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Sinful Stocks
1.94k followers • 15 symbols Watchlist by Yahoo Finance
This basket consists of stocks that serve the 18+ crowd, such as casinos, alcohol, tobacco, and strip clubs.
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- Reuters•36 minutes ago
Debt-laden AB InBev agrees sale of Australian unit to Asahi
Anheuser-Busch InBev, the world's largest brewer, has agreed to sell its Australian operations to Japan's Asahi and is interested in reviving the stalled flotation of its Asian business. AB InBev said the bulk of the proceeds from the deal, expected to close in the first quarter of 2020, would be used to reduce debt. The sale comes only a week after AB InBev shelved an initial public offering (IPO) of its Asian operations, including Australia.
- Financial Times•52 minutes ago
AB InBev to sell Carlton to Japan’s Asahi in $11bn deal
Anheuser-Busch InBev has agreed to offload its Australian operations to Japan’s Asahi in an $11.3bn deal as the world’s biggest brewer looks to cut its debt pile. The disposal of AB InBev’s Australian unit Carlton & United Breweries comes only a week after the beer giant abandoned its first attempt to list the Asian business after finding soft demand among investors who thought the valuation of between $54.2bn and $63.7bn was too high. The sale would help pay down some of the $106bn debt at the AB InBev, the home of brands including Budweiser, Stella Artois, Leffe and Brahma.
- Motley Fool•11 hours ago
What Happened in the Stock Market Today
See why Netflix sank and Philip Morris climbed on a somewhat flat day for the broader markets.
Motley Fool•14 hours agoPhilip Morris International Inc (PM) Q2 2019 Earnings Call Transcript
PM earnings call for the period ending July 18, 2019.
- Motley Fool•14 hours ago
Why Philip Morris Stock Surged on Thursday
Solid execution is driving strong top- and bottom-line performance for the tobacco company.
- Motley Fool•15 hours ago
The 10 Biggest Consumer Staples Stocks
These companies dominate one of investors' favorite business niches.
- CNBC•15 hours ago
AB InBev stock up on report it may sell assets after scrapping Asia IPO plan
Anheuser-Busch InBev is considering selling off business units in South Korea, Australia and Central America, The Wall Street Journal reported. The brewer recently called off an IPO of its Asian business.
- Reuters•15 hours ago
AB InBev explores asset sale after dropping Asia IPO plan - WSJ
- CNBC•15 hours ago
Stocks making the biggest moves midday: Netflix, Philip Morris, United Rentals & more
These are the stocks posting the largest moves midday.
- Market Realist•17 hours ago
Philip Morris Raises EPS Guidance After Impressive Q2
On Thursday, Philip Morris reported its second-quarter earnings results. It reported adjusted EPS of $1.46 on revenue of $7.70 billion.
- Zacks•18 hours ago
Earnings Preview: Penn National Gaming (PENN) Q2 Earnings Expected to Decline
Penn National Gaming (PENN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks•18 hours ago
Earnings Preview: MGM Resorts (MGM) Q2 Earnings Expected to Decline
MGM (MGM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks•18 hours ago
Analysts Estimate Boston Beer (SAM) to Report a Decline in Earnings: What to Look Out for
Boston Beer (SAM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks•18 hours ago
Las Vegas Sands (LVS) to Post Q2 Earnings: What's in Store?
Las Vegas Sands' (LVS) top line in second-quarter 2019 is likely to gain from robust performance of the company's Las Vegas operations, Marine Bay Sands, Sand Cotai Central and Venetian Macao segments.
- Zacks•18 hours ago
Philip Morris (PM) Q2 Earnings Top Estimates, Raises View
Philip Morris' (PM) Q2 results gain from growth in heated tobacco units and favorable pricing. However, decline in cigarette shipment volumes were a drag.
- CNBC•19 hours ago
IQOS boosts Philip Morris International's quarterly profit, revenue. Stock jumps
Philip Morris International beats second-quarter earnings and revenue estimates and hikes its full-year forecast as its new tobacco products gain momentum.
- Investing.com•19 hours ago
Altria Rises 3%
Investing.com - Altria (NYSE:MO) rose by 3.03% to trade at $50.93 by 12:33 (16:33 GMT) on Thursday on the NYSE exchange.
- Zacks•20 hours ago
Philip Morris (PM) Surpasses Q2 Earnings and Revenue Estimates
Philip Morris (PM) delivered earnings and revenue surprises of 9.77% and 4.72%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- Motley Fool•20 hours ago
3 Cannabis Stocks Worth Considering for Your Portfolio
MediPharm Labs, Canopy Growth, and OrganiGram get some love from three of our contributors who cover the marijuana space.
- Associated Press•21 hours ago
Philip Morris: 2Q Earnings Snapshot
- Investing.com•23 hours ago
Philip Morris Rises 5%
Investing.com - Philip Morris (NYSE:PM) rose by 4.75% to trade at $84.90 by 09:30 (13:30 GMT) on Thursday on the NYSE exchange.
- Investing.com•yesterday
Philip Morris Earnings, Revenue Beat in Q2
Investing.com - Philip Morris (NYSE:PM) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
- Financial Times•yesterday
AB InBev lines up $10bn of asset sales after failed IPO
If completed, they would help speed deleveraging at the world’s biggest brewer, the home of brands including Budweiser, Stella Artois, Leffe and Brahma. AB InBev can also pay down debt simply from the cash generated from selling one of every four beers drunk worldwide.
- Financial Times•yesterday
Marlboro maker bets $100m more on alternative cigarettes
Philip Morris International, the company behind Marlboro, is to spend another $100m this year developing its alternative to traditional cigarettes as a global marketing drive intensifies to convert smokers to a new generation of products. Martin King, chief financial officer, said on Thursday that extra funds would be deployed to accelerate innovation of the company’s IQOS product — a cigarette-like device that heats, rather than burns, tobacco. of IQOS in the US, are the latest sign of big tobacco ramping up investment to safeguard the industry’s future.
