E-cigarette usage is sure to gain traction, particularly in light of the FDA's announcements in October. It just doesn't matter to the tobacco industry as we know it.
Research firm Sustainalytics pitched its services to advisors and investors at the annual Morningstar Investment Conference (MIC).
Altria (MO) strives to expand IQOS and on! amid consumers' rising preference on low-risk tobacco alternatives. Moreover, strong pricing for tobacco products is driving revenues.