Word: tobacco
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...Infinity's $1.9 billion in annual revenue. That may not be "material" legally, but it's information an investor ought to be able to get. By the way, the prospectus neglects to warn of a possible hit on Infinity's outdoor-advertising business stemming from a tobacco settlement limiting billboard cigarette ads. CBS takes the rosy view that new clients will sign up at higher rates than tobacco companies, which had long-term leases. So it's a good thing. But until that actually happens, the lost tobacco revenue is a risk investors should be told about...
During 1998, Harvard also voted on three shareholder proposals dealing with tobacco. According to a policy adopted in 1990, the University will not purchase stock in companies producing large amounts of tobacco products...
...proxy addressed to H.B. Fuller, a manufacturer and marketer of specialty chemicals and industrial adhesives, requested that the company not sell adhesives to "any tobacco-related entity when they will be used for the production of cigarettes or other tobacco products...
...worried that his workers would go crazy with their five bucks a day that he set up a "Sociological Department" to make sure that they didn't blow the money on booze and vice. He banned smoking because he thought, correctly as it turned out, that tobacco was unhealthy. "I want the whole organization dominated by a just, generous and humane policy," he said...
...course, there was never much in it for the states anyway, other than good press; in contrast to the tobacco suit, nobody was dangling umpteen gazillion simoleons in settlement money. Still, the defection does allow Redmond a little positive spin. Naturally, it was greeted as good news on Wall Street, where MSFT jumped more than 5 points in late-day trading...