Tobacco stocks struggle after the U.K. is reported to be looking at adopting packaging laws...

|By:, SA News Editor

Tobacco stocks struggle after the U.K. is reported to be looking at adopting packaging laws similar to the measures Australia instituted last year. In London, Imperial Tobacco (ITYBY.PK) and British American Tobacco (BTI -1.5%) started the day off weak, while stateside Reynolds American (RAI -2.1%), Lorillard (LO -0.8%) and Altria (MO -0.1%) are underperforming.