UPDATE: BAT Results Beat Hopes, Forecasts Strong Year
28th Jul 2010 08:36
(Adds comment from management) By Michael Carolan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--British American Tobacco PLC (BATS.LN), the world's second biggest-tobacco group by sales, Wednesday beat expectations with its first-half results and forecast another year of good growth in both
Read moreMARKET TALK: British American Tobacco 1H Looks Good - Trader
28th Jul 2010 07:36
0636 GMT [Dow Jones] British American Tobacco's (BATS.LN) 1H numbers look good, says a trader. Notes volumes are flat, having been down 1% in 1Q. Says EPS of 87.1p is bang in line with his expectations. Says the results imply "FY numbers look very safe at worst." Shares closed Tuesday at 2259p. (mic
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
28th Jul 2010 07:36
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0636 GMT [Dow Jones] British American Tobacco's (BATS.LN) 1H numbers look good, says a trader. Notes volumes are flat, having
Read moreLondon pre-open: Solid start expected
28th Jul 2010 07:34
Traders expect London's blue chips to open around 16 points higher Wednesday morning on another busy day for company results. Centrica is heading for more controversy over energy prices after the British Gas owner's underlying interim profits jumped 65%. Earnings in the half-year to June rose by 65
Read moreBritish American Tobacco 1H Beats Hopes, Forecasts Strong Year
28th Jul 2010 07:13
By Michael Carolan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--British American Tobacco PLC (BATS.LN) Wednesday beat expectations with its first-half results and forecast another year of good growth in both profit and dividends. The London-based tobacco company said its sales increased to
Read moreBATs sees growth in 2010, ups divi
28th Jul 2010 06:51
British American Tobacco upped its dividend by a better than forecast 19% and said it expect another year of good growth in both earnings and dividends. The tobacco firm upped the dividend from 27.9p last year to 33.2p at the interim stage. Broker Charles Stanley expected a rise to 33.1p. Pre-tax
Read moreWednesday preview: Centrica, BATs, Compass
27th Jul 2010 15:58
It's another busy day for results on Wednesday with Footsie stalwarts BG Group, BATs, Compass, Invensys, Rexam, Rolls-Royce, Sage and Centrica all fighting for attention. Centrica, which trades under the British Gas and Scottish Gas brands, is expected to have benefitted from a chilly winter in th
Read moreEARNINGS FORECAST TABLE: British American Tobacco 1H 2010
23rd Jul 2010 13:54
FRANKFURT (Dow Jones)--The following is a summary of analysts' forecasts for British American Tobacco plc's (BTI) first-half results, based on a poll of 5 analysts by Dow Jones Newswires (in million GBP, EPS, dividend and target price in pence, according to IFRS). Earnings figures are scheduled to b
Read moreADR Report: Shares Close Mixed After Late Bank, BP Rally
15th Jul 2010 22:26
By Emily Glazer Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York had a mixed close Thursday as stocks pared losses while financials recovered ground. Financial stocks, which are particularly susceptible to economic headwinds, fell for much of the s
Read moreUPDATE: EU,BAT Sign Accord To Fight Illegal Tobacco Trade
15th Jul 2010 15:56
(Adds details) By Alessandro Torello and David Tidmarsh Of DOW JONES NEWSWIRES BRUSSELS (Dow Jones)--The European Commission and British American Tobacco PLC (BTI) signed an agreement Thursday aimed at tackling the illegal tobacco trade, which costs the European Union an estimated EUR10
Read moreDSG International, John Lewis Bond, Tender Offers Continue Trend
15th Jul 2010 11:39
LONDON (Dow Jones)--Electrical and computing retailer DSG International PLC (DSGI.LN) announced Thursday an offer to buy back existing bonds and planned a new five-year issue, continuing the recent trend of companies looking to extend their debt maturities. U.K. retailer John Lewis PLC is also p
Read moreBritish Am. Tobacco Inks Pact With EU To Tackle Illicit Tobacco Trade
15th Jul 2010 11:33
LONDON (Dow Jones)--British American Tobacco PLC (BATS.LN) said Thursday that it has entered into a cooperation agreement with the European Commission and the Member States of the European Union to collectively tackle the problem of illicit trade in tobacco. MAIN FACTS: -Under the agreement,
Read moreEU, BAT Sign Accord To Fight Illegal Tobacco Trade
15th Jul 2010 11:23
BRUSSELS (Dow Jones)--The European Commission and British American Tobacco PLC (BTI) signed an agreement Thursday aimed at tackling the illegal tobacco trade, which costs the European Union an estimated EUR10 billion annually in unpaid taxes. "Under the legally-binding agreement, BAT will work w
Read moreLondon close: Triple digit gains
13th Jul 2010 16:31
Footsie's gains exceeded the triple-digit level at trading's close after optimism engendered by an upbeat start to the US results season. Aluminium giant Alcoa posted profits ahead of expectations last night. Here, product testing company Intertek is benefitting from Merrill Lynch lifting its pric
Read moreLondon afternoon: Good start to US results season lifts UK
13th Jul 2010 14:30
Footsie has risen steadily throughout the day, riding a wave of optimism after aluminium giant Alcoa got the second quarter results season in the US off to a strong start, while Merrill Lynch further aided sentiment by talking down the chances of the global economy experiencing a double-dip recessio
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