|Bid||3,650.00 x 54200|
|Ask||3,840.00 x 67200|
|Day's Range||3,667.00 - 3,727.00|
|52 Week Range||2,879.89 - 17,365.40|
|PE Ratio (TTM)||2.02|
|Forward Dividend & Yield||1.95 (4.83%)|
|1y Target Est||5,314.06|
Weak shipment volumes stemming from declining cigarette sales have long been a hurdle for firms in the tobacco space. However, RRPs are likely to continue expanding.
Zacks Investment Ideas feature highlights: Phillip Morris International, Altria and British American Tobacco
Philip Morris International said growth of iQOS, its heat-not-burn tobacco product, slowed in Japan. Altria and British American Tobacco shares also slid. Philip Morris International PM shares plummeted 17 percent, on track for the company's worst day since it spun off from Altria in 2008, after PMI posted mixed first-quarter results and said growth of iQOS, its heat-not-burn tobacco product, slowed in Japan.
There is a lot to be liked about British American Tobacco pl.c. (LSE:BATS) as an income stock, over the past 10 years it has returned an average of 4.00% perRead More...
A slim, USB-chargeable e-cigarette that comes in flavors like “crème brulée” and “cool cucumber,” the Juul has quickly become one of the most popular such products among teens and young adults. While experts, parents and teachers say they’re worried about the trend, young adults may be missing one of the crucial reasons why, a new study published in the peer-reviewed journal Tobacco Control has found. Only a minority of young people who were familiar with or had recently used the Juul knew that it contains the addictive stimulant nicotine, according to the study.
Philip Morris International (PM), an American tobacco company, is scheduled to announce its 1Q18 earnings before the market opens on April 19, 2018. In 4Q17, Philip Morris posted adjusted EPS (earnings per share) of $1.31 on revenues of $8.29 billion. The increase of 3.8% in total shipment volume, growth in RRP (reduced risk products) sales, and better-than-expected revenue in 4Q17 appear to have increased investors’ confidence, leading to a rise in the company’s stock price.
The UK's top share index fell below a key level on Thursday, hit by concerns over potential trade wars and following a hawkish surprise from the Bank of England's policy meeting. The BoE kept interest rates on hold but two policymakers unexpectedly voted for a hike, cementing expectations that borrowing costs will rise in May. "This meeting can certainly be interpreted as a step towards a hike in May. The pound ran out of steam having already had an exceptional week and having rallied hard into the announcement," Fiona Cincotta, Senior Market Analyst at City Index.
Tobacco stocks are trading lower on Wednesday, after another blow from the Food and Drug Administration. The FDA issued its Advanced Notice for Proposed Rulemaking (ANPRM) for characterizing flavors in tobacco products including menthol cigarettes, signaling its intent to regulate these, in both traditional and e-cigarettes. This follows on the heels of its proposed rule for nicotine in tobacco products, released just last week.
The Food and Drug Administration is taking the first step toward implementing a rule about the role that flavors, including menthol, play in attracting users to certain tobacco products.
The Food and Drug Administration will consider restricting the use of menthol flavoring in cigarettes, the second move in a week by the agency to make smoking less enjoyable as part of an ambitious anti-tobacco ...
Shares of British American Tobacco pl.c. (LSE:BATS) will begin trading ex-dividend in 3 days. To qualify for the dividend check of £0.49 per share, investors must have owned the sharesRead More...
Japan Tobacco (2914.T) has agreed to buy Russia's Donskoy Tabak for about 90 billion roubles (1.12 billion pounds) to strengthen its leading position in the world's third-largest tobacco market. Japan Tobacco, the third-biggest international cigarette maker, has been on the hunt for overseas deals to offset shrinking sales at home. Japan Tobacco and its peers -- Philip Morris International (PM.N), British American Tobacco (BATS.L) and Imperial Brands (IMB.L) -- are grappling with slowing sales as more people give up smoking.
British American Tobacco (BAT) today published its Annual Report and Sustainability Report - both of which outline the Company's commitment to transform tobacco by offering an unrivalled suite of potentially reduced-risk products that address the varied preferences of today's consumers. Complementing its existing combustible portfolio, BAT now offers a wide range of potentially reduced-risk products, including Next Generation Products (NGPs), comprising vapour and tobacco heating products (THPs), as well as oral tobacco and nicotine products, such as snus and moist snuff.
Today we’re going to take a look at the well-established British American Tobacco pl.c. (LSE:BATS). The company’s stock received a lot of attention from a substantial price movement on theRead More...
A strong jobs report out of the U.S. boosted European shares on Friday after a sluggish start to trading, while U.S. tariffs on steel and aluminium hit steelmakers. It was strong wage growth last month that fanned speculation of faster rate rises in the United States, causing a rout in the bond market and hammering world equities.
Children in 21 countries are being exposed to promotions by tobacco companies, with cigarettes and advertising appearing close to schools
NEW YORK, March 09, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
WINSTON-SALEM, N.C. (AP) — Reynolds American Inc. is giving most of its 5,500 employees a $1,000 bonus and keeping more than 99 percent of its earnings windfall from corporate tax reductions.