SWMAY News and Press, Swedish Match AB ADR From 10/16/22

Summary It has been a volatile quarter in equity markets, but our composite declined less than most major indices. In our Q3 update, we explain our investment thesis in Enova International, a subprime online lender. We also discuss the current fears gripping world equity marke...

Summary Ah, smoking, how taboo, what was once a cultural fad, is now quite the taboo. In fact, it has become taboo that an entire investment category is dedicated to these types of investments, so-called “Sin-Stocks." I’ll leave the moral dilemma of investing in ...

Summary Philip Morris has again extended the acceptance period on its offer, and Swedish Match shares have risen 3% above their SEK 106 offer. We believe the current offer will fail, as three investors opposed to the offer have effectively reached the 10% needed to block it. P...

Philip Morris ( NYSE: PM ) is due to be granted unconditional EU antitrust approval for its takeover of Swedish Match ( OTCPK:SWMAY ), according to Reuters. The outlet reported on Tuesday that the blockbuster deal for the snus maker is likely to go unchallenged by Europe...

First Eagle Investments is an independent, privately owned asset management firm dedicated to serving the needs of individuals and institutions worldwide as well as the financial professionals that advise them. We believe the fall from grace across asset classes thus far in 2022 large...

Swedish Match AB ( OTCPK:SWMAY ) is facing a suit over alleged monopolistic practices in nicotine pouches, wherein the plaintiff is seeking $1.2B in damages. The lawsuit, brought by former competitor Dryft Sciences, accuses the Swedish snus giant of filing “s...

Arch Capital is a concentrated, long-only equity fund aiming to compound capital at an above-market rate. Our goal for the fund is to generate 15% returns over the long haul while taking on as little risk as possible. Discipline – especially in bear markets – is how ...

GDV continues to reward shareholders through its steady monthly distribution. The fund also continues to remain at an attractive discount. Combining the discount with lower broader markets makes GDV a fairly attractive fund worth considering. Written by Nick Ackerman, ...

The Bronte Amalthea Fund is a global long/short fund targeting double digit returns over the long term, managed by a performance orientated firm with a process and portfolio that we feel is genuinely different. The Bronte Amalthea Fund returned 0.1% in June and +7.5% for the 2Q agains...

Altria saw declines in both its revenues and operating income in Q2 as macro headwinds led to an 11% drop in its cigarette volume. However, the results were made worse by some one-off items, and Altria reiterated its outlook for a 4-7% EPS growth in 2022. Underlying trends in the ...