Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksIMT.L Share News (IMT)

  • There is currently no data for IMT

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Wednesday newspaper share tips: Take a long drag of Imperial Tobacco

Wed, 04th Nov 2015 12:12

(ShareCast News) - It isn't time to kick the habit yet when it comes to Imperial Tobacco Group, The Times' Tempus said on Wednesday.On Tuesday, the company posted a rise in pre-tax profit and underlying tobacco net revenue for the year ended 30 September and said it was well placed to meet expectations for the coming year, despite a drop in overall revenues.However Tempus noted there are two warning signs ahead - the expiry of a standstill agreement between the company's newly purchased US brands and their former owners, as well as the possible introduction of plain packaging in the UK.However it noted the company can now put a bit more effort behind neglected brands including Winston and Kool, and the plain packaging law could benefit the company as smokers may go for the Imperial's cheapest cigarettes when they all look the same.But Tempus said that it's certain that dividends will continue to grow around 10%, supported by cost savings. For that reason, it's a good long term buy.Over in The Telegraph, Questor is focusing on Weir Group, which manufactures industrial valves for the oil and gas sector and pumps for the mining industry.The company said on Tuesday it expects full-year earnings to be broadly in line with current market consensus, and also announced further job losses as part of its cost-cutting plans.Despite that, the shares rose on the news, which Questor claimed was more due to investor relief that there was no profit warning more than anything else. With orders for equipment in the oil and gas division down but the company's minerals division more resilient, Weir responded by cutting costs.While Weir has been under the pump to combat the slowdown in the commodity market, Questor said the share could be approaching the bottom now and it's worth holding on to.
More News
7 Dec 2015 13:57

CORRECTED-Russian senator submits bill to raise smoking age to 21

(corrects number in second paragraph) MOSCOW, Dec 7 (Reuters) - Russia is considering a bill to raise the legal smoking age to 21 from 18 as part of an ongoing drive to improve public health in a nation of heavy smokers. Senator Anton Belyakov said on Monday he had submitted a bill to

Read more
7 Dec 2015 13:17

Russian parliament to debate raising of smoking age

(ShareCast News) - Reports that Russia could raise the smoking age to 21 from 18 have hit the shares of some big tobacco companies. London-listed cigarette makers Imperial Tobacco and British American Tobacco have so far remained on the up, while US-listed Philip Morris fell more than 2.4% in pre-ma

Read more
4 Dec 2015 11:16

Imperial Tobacco, Japan Tobacco settle patent infringement

LONDON, Dec 4 (Reuters) - Fontem Ventures, a unit of Imperial Tobacco Group, said on Friday that it entered into a license agreement with Japan Tobacco International that settles patent infringement lawsuits concerning e-cigarette technology. Under the terms of the agreement, Fontem has gr

Read more
27 Nov 2015 09:38

BROKER RATINGS SUMMARY: Canaccord Says Buy Charles Stanley

Read more
26 Nov 2015 09:45

BROKER RATINGS SUMMARY: OneSavings Upped To Buy, Aldermore Cut To Hold

Read more
25 Nov 2015 18:11

FEATURE-With U.S.-Cuba detente, a battle over trademarks looms

By Jaime Hamre CAMAGUEY, Cuba, Nov 25 (Reuters) - When Julio Manzini decided two years ago to name his small restaurant McDonald's after the famous fast-food chain, he had no idea it could cause any trouble. He has since been frightened into removing the name. "I don't even know what

Read more
23 Nov 2015 09:33

BROKER RATINGS SUMMARY: UBS Raises Ocado To Buy From Neutral

Read more
23 Nov 2015 08:23

LONDON BRIEFING: UK Defence Plans Boost BAE Systems And Rolls-Royce

Read more
20 Nov 2015 16:54

LONDON MARKET CLOSE: Major Stock Indices End Up For Fifth Straight Day

Read more
20 Nov 2015 14:17

Whitman Howard reiterates 'buy' on Imperial Tobacco

(ShareCast News) - Regardless of whether the speculation swirling around a possible bid for Imperial Tobacco from British American Tobacco pans out or not, the organic story and valuation argument were "compelling enough", Chris Whitman at Whitman Howard said in a research note sent to clients. Whit

Read more
20 Nov 2015 12:05

LONDON MARKET MIDDAY: Dovish Draghi Fails To Ignite Stock Markets

Read more
20 Nov 2015 10:35

WINNERS & LOSERS SUMMARY: Imperial Rises On BAT Takeover Speculation

Read more
20 Nov 2015 09:58

PRESS: BAT Said To Have Gathered Banks For Imperial Tobacco Bid - FT

Read more
18 Nov 2015 15:42

UPDATE 1-British American to test tobacco/e-cigarette hybrid

(Adds quotes, background) By Martinne Geller LONDON, Nov 18 (Reuters) - British American Tobacco plans to test a hybrid product that combines tobacco and e-cigarette technology next week in a European market, a senior executive said on Wednesday. The product, called iFuse, will

Read more
18 Nov 2015 13:21

British American to test tobacco/e-cigarette hybrid

LONDON, Nov 18 (Reuters) - British American Tobacco , the world's No. 2 cigarette maker, will test a hybrid product that uses tobacco and e-cigarette technology next week in an unspecified European market, a senior executive said on Wednesday. The product, called iFuse, will make use of the

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.