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The Positives, Negatives Of Altria's $12.8-Billion Investment In Juul Labs
Thursday, December 20, 2018 - 11:44am | 519Cigarette maker Altria Group Inc (NYSE: MO) reached an agreement with vape company Juul Labs in which the Marlboro parent company bought a 35-percent stake in Juul for $12.8 billion. CNBC reported Thursday that the deal includes a $2-billion dividend payment from Altria to Juul employees...
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The Market Impact Of Trump AG Nominee William Barr
Friday, December 7, 2018 - 1:19pm | 554Markets had little reaction Friday to the latest shakeup in the White House after President Trump announced he will be nominating William Barr to serve as the next attorney general. What To Know Barr, who previously served as attorney general under George H.W. Bush for a little over a year, will...
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Analysts Weigh In On The FDA's Position On E-Cigarettes, Menthols
Tuesday, November 13, 2018 - 3:56pm | 569The Food and Drug Administration is set on introducing restrictions on the sale of electronic cigarettes, including prohibiting most flavored products in convenience stores and gas stations, The Washington Post reported Nov. 8. The Wall Street Journal followed up with its own report Friday that...
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How The FDA May Be Overstepping Bounds With New E-Cigarette Policy
Friday, November 9, 2018 - 12:31pm | 485The Food and Drug Administration aims to extend Obama-era policies restricting e-cigarette sales to teen consumers. As early as next week, FDA Commissioner Scott Gottlieb will deliver a plan to: Tighten age verification for online sales; Advance a ban on menthol flavoring in combustible cigarettes...
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Here's What's At Stake For Your Investments In The 2018 Midterms
Tuesday, November 6, 2018 - 9:54am | 934Each American voter has Congressional seats, local government positions and ballot propositions to consider Tuesday. For investors looking at the big picture of the midterm elections, Height Capital Markets broke down the key races for investors to watch when the vote tallies start streaming in...
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Antitrust Investigation Of Big Tech Ordered By Trump Would 'Act As A Cover' For Election Loss, Says Height Capital Markets
Monday, September 24, 2018 - 1:02pm | 506President Donald Trump is upping the ante in his criticism of major U.S. tech companies. Trump is reportedly preparing an executive order that calls for antitrust investigations of tech companies such as Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Facebook, Inc. (NASDAQ: FB) and Twitter Inc (...
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Analyst: Penn National, Caesars Entertainment Could Benefit Most From Sports Betting
Monday, June 18, 2018 - 2:53pm | 461The recent Supreme Court ruling legalizing sports gambling nationwide has certainly created some profitable opportunities, but traders may not know where to place their bets. U.S. sports betting will see massive growth over the next five years, and a handful of stocks are positioned to benefit...
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Here's Where Legal US Sports Betting Is Coming First
Tuesday, May 15, 2018 - 10:37am | 403The U.S. gambling market got some big news Monday when the Supreme Court overturned a ban on sports betting outside of Nevada. The decision opens the door for legalized NFL gambling this season in seven states with regulatory legislation already in place, and more states sure to follow suit....
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A Decision Worth Billions: A Supreme Court Ruling On Legal Sports Betting Could Arrive Anytime
Thursday, April 26, 2018 - 12:47pm | 1124While legalized marijuana represents a burgeoning industry and tax boon for states, its finacial impact could be eclipsed by the potential of legalized sports betting. Estimates of the size of the illegal sports betting market in America range from the American Gaming Association's figure of $...
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Analyst Says SNAP Benefits Are Safe, Despite New House Bill
Friday, April 13, 2018 - 1:11pm | 387The new House farm bill could have a major impact on the supplemental nutrition assistance program, also known as food stamps. The stocks of grocers that accept SNAP benefit cards — such as Walmart Inc (NYSE: WMT), Target Corporation (NYSE: TGT), Kroger Co (NYSE: KR) and SUPERVALU INC. (NYSE...
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'A Buying Opportunity In Facebook': Analysts React To Zuckerberg's Congressional Testimony
Thursday, April 12, 2018 - 3:29pm | 835Facebook, Inc. Common Stock (NASDAQ: FB) CEO Mark Zuckerberg’s 10 hours of testimony were not in vain. The two-day congressional hearing over Facebook’s consumer data and influencer security catalyzed an equally long run in the company’s stock, and some consider the rally the...
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Why Paul Ryan's Retirement Could Signal 'An Increased Opportunity' For Impeachment Proceedings In 2019
Thursday, April 12, 2018 - 2:44pm | 444Speaker of the House Paul Ryan has announced his retirement, a decision that has sparked talk that President Donald Trump could be vulnerable to impeachment prior to the 2020 election. With Ryan on the way out the door, some experts say Republicans may have trouble raising money ahead of the...
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The Under-The-Radar Senate Hearing More Meaningful To Facebook Than Zuckerberg Grilling
Thursday, April 12, 2018 - 9:56am | 344Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg’s Congressional hearing drove a 3.6-percent rally in the suffering stock over the last two sessions. But that 10-hour interrogation and anything revealed or resolved in the process had fewer near-term implications for Facebook than a...
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Height: Amazon Likely To Land $10B Defense Contract
Tuesday, April 10, 2018 - 4:32pm | 369The federal government might soon eat its words on Jeff Bezos. Height Securities predicts the Department of Defense will award Amazon.com, Inc. (NASDAQ: AMZN) — the enduring target of Oval Office disdain — a cloud-computing procurement contract worth more than $10 billion. “Amazon...
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Analysis: Neither Trump Nor Congress Can Do Much To Alter Amazon's Post Office Rates
Wednesday, April 4, 2018 - 3:31pm | 745Amazon.com, Inc. (NASDAQ: AMZN) stock has been under heavy selling pressure after President Donald Trump repeatedly bashed the company for what he said is favorable tax treatment and USPS subsidies. Despite investor concerns about new regulations, Wall Street analysts said Trump’s tweets are...