Category: Investing

Board raises tobacco price by Rs 4 per kg

Tweet The Tobacco Board has agreed to increase the minimum guarantee price by Rs 4 a kg to farmers of F1 Grade from the current Rs 120. This was decided after board Chairman G Kamalavardhana Rao held meetings with representatives of farmers and traders. Farmers of southern light soils in Prakasam district, who have cultivated flue-cured virginia, have been insisting on remunerative price. However, traders were offering only Rs 112.98 a kg as agai ... Jump to full article >>

Strategies To Exploit Uncertainty in Tobacco

Tweet Credit and equity investments to play amid scrutiny of the menthol category. After taking control of tobacco regulation in 2009, the U.S. Food and Drug Administration (FDA) is investigating the use of discount in cigarettes. Its tobacco panel, the Tobacco Products Scientific Advisory Committee (TPSAC) is due to report its findings by March 23, 2011, and the FDA will issue a binding ruling after that. We envision three ultimate outcomes: men ... Jump to full article >>

Vietnam to maintain strict controls on tobacco investments

Tweet Vietnam will continue to restrict foreign investment in tobacco production, only allowing foreign companies to partner with local producers. The report cited a recent Industry and Trade Ministry’s decision as saying that the government will continue to hold a controlling stake in tobacco companies with new foreign investment. These companies are not allowed to expand their production capacities from what was previously approved by the aut ... Jump to full article >>

Miners, defensive drugmakers lift European shares

Tweet European shares edged up on Monday, as heavyweight miners rose on strong metals prices and defensive drugmakers and tobacco firms gained on concerns over the impact of rising inflation on growth prospects. Gains, however, were kept in check by falls on the German DAX index .GDAXI, as sentiment was hit by data showing a drop in German manufacturing purchasing managers index (PMI) in January, despite strong numbers from the services sector. [ ... Jump to full article >>

Altria’s future largely rests on Marlboro cigarettes

Tweet Also: Why did the bottom fall out of Janus Forty’s shares? Question: I’m concerned about my shares of Altria Group Inc. What is the latest outlook? Answer: It is no secret that the U.S. cigarette industry is in a long-term decline because of the health risks of smoking. Its sales could be hurt by a Food and Drug Administration mandate for more-graphic health warnings on cigarette packs that takes effect in October 2012. Potenti ... Jump to full article >>

Reynolds American increases target on dividend payout to further enhance shareholder value

Tweet Reynolds American Inc. today raised its dividend payout target to 80 percent of net income, up from 75 percent. It is the first overall increase in the payout target since R.J. Reynolds Tobacco Holdings Inc. completed its $4.4 billion purchase of Brown & Williamson Tobacco Co. in August 2004. Analysts said that Reynolds’ action is likely an attempt to solidify current investors’ interest as cigarette shipment volumes continue to sl ... Jump to full article >>

Eurozone austerity measures: a round-up

Tweet Here are some details on austerity measures implemented by governments around the eurozone. GERMANY: Chancellor Angela Merkel said her government aims to save around €80bn between 2011 and 2014 and get the German budget deficit below European Union limits by 2013. The cabinet agreed a package on June 7 which will slash welfare spending by €30bn over the period, cut public sector payrolls by up to 15,000 by 2014, and raise new taxes ... Jump to full article >>

Where should I invest my money?

Tweet In all the economic turmoil it’s tempting to hide your cash under the mattress. After a 16% fall in the FTSE in just one month, we explore the safe havens for your money, and how the bullish can best profit from a recovery. Homes for the pessimists Under the Mattress Probably not the best place. It doesn’t pay interest, inflation eats away at it, and, if you have a burglary, standard insurance only covers the first £500 stolen. ... Jump to full article >>

Eight lessons of investing

Tweet I believe the fundamentals of equity investing remain unscathed and investors should learn eight key lessons. During the past 18 months we have seen unprecedented economic events, but I believe the fundamentals of equity investing remain unscathed and investors should learn eight key lessons. Lesson one: patience is a virtue Market sentiment can create exceptional opportunities for investors with patience. At times of market ”panic&# ... Jump to full article >>

Defend your investments from the eurocrisis

Tweet Investors needed nerves of steel over the past week. Uncertainty over who would take over at No 10 and a euro crisis have given the British and global stock markets the jitters. The FTSE 100 lost more than 10pc of its value, down to 5,123 last Friday, only to pile the points back on again on Monday morning, even though many expected shares to fall in value. Markets continued to hold steady, but fund managers are warning investors not to be ... Jump to full article >>