecoms------------------------------------------------------------------. Onatel rises 3,750 CFA francs to 50,000 CFA, while Sonatel adds 800 CFA francs to 17,000 CFA francs, as investors are eyeing the dividend of those companies, traders say.
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PRAGUE, April 26- Shareholders of tobacco firm Philip Morris Czech Republic approved on Friday to pay out a dividend of 900 crowns per share from 2012 profit and retained earnings, the company said. Last year the Czech cigarette maker paid a dividend of 920 crowns per share.
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PRAGUE, April 26- Here are news stories, press reports and events to watch which may affect Czech financial markets on Friday. LONDON- Coal mining firm New World Resources. PRAGUE- International Monetary Fund to organise conference "Financing CESEE's future growth: the evolving role of the banking system".
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Omron Corp climbed 6.4 percent to 2,910 yen, its highest level since December 2007, after the electronics parts maker forecast a 32.4 percent hike, at 40 billion yen, in its net profit for the current business year to March 2014, saying a weaker yen is likely to contribute to its sales and profits.
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Japan Tobacco Inc advanced 4.1 percent to 3,645 yen after the cigarette maker predicted an operating profit increase of 15.7 percent for the fiscal year ending March 2014 at 616 billion yen, citing a weaker yen and solid demand.
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Shares in British American Tobacco rise more than 2 percent and hit a record high of 36 pounds as the world's second-biggest cigarette maker says its revenues rose 5 percent in the first quarter.
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Shares of South Africa's MTN Group rise about 2 percent after the telecom company says its subscribers increased by 3 percent to 195.4 million in Africa and the Middle East in the first quarter of the year.
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Africa's top bullion producer AngloGold Ashanti is up 2.73 percent at 176.85 rand, while smaller rival Gold Fields gains nearly 5 percent to 67.69 rand. Harmony Gold and Sibanye Gold add 3.36 percent and 1 percent, respectively.