Friday, 28 July 2017

Tobacco stocks crushed as FDA targets nicotine in cigarettes

Marlboro maker Altria is on track for its worst day since 2008 after the FDA said it wants to slash the level of nicotine in cigarettes.
CNNMoney Markets Now
 
Dow Nasdaq S&P
+33.76   -7.51   -3.32
21,830.31   6,374.68   2,472.10
+0.15%   -0.12%   -0.13%
YTD +10.46%   YTD +18.42%   YTD +10.42%
 
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Biggest Losers
Flowserve Corp -10.91%
 
Altria Group Inc -9.49%
 
Starbucks Corp -9.24%
 
Goodyear Tire & Rubber Co -8.37%
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News: What you need to know about the markets
 
 
Tobacco stocks crushed as FDA targets nicotine in cigarettes
Marlboro maker Altria is on track for its worst day since 2008 after the FDA said it wants to slash the level of nicotine in cigarettes. Read more »
 
How to bank, save and invest in a socially responsible way
For all the cruelty-free, anti-sweatshop, organic attention you give your individual purchases day to day, your money may be paying for causes you don't want to support. Read more »
 
Wells Fargo may have forced 570,000 customers into unneeded auto insurance
Wells Fargo says it's sorry for needlessly charging as many as 570,000 auto loan borrowers for car insurance. Read more »
 
Gin fizz? This tonic stock has gained over 1,300% in 3 years
Independent British tonic maker Fever-Tree has built a $3 billion business by mixing up premium carbonated beverages that are designed with gin in mind. Read more »
 
U.S. economy accelerated during first full Trump quarter
U.S. growth accelerated to an annual rate of 2.6% during the April to June period, according to government statistics released on Friday. Read more »
 
Delta is getting out of Venezuela
Delta is ending flights to Venezuela as the country spirals into political, economic and humanitarian crisis. Read more »
 
 
 
 
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