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+Vote!

Altria: Tobacco Stock at a Discount

Eddy Elfenbein submits: Tobacco companies are hated by the public but the stocks are very tempting financially. Over the weekend, Barron’s looked at Altria ( MO ): At around 18.50, Altria has one of the lowest price/earnings ratios in the global cigarette industry. It also has one of the highest dividend yields: 7.3%. The stock trades for 10.6 times projected 2009 profits of $1.77 a share and...

3Vote!

Nigeria: Court Dismisses Tobacco Firms' Applications

A Lagos High Court has dismissed three applications seeking to strike out the names of International Tobacco Company Limited, British American Tobacco Plc and British American Tobacco (investment) Limited from the $21 billion suit instituted by the Lagos State Government and Environmental Rights Action/Friends of the Earth, Nigeria (ERA/FoEN).

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Will Patient's Rights Survive Health Care Reform?

Disclosure: I'm proud to be working with the American Association for Justice to protect patients' rights. With the passage of Health Care Reform in the House, the stakes are rising by the day. As we saw this weekend with the adoption of the Stupak-Pitts amendment, changes to the bill can be made with blinding speed and millions of Americans can lose out in hours. Thanks to a well-funded and decades...

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WSJ: Reynolds American eyes Niconovum

Reynolds American Inc. is in talks to buy a Swedish company that makes smoking-cessation products, according to The Wall Street Journal.

3Vote!

Reynolds Said to Be in Talks for Nicotine Gum Firm

Reynolds American, the tobacco company, is in talks to buy Niconovum, a Swedish maker of nicotine gum and mouth sprays, Bloomberg News reported.

3Vote!

Reynolds Is in Talks to Buy Niconovum

Reynolds is in advanced talks to buy a Swedish maker of products that help people stop smoking, a move that could signal a profound shift in direction in the global tobacco industry.

3Vote!

Report from Europe: Bulls Back in Control as G20 Agree on Nothing

The Mole submits: Markets seemed a little confused on Friday following the release of the October non-farm payrolls report. And that’s not surprising, as the report had something for everyone to latch onto to support their respective bullish or bearish views. Most neutral of all was the headline outcome – the 190k decline in non-farm payrolls was little different to market expectations....

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Four Dividend Raisers in the news

Many investors are being sold on the idea of generating income in retirement by solely focusing on fixed income securities. That way they would have a stable income pretty much for life and there is a high likelihood that the principle would be returned intact after the bond matures. The main problem with this strategy is that while the income would remain unchanged over time, its real purchasing...

3Vote!

Reynolds in Talks to Buy Sweden's Niconovum

Reynolds is in advanced talks to buy a Swedish maker of products that help people stop smoking, a move that could signal a profound shift in direction in the global tobacco industry.

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Where responsibility lies, &c. -- By: Jay Nordlinger

J ust want to say a word about the passage of “national health care” -- maybe not a very welcome word. There comes a time, I think, when you have to point to the American electorate, who put those Democrats in place: in the House, in the Senate, and in the White House. Pelosi et al. did not shoot their way in; they didn’t stage any kind of coup. They were all elected, by good ol’...

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National Stop Smoking Campaign Continues With Information, Resources for Smokers

National Alliance for Tobacco Cessation Promotes Program with Ads, PSAs and Web Resources

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Iraq, Powder Keg

Joost Hilterman in the NY Review of Books thinks 2010 could be a very bad year: [J]ust as Odierno will be pulling out his first combat brigades, starting in March, Iraq will be entering into a period of fractious wrangling...

3Vote!

Top Spenders on Lobbying Q3 2009

In the past, I posted a list of the top spenders on lobbying for the first quarter of 2009 . Here's a list of the top spenders for the third quarter of 2009. You'll notice that the Chamber of Commerce has really stepped up their spending. As with the last time I posted a list of top spenders on lobbying, this list is imprecise. That is because each of these organizations may have also spent additional...

3Vote!

2009 Hilton Head Island Concours d’Elegance & Motoring Festival

Click on the picture to enlarge Other Hilton Head Island Concours d’Elegance & Motoring Festival Photos Winners Chosen for Eighth Annual Hilton Head Island Concours d’Elegance & Motoring Festival . The premier winners, the coveted ‘Best of Show’ and ‘People’s Choice’ awards along with the two recently established honors ‘Most Outstanding Car...

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Health Care Costs are going up. Job creation will go down.

Employee of the month Who knows if the health care bill passed by congress will improve health care. That remains to be seen. What is clear is that costs for everyone will not go down as promised. No one believes that. The vast majority of Americans already have fine health care, but is in many ways care that is needlessly expensive. A huge part of that needless expense is due to massive transfer payments...

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2Vote!

Smoking advertising in the United Kingdom

An analysis of internal advertising agency documents in the United Kingdom has shown that advertising agencies working for cigarette companies behave as though they believe that advertising increases consumption. Internal agency documents occasionally voice concern that people might give up smoking and point to low tar cigarettes as an alternative to quitting. Moreover, the agencies realize that image...