British American Tobacco PLC

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Market Cap:
£67.92 billion
52 weeks high
52 weeks low

Viewing results 1-25 of 80


Volatility is back! But who are the winners and the losers in an unpredictable market?

The big stock exchanges are even more erratic than Donald Trump on Twitter…...

1 week, 3 days ago
Retail & consumer

Morgan Stanley warns potential law changes could stub out half of British American Tobacco's US profits

US regulators are due to propose new laws later this year aimed at reducing the amount of nicotine in cigarettes, which would likely have a big effect on BAT’s profits...

on 17/6/19
Retail & consumer

British American Tobacco on track to meet full-year expectations

The FTSE 100-listed firm's full-year revenue on a constant currency basis is expected to meet the mid-upper half of the group's long-term guidance for growth of 3% to 5%...

on 12/6/19

Intu turns to former Crest Nicholson man to fill CFO role

Robert Allen left Crest Nicholson last year when the housebuilder issued a profit warning. ...

on 4/6/19

High FTSE yields point to 'dividend slaves' that may cut payouts

Grace Jones' Slave to the Rhythm might well have been about the pressure of a progressive dividend policy: 'Build on up, don't break the chain; Sparks will fly when the whistle blows'...

on 16/5/19
Retail & consumer

Are tobacco and supermarket stocks not the “safe harbour” investments they once were?

Most safe harbour stocks have been confined to a select group of market sectors that include tobacco and food retailers, although enthusiasm seems to be waning for these once dependable stocks...

on 1/4/19
Retail & consumer

Imperial Brands and BAT find gains as Citi upgrades both UK tobacco groups to ‘buy’ from ‘hold’

The Citi analysts said: “We expect organic growth will pick up this year as NGPs sales accelerate and we think the regulatory threat will probably move away from cigarettes”...

on 28/3/19
Retail & consumer

British American Tobacco’s Canadian subsidiary granted creditor protection

The protection means ITCAN won’t have to pay out any of the billions of dollars of damages awarded to a group of Quebec smokers for the time being...

on 13/3/19
Retail & consumer

Shares in BAT and Imperial Brands light up as industry opponent quits the FDA

During his time at the regulator, chief commissioner Scott Gottlieb has served as a thorn in the side of big tobacco, having previously led efforts to ban menthol cigarettes and curb e-cigarette use among teenagers...

on 6/3/19
Retail & consumer

BAT to make around £436mln provision after Quebec court upheld 2015 decision against Canadian unit

As part of the 2015 decision, ITCAN was required to place C$758mln (approximately £436mln) in escrow and BAT said its board have determined that that asset's recoverability is "less than virtually certain” ...

on 5/3/19
Retail & consumer

BAT says “extremely disappointed” Quebec class action lawsuit judgment against Canadian subsidiary not overturned

A spokesperson for BAT said: “We are still of the view that this decision is wrong - ignoring the reality that both adult consumers and government have known about the risk associated with smoking for decades" ...

on 4/3/19
Retail & consumer

BAT posts solid 2018 results but US regulation, Canada class action appeal a drag

For the full year ended 31 December 2018, the FTSE 100-listed firm saw its adjusted operating profit rise by 4% on a constant currency basis to £10.34bn...

on 28/2/19
Retail & consumer

BAT shares rally, lifted by Piper Jaffray rating upgrade to 'overweight' from ‘neutral’

The US broker maintained its 3,000p target on BAT, with the shares currently trading at 2,4870, up 4.7% on Monday’s close, and said valuation appeared "attractive" at current levels...

on 29/1/19

The FTSE 100 survivors and thrivers: Who has stayed on top among the blue-chips?

Since its foundation in 1984, the FTSE 100 has become one of the key barometers of the British economy, however the makeup of its constituent companies is far from the same...

on 22/1/19

Lloyds and RBS drive FTSE 350 dividends to another record year, but is this trend sustainable?

High yields are often viewed as a warning that a company’s dividend is too high to maintain, but a new study thinks the issue lies with the value of unloved UK stocks and not their pay-outs...

on 22/1/19
Retail & consumer

Stubbed out: Cowen cuts ratings for cigarette makers BAT, Imperial Brands, Altria in global sector review

Cowen’s analysts said the downgrades come as they “grow increasingly cautious on the outlook for combustible cigarettes in the US”...

on 7/1/19
Industry & services

A fifth of FTSE 100 firms set to lose CEOs to retirement when Britain adjusts to life after Brexit

Rico Back, 64, is the oldest chief executive on the FTSE 100 after joining Royal Mail in early 2018...

on 31/12/18
Retail & consumer

British American Tobacco maintains annual earnings guidance

The maker of Lucky Strike cigarettes said its US business was performing well with volumes in line with expectations...

on 12/12/18
Retail & consumer

Jefferies thinks US menthol cig ban is unlikely; reiterates blockbuster £50 price target for BATS

BATS shares have been hammered over the past year, part of which is down to threats from the FDA that it will look to ban flavoured cigarettes...

on 29/11/18

Barclays and BP dividends boost total UK payouts in third quarter, investment report reveals

Barclays was the biggest contributor to dividends in the banking sector, while the quarter also saw the first declared increased from BP since 2014 in US dollar terms...

on 19/11/18
Retail & consumer

£8bn wiped from British American Tobacco’s market cap on reports FDA might ban menthol cigarettes

Citing unnamed sources, the Wall Street Journal has claimed that FDA commissioner Scott Gottlieb wants to crack down on menthol cigarettes due to their popularity with young people...

on 12/11/18
Retail & consumer

British American Tobacco cuts full year revenue target for cigarette alternatives

The maker of Lucky Strike and Dunhill cigarettes also warned that currency fluctuations would drag on full-year earnings ...

on 16/10/18
Retail & consumer

London’s tobacco stocks puff higher as vaping firm Juul gets surprise raid from US FDA

Analysts reckon any ban or restriction on vaping in the US will benefit the likes of BATS and Imperial Brands, even though both have a small presence in the sector...

on 5/10/18
Industry & services

New twist in e-cigarette saga as start-up Juul gets surprise raid from FDA

The raid today took Juul by surprise at its headquarters in San Francisco....

on 2/10/18
Retail & consumer

BAT names Jack Bowles, chief operating officer of its international business to succeed Nicandro Durante as CEO

The FTSE 100-listed firm said Bowles will become CEO Designate on November 1 and will join the board on 1 January 2019...

on 25/9/18