In anticipation of a ban against using words such as “light” or “mild” on cigarette labels and ads, tobacco companies have lightened package colors to convey the same message, a move the American Lung Association and Rep. Henry Waxman, D-Calif., have attacked as disingenuous. The ban, part of the Family Smoking Prevention and Tobacco Control [...]
Archive for June 15th, 2017
Get Fired Up Over Philip Morris
Posted by admin on June 15th, 2017
NOW IS NOT THE TIME FOR investors to quit cigarette maker Philip Morris International (ticker: PM). Down 17% since touching a 20-month high in April, shares of the company — also known by the acronym PMI — have gotten walloped by a strengthening U.S. dollar and economic turmoil in Europe, where the cigarette maker gets [...]