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for roughly $27.4 billion, in a deal that is one of the largest ever seen in the tobacco industry. If regulators agree to the acquisition, the deal will likely reshape America's tobacco industry. Clearly, both companies think bigger is better when
Fears about potential trouble in Europe outweighed gains related to the Federal Reserve's decision to end its quantitative easing program later this year, but with stocks still so close to record levels, dozens of stocks still hit new yearly highs...
10 pm July 11, 2014 10:26 pm Photo Disruptive technology can spur takeovers as companies, fearing for their business, race to bulk up and acquire innovators. But who would have imagined this phenomenon taking place in the 400-year-old American
CEO, Andre Calantzopoulos, recently dumped more than $3.4 million worth of stock at a lower price than the stock trades today...The CEO's stock sale is just one more reason to believe that Philip Morris' future is not as good as its stock price
prospects as a tobacco company are going downhill after another bad quarter for its discount cigarette volume. MO ) and others has put Vector's tobacco business on the ropes. However, the company's real estate investments could save Vector from
President Obama often speaks of a new age of American manufacturing. Touting a resurgence in manufacturing jobs in Asheville, North Carolina, last year, the president remarked that America is becoming more competitive as the cost of doing business in
were among the stocks that hit their best levels in years today...Apple's nearly 2% gain today brought it back to levels it hadn't seen since late 2012, and just about all of the attention today focused on the tech giant's purchase of Beats .
Electronic cigarettes, or e-cigarettes, and other e-vapor devices are some of the hottest new consumer products on the market. Commentators are buzzing about the prospect of ending tobacco consumption once and for all by replacing combustible
combine for a 91.5% share of the U.S. cigarette market. This concentration of market power gives these companies pricing power that enables them to keep growing their profits even as the cigarette market declines. E-cigarettes are the only product
Best Places for High Dividend Yields Despite the overhang of potential Food and Drug Administration regulation of e-cigarettes, shares of the major tobacco companies continue to move higher. After all, the industry has survived radical regulation