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Headlines Tagged with Investing 4,003 headlines found


BAT preliminary results 2014: Interview with Nicandro Durante, CEO, and Ben Stevens, FD (PDF)

I have not seen an increase in the numbers of excise shocks across the world in the last couple of years. If anything, we have less excise shocks now than we had in the past. The issue that we face is that excise shocks are happening in the biggest
added Feb 26, 2015 08:25

[UK] BAT Concerned by Currency Volatility as Annual Earnings Drop

Currency movements will have “a significant impact on both a transactional and translational level,” Chief Executive Officer Nicandro Durante said Thursday, adding that business conditions will remain difficult in 2015. “FX isn’t doing them any favors and
Bloomberg News
added Feb 26, 2015 08:10

British American Tobacco Profit Drops Amid Adverse Currency

Richard Burrows, chairman, said, "The Group continued to perform extremely well despite challenging trading conditions. We grew revenue and profit at constant rates of exchange and we increased our market share. Although significant exchange rate movemen
added Feb 26, 2015 08:05

[UK] British American Tobacco 2014 Profit Drops As Revenue Hit By Sterling

reported a drop in 2014 profit in both current currency rates and at constant rates, while revenue grew at constant exchange rates, but was hit at the reported rate by the strength of sterling.
Life Style Extra (uk)
added Feb 26, 2015 08:02

[Florida] Tobacco Settlement Eases Industry Litigation Concern

The settlement of more than 400 lawsuits in U.S. federal courts filed by Florida smokers, the Engle Progeny cases, resolves some uncertainty in extensive litigation pending against the major cigarette companies
Fitch Ratings
added Feb 25, 2015 16:51

[Florida] Philip Morris, Reynolds and Lorillard Settle Federal Engle Cases

Herzog estimated the various tobacco companies have had an approximately 50% success rate in Engle cases over the past several years. “We view this is a favorable conclusion for all three to a substantial outstanding legal battle,” she said. “While no i
Convenience Store/Petroleum (CSPNet)
added Feb 25, 2015 16:43

Ask Matt: Should I invest in tobacco?

Analysts have an 18-month price target on shares of Reynolds, which is about 5% lower than current levels. And the stock is a lukewarm “neutral,” says New Constructs, which measures the value of stocks based on their expected cash flows.
USA Today
added Feb 25, 2015 13:16

Altria Declares Regular Quarterly Dividend of $0.52 per Common Share

its Board of Directors declared a regular quarterly dividend of $0.52 per common share, payable on April 10, 2015, to shareholders of record as of March 16, 2015. The ex-dividend date is March 12, 2015.
Altria Group, Inc.
added Feb 25, 2015 13:16

BAT eyes improving volumes, sees Russia setback

EARNINGS FORECAST: Net income of 3.76 billion pounds ($5.83 billion) is the consensus forecast of six analysts from a survey by Dow Jones Newswires, compared with GBP3.90 billion reported a year earlier.
CBS MarketWatch
added Feb 25, 2015 13:15

3 Reasons Why Tobacco Is the Most ‘Successful’ Industry in History

First, there was the bad news. John Oliver skewered the industry for its litigation frenzy in his popular show last week. Then came the good news. According to a Credit Suisse research report released last week, tobacco is America’s most successful indu
Wall St. Cheat Sheet
added Feb 21, 2015 10:16
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