Turning Point Brands, Inc. (TPB) News
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TPB News Highlights
- For TPB, its 30 day story count is now at 2.
- Over the past 29 days, the trend for TPB's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- The most mentioned tickers in articles about TPB are MO.
Latest TPB News From Around the Web
Below are the latest news stories about Turning Point Brands Inc that investors may wish to consider to help them evaluate TPB as an investment opportunity.
Unless you borrow money to invest, the potential losses are limited. On the other hand, if you find a high quality...
The tobacco industry includes companies that grow, produce, and sell tobacco and related products such as cigarettes and e-cigarettes. The biggest tobacco companies include Philip Morris International Inc. (PM) and Altria Group Inc. (MO), both of which sell products with dominant brand names. Tobacco stocks as a group have significantly lagged the broader market.
A look at the shareholders of Turning Point Brands, Inc. ( NYSE:TPB ) can tell us which group is most powerful...
Icahn Capital reached a pact to appoint Bausch Health directors. Perceptive Advisors disclosed a large stake in Landos Biopharma.
Turning Point Brands, Inc. -- Moody's announces completion of a periodic review of ratings of Turning Point Brands, Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Turning Point Brands, Inc.Global Credit Research - 17 Feb 2021New York, February 17, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Turning Point Brands, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 9 February 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to an...
Turning Point Brands Announces Pricing of Registered Block Trade of Two Million Shares of Common Stock by Standard General
Turning Point Brands, Inc. ("TPB" or the "Company") (NYSE: TPB) today announced the pricing of the previously announced underwritten registered block trade of 2,000,000 shares of the Company’s common stock by funds affiliated with Standard General L.P. (the "Standard General Funds" or the "Selling Stockholders") at an offering price of $56.00 per share. In addition, the Standard General Funds have granted the underwriter the option to purchase up to 300,000 shares of the common stock from them to cover over-allotments, if any, which will be exercisable for two business days.
Turning Point Brands Announces Proposed Registered Block Trade of Two Million Shares of Common Stock by Standard General
Turning Point Brands, Inc. ("TPB" or the "Company") (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients, today announced the proposed registered block trade of 2,000,000 shares of the Company’s common stock by funds affiliated with Standard General L.P. (the "Standard General Funds" or the "Selling Stockholders"). In addition, the Standard General Funds are expected to grant the underwriter the option to purchase up to 300,000 shares of the common stock from them to cover over-allotments, if any, which will be exercisable for two business days. The offer and sale are and will be made pursuant to the Company’s Registration Statement on Form S-3 declared effective by the Securi...
TerrAscend Investment Helps Canopy Rivers Reach $82.2M In Income For Q3 Canopy Rivers Inc. disclosed Wednesday its total comprehensive income amounted to $82.2 million in the third quarter of this fiscal year, versus a loss of $40 million in the same period of last year. The company attributes the growth to an $11.4 million increase in the value of its TerrAscend Canada Inc. (CSE: TER) (OTCQX: TRSSF ) investment. The Toronto-based venture capital firm invested some $10 million in Terrascend in October. Canopy acquired 13,243 units of TerrAscend as a part of the first tranche of the offering. "Our portfolio companies continue to gain momentum, and we are further encouraged by the potential for regulatory reform in the U.S. given recent progress at the state level, and the new administrat...
The markets have been on a tear of late despite the headwinds presented by the novel coronavirus pandemic. The question is how long this will last? Writing from Goldman Sachs, the firm’s chief US equity strategist David Kostin says that the markets will outperform both other investments and analyst expectations over the next two years. He sees the S&P 500 hitting 4,600 by the end of 2022, which would represent a 25% gain. Backing his stance, Kostin gives four reasons for his bullishness. The first three reasons are the obvious ones: the economy is improving, earnings are rising, and interest rates are low – these all draw investors into stocks.
Turning Point Brands announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…