European equities closed higher on Thursday on euro zone data and a positive handover from Wall Street boosting investor sentiment.» Read More
*Russia cracking down on tobacco consumption. MOSCOW/ LONDON, Dec 4- Philip Morris International Inc and Japan Tobacco Inc are buying 20 percent stakes in their Russian distributor Megapolis for $750 million each, strengthening their grip on the world's No.2 cigarette market by volume after China.
*Philip Morris, Japan Tobacco buy stakes for $750 mln each. MOSCOW, Dec 4- Philip Morris International Inc and Japan Tobacco Inc are buying 20 percent stakes for $750 million each in Russian distributor Megapolis, strengthening their grip on the world's No. 2 cigarette market after China.
LONDON, Nov 28- Britain signalled it would force tobacco companies to scrap branded cigarette packaging on Thursday in an attempt to reduce the number of children who may be drawn to smoking by striking and brightly coloured packs.
*Commerzbank, Rio lead respective sectors to rises. LONDON, Nov 28- European shares rose on Thursday, boosted by risk-sensitive stocks on the back of new record highs in the United States, but held below five-year peaks with shares in tobacco firms hit by a U-turn by Britain on how their products are packaged.
Nov 20- Philip Morris International Inc plans next year to enter the electronic cigarette business, a $2 billion- plus global market identified by the maker of Marlboro cigarettes as its "greatest growth opportunity".
LONDON, Nov 5- Imperial Tobacco Group said cost cuts and the launch of electronic cigarettes would help deliver "modest" growth for the new year as it posted slightly better than expected earnings.
*Heineken and Fortum fall after results. LONDON, Oct 23- European shares fell in early trade on Wednesday, after falls in banks following an asset quality review and disappointing earnings reports from the likes of Heineken took the steam out of a nine day rally.
LONDON, Oct 23- British American Tobacco said it remained on track for a year of solid earnings growth after price rises in the first nine months of the year helped it to offset a 3 percent fall in total tobacco volumes.
GENEVA, Sept 13- Ukraine and Honduras are reviving a dispute at the World Trade Organisation challenging Australian laws that impose uniform drab green packaging and large graphic health warnings for cigarettes, diplomats said on Friday.
*FOMC meeting minutes awaited, due at 1800 GMT. LONDON, Aug 21- European shares fell on Wednesday in thin, jittery trade as investors awaited clues on the U.S. monetary policy outlook, though analysts expect technical support levels to cushion a key index from more near-term falls.
*UK ex-divs weigh on index. LONDON, Aug 21- European stocks edged lower on Wednesday, weighed down by a fall in the value of UK stocks trading without the attraction of their latest dividend, as investors awaited more clues on the outlook for U.S. monetary policy.
LONDON, July 1- After years when European companies have attracted stock investors by scoring sales to China or Brazil, share buyers are growing cautious. The trend has also been visible, if less pronounced, in the United States.
BRUSSELS/ LUXEMBOURG, June 21- European Union health ministers agreed on Friday to ease tough planned restrictions on tobacco products to overcome opposition from some governments to the draft rules.
*Altria: the owner of Marlboro cigarettes maker Philip Morris said on June 11 its Nu Mark subsidiary would launch e-cigarettes under the brand name MarkTen in Indiana in August. *Reynolds American: the maker of Camel cigarettes said on June 6 it would expand the testing of its Vuse e-cigarettes to retail outlets in Colorado, beginning in July.
*E-cigarettes sold as less harmful alternative to tobacco. LONDON, June 13- Puffing on slim metal tubes loaded with pale yellow liquid, two London businessmen say they have between their lips a cure for what the U.N. calls "one of the biggest public health threats the world has ever faced".
LONDON, June 12- Britain is to regulate electronic cigarettes as non-prescription medicines from 2016 in an attempt to improve quality, though the country's drugs watchdog said they would still be sold in convenience stores.
LONDON, June 12- Britain is to regulate electronic cigarettes as non-prescription medicine from 2016 in an attempt to improve quality, though the country's drugs watchdog said they would still be sold in convenience stores.
TheStreet.com looks at some of the worst positioned stocks from a technical analysis standpoint. For investors looking to buy one of these names, it makes sense to wait for more favorable technical conditions (and a lower share price) before piling in, the writer argues.
Steve Sedgwick takes you through British American Tobacco.
Banks, retailers and many others may have suffered during Europe's downturn but the tobacco sector has remained rock solid during a time of weak consumer spending.