Swedish Match shares light up on domestic regulatory approval (NYSE:PM)

Tuesday, 28 June 2022, 15:37:03
Swedish Match (SWMAY) shares rose sharply on Tuesday after Philip Morris’ (PM) proposed acquisition of the company was given an OK by Swedish regulators. According to a press release…
— Seeking Alpha

Futures, Commodities Jump After China Cuts Quarantine

Tuesday, 28 June 2022, 14:00:21
Futures, Commodities Jump After China Cuts Quarantine US stock futures rebounded from Monday”s modest losses and traded near session highs after China reduced quarantine times for inbound travelers by half – to seven days of centralized quarantine and three days of health monitoring at home – the biggest shift yet in a Covid-19 policy that has left the world’s second-largest economy isolated as it continues to try and eliminate the virus. The move, which fueled optimism about stronger economic growth and boosted appetite for both commodities and risk assets, sent S&P 500 futures and Nasdaq 100 contracts higher by 0.6% each at 7:15 a.m. in New York, setting up heavyweight technology stocks for a rebound. Mining and energy shares led gains in Europe’s Stoxx 600 and an Asian equity index erased losses to climb for a fourth session. 10Y TSY yields extended their move higher rising to 3.25% or about +5bps on the session, while the dollar and bitcoin were flat, and oil and commodity-linked currencies strengthened.
— Zero Hedge

Scared of a Potential Recession? 3 Reasons to Buy Philip Morris International

Monday, 27 June 2022, 16:00:00
This tobacco giant is well-positioned for success in this challenging economy.
— The Motley Fool

Don”t Buy Philip Morris Stock. Here Are 2 Better Dividend Payers To Buy Now

Monday, 27 June 2022, 13:55:00
The tobacco giant might not be the best choice for income investors.
— The Motley Fool

7 Undervalued Large-Cap Stocks to Buy Before Wall Street Catches On

Friday, 24 June 2022, 00:06:28
With stocks down by double-digits year-to-date there are many bargains out there today among undervalued large-cap stocks. That’s not to say, however, that the market has reached a bottoming out point. With the Federal Reserve kicking its rate hike plans up a notch, equities may continue to slide lower, as the market absorbs higher rates. Not to mention, the high inflation that resulted in rates moving up, plus growing chances of a recession. Yet even if stocks have more room to move lower in the short-term, if you’re looking for long-term opportunities, it may be worthwhile to take a look at the many large-cap names now trading at low valuations. Although there are stocks that have moved lower for a reason, there are also plenty that have become oversold. With some names, investors are overreacting to negative developments. With others, the market is underestimating how long recent tailwinds will last. 7 Stocks to Buy That Could Make You a Millionaire The seven undervalued large-cap stocks listed below fall within these three categories.
— InvestorPlace