SWMAY News and Press, Swedish Match AB ADR From 07/07/22

Activist Elliot Investment Management is said to be accumulating a stake in Swedish Match ( OTCPK:SWMAY ) as it attempts to oppose a $16 billion sale of the smokeless tobacco company to Philip Morris International ( NYSE: PM ). Elliott is said to be against the deal un...

Sentiment on the stock markets remained poor in June. Overall, the S&P 500, Dow Jones & Co. are still at 2020 levels, meaning that the gains from 2021's bull run have mainly evaporated. However, such events do not scare us dividend hunters, because our focus is on rising p...

Barclays analyst Gaurav Jain made no bones about calling Altria ( NYSE: MO ) a declining business on Wednesday. Jain told clients that with limited exposure to next generation products,the overhang of JUUL litigation, increasing competition from Philip Morris ( PM ) as i...

The expected FDA order to remove JUUL products from shelves in the US is a major setback for Altria’s (NYSE:MO) efforts to move away from traditional cigarettes, per Stifel analyst Christopher Growe. Growe indicated the news of a ban was unexpected, as Altria’s (MO) efforts to c...

Jane's retirement accounts generated a total of $1,514.11 of dividend income for May 2022 vs. $1,385.68 of dividend income for May 2021. Jane's Traditional IRA had a balance of $440.4K as of May 31, 2022, vs. $419.7K on May 31, 2021. The estimated annualized dividend yield is 5.09%. ...

GLU's rights offering is now live. Rights are discounted versus their intrinsic value, possibly arbitrage opportunity. Do not subscribe if GLU drops below $16 at expiry. For further details see: GLU: Rights Offering Quick Notes

We are downgrading our rating on Swedish Match as its shares now trade at just 5% below the SEK 106 offer from Philip Morris. We believe the offer undervalues Swedish Match's multi-bagger potential, but it has effectively been accepted by Swedish Match's board. Q1 results this wee...

Philip Morris’ (NYSE:PM) blockbuster $16 billion bid for Swedish Match (OTCPK:SWMAY) isn’t pleasing to all parties apparently. Per Reuters, Bronte Capital, a major shareholder in the Swedish snus giant, called the deal terms “unacceptable” and vocally opposed Phili...

The following slide deck was published by Swedish Match AB (publ) in conjunction with their 2022 Q1 earnings call. For further details see: Swedish Match AB (publ) 2022 Q1 - Results - Earnings Call Presentation

Company offers to buy Swedish Match for $16 billion. Deal would acceleration transition to smokeless future. Financial impact of deal is quite significant for shareholders. For further details see: Philip Morris Found Its Match