European shares closed slightly up on Thursday, after wavering throughout the day on mixed manufacturing and services data.
European shares closed lower lower on Monday with basic resources stocks weighing heavily on bourses after weak data from China.
A merger between Reynolds American and Lorillard would have benefits in their domestic market. It could also kick off more deals overseas.
Tobacco companies that split apart to protect investors from litigation may consider reuniting, especially BAT and Reynolds American.
British American Tobacco will soon be free to build on its 42 percent stake in Reynolds American Inc. But bankers say British American could also take interest in U.K. rival Imperial Tobacco Group if it can overcome antitrust hurdles in Europe. CNBC's John Jannarone explains.
A court ruling to restrict the sale of e-cigarettes in France this week could knock the nascent e-cigarette industry off course.
European equities closed higher on Thursday on euro zone data and a positive handover from Wall Street boosting investor sentiment.
U.S. stock index futures signaled a sharply lower open Wednesday, amid worries over financial conditions in China and as investors digested a mixed bag of corporate earnings.
Traditional tobacco companies need to adapt to the rise of electronic cigarettes - or e-cigarettes - ahead of the product becoming regulated in the U.K., according to an analyst at Berenberg Bank.
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.
European stocks closed slightly lower in a shortened day of trading on Monday. The FTSE 100 index was the main exception closing higher by 0.24 percent.
LONDON, Oct 30- Imperial Tobacco has taken a 1.2 billion-pound writedown on its Spanish business as the impoverished country's smokers turn to cheaper black market cigarettes.
DIARY For South Africa corporate diary, click on For southern and South Africa diary, click on ECONOMIC EVENTS. -Reserve Bank Governor Gill Marcus speaks at Rhodes University Business School.
NAIROBI, Oct 10- The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. NIGERIA- President Goodluck Jonathan is expected to deliver the 2013. KENYA- Central Bank of Kenya auctions 182- day Treasury bills.
helped reverse the gains made by so-called rand hedges like British American Tobacco. "The stronger rand is causing the rand hedges to come off a little bit, that's why the market is negative," said Malcolm Moller, an equities trader at Vunani Securities.
*Pick stock with high earnings quality- JPMorgan. LONDON, Oct 8- European shares fell early on Monday as investors braced for a weak third-quarter earnings season and the prospect of a greater-than-expected economic slowdown in parts of Asia. Metro was joined by British recruiter Michael Page International.
*Nomura cuts Imperial Tobacco Group PLC to reduce from neutral; price. *Nomura raises British American Tobacco PLC price target to 3506 p. Reuters Station users, click. 1580.
CANBERRA, Oct 5- Australia did not infringe tobacco companies' intellectual property rights by forcing them to sell cigarettes in plain packets, Australia's highest court said on Friday, killing off any domestic challenge to the plain-packet ruling. Tobacco giants British American Tobacco, Britain's Imperial Tobacco, Philip Morris and Japan Tobacco.