Company News 

BATS, Imperial fall on FDA nicotine cap plans

BATS, Imperial fall on FDA nicotine cap plans

PanaromaShares in big tobacco companies went up in smoke after the Food and Drug Administration (FDA) announced plans to lower the acceptable level of nicotine in cigarettes to “non-addictive levels”. Shares in British American Tobacco (BATS) fell 7 per cent, while Imperial Brands (IMB) was down 4 per cent.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now