Allocating the tobacco money
Article Abstract:
Local officials in Mississippi created valuable use of the revenue generated from tobacco operations by transforming it into a state fund for improving the health status of local citizens. Dubbed as the Health Care Trust Fund, the budget consists of domestic equities, covered call and put options, international stocks and commingled funds. Part of the fund would be used for the Children's Health Insurance, an initiative that seeks to render health assistance to uninsured children, veterans, trauma centers and other related institutions.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Capital Corporation
Article Abstract:
Capital Corporation is a UK casino operator and the company suffered a drop in profit of 40% in 1994 followed by a rise in profit for 1st half 1995. The company is relaunching its mid-range casino during 1996, and this should ease some of the volatility from the company's involvement in top-range casinos. The UK lottery has affected more down-market forms of gaming, so Capital Corporation's focus on the premium end of the market should help offset the impact of the lottery.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Universal Corporation
Article Abstract:
US tobacco merchant Universal Corp. is market leader in tobacco leaf merchandising, accounting for nearly 50% of the world tobacco leaf market. The firm's future prospects look good and its shares are seen as a good buy.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Embracing the enemy. Joint MLK celebration
- Abstracts: Lunching out on success. Strategies for corporate success. Shaping your success
- Abstracts: A binomial model for the valuation of corporate voting rights. The market valuation and trading volume effects of the creation of the Florida Hurricane Catastrophe Fund on property-liability insurers
- Abstracts: Health care facilities. Comparing the impact of news: a tale of three health care sectors. Synergy Healthcare
- Abstracts: Free and easy. Dattl do nicely. The tax jungle