BAT to axe 2,300 senior jobs; focus on new products
12th Sep 2019 07:06
(Sharecast News) - British American Tobacco said it was axing 2,300 management jobs as it looked to simplify its structure and reinvest the savings in developing new products such as vapour, tobacco heating and oral tobacco.
Read moreBritish American Tobacco reassures over vaping products
9th Sep 2019 14:46
(Sharecast News) - British American Tobacco issued a statement on Monday insisting that its vaping products do not contain vitamin E acetate or tetrahydrocannabinol (THC), both of which have been linked to respiratory illnesses associated with vaping.
Read moreWednesday broker round-up
28th Aug 2019 12:43
(Sharecast News) - Greggs: UBS upgrades to buy with a target price of 2,300p.
Read moreImperial Brands, BAT hit by potential Altria tie-up with Philip Morris
28th Aug 2019 08:45
(Sharecast News) - Shares of Imperial Brands and British American Tobacco were under pressure on Wednesday following news a day earlier that US tobacco rivals Philip Morris and Altria are in merger talks.
Read moreImperial Brands, BAT hit by potential Altria tie-up with Philip Morris
28th Aug 2019 08:45
(Sharecast News) - Shares of Imperial Brands and British American Tobacco were under pressure on Wednesday following news a day earlier that US tobacco rivals Philip Morris and Altria are in merger talks.
Read moreTuesday broker round-up
18th Jun 2019 13:58
(Sharecast News) - Acacia Mining: Berenberg upgrades to hold with a target price of 224p.
Read moreMorgan Stanley turns 'incrementally more bearish' on British American Tobacco
17th Jun 2019 10:57
(Sharecast News) - Analysts at Morgan Stanley downgraded industry giant British American Tobacco to 'underweight' on Sunday, noting that, in its view, the threat of a "maximum nicotine policy" in the US had not been reflected in the group's share price.
Read moreThursday broker round-up
13th Jun 2019 13:08
(Sharecast News) - Domino's Pizza Group: Peel Hunt upgrades to buy with a target price of 300p.
Read moreSector movers: Oil and tobacco stocks at the bottom of the pile
12th Jun 2019 19:58
(Sharecast News) - Companies in the oil patch were unwanted on Wednesday, after US government data showed an unexpected rise in the country's oil inventories and trade uncertainty weighed on the entire complex.
Read moreBAT sees full year driven by strong vaping sales
12th Jun 2019 07:10
(Sharecast News) - British American Tobacco on Wednesday said new product sales would accelerate in the second half as traditional cigarettes become less popular, adding that it was consolidating brands.
Read moreSector movers: Investors in 'defensives' breathing easier, at least for now
6th Jun 2019 22:15
(Sharecast News) - Defensive issues led the way higher on Thursday despite it being an up day for FTSE 350 stocks, possibly denoting underlying caution on the part of investors.
Read moreLondon close: Shares extend gains with central banks and trade in focus
6th Jun 2019 17:15
(Sharecast News) - London stocks extended their gains amid slight optimism on global trade even as the European Central Bank warned of the impact that trade protectionism might have, saying that rate-setters in Frankfurt had discussed various contingency plans, including the possible re-start of its quantitative easing programme.
Read moreTuesday broker round-up
30th Apr 2019 13:23
(Sharecast News) - Nexus: Numis downgrades to add with a target price of 165p.
Read moreClassic cigarettes remain core to British American Tobacco earnings growth in 2019
25th Apr 2019 13:54
(Sharecast News) - British American Tobacco described itself as being in "good shape" on Thursday, as investors gathered for its annual general meeting, explaining that its focus on a multicategory approach was enabling the company to delivery shareholder returns, and invest in its future.
Read moreDirector dealings: British American Tobacco execs lower stakes
3rd Apr 2019 16:33
(Sharecast News) - British American Tobacco's outgoing chief executive Nicandro Durante disposed of some shares in the FTSE 100 constituent on Wednesday in order to cover the tax liability resulting from the 29,690 shares which vested as part of the company's 2016 deferred share bonus scheme.
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