Sinful Stocks

2.86k followers • 16 symbols Watchlist by Yahoo Finance

This basket consists of stocks that serve the 18+ crowd, such as casinos, alcohol, tobacco, and strip clubs.

16 symbols

Reuters Videos
Philip Morris' campaign to "normalize" IQOS
Alongside fashionable brand names like Mercedes-Benz and Chopard on the red carpet backdrop at Germany's Bambi Awards last year: IQOS. That's Philips Morris' alternative cigarette that heats up but doesn't burn ground-up tobacco. A study by tobacco researchers at Stanford University says such promotions are part of the company's "normalization" strategy. That strategy, it says, aims to scrub the company's image as a maker of cigarettes that cause cancer ... and market its smoking alternatives as youthful, upscale lifestyle products. The Stanford professor who led the study says Philip Morris is trying to resurrect the glory era of smoking by associating IQOS with a glamorous and stylish lifestyle. Last year, a Reuters investigation found that Philip Morris had used young online personalities to promote IQOS. That prompted the company to admit that it had violated its own policy that prohibits it from using youth-oriented celebrities or models who are or appear to be under 25. But the Stanford study says IQOS marketing continues to substantially stray from those corporate standards by using youth-oriented social media channels, trendy pop music festivals and celebrity influencers. In Israel, the brand was present at a Tel Aviv University student music festival last year where the minimum age for admission was 16. Philip Morris partners with Altria to sell IQOS in about 50 countries including the U.S. They've pledged to regulators that they would market it only to adult smokers. But in other countries, the Stanford study says the company uses what it calls "coaches" and "ambassadors" to market IQOS. In Romania and Russia, THAT MEANS RECRUITING ATTRACTIVE WOMEN AS YOUNG AS 19 TO MARKET THE DEVICE, ACCORDING TO JOB LISTINGS REVIEWED BY REUTERS. Philip Morris did not respond to questions about its business relationships with the establishments that promote the device and display its branding.
Bloomberg
Altria Dips After Report SEC Investigating Probe of Juul Stake
(Bloomberg) -- Altria Group Inc. shares dipped Friday after a report in the Wall Street Journal that the U.S. Securities and Exchange Commission had opened a probe into the cigarette maker’s $12.8 billion investment into vaping company Juul Labs Inc.Shares of Altria closed Friday at $45.89 in New York, up 0.7% after gaining as much as 1.4% earlier in the day. The Journal said the SEC is probing whether Altria adequately disclosed the risks of the investment. The tobacco company has written its position down to $4.2 billion amid new restrictions on Juul’s business and scrutiny over whether the vaping company hooked a new generation of young users on nicotine. Judy Burns, an SEC spokeswoman, declined to comment. Representatives for Juul and and Altria declined to comment.Altria invested in Juul in late 2018, valuing the vaping startup at about $38 billion at the time. In announcing the most recent writedown, Altria said it had narrowed the terms of its cooperation with Juul, saying it would no longer give it marketing help and would instead focus solely on assisting Juul through its growing regulatory challenges.Juul can only keep selling its products in the U.S. if it submits an application to the Food and Drug Administration by May 12 -- and if the agency eventually approves it.Altria has been “highly disappointed” in its Juul investment, CEO Howard Willard said in January. When the tobacco giant first made its investment, “Juul was the market share leader and market growth leader” in vaping, he said.K.C. Crosthwaite, a former Altria executive who is now Juul’s CEO, has said that he is focused on building the e-cigarette maker for the long-term by preparing premarket tobacco product applications to earn authorization in the U.S. Juul’s latest internal valuation has put the company’s value at about $20 billion, according to an internal memo sent to staff and described to Bloomberg News.To contact the reporter on this story: Drew Armstrong in New York at darmstrong17@bloomberg.netTo contact the editor responsible for this story: Drew Armstrong at darmstrong17@bloomberg.netFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
FX Empire
AUD/USD Weekly Price Forecast – Australian Dollar Breaks Down
The Australian dollar had a rough week, breaking down below the recent lows, reaching towards the 0.66 handle. However, the market looks as if it is trying to finish the week with a little bit of a bounce, which should only offer more opportunities.
FX Empire
AUD/USD Price Forecast – Australian Dollar Trying to Recover
The Australian dollar has rallied after initially falling during the day on Friday, as traders are starting to do a bit of short cover trading going into the weekend.
Zacks
Company News for Feb 21, 2020
Companies In The News Are: IOTS, CYH, SAM, VMI
Zacks
Boyd Gaming (BYD) Q4 Earnings & Revenues Beat Estimates
Boyd Gaming's (BYD) fourth-quarter 2019 earnings improve on the back of strong segmental performance.
FX Empire
How the Coronavirus Impacted the Forex Market
In this article we’ll explore how the epidemic has affected the global foreign exchange market so far.
FX Empire
Private Sector PMIs and the Coronavirus in Focus as Risk Aversion Hits
Private sector PMI numbers put the majors in focus later today. Expect plenty of volatility as risk appetite takes another hit.
Zacks
Boyd Gaming (BYD) Tops Q4 Earnings and Revenue Estimates
Boyd (BYD) delivered earnings and revenue surprises of 6.38% and 0.96%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
FX Empire
AUD/USD Price Forecast – Australian Dollar Continues To Fall Apart
The Australian dollar continues to fall apart, showing signs of weakness going forward. The market as well below the 0.67 handle, so therefore it makes sense that we continue towards the bottom of the overall consolidation area.
Zacks
Boston Beer (SAM) Q4 Earnings Miss Estimates, Stock Down
Boston Beer's (SAM) fourth-quarter 2019 earnings decline on lower gross margin, and higher advertising, promotional and selling costs despite strong revenues.
Zacks
Zacks Earnings Trends Highlights: Apple, Starbucks, Wynn Resorts and Royal Caribbean
Zacks Earnings Trends Highlights: Apple, Starbucks, Wynn Resorts and Royal Caribbean
Zacks
Boston Beer Company, Spirit AeroSystems, Apple, Starbucks and Carnival highlighted as Zacks Bull and Bear of the Day
Boston Beer Company, Spirit AeroSystems, Apple, Starbucks and Carnival highlighted as Zacks Bull and Bear of the Day
Zacks
Bull of the Day: Boston Beer Co (SAM)
Bull of the Day: Boston Beer Co (SAM)
FX Empire
AUD/USD Forex Technical Analysis – Downside Momentum Likely to Increase with No Visible Support Until .6285
The AUD/USD is likely to remain under pressure on Thursday as traders continue to price in a future RBA rate cut.
Simply Wall St.
Don't Race Out To Buy Wynn Resorts, Limited (NASDAQ:WYNN) Just Because It's Going Ex-Dividend
Readers hoping to buy Wynn Resorts, Limited (NASDAQ:WYNN) for its dividend will need to make their move shortly, as...
FX Empire
AUD/USD and NZD/USD Fundamental Daily Forecast – Australian Unemployment Rate Climbs; Rate Cut Chances Rise
Simply stated, if unemployment continues to rise, interest rates will fall again. Today’s figures are unlikely to prompt the RBA to cut rates in March. However, the unemployment rate is expected to continue to rise so a near-term future rate cut seems to be inevitable.
FX Empire
The Dollar is Searching for its Price Ceiling
The dollar index has been growing almost daily in February, adding 2.5% from the beginning of the month to its peaks from May 2017.
FX Empire
Economic Data Puts the EUR, the GBP and the U.S Dollar in the Spotlight
It’s a busy day ahead. With the Dollar sitting on top, today’s stats from the EU are going to need to impress to eat into the Dollar’s current week gains.
FX Empire
Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 20/02/20
While it’s a bullish start to the day, a number of the majors have seen their early gains erode. That could test the majors later in the day.
FX Empire
AUD/USD and NZD/USD Fundamental Daily Forecast – Traders Eyeing Australian Jobs Data
The Australian Dollar could rally on Thursday if the monthly employment data beats the estimates as it would further encourage investors to unwind RBA interest rate cut expectations. However, gains could be limited because of increasing concerns over the economic damage from the coronavirus outbreak.
Zacks
3 Reasons Why Growth Investors Shouldn't Overlook Boston Beer (SAM)
Boston Beer (SAM) possesses solid growth attributes, which could help it handily outperform the market.
FX Empire
The Mid-Week Wrap and Look Ahead – 20th January 2020
It’s been a choppy week for the majors as market sentiment towards COVID-19 and the Chinese economic outlook testing market resolve…
Simply Wall St.
Did You Miss Red Rock Resorts's (NASDAQ:RRR) 16% Share Price Gain?
Buying a low-cost index fund will get you the average market return. But across the board there are plenty of stocks...
FX Empire
AUD/USD Price Forecast – Australian Dollar Continues To Fail
The Australian dollar initially tried to rally during the trading session on Wednesday but gave back the gains at the 0.67 level. Quite frankly, this market is struggling due to a whole host of reasons, and therefore although I believe it is trying to build some type of base, it’s very unlikely to be able to rally significantly in the short term.