×

Food and Beverage Tobacco

  • CNBC Mad Money Lightning Round

    Jim Cramer rattles off his take on callers' favorite stocks, including tobacco product giant Philip Morris International.

  • LONDON, Aug 7- Investors are betting on a little-known biotech company to supply Big Tobacco with low-nicotine cigarettes, but so far its technology is unproven. Shares in New York- based 22nd Century Group have soared 80 percent to a three-year high since late last month, when the U.S. Food and Drug Administration proposed cutting the nicotine levels in...

  • JAKARTA, Aug 2- Anti-smoking groups in Indonesia have slammed Big Tobacco for promoting sales by giving retailers cash rewards, shopping vouchers and even money to renovate, urging authorities to enforce advertising curbs to safeguard public health. By mid-2016, Philip Morris-controlled PT Hanjaya Mandala Sampoerna Tbk, PT Gudang Garam Tbk and Djarum Group...

  • Philip Morris' Marlboro cigarettes sold at a store.

    The FDA's tobacco and nicotine regulation plan could help Philip Morris and Turning Point Brands, analysts say. The outlook for other companies is mixed.

  • *FTSE 100 up 0.7 pct. LONDON, Aug 1- Britain's leading shares made strong gains on Tuesday, supported by Rolls Royce and oil major BP among a raft of robust results, while a recovery in cigarette makers British American Tobacco and Imperial removed a drag on the benchmark. The FTSE 100 jumped 0.7 percent, starting the month on a firm footing, while mid-caps rose 0.4...

  • *FTSE 100 up 0.8 pct. LONDON, Aug 1- Britain's leading shares made strong gains on Tuesday, supported by oil major BP and Rolls Royce among a raft of robust results, while a recovery in cigarette makers British American Tobacco and Imperial removed a drag on the benchmark. The FTSE 100 jumped 0.8 percent, starting the month on a firm footing, while mid-caps rose 0.4...

  • *Miners support after China data. LONDON, July 31- Weakness among tobacco stocks and some broker downgrades weighed on European shares, sending them lower on the final trading day of July as analysts dissected what was beginning to look like an "underwhelming" earnings season. Britain's commodity-heavy FTSE 100 index held on to 0.1 percent gains while France's...

  • Shares of major tobacco companies in the United States and UK slumped in heavy trading volume after the proposal was unveiled by the head of the U.S. Food and Drug Administration, with the world's biggest producers losing about $26 billion of market value. The FDA cannot reduce nicotine levels to zero, nor can it ban cigarettes. But Gottlieb said the agency would...

  • Shares of major tobacco companies in the United States and UK slumped in heavy trading volume after the proposal was unveiled by the head of the U.S. Food and Drug Administration, with the world's biggest producers losing about $26 billion of market value. The FDA cannot reduce nicotine levels to zero, nor can it ban cigarettes. But Gottlieb said the agency would...

  • Tobacco smoking cigarette

    The FDA announced a plan for tobacco and nicotine regulation, which seeks to lower nicotine in cigarettes to non-addictive levels.

  • *Amazon, Starbucks fall after posting results. *Tobacco stocks drop after FDA statement on nicotine. July 28- The S&P 500 slipped on Friday on negative reactions to earnings reports from high-profile names such as Amazon, Exxon and Starbucks and a drop in shares of tobacco companies.

  • NEW YORK, July 28- The S&P 500 slipped on Friday on negative reactions to earnings reports from high-profile names such as Amazon, Exxon and Starbucks and a drop in shares of tobacco companies. The Dow industrials, however, set a third-consecutive record closing high, buoyed by Chevron after the energy company's results. The Dow Jones Industrial Average rose...

  • *Dow industrials edge up into record territory. *Tobacco stocks fall after FDA statement on nicotine. July 28- The S&P 500 slipped on Friday on negative reactions to earnings reports from high-profile names such as Amazon, Exxon and Starbucks and a drop in shares of tobacco companies.

  • Former FDA commissioner on targeting big tobacco

    David Kessler, former FDA commissioner, discusses the FDA's plans to lower nicotine levels in cigarettes.

  • The FDA's move to consider reducing nicotine levels in cigarettes sent shares of major tobacco companies in the United States and UK plummeting in heavy trading volume, with the world's biggest producers poised to lose about $60 billion of market value. The agency cannot reduce nicotine levels to zero, nor can it ban cigarettes, but Gottlieb said the FDA would...

  • LONDON, July 28- British American Tobacco said on Friday it was not surprised by the U.S. Food and Drug Administration's announcement that it plans to reduce nicotine levels in cigarettes. In a major regulatory shift announced on Friday that sent shares of traditional cigarette companies plunging, the FDA said it aims to reduce nicotine levels in cigarettes...

  • *Amazon falls after quarterly profit plunges. *Tobacco stocks fall after FDA statement on nicotine. July 28- The Dow and the Nasdaq clawed back losses on Friday as technology stocks edged higher, but the S&P was hobbled by a drop in the shares of Amazon and tobacco companies.

  • A shop owner sells a pack of cigarettes to a customer in San Francisco.

    California's cigarette tax hike is proving to be hazardous to Big Tobacco and retailers alike.

  • *FTSE 100 down 1 pct at close. LONDON, July 28- Britain's major share index posted its first weekly loss since June on Friday after a late-session slump in tobacco stocks, falls among banking stocks and a disappointing update from telecoms firm BT. The FTSE 100 ended the session 1 percent lower at 7,368.37 points, in line with a broader decline in the European market.

  • July 28- The U.S. Food and Drug Administration aims to reduce nicotine levels in cigarettes while exploring measures to move smokers toward e-cigarettes, in a major regulatory shift announced on Friday that sent traditional cigarette company stocks plunging. The move means FDA Commissioner Scott Gottlieb has sided at least partially with e-cigarettes in...