Tobacco giants Philip Morris International and the Altria Group are in talks about a deal that would reunite them more than 10 years after they split their operations. Altria shares surged the most since October 2008 on the news, rising as much as 11%. Phili…
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Month: August 2019
Why Johnson & Johnson shares surged after $572m opioid court reverse
Johnson & Johnsons shares ought to be drowning after the court ruling thats just been handed down against it. A judge in Oklahoma found the conglomerate, which makes everything from drugs to consumer products, ran a false and dangerous campaign that fue…
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Tesla (TSLA) to Hike Prices in China, In Talks With LG Chem
Reportedly, Tesla, Inc. TSLA is set to lift vehicle prices in China this week itself, amid escalating U.S.-Sino trade tensions. The price raise, which was earlier scheduled for September, is likely to come into effect on Aug 30, owing to the tit-for-tat tarif…
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5 Mega-Cap Dividend Stocks to Buy to Weather U.S.-China Trade War Storm
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into some of the latest U.S.-China trade war news. The episode then highlights five dividend-paying, mega-cap stock…
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Will Automakers’ Push for Fully Electric Cars Drive Profits?
General Motors GM president Mark Reuss said in an interview that the company is now primarily interested in electric vehicles, which are crucial to the auto industry’s evolution and growth in America and international markets. However, high costs and other co…
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