Lucky Strike Owner British American Tobacco (NYSE:BTI) Gets Toasted on Regulatory Headwinds and Canada Lawsuit Costs
British American Tobacco (BTI) stock plunged on Thursday amid a dismal outlook and soaring costs from a long-running lawsuit ...
BAT takes $8 billion charge for Canadian settlement, warns on 2025 sales
BAT, the maker of Lucky Strike and Dunhill cigarettes, and some of its rivals were set to pay C$32.5 billion to settle a long ...
Sharp fall for BAT shares after £6.2bn provision for Canadian litigation
BAT announced the provision as part of its full-year results for 2024. It comes after BAT, together with rivals Philip Morris International and Japan Tobacco, in October made a C$32.5bn (US$22.7bn) ...
Devdiscourse1d
BAT Faces Billion-Dollar Hit Amid Legal and Regulatory Challenges
British American Tobacco is facing a significant financial hit due to a Canadian lawsuit settlement and tax changes in ...
British American Tobacco sales fall as ‘illicit single-use’ vapes hamper trading
British American Tobacco sales fall as ‘illicit single-use’ vapes hamper trading - Shares fell as much 9% as it revealed a slight decline in US vape sales, which it has touted as the future of the ...
CNBCTV181d
BAT to divest ITC Hotels stake at best time to maximise shareholder value
British American Tobacco (BAT), the largest shareholder in ITC, will be looking to divest its stake in newly spun-off entity ...
British American Tobacco Cites Illicit Vapes for Slower US Sales
British American Tobacco Plc’s growth in smoke-free products was dragged down by the prevalence of illicit vapes in the US ...
New Age1d
BAT shares slump as cigarette group faces headwinds
British American Tobacco shares slumped on Thursday as it warned of tougher regulatory headwinds in Australia and Bangladesh after a sizeable writedown in Canada dampened its return to ...