FTSE 100 closes lower as rising inflation and interest rates spook investors
The markets are trying to determine the next step for the Federal Reserve
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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British American Tobacco unfiltered on Friday
With inflation on the rise, BATS virtues as a classic defensive stock are being realised by those investors not put off by its line of business
British American Tobacco rhetoric surprises leading broker
Deutsche rates the shares a ‘buy’ up to £40, around 13% ahead of the market consensus
British American Tobacco: Who has the stomach for this bargain-bucket sin-stock?
Tobacco stocks split investor opinion, even when they're really 'cheap'.
As BAT puffs moves into cannabis products, does it know something we don't?
CEO Jack Bowles said cannabis-related products are likely to be part of the group’s future growth
BAT sees boom in new category revenues but margins slip
The cigarette maker said revenues from its new category products, which include glo, Vype and Velo, surged 50% in the first half amid a strong uptick in customers
British American Tobacco ups revenue forecast as non-tobacco products pick up
Currency movements will take off some of the gains due to the weak dollar
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FTSE 100 ends positive with coal miner Thungela Resources leading the way
The UK blue chip index ended in positive territory but US investors remain cautious
British American Tobacco to provide update in the shadow of vulture fund investor
Trading updates and results are also expected from Ferugson, OnTheMarket, Oxford Instruments and Paragon Banking
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BAT, SSP and Ted Baker among key names in coming week
There may also be interest in the macro diary with US inflation figures and UK GDP data due towards the end of the week
BAT and Imperial Brands ask court to stub out Malawi exploitation proceedings
The two tobacco giants are asking the High Court in London to strike out a case brought by thousands of tobacco tenant farmers, who allege that both of the companies are liable for negligence and have been unjustly enriched by systemic expl
No smoke without fire as vulture fund quietly builds stake in BATS and IMPS
Kenneth Dart has been quietly building stakes in Britain's two listed companies - both of them deeply unfashionable stocks.
BAT revenue growth comes in ahead of guidance despite pandemic disruption
The Pall Mall and Lucky Strike maker delivered revenue growth of 3.3% in 2020, above its guidance range of between 1-3%
Poundland owner Pepco Group to float on Warsaw Stock Exchange
The retailer will appoint Richard Burrows, current chair of cigarette giant British American Tobacco, as its new chair
Nicotine risks in price of BAT and Imperial Brands suggests Credit Suisse
The US generates c50% of BAT’s profits and c30% of IMB’s
BAT’s investment in heated tobacco products could slow down investors returns, warns JP Morgan
The bank said although medium-term gains from HTPs will mostly come from outside of BATs “key tobacco profit pools”, there were several near term risks including a weaker first half, disappointing share buybacks and a weaker than expected p
BAT’s cannabis moves under appreciated, says broker
Analysts at Jefferies said the company's 20% stake in Canadian cannabis group OGI could provide a “sizeable upside” if it gains a foothold in the US market
British American Tobacco helped by higher prices as volumes drop
Profits for the year to end-December rose by 10% to £8.7bn helped by £660mln of cost savings.
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BAT, Rio Tinto and Plus500 dominate Wednesday’s diary
The macro calendar will also draw some attention mid-week with UK inflation data expected alongside the latest minutes from the Federal Reserve
BAT appoints new operations director
Zafar Khan, currently in charge of operations for the cigarette maker’s vaping and other new categories, is being promoted to fill the role