British American Tobacco
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Friday 03 June 2011
It has been the dream of health campaigners and nicotine addicts for 50 years: a "safe" cigarette that satisfies the cravings of smokers without the lethal side-effects. Now, falling sales and government crackdowns in the West (if not in the developing world) are tempting the world's tobacco giants to invest in discovering a non-cancerous alternative. British American Tobacco (BAT) is joining forces with Sir Terry Leahy, the recently departed former Tesco chief executive, who is investing a chunk of his own £48m fortune in a new product which promises to revolutionise the market for "smokeless cigarettes". Sir Terry has invested an undisclosed sum in the start-up company Kind Consumer, which is developing a non-tobacco, aerosol-loaded, nicotine inhalation device that keeps the "psychological rituals and routines" of smoking.
Sunday 29 May 2011
Friday 29 April 2011
Our view: Hold
Wednesday 27 April 2011
Oil prices may have stayed close to their recent highs, but that failed to prevent International Airlines Group (IAG) flying to the top of the blue-chip index last night.
Sunday 24 April 2011
Wednesday 13 April 2011
With the top-tier index awash with red, British American Tobacco (BAT) was among the defensive stocks benefiting from investors fleeing for safer ground as the cigarette company was praised for offering long-term value.
Friday 08 April 2011
Australia has unveiled the world's toughest tobacco advertising legislation, which – if it survives a legal challenge by the industry – will force all cigarettes to be sold in plain, olive-green packs covered in health warnings.
Friday 08 April 2011
Outlook The writing is on the wall for tobacco companies. The designs unveiled yesterday by the Australian Government for plain cigarette packaging have to be seen to be believed. Under itsproposals, which could become law within a matter of months, allcompany branding would disappear – instead, the make of thecigarette would appear in a font of standard style and size underneath eye-catching images illustrating the potential effects of smoking on health.
Wednesday 30 March 2011
Following a key legal triumph in the US, British American Tobacco (BAT) was left high up the top-tier index's leaderboard last night, advancing 54.5p to 2,462p. The cigarette group made the move after investors awoke yesterday morning to news from across the Atlantic that the company had succeeded in its attempt to be removed from a racketeering ruling.
Thursday 10 March 2011
It may have been No Smoking Day, but that did not stop Imperial Tobacco's shares lighting up last night as a long-awaited report from the Government was greeted with relief.
Sunday 06 March 2011
Saturday 05 March 2011
With a rise of 27p to 618.5p, Serco stormed to the top of the blue-chip index last night – and its highest position since last October – after it was picked as a good bet for those looking for respite from the turmoil in the Middle East and North Africa.
Friday 25 February 2011
Wednesday 09 February 2011
The fifty-year epidemic of lung cancer which has claimed at least one million lives in Britain may have peaked among women, figures show.
Tuesday 25 January 2011
The market's taste for online grocery group Ocado continued unabated yesterday as rumours of a takeover refused to die, although some put the rise down to pressure on the City's short sellers.
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