Food & Beverage Tobacco

  • *IQOS growth in Japan market share stagnates lately. TOKYO, Oct 23- Philip Morris International Inc released cheaper versions of its IQOS "heat not burn" products in Japan on Tuesday as it tries to revive sales and ward off competition from other alternatives to conventional cigarettes. As regular e-cigarettes with nicotine-laced liquid are effectively...

  • Philip Morris International's iQOS 3 Multi lets consumers use the device 10 times before needing to charge it.

    Philip Morris will soon launch two new iQOS products. iQOS, a device that heats tobacco instead of burning it, is a key part of what the tobacco giant bills as its future beyond cigarettes. 

  • A pack of Philip Morris Marlboro brand cigarettes.

    The Marlboro-maker's "Hold My Light" campaign claims to be a "new way to give up cigarettes," and links to a website where smokers can have friends commit to help them quit. Charity Cancer Research U.K. called the campaign "staggering hypocrisy."

  • Young Man Lighting Cigarette

    Teen cigarette smoking rates are on the rise. Critics have warned a surge in vaping may cause nicotine-addicted kids to migrate to conventional cigarettes.  

  • A person smokes a Juul Labs e-cigarette in this arranged photograph taken in the Brooklyn, New York.

    Regulators are considering prohibiting some e-cigarette sales in convenience stores and confining them to vape shops, Food and Drug Administration Commissioner Scott Gottlieb tells CNBC.

  • *European Commission says Italy budget in breach of EU rules. NEW YORK, Oct 18- U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy's budget and concerns mounted over the possibility of strained relations between the United States and Saudi Arabia, further denting investors' appetite for risk amid global...

  • *European Commission says Italy budget in breach of EU rules. NEW YORK, Oct 18- U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy's budget and concerns mounted over the possibility of strained relations between the United States and Saudi Arabia. Italian bond yields jumped after the European Commission...

  • A pack of Philip Morris Marlboro brand cigarettes.

    Philip Morris International reported quarterly earnings and revenue that surpassed analysts' expectations. The company has been focusing most of its attention on iQOS, a device that heats tobacco instead of burning it.

  • *Textron, Sealed Air top decliners on S&P after results. Oct 18- U.S. stocks fell on Thursday as weak earnings reports from industrials raised worries about rising expenses and the impact of tariffs, adding to concerns over higher borrowing costs after hawkish commentary in the Federal Reserve's minutes. The U.S.- China trade war, higher rising borrowing costs...

  • Oct 18- U.S. stock futures fell on Thursday, as some industrials reported disappointing results, while the Federal Reserve's minutes showed officials broadly agreed on raising interest rates further, fanning concerns that contributed to last week's brutal selloff. Lindsay Corp dropped 5 percent after the water filtration equipment maker warned weakness...

  • An FDA rule banned the sale of new e-cigarette products after August 2016 without regulatory approval. In September, Reuters reported that startups and big tobacco firms launched more than a dozen new high-nicotine e-cigarette products mimicking the popular Juul devices after the FDA imposed the deadline. He said the company notified the FDA in May that the...

  • FDA SAYS SENT LETTERS TO E-CIGARETTE COMPANIES INCLUDING MANUFACTURERS AND IMPORTERS OF VUSE ALTO, MYBLU, MYLE, RUBI AND STIG.

  • Oct 12- British American Tobacco PLC:. FDA SENDS LETTERS TO 21 E-CIGARETTE COMPANIES AS PART OF INVESTIGATION INTO POSSIBLE ILLEGAL MARKETING. *FDA SAYS LETTERS SEEK INFORMATION ABOUT MORE THAN 40 E-CIGARETTE PRODUCTS, INCLUDING SOME FLAVORED PRODUCTS.

  • An FDA rule banned the sale of new e-cigarette products after August 2016 without regulatory approval. In September, Reuters reported that startups and big tobacco firms launched more than a dozen new high-nicotine e-cigarette products mimicking the popular Juul devices after the FDA imposed the deadline. If the FDA determines the e-cigarettes were...

  • Cramer's charts offer 3 strategies for investing around long-term interest rate moves

    Jim Cramer and technician Rob Moreno give investors three distinct strategies for investing based on how long-term interest rates move in the near future.

  • LONDON, Oct 4- Juul Labs, the e-cigarette maker at the heart of a U.S. crackdown on youth vaping, has filed patent infringement complaints in the United States and Europe against what it said were copycat rivals. Juul, which controls nearly three quarters of the U.S. e-cigarette market, filed a complaint on Wednesday with the U.S. International Trade Commission...

  • LONDON, Oct 4- Juul Labs, the e-cigarette maker at the heart of a U.S. crackdown on youth vaping, has filed patent infringement complaints in the United States and Europe against what it said were copycat rivals. Juul, which controls nearly three quarters of the U.S. e-cigarette market, said on Thursday that it filed a complaint with the U.S. International Trade...

  • Oct 2- The U.S. Food and Drug Administration said on Tuesday it seized more than a thousand pages of documents from Juul Labs related to the company's sales and marketing practices after a surprise inspection, the latest clampdown on e-cigarette companies. The FDA said last month it was considering a ban on flavored e-cigarettes from Juul and others as the...

  • The FDA said last month it was considering a ban on flavored e-cigarettes from Juul and others as the agency grapples with an "epidemic" of youth e-cigarette use that threatens to create a new generation of nicotine addicts. The FDA also said it conducted inspections of several of Juul's contract manufacturing units earlier this year. "We've now released over...

  • Oct 2- The U.S. Food And Drug Administration said on Tuesday it seized documents from Juul Labs related to its sales and marketing practices after conducting a surprise inspection, in the agency's latest crackdown on e-cigarette companies. Last month, the FDA said it was considering a ban on flavored e-cigarettes from Juul and other companies as it grapples...