The Briefing Room

General Category => Economy/Business => Topic started by: TomSea on November 12, 2018, 05:08:33 pm

Title: Tobacco shares hit on US menthol ban fear
Post by: TomSea on November 12, 2018, 05:08:33 pm
Quote
Tobacco shares hit on US menthol ban fear

Shares in two tobacco giants have been hit by reports that US regulators are planning to ban menthol cigarettes.

Shares in British American Tobacco fell 9% to their lowest level for nearly five years, while Imperial Brands shares fell 4%.

A report in the Wall Street Journal claimed the US Food and Drugs Administration would impose the ban.

Read more at: https://www.bbc.com/news/business-46178410 (https://www.bbc.com/news/business-46178410)

Wow, so they might ban Kool, Salem, I think Newport and all of the other menthol brands?
Title: Re: Tobacco shares hit on US menthol ban fear
Post by: andy58-in-nh on November 12, 2018, 05:29:40 pm
Riots soon to follow in inner city communities...  :whistle:
Title: Re: Tobacco shares hit on US menthol ban fear
Post by: Sighlass on November 12, 2018, 05:35:54 pm
In other news, peppermint oil soon to spike in price.
Title: Re: Tobacco shares hit on US menthol ban fear
Post by: TomSea on November 12, 2018, 05:36:09 pm
I was once at a convenience store and this black woman actually broke into a comedy skit about racial profiling, I wish I could remember it verbatim, she said something like "okay, I want 2 packs of Newport and 2 40 oz. Colt 45 40 ouncers".... it was something like this. I thought it was pretty funny.  I hope it is not objectionable to state this.
Title: Re: Tobacco shares hit on US menthol ban fear
Post by: andy58-in-nh on November 12, 2018, 05:45:18 pm
I was once at a convenience store and this black woman actually broke into a comedy skit about racial profiling, I wish I could remember it verbatim, she said something like "okay, I want 2 packs of Newport and 2 40 oz. Colt 45 40 ouncers".... it was something like this. I thought it was pretty funny.  I hope it is not objectionable to state this.
It had to be that, or two packs of Kools and a couple 40's of Olde English malt liquor...
Title: Re: Tobacco shares hit on US menthol ban fear
Post by: jmyrlefuller on November 12, 2018, 09:48:12 pm
These companies wouldn't still be in business if not for the taxes they generate.
Title: Re: Tobacco shares hit on US menthol ban fear
Post by: Wingnut on November 12, 2018, 09:53:19 pm
Riots soon to follow in inner city communities...  :whistle:


Oh Snap!  You didn't!   rrthree