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British American Tobacco

Investors in BAT have had a good run. Over the past 10 years, the company’s shares rose by 460%, outperforming the FTSE 100’s more modest 67% increase over the same period. And if that was not enough, he is also happy to income investors. A perennial favorite with the dividend seekers, BAT offers a way permanently shade below 5%. In short, it was a “have your cake and eat it” sort of company that provides an enviable total return. And, as with other “sin stock” Diageo, it is difficult to avoid the conclusion that people who bank on booze and back were right from the start. Even so, I’ve never bought in myself, querying the logic of owning a stake in a business where the products that it sells kill those who consume … Read entire article »

Filed under: Tobacco laws, Tobacco news

Three things to love about BAT

There are things to love and hate about most companies. Today I want to tell you three things to love about British American Tobacco. I will also ask whether these positive factors make the FTSE 100’s major tobacco company is a good investment today. Long-term anticipatory BAT has been one of the main FTSE 100 long-term performers. The company has set the rate of return to shareholders and return 21% over the past 10 years, compared with 9% for the market as a whole. The five figures are 17% and 6%, respectively. The company, which includes Dunhill, Kent, Lucky Strike and Pall Mall among its top-selling brand, continued to flourish in the courts and regulatory scary, rewarding shareholders year after year. Defensive The manner in which BAT has rewarded shareholders is as impressive as the magnitude … Read entire article »

Filed under: Cigarette brands, Tobacco companies, Tobacco laws, Tobacco news

Imperial Tobacco

CONSUMER staples stocks have become the latest drug on Wall Street. But when it comes to some tobacco stocks, investors resisted the urge. They should resist the temptation. Consider the action Procter & Gamble and Clorox, which have both rallied in recent months, as risk-averse investors chased yield and stable, even a modest profit growth. Both sport a dividend yield of about 3 percent, and analysts expect earnings to increase by mid-single-digit percent this year. Stocks of both trade on forward earnings of about 19 times, the highest level in several years. By some estimates, Imperial Tobacco Group looks like P & G and Clorox. Imperial, which produces cigarette brands such as Davidoff and Gauloises, was able to increase profits through price increases to offset the long decline of smoking in developed markets. The stock … Read entire article »

Filed under: Tobacco laws, Tobacco news

Italian Tobacco Industry wrestling with electronic cigarettes

The Italian Union of tobacco operators last week appealed to the regional court of Lazio, in an attempt to block the sale of electronic cigarettes. The case is the latest in a series of measures taken by the tobacco industry, which believes that the spread of electronic cigarettes trade is being replaced with a hammer forged trade and smuggling. The Italian government has not yet fully regulated electronic cigarette phenomenon, and there are doubts about its potential impact on human health and the economy. “It’s unfair competition,” says Enzo Perrotta, president of the Union of the operators of tobacco in a press release. Perrotta said that e-cigarettes should be taxed in the same way as traditional, and that their distribution should be done selectively. “Electronic cigarettes way to consume nicotine, they just sell … Read entire article »

Filed under: Electronic cigarettes, Tobacco laws, Tobacco news, Tobacco-general info

Oxford University will not accept funding from tobacco companies

In 1927, the French philosopher Julien Benda published a piercing attack on the intellectuals of his day. They should, in his opinion in La Trahison Des Clercs (Betrayal scientists), act as a check on popular passions. Civilization, he argued, is only possible if the intellectuals opposed to the requirements of the political “realism”, supporting universal principles. “Thanks to the scientists,” he said, “did evil of mankind for two thousand years, but the honor of the good.” Europe may be lying in the gutter, but he was looking at the stars. But these ideals Benda claimed to have been lost. Europe was now lying in the gutter, looking into the gutter. “The vast majority” of intellectuals, artists and clergy joined the “chorus of hate”: nationalism, racism, the cult of force and war. … Read entire article »

Filed under: Tobacco companies, Tobacco laws, Tobacco news, Tobacco-general info

Big Tobacco Beats Small tobacco Tax Rate

Small cigarette manufacturers would face new fees on the state of their sales under the measure, which passed the Texas House of early voting on Monday – a big win for Big Tobacco. The nation’s largest tobacco companies are now paying more than half a billion dollars to the state every year as part of a 1998 lawsuit settlement. They have for years advocated smaller cigarette manufacturers who were not included in the $ 17 billion settlement, faced with similar financial penalty. State Rep. John Otto House Bill 3536 would charge these small companies 2.75 cents per cigarette (or 0.09 ounces of tobacco) are sold, used, consumed or distributed in Texas in 2013. The controller will calculate the rate in subsequent years. “They all sell the same product,” Otto said. “They’re all going … Read entire article »

Filed under: Cigarette taxes, Tobacco laws, Tobacco news

Shifting the burden of tobacco use: from the rich to the poor

Doctors and researchers meeting in São Paulo, Brazil, last week issued a dire warning. Latin America, they said, is at risk of being overwhelmed by a burgeoning cancer epidemic. One reason for concern is the prevalence of smoking in the region. “If these high rates of smoking are not limited to, mortality from cancer will continue to grow,” said Harvard Medical School Professor Paul Goss, lead author of the new study Lancet Oncology on cancer prevention in Latin America. His statements about Latin America are valid in other places. In our series of December 2012 the new battleground of Cancer developing world, “we have shown that cancer is not just a disease of rich countries. It is a disease that also causes severe damage in the poorest countries. In fact, some types … Read entire article »

Filed under: Tobacco laws, Tobacco news