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Headlines Tagged with BAT 7,403 headlines found


[Canada] Why Quebec ruling is a headache for big tobacco

Says Moody's: We regard the announcement as credit negative for BAT, PMI and Japan Tobacco as it points to an increased litigation risk for the industry in Canada with the total award of CAD$15.6 billion being the largest in Canadian history. As a resul
Financial Times (uk)
added Jun 3, 2015 17:19

[Canada, UK] Philip Morris: A New Challenge Emerges

cigarettes are already extensively taxed worldwide, with the rationale usually being to cover the health care costs. While there is obviously some tail risk, Philip Morris offers more than enough of a reward via its 5% dividend yield.
Seeking Alpha blog network
added Jun 3, 2015 17:14

[Canada] BAT claims 'strong ground' for appealling £5.5bn Canadian class action

in a statement on Tuesday morning, British American Tobacco said: "There are strong legal grounds with which to challenge both the overall judgement, and to seek a stay of the provisional execution order, which Imperial Tobacco Canada will do within 30 da
Electronic Telegraph (uk)
added Jun 3, 2015 10:47

Illegal tobacco trade

Our video portrays a fictional tobacco conglomerate - International Tobacco Smugglers Inc., which profiles the criminal supply chain... We see it as vitally important that governments establish workable tax regimes and economic policies that do not crea
British American Tobacco (BAT)
added Jun 2, 2015 23:51

British American Tobacco calls for greater understanding of the illegal tobacco trade for World No Tobacco Day 2015

is reiterating the need for greater understanding of the illegal tobacco trade, the criminals behind it and the need for greater cooperation and collaboration to fight it. This call to action launches as part of a new campaign, developed by British Americ
British American Tobacco (BAT)
added Jun 2, 2015 23:46

[Croatia] British American Tobacco to acquire TDR

British American Tobacco ("BAT") has signed an agreement to acquire TDR d.o.o. and other tobacco and retail assets ("TDR") from Adris Grupa d.d. ("Adris") for a total enterprise value of €550 million. TDR is the leading independent cigarette manufa
British American Tobacco (BAT)
added Jun 2, 2015 23:46

[Asia, Namibia, Solomon Islands, Togo] WikiLeaks Launches Campaign to Offer $100,000 "Bounty" for Leaked Drafts of Secret TPP Chapters

JOHN's not just Togo. Two tobacco companies sued Australia in its highest court. Philip Morris International is currently suing Uruguay. British American Tobacco sent a similar letter to Namibia, ... the Solomon Islands.
Democracy Now!
added Jun 2, 2015 22:16

[Canada, UK] BATS earnings face 7% fall from Canadian lawsuit but full penalty unlikely, says Nomura

Nomura said BATS has the most to lose, although it's unlikely the full payment will be made."If the full payment needs to be made, there is the possibility that it bankrupts all of the tobacco majors... Nomura estimates that Canada makes up around 7% of B
added Jun 2, 2015 22:05

[Canada, UK] BAT facing £5.5bn fine for treating health concerns over smoking as 'non-issue'

British American Tobacco’s Canadian arm treated health concerns around smoking as a ‘non-issue’ when selling its products, Quebec’s Superior Court said yesterday. The division – which is called Imperial Tobacco Canada, not to be confused with UK-listed c
This is Money (uk)
added Jun 2, 2015 21:43

[Canada, UK] With BAT hit with a £5.5bn fine, is now the time to stub out tobacco shares?

Some 148 of the funds available to UK investors have BAT in their ten biggest investments, while 121 have large amounts of cash in Imperial Tobacco. The Woodford Equity Income Fund, run by Neil Woodford, has 16 per cent of its money in tobacco firms incl
This is Money (uk)
added Jun 2, 2015 21:41
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