Thursday, 12 September 2019

Altria made a big bet on vaping. Will it still pan out?

The Trump administration is cracking down hard on the sale of flavored e-cigarettes. Health concerns and teen addiction have given regulators pause. That could be bad news for Altria, the US owner of the Marlboro brand and a top investor in vaping giant Juul Labs.
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Altria made a big bet on vaping. Will it still pan out?
The Trump administration is cracking down hard on the sale of flavored e-cigarettes. Health concerns and teen addiction have given regulators pause. That could be bad news for Altria, the US owner of the Marlboro brand and a top investor in vaping giant Juul Labs. Read more »
 
Sheila Bair: Now is the worst time to unshackle America's banks
Sheila Bair was one of the few American regulators who sounded the alarm about the housing crisis a decade ago. Now, she worries the post-crisis guardrails are being dismantled at precisely the worst time. Read more »
 
US Treasury is seriously considering a 50-year bond
Treasury Secretary Steven Mnuchin on Thursday floated the idea of the US government issuing an ultra-long government bond next year, if there's demand. Read more »
 
ECB cuts interest rates and relaunches its bond-buying program
The European Central Bank is turning on the stimulus taps again, pushing interest rates further into negative territory in order to support the flagging eurozone economy. Read more »
 
Why Hong Kong's audacious bid for the London Stock Exchange may be doomed
Hong Kong's bid to acquire the London Stock Exchange could be a game changer for global markets, but chances are it won't succeed. Read more »
 
The US deficit topped $1 trillion. The year's not even over yet
The US budget deficit widened to $1.067 trillion for the first 11 months of the fiscal year, an increase of 19% over this time last year, the Treasury Department reported Thursday. Read more »
 
 
 
 
Dow Nasdaq S&P
+45.41   +24.79   +8.64
27,182.45   8,194.47   3,009.57
+0.17%   +0.30%   +0.29%
YTD +16.53%   YTD +23.50%   YTD +20.05%
 
Biggest Winners
LKQ Corp +11.93%
 
Varian Medical Systems Inc +3.79%
 
IHS Markit Ltd +3.02%
 
PayPal Holdings Inc +2.96%
Biggest Losers
DXC Technology Co -10.99%
 
Helmerich and Payne Inc -4.43%
 
Tractor Supply Co -4.34%
 
Walgreens Boots Alliance Inc -4.31%
Hottest ETF
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NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $55.05 -0.04 / -0.07%
Gold $1,506.50 -0.90 / -0.06%
10-yr 1.79% +0.06
Euro $1.11 +0.00 / +0.45%
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