Tobacco

Asia's No. 2 Cigarette Maker Drops After Closing India Factories

ITC Ltd., Asia’s second-largest cigarette maker by market value, slid the most in about three weeks after shutting cigarette factories in protest aga...

Tobacco Firms May Lose EU Court Fight Over Strict Packaging Rules

Tobacco companies including Philip Morris International Inc. and British American Tobacco Plc received a blow from an adviser to the European Union’s...

Tobacco Firms Prepare For UK Courtroom Battle

Big Tobacco is no stranger to a fight. In a London courtroom this week, industry lawyers will battle to preserve the last vestige of branding for products...

Imperial Tobacco Gains on Speculation BAT Raising Money for Bid

Imperial Tobacco Group Plc rose to a record in London on speculation that British American Tobacco Plc is arranging financing to make a bid for the the mak...

BAT Revenue Beats Estimates as Cigarette Maker Raises Prices

British American Tobacco Plc, the maker of Lucky Strike and Pall Mall cigarettes, reported nine-month revenue growth that beat analysts’ estimates as...

Philip Morris Tops Profit Estimates, Helped by Higher Prices

Philip Morris International Inc., the world’s largest publicly traded tobacco company, topped quarterly profit estimates and raised the low end of it...

Japan Tobacco Plunges on $5 Billion Reynolds Asset Deal

Japan Tobacco fell the most in four and a half years after agreeing to pay about $5 billion for the international rights to Reynolds American’s Natur...

Japan Tobacco Said in Talks for $5 Billion Reynolds Assets

Japan Tobacco is in talks to buy cigarette assets from Reynolds American as the company seeks to expand outside of its shrinking home market, according to...