Dogs of the Footsie 2019: 10 shares yielding 6 per cent plus March 23, 2019 | City Talk By David Budworth from interactive investor. Here are the 10 high yielders that make it into this year's Dogs of the Footsie investment strategy. It's time to reset our Dogs of the Footsie portfolio, selecting the 10 highest-yielding shares of the FTSE 100 index. Around half of 2018's portfolio is carried over on to this [...]
Imperial Tobacco expects vaping to be profitable by next year as it prepares to launch two new e-cigarettes September 25, 2018 Imperial Brands is set to launch a tobacco-infused e-cigarette in the first half of 2019 in an attempt to reach new customers as it predicts its vaping segment will be profitable by next year. The company will make further inroads into the vaping sector by launching Nixx to add to its signature e-cigarette Myblu, [...]
Imperial Tobacco share price rises after $7.1bn purchase of Reynolds cigarette brands wins regulatory approval May 27, 2015 Imperial Tobacco's takeover of a number of cigarette and ecigarette brands from Reynolds American is set to go ahead after winning regulatory approval from the Federal Trade Commission (FTC). The British tobacco company entered into a purchase agreement for the brands as far back as July last year following Reynolds' $27bn (£17.5bn) takeover of Lorillard. [...]
Ireland passes plain packaging of tobacco law as UK anticipates legal battle March 3, 2015 The Republic of Ireland has become the first country in the EU to pass a law requiring the plain packaging of cigarettes. The bill, which must be signed by the country's President, makes Ireland only the second country in the world to remove branding from tobacco products. The packaging will be dark and plastered with [...]
Imperial Tobacco hit by global decline in cigarette sales November 4, 2014 Imperial Tobacco yesterday reported a drop in its revenues for the year ending 30 September, with the company hurt by its attempt to reduce its debt pile along with falling sales in volatile markets. However, the results were broadly on par with City expectations, and investors reacted positively. Shares closed more than four per cent [...]
Imperial Tobacco share price rises as European trade improves August 19, 2014 FTSE 100-listed tobacco giant Imperial Tobacco saw its shares jump 2.34 per cent yesterday after its interim management statement said it expected modest profit growth this year due to improving European trading. The Bristol-based maker of Rizla and Gauloises also said it was on track to complete the acquisition of a number of US cigarette [...]
Imperial Tobacco on course to buy US brands including ecigarette maker Blu August 19, 2014 Imperial Tobacco Group says it remains on track to acquire key U.S cigarette brands, as it reported a slight decline in nine-month revenue this morning. The Bristol-based makers of the Rizla and Gauloises Blondes brands says it is on course to complete the acquisition of a collection of US cigarette brands from Reynolds American and [...]
Imperial set for £1.1bn Logista listing in Spain June 10, 2014 IMPERIAL Tobacco yesterday announced its intention to list its European logistics business Logista on the Spanish stock market with a sale of shares to institutional investors that could see the business valued at £1.1bn. Imperial took control of Logista, which distributes products for Imperial and other tobacco makers in southern Europe, when it acquired Franco-Spanish [...]
Imperial Tobacco announces Logista IPO June 10, 2014 Imperial Tobacco has confirmed plans for the floatation of Logista, its European logistics unit. The IPO of Logista will involve its indirectly wholly-owned subsidiary Altadis S.A.U. selling a portion of its shares to institutional investors. However, Imperial Tobacco hopes to retain the majority of the shares. Logista will list on the Spanish stock exchanges. In April, the [...]
Imperial Tobacco growth brands outperform the market May 7, 2014 Imperial Tobacco has reported a profit before tax of £648m for the six months to 31 March, down from the £830m seen over the same period the previous year. The company's revenue suffered a five per cent decline to £12.7bn, with adjusted earnings per share edging down by one per cent to 89.6p. However, there [...]