BAT gets good news from fraud squad over Africa corruption probe
The Serious Fraud Office said it could not smoke out sufficient evidence
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 to start clinical trials on COVID-19 vaccine candidate
The plant-based jab is being developed by the firm's US biotech arm, Kentucky BioProcessing
British American Tobacco trims earnings guidance despite strong cigarette sales
The group committed to growing its dividend in sterling terms, supported by a liquidity position that remains strong
BAT grabs nicotine pouch maker Dryft to expand US 'modern oral' range
The pouches will be included under BAT’s VELO brand and will include a range of nicotine strengths and flavours
British American Tobacco appoints Luc Jobin as new chairman
Luc Jobin will replace Richard Burrows who is stepping down after the FTSE 100-listed firm's AGM next year
Imperial Brands and BAT could buy back whole market caps in 7-9 years
RBC Capital Markets has upgraded its ratings for both tobacco companies
British American Tobacco announces new president for US business Reynolds American
Ricardo Oberlander has stepped down to pursue other opportunities after three decades at the firm
British American Tobacco expects revenue growth despite global volume decline
The FTSE 100-listed cigarette maker said it remains committed to its 65% dividend pay-out ratio
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FTSE 100 closes underwater as PM 'squeezes brakes' on reopening, Wall Street wobbles
The index of UK blue-chip shares has dropped 92 points on Friday
BAT downgraded by Jefferies, while Imperial Brands gets price hike
Reports of the death of tobacco have been greatly exaggerated, the analysts believe
BAT initiated at ‘buy’ as Goldman says firm well-placed to emerge as industry leader
The bank said they expected BAT to “emerge a relative leader” in next generation products such as vapes and e-cigarettes, which in turn would drive growth
British American Tobacco sales hit by coronavirus lockdowns in emerging markets
South Africa is imposing a coronavirus-related tobacco sales ban, while lockdowns in Mexico and Argentina have lasted longer than expected
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FTSE 100 tanks over 2% as global economic cost of pandemic begins to sink in
Britain's benchmark index closed on Tuesday down over 136 points down, or 2.12%, at 6,335
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British American Tobacco and housebuilders in focus on Tuesday
It is likely to be a quiet day in terms of macroeconomic data
Tobacco dividends among “safest in the market” - analyst
Analysts at Deutsche Bank suggested that in coming weeks there may be political, ethical or even investor pressure for many companies “not to increase their dividends”
BAT begins development of potential coronavirus vaccine using tobacco plants
If testing goes well, the maker of Lucky Strike and Pall Mall cigarettes said it could manufacture between 1mln-3mln doses of the vaccine per week from June
British American Tobacco shares positive as financials land mostly ‘in-line’
Whether slightly above or slightly below, practically all BAT's key financial metrics were close or in-line with market expectations.
Archive
FTSE 100 plunges 3.5% as coronavirus stock chaos continues
"Stocks, the old saying has it, take the stairs up and the lift down, and this has been brutally demonstrated over the past week," said Chris Beauchamp, chief market analyst at IG
BAT upgraded as Morgan Stanley says risk from US regulation has “abated”
The bank said they saw “strong growth in the near term driven by strong pricing and ongoing cost savings”, however regulation could present risks further down the line
British American Tobacco says to comply with new US vaping regulations
The US Food and Drug Administration is tightening regulations around vaping to make it less appealing to kids