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Headlines Tagged with Investing 3,672 headlines found


[UK] Sales light up at Big Four cigarette maker British American Tobacco but profits fall in mixed results

Turnover at the Pall Mall and Dunhill maker was up by 4.2 per cent reaching £6.7bn in the six months to 30 June. However, adjusted profit from operations were down 2.2 per cent, reaching £2.5bn, while operating profit dipped 5.7 per cent to £2.2bn.
City A.M. (uk)
added Jul 29, 2016 18:32

British American Tobacco Beats First-Half Expectations

The company saw a greater than expected increase in reported earnings per share and the group also saw strong revenue growth, volume growth and gained market share. Management attributed the strong performance to good organic growth, higher cigarette pri
added Jul 28, 2016 17:50
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British American Tobacco sales rise

reported higher half-year sales compared with the previous six months on Thursday, helped by volume increases...said sales rose 6 percent in the half year to 30 June, excluding currency fluctuations, acquisitions and divestitures. The increase was also dr
added Jul 28, 2016 16:21

Vector Group Reports Second Quarter 2016 Financial Results

Second quarter 2016 revenues were $438.3 million, compared to revenues of $416.2 million in the second quarter of 2015. The Company recorded operating income of $70.7 million in the second quarter of 2016, compared to operating income of $55.8 million in
Business Wire
added Jul 28, 2016 16:19

Half-year report to 30 June 2016

Group revenue was up 7.8% at constant rates of exchange, or 6.0% on an organic basis, driven by a strong volume performance and good pricing. Reported revenue was 4.2% higher than the same period last year, reflecting the continued adverse translational
British American Tobacco (BAT)
added Jul 28, 2016 16:16

BAT Interim Results 2016 - Interview With CEO and FD

In a video interview Nicandro Durante, CEO, and Ben Stevens, FD, discuss the company's strong performance, in spite of adverse currency fluctuations, and the outlook for the full year. The interviews and transcripts are available now on http://video.m
PR Newswire
added Jul 28, 2016 16:14

[Malaysia] BAT Share Price Falls 11% After Dismal 2Q Results

Investors dumped British American Tobacco (M) Bhd’s (BAT) stocks yesterday after its second-quarter (2Q) earnings slumped by more than half as volume dropped and smokers found comfort in cheaper illicit cigarettes.
The Malaysian Reserve (my)
added Jul 28, 2016 13:27

6 Retail Tobacco Insights From Wells Fargo’s ‘Tobacco Talk’ Survey

Reynolds is the biggest winner in shelf-space allocations; ITG loses ground. / Retailers anticipate negative impact from stricter minimum-age laws / Overarching sentiment on the e-cig category remains largely negative, with the exception of major playe
Convenience Store/Petroleum (CSPNet)
added Jul 27, 2016 21:44

Altria's revenue falls as cigarette shipments dip

Altria Group Inc. on Wednesday reported that revenue fell as the tobacco company saw its cigarette shipments decline, but profit increased and the company raised its guidance for the year. Altria also said Wednesday that it expects higher proceeds based
CBS MarketWatch
added Jul 27, 2016 18:52

Cigarette Shipments Fell 3.9% in Second Quarter, Reynolds Says

said the industry’s domestic cigarette shipments declined almost 4 percent percent in the second quarter from the year-ago period. The shipments, which determine the payouts that states used to repay about $33 billion of tobacco bonds, were knocked by cha
Bloomberg News
added Jul 27, 2016 18:50
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