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Big Tobacco smoked after FDA takes aim on cigarette nicotine levels

slumped in heavy volumes on Friday after the U.S. Food and Drug Administration said that it was seeking to reduce nicotine levels in cigarettes. British American Tobacco shares, trading close to all-time highs, fell as much as 11 percent and were on trac
Reuters
added Jul 28, 2017 18:04
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Cigarette stocks slump, earnings see FTSE 100 mark worst week in a month

Shares in British American Tobacco sank as much as 13.7 percent, though recovered to end 6.8 percent lower, after the U.S. Food and Drug Administration said it aimed to cut nicotine in cigarettes to non-addictive levels. Shares in BAT's peer Imperial Br
Reuters
added Jul 28, 2017 18:03
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US considers plan to cap nicotine levels in cigarettes

The US is considering capping the amount of nicotine allowed in cigarettes at a level that is not addictive, in a move that could strike a serious blow to the business model of big tobacco. Shares in tobacco stocks tumbled on Friday after the unexpected
Financial Times (uk)
added Jul 28, 2017 17:42
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[UK] British American Tobacco is lit ahead of smoking second half

Fresh from completing the massive acquisition of US rival Reynolds earlier in the week, British American Tobacco announced a solid set of first-half numbers, made to look even nicer thanks to strong currency tailwinds. The cigarette maker, which snapped
Digital Look (uk)
added Jul 27, 2017 15:33
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BRIEF-Moody's says price hikes and cost cuts light a stable fire for European tobacco sector's outlook

* Moody's: price hikes and cost cuts light a stable fire for european tobacco sector's outlook * Moody's says price hikes combined with stronger product mix and cost cuts will help European tobacco Co grow operating profits at 5.0 pct - 6.0 pct over nex
Reuters
added Jul 26, 2017 14:51
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Here's What to Expect From Altria Group on Thursday

What's more important for investors to look at is how Altria intends to move forward with its big-picture strategic plan, which advocates a balanced approach toward its legacy traditional cigarette and smokeless tobacco business as well as taking advantag
Motley Fool
added Jul 24, 2017 22:11
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[UK] Ethical funds show that doing good CAN be profitable as they beat rivals by backing firms loved by millennials

The FTSE All-Share Tobacco index, which tracks the progress of tobacco companies, has shot up 163 per cent over the past decade. The share price of British American Tobacco has risen 223 per cent from 1698p to 5485p since the ban while Imperial Brands
The Daily Mail and Mail on Sunday (uk)
added Jul 24, 2017 15:57
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Philip Morris’ IQOS: Korea, Czech, Greece Get ‘Hot’ Tobacco

Tobacco giant Philip Morris reported a lousy quarter, but it did make inroads in international markets where it is promoting a new smokeless electronic device that heats tobacco.
Barron's
added Jul 21, 2017 05:18
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The Next Gold Rush is Green / OilPrice.com News Commentary

As the green rush picks up pace, there will undoubtedly be growth in this market and large gains for those who find themselves at the front. The tobacco products of 22nd Century Group, Inc provides the diversification that many investors require when ent
PR Newswire
added Jul 20, 2017 18:46
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[North Carolina] Reynolds shareholders, analysts remain optimistic about sale to BAT

British American Tobacco says it plans to keep Reynolds American’s headquarters in Winston-Salem. The deal becomes final Tuesday. Virgil and Lucy Goode came to Winston-Salem on Wednesday to witness the end of one tobacco industry era and the dawning of
Winston-Salem (NC) Journal
added Jul 20, 2017 18:40
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