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
Company
British American Tobacco PLC
LON:BATS
British American Tobacco is the world’s second largest quoted tobacco group by global market share, with brands sold in more than 180 markets.
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High street updates, US jobs, UK PMIs to provide focus after New Year holidays
There will be some key data from the US and UK at the start of the new year, and Christmas retail trading news will be a dominant focus notably from Next PLC
FTSE 100 closes in the red as Federal Reserve's rate hike creates jitters
"Investors aren’t willing to forgive Fed Chair Jeremy Powell yet; a soft open on Wall Street threatens to drag the FTSE lower into the close," said Fiona Cincotta at City Index
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
FTSE 100 closes higher on speculation Prime Minister May will survive Brexit-related no-confidence vote
The benchmark index also gets a boost from optimism over US-China trade talks
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Stricter regulation and margin hit from e-cigarette switch to weigh on BAT trading update
Aside from the blue-chip tobacco firm, the day ahead will also bring updates from retailers Dixons Carphone and Superdry, plus US inflation numbers
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All eyes on UK parliament as Brexit deal circus reaches final act
Aside from the crucial Brexit vote, the Week Ahead will also bring UK labour market data, an ECB council meetings and updates from TUI, WPP, Dixons Carphone, Superdry, Ocado and BAT
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
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
£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
FTSE 100 closes lower as political worries and trade fears put investors off
On Wall Street, the Dow Jones Industrial Average is down over 423 points at 25,565, while the S&P 500 is off around 37
FTSE 100 closes with strong gains but Budget provides little impetus for enthusiasm
The FTSE 100 closed strongly as it joined a global rebound off last weeks volatility, however the latest Budget did little to help matters along
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
Investments and investor services
FTSE 100 closes firmly lower as trade fears, bond yields and sterling rise creates perfect storm
The Footsie closed down nearly 92 points at 7,418, while the other major European benchmarks were also lower.
Investments and investor services
DFS Furniture set to release full year results, have investors already heard the worst?
DFS and Electrocomponents are set to be among Thursday's highlights.
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.
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Jack’s store roll-out in focus as Tesco reports first half results
The week ahead includes Tesco interims, full-year earnings from DFS Furniture and Ferguson, an Electrocomponents trading update and the US non-farm payrolls report
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
BAT confirms CEO Nicandro Durante intends to retire on 1 April 2019, says successor identified
The FTSE 100-listed firm said it has been considering successors for some time and, having reviewed a strong list of internal and external candidates over the past few months it has identified a lead candidate
Morgan Stanley initiates coverage of BAT and Imperial Brands as it signals sea change in tobacco industry
The US investment bank said that FDA regulations on nicotine content and increasing cigarette prices could accelerate declines in the combustibles market