Imperial Brands sinks as tobacco volumes lag, US vape category slows
Imperial said regulators were behind a slowdown in the vaping market in the US
Company
Imperial Brands PLC
LON:IMB
Imperial Brands is a leading international tobacco company, which manufactures, markets and sells a comprehensive range of cigarettes, tobaccos, rolling papers, filter tubes and cigars.
203 stories · page 6 of 11
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FTSE 100 closes higher as US president talks up trade deal
The UK index of leading shares closed up around ten points at 7,271, while the FTSE 250 added 66 points at 19,531
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ITV to take spotlight on Wednesday as updates arrive from several blue-chip firms
Tobacco firm Imperial Brands and insurer Direct Line are also scheduled to report at the mid-point of the week
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BT to take centre stage as it reports full year numbers with dividend in focus
The week ahead includes updates from BT Group, Superdry, Morrisons, ITV, IAG, Barratt Developments, Direct Line, RSA Insurance and Imperial Brands
Imperial Brands looking to sell its premium cigar business as part of ongoing divestment programme
The FTSE 100-listed tobacco firm said whilst various options are being evaluated “there can be no certainty that any transaction will take place or as to the terms of any such transaction”
Investments and investor services
FTSE 100 ends in positive territory, taking the cue from the Dow and data from China
"Equities have been relentlessly positive all day, with the session having started off on the front foot thanks to Chinese credit growth, which rose 10.7% over the year to hit a sum equivalent to 9% of the country’s GDP," said Chris Beaucha
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”
Imperial Brands upbeat on revenue outlook as myblu gains traction
Imperial has invested £100mln in myblu in recent months which has helped to drive growth in the US, Europe and Japan, although the investment will hold back first-half profits
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FTSE 100 ends near flat; Prime Minister May says she will resign once Brexit deal passed
Mrs May reportedly told MPs that she will resign before the next phase of the Brexit negotiations.
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Wednesday to bring news from house builders as Bellway reports interims
Big tobacco will also be making an appearance in the form of a trading update from Imperial Brands
Investments and investor services
FTSE 100 closes lower as Brexit fears permeate markets
The UK's premier share index closed down around 30 points at 7,177
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
FTSE 100 closes in the red as US stocks take a hit; Centrica tanks
Risers on the Footsie were outnumbered 3 to 1 by fallers
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Barclays to round off trio of UK banking results on Thursday
Barclays will be a highlight in Thursday's schedule.
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Banking results to flow faster, with Barclays, Lloyds, and HSBC all set to report 2018 numbers
Aside from the banking results, the week ahead will bring updates from other blue-chips firms such as BAE Systems, Anglo American, Pearson, and Reckitt Benckiser
Imperial Brands says has initiated search for a new non-executive chairman following recent investor unrest
Williamson, who also chairs FTSE 250 engineer Spectris PLC and is senior independent director at National Grid PLC, has been on the board of Imperial Brands since 2007
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FTSE 100 closes higher with gains across all major sectors
The UK index of leading shares finished over 107 points ahead at 6,941, while the FTSE 250 also closed strongly
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”
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FTSE 100 changes direction to close higher on first day of trading in 2019; Wall Street shares up
The FTSE 100 recovered in afternoon trading and closed up six points at 6,734
FTSE 100 closes firmly in the red as PM Theresa May says Brexit deal within grasp
The UK blue-chip benchmark closed down nearly 90 points at 6,960, while the FTSE 250 shed nearly 55 points