|Bid||2,735.00 x 54200|
|Ask||2,910.00 x 67200|
|Day's Range||2,791.00 - 2,830.50|
|52 Week Range||2,336.50 - 4,509.50|
|Beta (3Y Monthly)||1.52|
|PE Ratio (TTM)||1.68|
|Earnings Date||Feb 28, 2019|
|Forward Dividend & Yield||1.95 (6.83%)|
|1y Target Est||3,825.26|
Contrary to conventional wisdom, you don't need a hefty trust fund or deep pockets like mutual funds and other institutional players to start investing.
British American Tobacco, which had its own Formula One team before selling to Honda in 2006, is returning to the sport under a multi-year global partnership with McLaren. Both sides said in a statement announcing the deal on Monday that the partnership will focus solely on BAT’s "potentially reduced risk products" with an emphasis on technology and innovation. "McLaren Applied Technologies will work with BAT on areas including battery technology and advanced materials.
The FTSE 100 index added 1.3 percent and the FTSE 250 rose 0.9 percent on their best day in ten days. Prime Minister Theresa May called on Britain's lawmakers to send a message to the European Union that they would support her plans to renegotiate the Brexit divorce deal. Retail stocks, led by a 5.7 percent jump in British American Tobacco after a rating upgrade, climbed to levels not seen since late November and were the biggest support to the main index.
By Muvija M and Shashwat Awasthi (Reuters) - London's main bourse ended Monday's session at its lowest in nearly a month as yet more downbeat data from China and U.S. bellwether Caterpillar's weak forecast ...
British American Tobacco PLC, Kellogg Co., Conagra Brands Inc. and Seneca Foods Corp have declined to their respective three-year lows
British American Tobacco (BTI) has seen its stock fall by more than 50% in the last 52 weeks, all while its financial performance has never been better. More importantly, the underlying business will survive any short-term market volatility. Warning! GuruFocus has detected 1 Warning Sign with WFC.
Negative headlines and poor market conditions sometimes conspire to create incredible bargains for true contrarians. International tobacco stocks like Altria Group , Philip Morris International and British American Tobacco fall into that category right now.
London's blue-chip bourse (.FTSE) ended the day 0.7 percent higher after hitting its highest since Dec. 5 and the mid-cap index (.FTMC) rallied 1.3 percent to levels not seen since Dec. 4. Spreadex analyst Connor Campbell said the statement was light on evidence that much actual progress had been made during the three days of trade talks in Beijing. Uncertainty over London's divorce from the European Union also deepened ahead of next week's parliamentary vote on the draft deal, while figures showed domestic productivity growth slowed to a two-year low during the three months to last September.
By Muvija M and Shashwat Awasthi (Reuters) - British shares jumped to their highest in almost a month on Tuesday amid hopes of a U.S.-China trade deal and as supermarket chain Tesco led a revival in retailers ...
Brookfield Property Partners, Petmed Express, and British American Tobacco offer dividends even more refreshing than Coca-Cola.
As of December 27, Altria Group (MO) was trading at $48.70—a fall of 21.8% since the announcement of its third-quarter earnings on October 25. Altria is 32.8% lower than its 52-week high of $72.45. Altria’s shipment volume of smokeable products has declined.
The U.S. Food and Drug Administration has announced three policy proposals that will ban menthol in cigarettes, limit the marketing of flavors in vaping liquids, and ban flavored cigars. This represents the most concerted attempt to clamp down on the tobacco industry in 20 years. Tobacco stocks moved sharply downward after the November announcement, particularly in reaction to the potential for menthol prohibition.
The U.S. Food and Drug Administration (FDA) plans to meet top-level executives of e-cigarette makers, the agency's chief said on Thursday, hinting that some companies seem to be backing away from commitments related to youth's access to e-cigarettes. "There's no reason manufacturers must wait for FDA to forcefully address the epidemic. In November, the FDA announced sweeping restrictions on flavored tobacco products, including electronic cigarettes popular among teenagers, and restricting sale of fruity or sweet flavors at retail outlets.
Philip Morris International (PM) was trading at $69.08 on December 21, close to its 52-week low of $68.74 and 61.0% below its 52-week high of $111.25. The stock has fallen 18.3% since Philip Morris announced its third-quarter results on October 25.
Today, Altria Group (MO) announced a $12.8 billion investment in Juul Labs for a stake of 35% in the e-cigarette company. At a valuation of $38 billion, Juul Labs becomes one of the most valuable private companies. According to the agreement, Juul Labs will operate as an independent company and get access to Altria’s retail shelf space, where it can market its products to Altria’s customers using its database.
On December 19, CNBC reported that Altria (MO) is on the verge of acquiring a 35% stake in the Juul Labs, an e-cigarette company, for $12.8 billion. The report stated that Altria’s board approved the investment and expects the formal announcement to be made before the market opens on December 20. At a valuation of $38 billion, Juul Labs is a valuable private company. The growing popularity of e-cigarettes had a negative impact on cigarette sales.
After several tireless days we have finished crunching the numbers from the more than 700 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms’ equity portfolios as of September 30. The results of that effort will be put on display in this […]
Today, Reuters reported that Credit Suisse downgraded Philip Morris International (PM) from “neutral” to “underperform” and lowered its price target to $74 from $92. The new price target represents a fall of 9.1% from the company’s December 17 closing price of $81.40. Among the 19 analysts who follow Philip Morris, 52.6% recommend a “buy,” 36.8% recommend a “hold,” and 10.5% recommend a “sell.” On average, analysts have given the stock a price target of $93.25, which represents an upside potential of 14.6% from its closing price on December 17.