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British American Tobacco PLC

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  • Cuba struggles to attract investors despite reforms Thursday, 21 Aug 2014 | 1:04 PM ET

    HAVANA, Aug 21- Cuba has yet to attract new foreign investors despite launching two major initiatives in the past year, a sign of the lingering caution over doing business with the communist government and its own hesitancy to follow through on free-market-style reforms.

  • *U.S.- Russia ties soured by Ukraine crisis. MOSCOW, Russia, Aug 21- Russia said on Thursday it was investigating dozens of McDonald's restaurants, in what many businessmen said was retaliation for Western sanctions over Ukraine they fear could spread to other symbols of Western capitalism.

  • Aug 6- Apollo Global Management LLC said on Wednesday its second-quarter earnings fell 6 percent, missing most analysts' expectations, as it sold fewer of its private equity holdings while taxes and expenses rose. Blackstone Group LP, KKR& Co LP and Carlyle Group LP all posted bumper profits for the quarter.

  • *SABMiller shares down 2 pct; Rio Tinto shares flat. LONDON, Aug 6- Jan du Plessis is set to become chairman of two big global companies at the same time when he takes over the role at brewer SABMiller Plc next year in addition to his current position at Rio Tinto.

  • *H1 EPS 101.8 pence vs forecast 102 pence. LONDON, July 30- British American Tobacco reported lower revenue and profit for the six months ended June 30, hurt by the strong British pound and a slight decline in volume.

  • NEW YORK/ LONDON, July 15- When Imperial Tobacco Group Plc agreed Tuesday to buy a group of brands from Reynolds American Inc and Lorillard Inc as part of their merger, the British company insisted the assets include Lorillard's blu e-cigarette unit.

  • July 15- Reynolds American Inc's proposed $25 billion acquisition of smaller rival Lorillard Inc shows how the tobacco company is placing its bets on the market for menthols even as a growing number of smokers opt for e-cigarettes.

  • July 15- Reynolds American Inc's proposed $25 billion acquisition of smaller rival Lorillard Inc shows how the tobacco company is placing its bets on the market for menthols even as a growing number of smokers opt for e-cigarettes.

  • The real winner in the Lorillard takeover: BAT Tuesday, 15 Jul 2014 | 2:42 PM ET

    Reynolds American's purchase of Lorillard has plenty of benefits for the rival U.S. firms, but the real winner is British American Tobacco.

  • NEW YORK/ LONDON, July 15- Reynolds American Inc had no choice but to sell Lorillard Inc's top-selling blu electronic cigarettes brand after Britain's Imperial Tobacco Group Plc insisted it be part of a wider portfolio of assets it is buying, a source familiar with the transaction said.

  • July 15- Reynolds American Inc said it would buy rival Lorillard Inc for about $25 billion, merging two of the world's biggest cigarette makers amid a slowdown in sales. Reynolds, whose brands include Camel and Pall Mall, offered $68.88 per Lorillard share, representing a premium of 2.5 percent to Lorillard's Monday closing.

  • *Reynolds, Lorillard marriage seen making $500 mln savings. LONDON, July 11- U.S. cigarette maker Reynolds American Inc is in talks to acquire rival Lorillard Inc in a multi-billion dollar deal that would reshape one of the world's biggest and most profitable tobacco markets, the companies said on Friday.

  • UPDATE 3-Reynolds, Lorillard confirm takeover talks Friday, 11 Jul 2014 | 8:32 AM ET

    *Lorillard market value is $22.9 bln. LONDON, July 11- U.S. cigarette maker Reynolds American Inc is in talks to acquire rival Lorillard Inc in a multi-billion dollar deal that would include the sale of some brands to Britain's Imperial Tobacco Group Plc, the companies said on Friday.

  • *Reynolds, Lorillard not available to comment. LONDON, July 11- U.S cigarette makers Reynolds American Inc and Lorillard Inc are in talks on a possible multi-billion dollar disposal to Britain's Imperial Tobacco Group Plc, as part of efforts to ease antitrust concerns over their planned merger.

  • Reynolds, Lorillard to reshape Big Tobacco Friday, 11 Jul 2014 | 3:55 AM ET

    Reynolds American and Lorillard are agreeing a complex merger that will reshape Big Tobacco, bringing together the two biggest US operators.

  • LONDON, July 11- Imperial Tobacco, the world's fourth-largest tobacco group, said on Friday it was in talks with Reynolds and Lorillard to acquire certain assets and brands that could be sold by the two companies. Reynolds and Lorillard are in advanced talks about a deal that would merge the No.2 and No.3 U.S. cigarette makers, Reuters has previously reported.

  • Lorillard and Reynolds American near merger Thursday, 3 Jul 2014 | 1:06 PM ET
    Newport cigarettes, made by Lorillard Inc.

    Sources told CNBC that a Lorillard and Reynolds American merger is weeks away, although the companies have not fully negotiated terms.

  • July 3- Tobacco majors Lorillard Inc and Reynolds American Inc are likely to merge as early as end of July, CNBC reported, citing sources.

  • June 26- Cigarette maker Philip Morris International Inc cut its earnings forecast for 2014 and said it is proving to be a "complex and truly atypical" year for the company.

  • BAYREUTH, Germany, June 18- It takes a British American Tobacco factory machine three minutes to load 4 million cigarettes onto a truck in northern Bavaria- but it can take a lot longer to figure out whether those cigarettes end up where they should.