London close: Stocks rise as BoE keeps rates on hold
21st Mar 2024 16:33
(Sharecast News) - London markets closed higher on Thursday, sustaining gains after the Bank of England adhered to expectations by maintaining interest rates at a 16-year high.
Read moreLondon close: Stocks rise as UK wage growth moderates
12th Mar 2024 16:17
(Sharecast News) - London markets closed with gains on Tuesday, buoyed by hopes for interest rate cuts following a modest increase in UK wage growth.
Read moreBAT considering partial sale of stake in India's ITC
12th Mar 2024 09:04
(Sharecast News) - British American Tobacco confirmed extensive media speculation around its holding of Indian tobacco firm ITC on Tuesday morning, announcing plans to sell more than 400 million ITC shares through its subsidiary Tobacco Manufacturers India (TMI).
Read moreDirector dealings: British American Tobacco non-executive director makes share purchase
21st Feb 2024 15:06
(Sharecast News) - British American Tobacco revealed on Wednesday that non-executive director Karen Guerra had acquired 4,150 ordinary shares in the FTSE 100-listed tobacco giant.
Read moreItalian watchdog fines BAT and Amazon combined €7m
14th Feb 2024 09:17
(Sharecast News) - British American Tobacco and Amazon have been fined a total of €7m by Italy's competition watchdog over "misleading" advertising.
Read moreLondon close: Stocks slip as US jobless claims fall
8th Feb 2024 14:42
(Sharecast News) - London markets experienced a downturn in trading on Thursday, with stocks relinquishing earlier gains as investors processed a decrease in jobless claims in the United States.
Read moreBritish American Tobacco swings to loss on US writedown
8th Feb 2024 08:01
(Sharecast News) - British American Tobacco said on Thursday that it swung to a full-year loss mainly due to an impairment charge related to its US business.
Read moreLondon close: Stocks mixed as US payrolls come in red-hot
2nd Feb 2024 16:59
(Sharecast News) - London's stock markets closed with mixed results on Friday, as investors were confronted by an unexpectedly strong US labour market as revealed in the latest US non-farm payrolls report.
Read moreBAT, Philip Morris settle patent infringement litigations over heated tobacco, vapour products
2nd Feb 2024 13:41
(Sharecast News) - British American Tobacco said on Friday that it has reached a global settlement with Philip Morris International to resolve all ongoing patent infringement litigations between the two related to its heated tobacco and vapour products.
Read moreLondon close: Stocks firmer as US payrolls beat forecasts
8th Dec 2023 17:42
(Sharecast News) - London's financial markets closed positively on Friday as investors digested the latest non-farm payrolls report out of the United States.
Read moreRBC Capital downgrades Imperial Brands, slashes price target
8th Dec 2023 07:17
(Sharecast News) - RBC Capital Markets downgraded Imperial Brands on Friday to 'sector perform' from 'outperform' and slashed the price target to 1,800 from 2,200p on the back of strong outperformance relative to British American Tobacco.
Read moreLondon close: Stocks rise as investors digest US jobs data
6th Dec 2023 15:15
(Sharecast News) - London's stock markets finished with a positive performance on Wednesday, with the FTSE 100 and FTSE 250 both closing in the green.
Read moreBAT takes £25bn impairment as it accelerates shift to smokeless future
6th Dec 2023 07:13
(Sharecast News) - Tobacco and nicotine giant British American Tobacco (BAT) has scaled back its expectations for organic growth this year and announced a massive £25bn impairment charge.
Read moreBAT to make further investment in Organigram, shares surge
6th Nov 2023 15:06
(Sharecast News) - Organigram shares surged on Monday after it said that British American Tobacco has agreed to invest a further CAD124.6m (£74m) into the business.
Read moreBAT poaches Diageo president to be new CFO
2nd Nov 2023 07:34
(Sharecast News) - Tobacco giant British American Tobacco said on Thursday that it is stealing back a BAT veteran from Diageo to serve as its new chief financial officer.
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