CNBC's David Faber reports on the possibility of a deal between British American Tobacco and Reynolds American. » Read More
British American Tobacco, the world's No 2 cigarette maker, posted a 10% rise in 2006 earnings on Thursday and dampened talk it may make a big acquisition as it boosted its dividend and share buy-backs.
It's a stock-watcher's cliché to call Altria shares "smoking" -- but don't tell that to Bonnie Herzog. She's a beverage and tobacco analyst at Citigroup, and she says the company formerly known as Philip Morris is, yes, on fire.