WASHINGTON— Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell. Tobacco firms Reynolds, Lorillard in merger talks. RICHMOND, Va.— Big Tobacco may soon get smaller.» Read More
A high-profile California cigarette tax initiative backed by cycling legend Lance Armstrong that once seemed like a sure thing teetered on the brink of defeat, a testament to the efficacy of a $50 million campaign backed by Big Tobacco.
In a battle pitting Big Tobacco and small business groups against health advocates, California voters are deciding whether to increase the state's cigarette tax by $1 a pack. The vote was too close to call Wednesday, The Associated Press reports.
Steady declines in smoking, a big win for public health, are creating problems for municipal bond investors.
With interest rates so low, the story of 2011 was the hunt for yield. As a result, a tremendous amount of money flowed into tobacco stocks. But 2012 is a different story — at least with U.S.-based brands.
Although investors should consider litigation and regulation risks, one analyst thinks tobacco stocks are secure, generate free cash flow and could boost your portfolio.
Insight on why tobacco stocks have been surging, with Bernie Herzog, Wells Fargo tobacco analyst.
A federal requirement would have begun forcing U.S. tobacco companies to put large graphic images on their cigarette packages, until a judge blocked the ruling Wednesday.
Is it a good way to influence behavior and/or raise revenue, just like tobacco and alcohol?
The nicotine gum and patches that millions of smokers use to help kick their habit have no lasting benefit and may backfire in some cases, according to the most rigorous long-term study to date of so-called nicotine replacement therapy. The New York Times reports.
Altria shares dropped by 2% on Tuesday after Barron's reported severely declining cigarette sales. The Fast Money crew weigh in on the defensive investment.
The Fast Money traders with the play on casino stocks, as well as tobacco companies raising cigarette prices, with Bonnie Herzog, Wells Fargo.
The cigarette maker saw strong stock growth in 2011, up 28 percent year to date, but when is a good time to buy?
U.S. companies in cyclical and defensive industries could take the biggest earnings hits if Europe falls into recession.
How much do you know about recycling electronics? Take our E-cycling quiz and find out.
"When it comes to tobacco, the only stock I'm blessing is Philip Morris International," says Mad Money host Jim Cramer.
The "Mad Money" host explains why this dividend-paying stock is worth owning.
The Lightning Round is extended in this CNBC.com exclusive feature.
Tobacco companies have long been the defensive stock of choice for investors, offering strong dividends and generating large amounts of cash. But as austerity packages bite and household budgets are squeezed, some analysts have questioned the continued health of the sector.
Buying defensives that make cash and hand money back to shareholders via buybacks and dividends is a popular strategy at the moment, as macro headwinds keep the bulls at bay.
Tobacco giant Reynolds American is seizing upon New York City's new anti-smoking laws to promote its small, but growing Camel Snus brand with print advertisements in The Wall Street Journal, USA Today, the New York Daily News, and other publications.