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Imperial Tobacco Group PLC ADR (ITYBY)

  • Fri, Apr. 17, 8:27 AM
    • E-cigarettes are catching on with teenagers, according to a new data read.
    • While usage of traditional cigarettes by high school students has declined, e-cigarette demand has increased significantly.
    • 13% of all high school students used e-cigs last year to top the rate they used traditional cigarettes for the first time.
    • The FDA is still working out how it will treat the e-cigarette category.
  • Mon, Apr. 13, 10:33 AM
    • British American Tobacco (BTI, OTCPK:BTAFF) and Imperial Tobacco Group (OTCQX:ITYBY, OTCPK:ITYBF) fell in London trading after the Labour Party in the U.K. said it would fund part of its broad series of health service proposals through a tobacco tax.
    • Analysts consider the risk for Imperial to be more significant due its higher market share in the region.
    | 1 Comment
  • Mon, Mar. 30, 2:31 AM
    • Following months of regulatory examination, Reynolds American (NYSE:RAI) and Lorillard (NYSE:LO) are expected to meet this week with members of the Federal Trade Commission ahead of a final decision by the agency on whether to allow the companies to merge.
    • When the two U.S. cigarette makers announced their $25B deal last July, they sought to address potential regulatory concerns about competition by selling $7.1B in brands and other assets to Imperial Tobacco (OTCQX:ITYBY).
    | 1 Comment
  • Mon, Mar. 23, 11:40 AM
    • Big Tobacco is pushing for tighter regulations on e-cigarettes in a move some say is a clever strategy to keep out smaller players, according to Reuters.
    • The push from established industry players include calls to regulate vape shops.
    • Larger tobacco companies will benefit with their own e-cig brands if independent shops have increased barriers to entry and large retail chains are forced to display the product category behind counters.
    • E-cigarette sales in the U.S. decelerated to 5% growth in Q4.
  • Mon, Mar. 23, 8:09 AM
    • Cash is still king in the tobacco industry.
    • Despite a wave of worry over global plain-packaging laws on cigarettes, shares of tobacco companies continue to offer solid returns for shareholders due in part to vibrant free cash flow.
    • Pricing has also held up in the sector even with volume in decline.
    • In some regions taxes as a percentage of price has decreased which is a boost to profit margins in the sector.
    • Another factor in the industry is the "massive" barriers erected by regulators that have ended up to act a wide moat for some global companies.
  • Fri, Mar. 13, 5:55 PM
    • Antitrust enforcers are asking detailed questions about business plans and leadership of a third company that plays a key role in Reynolds American’s (NYSE:RAI) proposed acquisition of Lorillard (NYSE:LO), WSJ reports.
    • RAI and LO have sought to head off antitrust concerns by selling $7.1B in cigarette brands and other assets to U.K.-based Imperial Tobacco (OTCQX:ITYBY, OTCPK:ITYBF); the intent was to give Imperial a significant U.S. presence that could replace market competition previously provided by LO.
    • The FTC’s review of the merger, now in its latter stages, is said to be examining whether Imperial can become a significant player in the U.S. market if the merger is approved.
  • Thu, Mar. 12, 2:30 AM
    • The U.K. Parliament has voted to ban branding on cigarette packs as of 2016, under which cigarettes would be sold in uniform packs stripped of distinctive logos and colors, and adorned with graphic health warnings.
    • The move draws promises of legal challenge from the tobacco industry and raises the prospect of similar legislation in countries across Europe.
    • Previously: England to vote on cigarette pack branding ban (Mar. 11 2015)
    • Related stocks: LO, PM, MO, VGR, RAI, OTCQX:ITYBY, OTCPK:JAPAY, BTI
  • Wed, Mar. 11, 5:41 AM
    • Lawmakers in the lower house of Britain's parliament are expected to vote to ban branding on cigarette packs by a large margin later today, in a move that would force tobacco firms to adopt plain packets in England by 2016.
    • The measure, which was passed in Australia two years ago, has manufacturers' worried, as it will likely crimp profits and may spread to additional countries.
    • The tobacco industry has fiercely resisted the new law, arguing that the plain packs infringe on intellectual property rights.
    • Previously: England looks to ban branding on cigarette packs (Jan. 22 2015)
    • Related stocks: LO, PM, MO, VGR, RAI, OTCQX:ITYBY, BTI
  • Tue, Mar. 10, 1:08 PM
    • Regulatory review on the pending merger between Reynolds American (NYSE:RAI) Lorillard (NYSE:LO) will hinge on the Newport menthol brand, according to analysis.
    • A survey of retailers by Wells Fargo showed a strong sense that Newport will be approved to be part of the Reynolds Every Day Low Price program which could help sales grow.
    • Reynolds could also flex its muscles with retailers if Newport is part of the program.
    • The addition of Newport to EDLP could squeeze out some newly-added Imperial Tobacco (OTCQX:ITYBY, OTCPK:ITYBF) brands such as Kool, Salem, Winston, and Maverick.
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  • Thu, Feb. 26, 8:14 AM
    • Lorillard (NYSE:LO) appoints David Taylor to be the CEO of ITG Brands.
    • ITG Brands is the new unit being formed out of the divestiture of certain Lorillard brands due to the merger with Reynolds American.
    • ITG Brands will become a subsidiary of Imperial Tobacco (OTCQX:ITYBY).
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  • Mon, Jan. 26, 2:26 AM
    • Reynolds (NYSE:RAI) Chief Executive Susan Cameron is confident shareholders will approve the Reynolds American and Lorillard (NYSE:LO) deal this Wednesday, which will combines the two to create a more formidable rival against Marlboro (NYSE:MO).
    • Shareholders of Imperial Tobacco (OTCQX:ITYBY) (the third party which is expected to buy several brands of Reynolds American as part of the deal) are also expected to approve the transaction because it turns Imperial into the No. 3 player in the U.S.
    • However, the real test for the merger and the related divestiture of brands will come later this quarter, when the FTC weighs in on deal.
    • Previously: The FTC asks Reynolds American and Lorillard for more info on merger (Aug. 29 2014)
  • Thu, Jan. 22, 4:08 AM
    • Following in the footsteps of Australia, which two years ago enacted a law forcing cigarettes to be sold in plain olive green packaging, the British government will try to pass a law before May forcing tobacco firms to sell cigarettes in plain packs.
    • Around 3.4% fewer cigarettes were sold in Australia in 2013, compared with 2012.
    • The tobacco industry has fiercely resisted the new law, arguing that plain packs infringe on the intellectual property rights covering brands.
    • Related stocks: LO, PM, MO, VGR, RAI, OTCQX:ITYBY, BTI
  • Wed, Jan. 14, 8:10 AM
    • The tobacco industry will see a big tailwind this year as payments for buyouts of tobacco growers end.
    • Where the extra funds will go is still unknown until Q4 reports start to roll in. Further investment in e-cig development or volume/pricing actions are possibilities.
    • Morgan Stanley sees an earnings boost of up to 5% due to the development, but is cautious on the "effectively priced" sector.
    • Major tobacco stocks: LO, PM, MO, VGR, RAI, OTCQX:ITYBY, BTI.
  • Nov. 25, 2014, 3:54 AM
    • China is considering a broad ban on smoking, including tobacco advertising, smoking in public places, prohibiting vending machine sales of cigarettes and cutting smoking scenes in film and TV.
    • Up more than 10% from the year before, the country’s tobacco industry generated nearly 956B yuan ($155.6B) in taxes and profits in 2013.
    • China is home to more than 300M smokers.
    • Tobacco stocks: LO, PM, MO, VGR, RAI, OTCQX:ITYBY, BTI
  • Oct. 29, 2014, 2:34 AM
    • The tobacco industry is gearing up for its next serious challenge, as more cities raise the legal age for buying tobacco products to 21.
    • As states ponder similar moves, the $100B U.S. tobacco industry could suffer yet another large blow over consumer sales.
    • The FDA is also expected weigh in on the matter early next year, after it receives a report from the Institute of Medicine evaluating the potential benefits of increasing the age to 21 or 25.
    • Tobacco stocks: LO, PM, MO, VGR, RAI, OTCQX:ITYBY, BTI
  • Oct. 9, 2014, 12:11 PM
    • Imperial Tobacco (OTCQX:ITYBY) is in advanced talks with regulators in the U.K. to obtain a medicinal license for its Fontem Ventures to sell electronic cigarettes.
    • The company wants the authority to sell the products as a safer alternative to cigarettes.
    • The licensing of vapor products is a major goal of the e-cigarette industry.
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Company Description
Imperial Tobacco Group is a tobacco company which is based in the United Kingdom. Co. is engaged in the manufacturing, marketing and selling of a comprehensive range of cigarettes, tobaccos, rolling papers and tubes. Co.'s broad brand and product portfolio includes international cigarette brands... More