|Bid||3,509.00 x 54200|
|Ask||3,590.00 x 67200|
|Day's Range||3,507.00 - 3,580.50|
|52 Week Range||3,465.00 - 17,365.40|
|PE Ratio (TTM)||2.10|
|Forward Dividend & Yield||1.95 (5.33%)|
|1y Target Est||4,737.22|
The Food and Drug Administration may fast-track the review process for e-cigarettes that include features to make the products less likely to be used by kids, Commissioner Scott Gottlieb told CNBC on Thursday. The FDA ordered five brands — Juul, British American Tobacco's Vuse, Altria's MarkTen, Imperial Brands' Blu E-cigs and Japan Tobacco's Logic — to submit plans within 60 days detailing how they will prevent teens from using their products. The Food and Drug Administration is considering fast-tracking the review process for e-cigarettes that include features that make the products less likely to be used by kids, Commissioner Scott Gottlieb told CNBC on Thursday.
Just like some of his biggest deals, the retirement of British American Tobacco Plc Chief Executive Officer Nicandro Durante doesn’t come at the best of times.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines London mayor steps up battle against surge in violent crime ...
(Reuters) - British American Tobacco Plc (BATS.L) said on Wednesday its board has identified a lead candidate to succeed Chief Executive Nicandro Durante, who has said he intends to retire on April 1, ...
British American Tobacco Plc said on Wednesday its board has identified a lead candidate to succeed Chief Executive Nicandro Durante, who has said he intends to retire on April 1, 2019, after nearly 37 ...
British American Tobacco said Chief Executive Officer Nicandro Durante will step down on April 1.Durante, who has been with the company for almost 37 years, informed the board of his decision to retire, the company said in a statement.
British American Tobacco CEO Nicandro Durante will leave the tobacco giant on April 1, 2019, the company said in a statement on Wednesday. Like its Big Tobacco competitors, BAT is trying to pivot toward nicotine alternatives such as e-cigarettes and, more recently, heat-not-burn tobacco products. British American Tobacco BATS-GB CEO Nicandro Durante will leave the tobacco giant on April 1, 2019, the company said in a statement on Wednesday.
As a result, some good investment opportunities may be found among European companies trading below their Peter Lynch values. Warning! GuruFocus has detected 7 Warning Signs with LSE:BATS. With the belief that good, stable companies eventually trade at 15 times their annual earnings, he compared the price of a stock over time to its earnings.
Britain's top share index extended its rally on Wednesday to hit a near two-week high as investors focussed on hopes a U.S.-China trade war was losing intensity. Brexit developments also kept the FTSE 100 in the thrall of currency moves on Wednesday, with inflation figures also driving swings in the index whose constituents derive most of their earnings from abroad. An unexpected jump in UK inflation boosted sterling in the morning, sending the FTSE 100 into the red.
The FTSE 100 (.FTSE) ended the day down 0.03 percent, while mid-caps (.FTMC) rose 0.4 percent, tracking higher European markets after Washington decided to slap 10 percent tariffs on another $200 billion of Chinese goods, and Beijing retaliated. Beijing's retaliation was less harsh than feared and caused just a temporary blip in stock markets which recovered fast. The FTSE 100 remains down 5.1 percent so far this year, however, as a recovery in sterling on growing expectations of a Brexit deal has weighed on the exporter-heavy index.
Philip Morris International Inc. (PM), British American Tobacco PLC (BTI), Westpac Banking Corp. (WBK) and National Grid PLC (NGG) have declined to their three-year lows. The prices of Philip Morris International Inc. (PM) shares have declined to $79.33 on Sept. 14, which is only 3.9% above the 3-year low of $76.21. Philip Morris International Inc. is an American international cigarette and tobacco manufacturing company best known for its Marlboro brand.
While Food and Drug Administration Commissioner Scott Gottlieb views tobacco products as a progression of risks, with cigarettes being the most harmful, his agency and its outside advisers dealt possible setbacks to products that deliver nicotine without cancer-causing smoke. The dilemma underscores the difficult balance the FDA is attempting to maintain as it weighs support for new types of cigarette alternatives. Separately, FDA advisers signaled uncertainty on Friday as to whether oral tobacco pouches are less likely to cause some diseases than smoking.
Health and Human Services Secretary Alex Azar said the agency supports the Food and Drug Administration's proposed e-cigarette crackdown. The FDA earlier this week threatened to pull e-cigarettes from shelves if manufacturers do not control teen use. The FDA is specifically ordering five brands — Juul, British American Tobacco's Vuse, Altria's MarkTen, Imperial Brands' Blu E-cigs and Japan Tobacco's Logic — to submit plans within 60 days detailing how they will prevent teens from using their products.
WASHINGTON/LOS ANGELES, Sept 12 (Reuters) - The U.S. Food and Drug Administration is considering a ban on flavored e-cigarettes from Juul Labs and other companies as it grapples with an "epidemic" of youth e-cigarette use that threatens to create a new generation of nicotine addicts, the agency's head said on Wednesday. In a speech at FDA headquarters, Commissioner Scott Gottlieb said the agency would also revisit a policy that extended the dates for some manufacturers of flavored e-cigarettes to get FDA approval before selling their products.
Stocks of big tobacco companies jumped higher on Wednesday after the Food and Drug Administration said it is considering banning all flavored e-cigarettes. "The disturbing and accelerating trajectory of use we're seeing in youth, and the resulting path to addiction, must end,” FDA Commissioner Scott Gottlieb said in a statement. The FDA is sending letters to e-cigarette manufacturers Juull, Vuse, MarkTen, blu e-cigs and Logic and asking them to respond in 60 days with plans to reduce teen use or face having products pulled.
Stronger crude prices and a rally in tobacco stocks gave a boost to Britain's top share index on Wednesday, while a profit warning hit energy provider SSE. The FTSE 100 ended up 0.55 percent at 7,313.36 points, having hit its lowest point in five months in the previous session. SSE tumbled 8.3 percent to its lowest since February 2011 after it warned first-half profit would halve due to the impact of dry, still and warm weather, and persistently high gas prices.
The FDA is considering restricting e-cigarette manufacturers from selling flavored nicotine liquid or making the products undergo an agency review.
Is it time to realign your portfolio with a value investing strategy? Warning! GuruFocus has detected 7 Warning Signs with BTI. British American Tobacco has a market capitalization of $108.23 billion on the New York Stock Exchange.
Shares in Britain's dollar-earning multinationals edged down on Tuesday amid rising tensions between Washington and Beijing, while Ashtead rose on results. The FTSE 100 (.FTSE) ended 0.1 percent lower. Consumer goods giants were among the biggest drags on the FTSE 100, taking a cumulative 12.2 points off the index.
British American Tobacco Plc hasn’t produced adequate data to show its Camel smokeless tobacco pouches are a less risky alternative to cigarettes, according to U.S. regulators, a sign the company may face hurdles as it attempts to develop less-harmful products. Although Camel Snus have lower levels of some potentially harmful chemicals compared with cigarettes, they contain higher amounts of arsenic, cadmium and nicotine, said Food and Drug Administration staff in a briefing document posted online on Tuesday.
On CNBC's "Mad Money Lightning Round", Jim Cramer said he sold his charitable trust fund's position in Western Digital Corp (NASDAQ: WDC) in the $90s and $80s. Box Inc (NYSE: BOX) didn't deliver a perfect quarter, said Cramer. Coupa Software Inc (NASDAQ: COUP) quarter was magnificent, thinks Cramer.
It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed. Coupa got brought down by the whole cloud clique, and you know what? Coupa's quarter was magnificent.