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JPMorgan Chase & Co. restated their overweight rating on shares of Imperial Brands (LON:IMB – Get Rating) in a report issued on Monday, MarketBeat Ratings reports. JPMorgan Chase & Co. currently has a GBX 2,100 ($27.51) price objective on the stock. Other equities analysts have also issued reports about the stock. Barclays reaffirmed an overweight […]
19 May 2021 | 07:43am StockMarketWire.com - Tobacco titan Imperial Brands confirmed that Lukas Paravicini was appointed as chief financial officer after Oliver Tant stepped down on 18 May 2021. Story provided by StockMarketWire.com Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. Latest share price and company details:
US might reduce the nicotine content in cigarettes to non-addictive levels Menthol cigarettes might also be banned Imperial Brands PLC (LON:IMB) and British American Tobacco PLC (LON:BATS) tumbled today on a report that the US might order a reduction in the nicotine content in cigarettes. US authorities are considering the move as part of clamp-down on tobacco addiction reported the Wall Street Journal. The Food and Drug Administration has to make a decision on whether to ban menthol-flavoured cigarettes by 29 April and this has prompted it also to consider lowering nicotine level...
17 February 2021 | 07:35am StockMarketWire.com - Tobacco company Imperial Brands said it would appoint Lukas Paravicini as chief financial officer on August 5 2021. Paravicini, currently CFO of agricultural commodities and brokerage group ED&F Man, would succeed Oliver Tant. As CFO of Imperial Brands, Lukas would receive an annual salary of £730,000 and a pension allowance, which was aligned with the workforce pension rate, equivalent to a maximum of 14% of salary and other usual benefits, the company said. Story provided by StockMarketWire.com Find out how to deal online from £1.50 i...
17 February 2021 | 12:02pm StockMarketWire.com - The FTSE 100 dipped 0.14% to 6,739.27 on Wednesday as a higher-than-expected reading of UK inflation stoked some fears over rising prices. In the US futures markets suggested a similarly tepid feel to trading on Wall Street, with retail sales data scheduled to be released. British American Tobacco dropped 4% to £26.38, even as it reported a rise in annual profit, citing strength at its vaping business. The tobacco giant upped its dividend 2.5% to 215.6, while guiding for 3-5% constant-currency revenue growth in 2021 and mid-single-digit percen...