63.83 -0.45 (-0.70%)
Pre-Market: 5:27AM EDT
|Bid||63.94 x 200|
|Ask||63.96 x 900|
|Day's Range||64.02 - 64.60|
|52 Week Range||52.71 - 73.41|
|PE Ratio (TTM)||21.98|
|Forward Dividend & Yield||2.22 (3.46%)|
|1y Target Est||N/A|
Philip Morris is pledging $1B to end traditional smoking. The company will donate $80M a year, for 12 years, towards the Foundation for a smoke-free world. Yahoo Finance’s Alexis Christoforous and Rick Newman figure out why Philip Morris is making this move.
Oct 23 (Reuters) - British American Tobacco Malaysia Bhd : * Qtrly net profit 143.2 million RGT * Qtrly revenue 757.3 million RGT * Year ago qtrly net profit 212.6 million RGT; year ago qtrly revenue ...
Today we’re going to take a look at the well-established British American Tobacco plc (LSE:BATS). The company’s stock received a lot of attention from a substantial price movement on theRead More...
Rating Action: Moody's upgrades $356.1 million of Tobacco Asset-Backed Bonds and downgrades an additional $87.2 million. Global Credit Research- 10 Oct 2017. New York, October 10, 2017-- Moody's Investors ...
(This October 9 story corrects to remove reference to Magellan Asset Management short position on Tesco. Magellan has a 3.41 percent stake in Tesco) By Helen Reid LONDON (Reuters) - Britain's major share ...
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to British American Tobacco plc Here are 5 ETFs with the largest exposure to BTI-US. Comparing the performance and risk of British American Tobacco plc with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower ... Read more (Read more...)
Winston-Salem-based Reynolds American, which is owned by British American Tobacco , and other cigarette makers including Richmond, Va.-based Altria will soon begin running a series of court-mandated corrective advertisements on television and newspapers to send the message that smoking kills and that they intentionally made cigarettes more addictive. According to the Wall Street Journal, companies including Reynolds and Altria (MO) are planning to spend millions of dollars on the advertisements to settle a lawsuit brought nearly two decades ago by the U.S. Department of Justice over misleading statements the industry made about cigarettes and their health effects.
Altria and British American Tobacco are set to begin running court-mandated TV and newspaper ads with messages about how deadly smoking is and how addictive cigarettes are.
British American Tobacco Plc’s unit in Sri Lanka says it’s poised to lose its dominant position in the market to leaf-rolled cigars made by small local rivals.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing British American Tobacco plc with the following peers – Altria Group, Inc., Philip Morris International Inc., Imperial Brands PLC Sponsored ADR and Vector Group Ltd. (MO-US, PM-US, IMBBY-US and VGR-US). British American Tobacco plc’s dividend yield is 3.56 percent and its dividend payout is 32.43 ... Read more (Read more...)
Philip Morris will avoid the problems faced by companies who have built their future on the U.S. market. Witness how, when the FDA made a formal announcement of its intent to lower nicotine levels in cigarettes to a non-addictive level, shares of tobacco stocks with U.S. exposure plummeted. Since the announcement, Altria Group Inc (NYSE:MO) is down over 12%, and British American Tobacco PLC (ADR) (NYSE:BTI), which recently completed its acquisition of Reynolds American has been similarly hit hard, down double-digits as well.
Tobacco stocks are facing declining cigarette volumes amid increasing government restrictions and declining smoking rates. Nevertheless, these stocks can prove to be a boon for investors.
British American Tobacco has reorganized its regional management structure to integrate its vaping products with its core business, in a push by the world’s biggest listed tobacco company to help cigarette alternatives go mainstream. The move, announced on Thursday, follows the company’s $49 billion takeover of U.S. peer Reynolds American, which added Camel cigarettes and Vuse e-cigarettes to a BAT portfolio that includes Lucky Strike cigarettes, Vype e-cigarettes and the glo tobacco-heating device.
The last three months have been painful for cigarette makers like Altria (MO), British American Tobacco (BTI) and Philip Morris International (PM), but only Altria might deserve the pain, according to ...
The Food and Drug Administration’s decision to reduce nicotine in cigarettes is an issue that isn’t likely to go away any time soon, so Morgan Stanley’s Matthew Grainger and his team are out with a take on the tobacco sector Wednesday, to adjust for this new normal. Grainger writes that the U.S. and European stocks he covers are down some 8% since the FDA made its announcement, but that the impact has been disproportionate, hurting Altria (MO) and British American Tobacco (BTI and BATS.UK) especially, given their exposure to the U.S. market, with less pain for Philip Morris (PM) and Imperial Brands (IMBBY and IMB.UK).
Japan's leading cigarette company has bought big cigarette players in Indonesia and the Philippines. But it would be better off burning its cash in other ways.