Shares of Altria Group Inc. (MO) and Philip Morris International Inc. (PM) — both of which own Marlboro cigarettes, with the former selling them in the U.S. and the latter selling them internationally — logged sizable losses during Tuesday’s session after the firms announced a potential plan to mitigate falling cigarette sales. Philip Morris — […]
Read MoreTrade Setup Buy Target – $6.50 or Better Sell Target – TradersPro Sell Signal TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. It operates through eight segments: Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing, and Corporate. The […]
Read MoreThere’s new confusion on the trade war front, big tobacco is reuniting, and the yield curve is worsening.
Read MoreJohnson & Johnson (JNJ) On Monday, an Oklahoma judge ruled against the pharma and consumer goods giant in the state’s highly publicized opioid case. The ruling marks the first major opioid crisis-related U.S. penalty against a major drug producer and will force the firm to pay a fine of $572 million, only about 1% of […]
Read MoreIf you’re like me, it can get a bit tiresome to hear about nothing but the trade war, tariffs, and listen to market media and analysts speculate about the impact of the latest Trump tweet. It’s been more than a year that tariffs between the U.S. and its trading partners – and most particularly, China […]
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