Altria & Philip Morris: Who Wins The Most From A Remerger
* Stories are summarized by an A.I.
* Stocks or companies mentioned: PM, BYND, TIF, MO, AAPL, MAR, AMZN, PINS, TSLA, and COST
Altria & Philip Morris: Who Wins The Most From A Remerger
PM (Philip Morris International Inc) | Seeking Alpha
Once again speculation is rife that Altria (MO) and Philip Morris (PM) are preparing to remerge into one company after previously demerging in 2008. What Altria Has To GainThe primary benefit Altria would receive is from dramatically reducing their exposure to possible new future FDA regulations that are designed to significantly reduce smoking rates. Secondarily, Altria through their subsidiaries, Juul (JUUL) and Cronos (OTC:CRON), could benefit from Philip Morris' expertise in managing a global supply network. What Philip Morris Has To GainWhilst the benefit that Altria would receive is quite large and focused, Philip Morris would likely receive smaller but broader ranging benefits. Merging with Altria would also lower the impact they routinely face from unpredictable changes in foreign currency exchange rates.
Read More
Beyond Meat’s Test at KFC Shows There’s a Market for Alternative Chicken
BYND (Beyond Meat, Inc.) | Barron’s
A test of plant-based fried chicken at a KFC in Atlanta sold out in just five hours. The foray into chicken also demonstrates that the alternative meat industry’s initial beef-mimicking products are just the beginning for plant-based protein. O’Malley is a believer in alternative meat’s potential. Investors’ appetite for Beyond Meat research seems to equal diners’ desire to try alternative meat. Beyond share are up 8.4% for the week:, KFC and Beyond Meat said on Monday that they planned to hold a test for alternative fried chicken on TuesdayKFC, formerly Kentucky Fried Chicken, is part of Yum Brands (YUM).
Read More
"India's A Big Market": Coming Soon, Tiffany Stores In Delhi, Mumbai
TIF (Tiffany & Co.) | NDTV
Tiffany's goal is to sell jewelry to members of the emerging middle class that are global travelers familiar with the label's most popular designs and Western style, Mr Bogliolo said. Tiffany's entry into India will be a joint-venture with Reliance Brands, the conglomerate owned by India's richest man Mukesh Ambani. Reliance has forged partnerships with numerous international luxury brands with ambitions in India, including Coach, Michael Kors, Burberry, Bottega Veneta and Hugo Boss. It took so long for Tiffany to come to India because it sells only through its own stores, rather than in local jewelry shops and dealers.
Read More
Marlboro cigarette giant vying to become the next e-cigarette giant
MO (Altria Group Inc.) | The Star
The nation's dominant tobacco company, maker of the top-selling Marlboro cigarette, is trying to become the next e-cigarette giant. Altria will begin selling next month a new tobacco product called IQOS, a penlike electronic device with a sleek battery pack. It hopes to make a splash with an IQOS store in Atlanta's Buckhead neighbourhood, the company's first ahead of a national rollout. Altria is marketing IQOS in the U.S. in a partnership deal with tobacco giant Philip Morris International, which owns the rights to Marlboro overseas. Last year the company shelled out $12.8 billion for a 35 per cent stake in Juul, the dominant e-cigarette brand.
Read More
Apple’s data shows a deepening dependence on China as Donald Trump s tariffs loom
AAPL (Apple Inc) | Money Control
Contract factories owned by Hon Hai Precision Industry Co Ltd's Foxconn, Pegatron Corp , Wistron Corp and others employ hundreds of thousands of workers to assemble Apple devices. Apple's contract factories inside China, meanwhile, have added far more locations than outside, with Foxconn alone expanding from 19 locations in 2015 to 29 in 2019 and Pegatron going from eight to 12, according to Apple's data. Among all supplier locations, 44.9% were in China in 2015, a proportion that rose to 47.6% by 2019, the data showed. Reuters sorted the data and calculated the overall portion of Apple's supply chain in China. Even if Apple can make devices in India or Vietnam, the volumes would be small compared with Apple's overall needs.
Read More
Marriott will ban tiny plastic shampoo and conditioner bottles to reduce plastic waste
MAR (Marriott International) | Business Insider
Marriott International, the world's largest hotel chain, said Wednesday it will eliminate small plastic bottles of shampoo, conditioner and bath gel from its hotel rooms worldwide by December 2020. Last year, Walt Disney Co. said it would replace small plastic shampoo bottles at its resorts and on its cruise ships. Many smaller companies, like the five Soneva Resorts in Thailand and the Maldives, have also ditched plastic bottles. It says it will be eliminating about 500 million small bottles each year, or 1.7 million pounds of plastic. The bottles hold the equivalent of 10 to 12 small bottles, and all are tamper resistant.
Read More
Publisher E-Book Revenue Decreased In First Half Of 2019
AMZN (Amazon.com Inc.) | Forbes
A familiar story is told by recent statistics released by the Association of American Publishers: e-book revenues continue to decrease for many in the industry. According to AAP's publisher revenue report, based on 1,360 participating publishers' figures, e-book revenues decreased in the first six months of calendar 2019 by 3.8% over the same period in 2018. E-books were one of only two format categories that saw revenue decreases in this period (the other category being physical audio). January through June of this year saw revenues increase 33.8% over the same period in 2018. But the data that is available to AAP paints a fairly consistent picture for publishers' e-book efforts.
Read More
Pinterest will direct vaccine searches to major health groups
PINS (Pinterest Inc) | Financial Post
Pinterest Inc users searching for vaccine-related information will be shown results from leading public health groups, in an effort to combat health misinformation on the site, the social media company said in a blog post on Wednesday. The move is an aggressive effort to moderate content by the newly public social media company. Social media platforms have been increasingly under fire for promoting misleading and incorrect content, including by opponents of vaccination. Search results on Instagram, however, can still return anti-vaccine content. The site said it had adjusted its algorithms to show more authoritative content in search results across news and science content.
Read More
Tesla Insurance Launches, Claims To Save Owners Up To 30% On Premiums
TSLA (Tesla Inc.) | Clean Technica
Tesla just officially launched its highly anticipated Tesla Insurance offering for Tesla owners in California. It promises to save owners up to 30% on their premiums compared to traditional automotive insurance companies. It could instead keep owners in a Tesla vehicle in the zero-emission Tesla ecosystem. The new offering can be added to an owner’s Tesla account in less than a minute. Also, this article from our in-house insurance expert is mandatory (recommended) reading.
Read More
Costco’s China Retail Move Highlights Broader Trends
COST (Costco Wholesale Corporation) | PYMNTS
But can Costco do well in China, and in the midst of a trade war that still seems to be escalating? The answer may hold lessons for other retailers eager to do more in the Chinese market. As well, other foreign retailers have stumbled on the general path Costco seems to be taking in China. Alibaba is hoping to win over U.S. businesses as it faces new competitive challenges in addition to navigating the U.S.-China trade war. More generally, the Chinese market presents a formidable – but also somewhat irresistible – challenge to any payments and commerce player standing on the outside looking in.
Read More
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* Stocks or companies mentioned: PM, BYND, TIF, MO, AAPL, MAR, AMZN, PINS, TSLA, and COST
Altria & Philip Morris: Who Wins The Most From A Remerger
PM (Philip Morris International Inc) | Seeking Alpha
Once again speculation is rife that Altria (MO) and Philip Morris (PM) are preparing to remerge into one company after previously demerging in 2008. What Altria Has To GainThe primary benefit Altria would receive is from dramatically reducing their exposure to possible new future FDA regulations that are designed to significantly reduce smoking rates. Secondarily, Altria through their subsidiaries, Juul (JUUL) and Cronos (OTC:CRON), could benefit from Philip Morris' expertise in managing a global supply network. What Philip Morris Has To GainWhilst the benefit that Altria would receive is quite large and focused, Philip Morris would likely receive smaller but broader ranging benefits. Merging with Altria would also lower the impact they routinely face from unpredictable changes in foreign currency exchange rates.
Read More
Beyond Meat’s Test at KFC Shows There’s a Market for Alternative Chicken
BYND (Beyond Meat, Inc.) | Barron’s
A test of plant-based fried chicken at a KFC in Atlanta sold out in just five hours. The foray into chicken also demonstrates that the alternative meat industry’s initial beef-mimicking products are just the beginning for plant-based protein. O’Malley is a believer in alternative meat’s potential. Investors’ appetite for Beyond Meat research seems to equal diners’ desire to try alternative meat. Beyond share are up 8.4% for the week:, KFC and Beyond Meat said on Monday that they planned to hold a test for alternative fried chicken on TuesdayKFC, formerly Kentucky Fried Chicken, is part of Yum Brands (YUM).
Read More
"India's A Big Market": Coming Soon, Tiffany Stores In Delhi, Mumbai
TIF (Tiffany & Co.) | NDTV
Tiffany's goal is to sell jewelry to members of the emerging middle class that are global travelers familiar with the label's most popular designs and Western style, Mr Bogliolo said. Tiffany's entry into India will be a joint-venture with Reliance Brands, the conglomerate owned by India's richest man Mukesh Ambani. Reliance has forged partnerships with numerous international luxury brands with ambitions in India, including Coach, Michael Kors, Burberry, Bottega Veneta and Hugo Boss. It took so long for Tiffany to come to India because it sells only through its own stores, rather than in local jewelry shops and dealers.
Read More
Marlboro cigarette giant vying to become the next e-cigarette giant
MO (Altria Group Inc.) | The Star
The nation's dominant tobacco company, maker of the top-selling Marlboro cigarette, is trying to become the next e-cigarette giant. Altria will begin selling next month a new tobacco product called IQOS, a penlike electronic device with a sleek battery pack. It hopes to make a splash with an IQOS store in Atlanta's Buckhead neighbourhood, the company's first ahead of a national rollout. Altria is marketing IQOS in the U.S. in a partnership deal with tobacco giant Philip Morris International, which owns the rights to Marlboro overseas. Last year the company shelled out $12.8 billion for a 35 per cent stake in Juul, the dominant e-cigarette brand.
Read More
Apple’s data shows a deepening dependence on China as Donald Trump s tariffs loom
AAPL (Apple Inc) | Money Control
Contract factories owned by Hon Hai Precision Industry Co Ltd's Foxconn, Pegatron Corp , Wistron Corp and others employ hundreds of thousands of workers to assemble Apple devices. Apple's contract factories inside China, meanwhile, have added far more locations than outside, with Foxconn alone expanding from 19 locations in 2015 to 29 in 2019 and Pegatron going from eight to 12, according to Apple's data. Among all supplier locations, 44.9% were in China in 2015, a proportion that rose to 47.6% by 2019, the data showed. Reuters sorted the data and calculated the overall portion of Apple's supply chain in China. Even if Apple can make devices in India or Vietnam, the volumes would be small compared with Apple's overall needs.
Read More
Marriott will ban tiny plastic shampoo and conditioner bottles to reduce plastic waste
MAR (Marriott International) | Business Insider
Marriott International, the world's largest hotel chain, said Wednesday it will eliminate small plastic bottles of shampoo, conditioner and bath gel from its hotel rooms worldwide by December 2020. Last year, Walt Disney Co. said it would replace small plastic shampoo bottles at its resorts and on its cruise ships. Many smaller companies, like the five Soneva Resorts in Thailand and the Maldives, have also ditched plastic bottles. It says it will be eliminating about 500 million small bottles each year, or 1.7 million pounds of plastic. The bottles hold the equivalent of 10 to 12 small bottles, and all are tamper resistant.
Read More
Publisher E-Book Revenue Decreased In First Half Of 2019
AMZN (Amazon.com Inc.) | Forbes
A familiar story is told by recent statistics released by the Association of American Publishers: e-book revenues continue to decrease for many in the industry. According to AAP's publisher revenue report, based on 1,360 participating publishers' figures, e-book revenues decreased in the first six months of calendar 2019 by 3.8% over the same period in 2018. E-books were one of only two format categories that saw revenue decreases in this period (the other category being physical audio). January through June of this year saw revenues increase 33.8% over the same period in 2018. But the data that is available to AAP paints a fairly consistent picture for publishers' e-book efforts.
Read More
Pinterest will direct vaccine searches to major health groups
PINS (Pinterest Inc) | Financial Post
Pinterest Inc users searching for vaccine-related information will be shown results from leading public health groups, in an effort to combat health misinformation on the site, the social media company said in a blog post on Wednesday. The move is an aggressive effort to moderate content by the newly public social media company. Social media platforms have been increasingly under fire for promoting misleading and incorrect content, including by opponents of vaccination. Search results on Instagram, however, can still return anti-vaccine content. The site said it had adjusted its algorithms to show more authoritative content in search results across news and science content.
Read More
Tesla Insurance Launches, Claims To Save Owners Up To 30% On Premiums
TSLA (Tesla Inc.) | Clean Technica
Tesla just officially launched its highly anticipated Tesla Insurance offering for Tesla owners in California. It promises to save owners up to 30% on their premiums compared to traditional automotive insurance companies. It could instead keep owners in a Tesla vehicle in the zero-emission Tesla ecosystem. The new offering can be added to an owner’s Tesla account in less than a minute. Also, this article from our in-house insurance expert is mandatory (recommended) reading.
Read More
Costco’s China Retail Move Highlights Broader Trends
COST (Costco Wholesale Corporation) | PYMNTS
But can Costco do well in China, and in the midst of a trade war that still seems to be escalating? The answer may hold lessons for other retailers eager to do more in the Chinese market. As well, other foreign retailers have stumbled on the general path Costco seems to be taking in China. Alibaba is hoping to win over U.S. businesses as it faces new competitive challenges in addition to navigating the U.S.-China trade war. More generally, the Chinese market presents a formidable – but also somewhat irresistible – challenge to any payments and commerce player standing on the outside looking in.
Read More
Download Folo, add stock symbols to your watchlist, and get notified.
When you look up U.S or China stock symbols and add them to Watchlist, Folo, an A.I. based news curator will keep you updated with stock news from 270 sources.
Download on the App Store
http://folo.moya.ai
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