Market News AIOpen the app

Trump's choice for Surgeon General has investments in tobacco and soda companies while Kennedy fights against sugary drinks and junk food.

New bossRead the original at benzinga.com
Neutral

Philip Morris: The nominee disclosed a holding in Philip Morris and agreed to divest it within 90 days if confirmed. One person's planned sale is unlikely to change the company's business.

PM · Philip Morris International Inc.

AI read · Neutral

The AI's read

Dr. Nicole Saphier disclosed a Philip Morris holding and agreed to divest it within 90 days if confirmed; one planned sale by a nominee does not change Philip Morris's business.

MO · Altria Group Inc.

AI read · Neutral

The connection

Altria (MO): The nominee agreed to divest holdings including Altria within 90 days if confirmed. A single nominee's sale does not change the company's operations.

BTI · British American Tobacco PLC

AI read · Neutral

The connection

British American Tobacco (BTI): The nominee said she will divest her tobacco holdings, including BTI, if confirmed. That disclosure alone does not alter the company's business.

KO · Coca-Cola Co.

AI read · Neutral

The connection

Coca-Cola (KO): The nominee agreed to offload beverage stakes, including Coca-Cola, within 90 days if confirmed. One investor's planned sale does not change company fundamentals.

MCD · McDonald's Corp.

AI read · Neutral

The connection

McDonald's (MCD): The nominee disclosed a McDonald's stake and agreed to offload it if confirmed. A single divestiture does not change McDonald's business.

PEP · PepsiCo Inc.

AI read · Neutral

The connection

PepsiCo (PEP): The nominee said she will offload PepsiCo holdings if confirmed. This planned sale by one person does not alter PepsiCo's operations.

Get alerts for PM

Follow Philip Morris International Inc. (PM) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for PM
Free on the App Store and Google Play, or on the web.