Word: tobacco
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...Last Gasp Britain, home to three of the world's largest tobacco companies, ended all industry advertising last week, among a thick cloud of ads that grabbed some final publicity. The ban, which covers posters, billboards and print, will soon also end sponsorship of sporting events. U.K. tobacco firms spent only €32 million on ads last year, but 1.6 million people saw their billboards every day - which is why the government hopes the ban might finally help snuff out smoking among the young...
...Second would be electric utilities, where my bias is for quality over very high yield. I hold Dominion [4.8%] and Southern Co. [4.8%]. A third core industry would be oil. My preference is Royal Dutch Petroleum [3.5%]. Other core holdings, with a little more risk, are telecom and tobacco. I own SBC [4.5%] and Verizon [4.3%]. You have an interesting tension in terms of whether they get into the long-distance business or lose their local businesses. But there is a lot of yield there that compensates you. Altria Group, formerly Philip Morris...
Some months later, her application for financial aid from the California State University system was sent back to her because she inadvertently failed to answer the infamous Question 35, which asks whether or not an applicant has ever been convicted of possessing or selling drugs other than tobacco or alcohol. Garcia immediately contacted the financial aid office and, thinking little of it, told them of her minor transgression involving the ashes of a cannabis plant...
They described the ban as one step in an “incremental” approach toward eliminating tobacco-smoking altogether...
...People unknowingly—waiters, waitresses, as well as patrons—are being exposed to tobacco smoke,” Rosenthal says, adding that “those filters...