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British American Tobacco PLC

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  • UK's FTSE ends strong first quarter with sharp drop Tuesday, 31 Mar 2015 | 9:36 AM ET

    *FTSE 100 down 1.7 pct. The FTSE was down 115.11 points, or 1.7 percent, at 6,776.32 points at 1318 GMT but remained up 3.2 percent this year, heading for its biggest quarterly gain since the end of 2013.. Consumer staple stocks trimmed nearly 24 points off the blue-chip FTSE 100, weighed down by a 3.7 percent drop in Imperial Tobacco and a 2.8 percent fall in British...

  • *FTSE 100 down 0.9 pct. Consumer staple stocks trimmed nearly 16 points off the blue-chip FTSE 100, weighed down by a 2.4 percent fall in British American Tobacco and a 2.6 percent drop in Imperial Tobacco. Imperial Tobacco hit record highs earlier this month and is up 13 percent since the deal was announced.

  • That's much longer than the warnings on traditional cigarette packs in the United States. Nicotine can increase your heart rate and blood pressure and cause dizziness, nausea and stomach pain, "says MarkTen, a leading brand in the United States. There is no required health warning on electronic cigarettes in the United States, so "we had to do what we thought was...

  • Gates, Bloomberg take on Big Tobacco with $4M fund Thursday, 19 Mar 2015 | 4:33 AM ET
    Michael Bloomberg

    Countries facing potentially pricey legal challenges from big tobacco firms are to get help from a fund created by Bill Gates and Michael Bloomberg.

  • LONDON, March 18- Developing countries facing potentially pricey legal challenges from big tobacco firms are to get help from a new $4 million fund created by the philanthropists Bill Gates and Michael Bloomberg. Bloomberg and Gates, the billionaire co-founder of Microsoft, cited examples such as Uruguay, which since 2010 has been fighting a legal challenge...

  • LONDON, March 18- Developing countries facing potentially pricey legal challenges from big tobacco firms are to get help from a new $4 million fund created by the philanthropists Bill Gates and Michael Bloomberg. Bloomberg and Gates, the billionaire co-founder of Microsoft, cited examples such as Uruguay, which since 2010 has been fighting a legal challenge...

  • LONDON, March 11- Britain's parliament approved legislation on Wednesday to ban branding on cigarette packs, drawing immediate threats of legal action from the country's $29 billion tobacco industry. "We want all children in our country to grow up free from the burden of disease that tobacco brings," Public Health Minister Jane Ellison said in a statement,...

  • LONDON, Feb 26- British American Tobacco, the world's second-largest cigarette maker, said on Thursday it would take action against the UK government if it enacts a plan to put cigarettes in "plain packaging". The UK parliament is expected to vote on regulations to ban branding on cigarette packs before it is dissolved on March 30, in preparation for the general...

  • TORONTO, Feb 17- Fairfax Financial Holdings, the Canadian property and casualty insurer run by contrarian investor Prem Watsa, said it would buy Brit Plc for some $1.88 billion to become one of the top five underwriters on the Lloyd's of London market. The Brit deal comes a month after XL Group snapped up Lloyd's of London's Catlin Group for $4.22 billion, and is the...

  • Feb 17- Fairfax Financial Holdings Ltd, the Canadian property and casualty insurer run by contrarian investor Prem Watsa, said it would buy Brit Plc for about $1.88 billion to become one of the top five underwriters on the Lloyd's of London market. Brit shareholders will receive 305 pence per share in cash, comprising 280 pence in cash and an expected dividend of...

  • Feb 16- Fairfax Financial Holdings Ltd, a Canadian property and casualty insurer, said it would buy Brit Plc, a specialty insurer and reinsurer, for about $1.88 billion to gain a significant presence in the Lloyd's of London market. Investor Prem Watsa- led Fairfax said it has received hard irrevocable undertakings to accept the offer from entities managed by...

  • Canada's Fairfax to buy Brit Plc for about $1.88 bln Monday, 16 Feb 2015 | 9:53 PM ET

    Feb 16- Canada's Fairfax Financial Holdings Ltd said it would buy Brit Plc, a specialty insurer and reinsurer, for about $1.88 billion to have a significant presence at Lloyd's of London. Brit shareholders will receive 305 pence in cash per share, including any final dividend for the year ended Dec. 31. Fairfax Financial said it has received hard irrevocable...

  • Jan 28- Camel cigarettes maker Reynolds American Inc's shareholders approved its $25 billion acquisition of Newport menthol cigarette maker Lorillard Inc, a deal that would combine the No.2 and No.3 U.S. cigarette companies. A combination of Reynolds and Lorillard would create an entity that would control about 40 percent of the U.S. cigarettes market.

  • INSIGHT-The smoke around e-cig science Thursday, 22 Jan 2015 | 6:00 AM ET

    *Wide variety of e-cigs a problem for researchers. *Tobacco firms join e-cig companies in sponsoring research. LONDON, Jan 22- From Apple Pie to Bubbly Bubble Gum, Irish Car Bomb or Martian bar- from Mars!

  • While precise figures are not available, the American Red Cross and its U.S. affiliates have received at least $12 million from tobacco companies such as Altria Group, Reynolds American and Philip Morris International since 2001, according to Red Cross tax records and tobacco company press releases and annual reports. An American Red Cross spokeswoman,...

  • UPDATE 1-Marlboro HeatSticks on sale in Milan this week Wednesday, 19 Nov 2014 | 2:03 PM ET

    LONDON, Nov 19- Philip Morris International Inc, the world's largest tobacco company, plans to launch its new iQOS smokeless device and Marlboro HeatSticks in Milan, Italy on Thursday following a better-than-expected launch in Nagoya, Japan earlier this month. The burgeoning market for electronic cigarettes is a key battleground for Big Tobacco players such...

  • *Swedish Match looks to expand snus in U.S. market. But the future for main manufacturer Swedish Match may hinge on efforts to convince U.S. authorities these small pouches, banned on health grounds in the rest of the European Union, are less harmful than most other tobacco products. "It could potentially be an important catalyst," Swedish Match CEO Lars Dahlgren...

  • LONDON, Nov 4- Imperial Tobacco Group said it would raise its dividend by at least 10 percent in the next year, signalling confidence that cost cuts will help it to cope with weak consumer spending and higher taxes that weighed on its annual profit. The company also recently floated a portion of its logistics business, Logista, on the Spanish stock exchange, raising...

  • European companies defy gloomiest results forecasts Monday, 3 Nov 2014 | 12:41 PM ET

    LONDON, Nov 3- The European reporting season is not turning into the rout investors feared as many of the largest companies managed to navigate weak demand through cost cuts and innovation to deliver earnings in line with or ahead of downbeat forecasts. Of the fifth of companies in the European Stoxx 600 index that have reported so far, 60 percent have beaten...

  • WASHINGTON, Oct 29- Cigarette maker Reynolds American's proposal to buy smaller rival Lorillard Inc presents antitrust regulators with a conundrum: Their mandate is to prevent higher prices because of mergers, but U.S. public policy aims to make cigarettes more expensive to discourage smoking. Reynolds, the No. 2 U.S. cigarette maker, said in July it would buy No. 3...