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(ShareCast News) - Sell shares in BHP Billiton, said the Sunday Times' Inside the City column. A recent $6.5bn fundraising was arranged as a 'hybrid' issue as the company seeks to protect its A+ rating. The mining giant said it will use the cash for working capital and to pay down debt, but some vie
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By Jessica Dye NEW YORK, Sept 30 (Reuters) - U.S. tobacco companies on Wednesday filed a lawsuit against the U.S. Food and Drug Administration hoping to stop the agency from enforcing a directive on changes to a tobacco product's labeling or quantity. The lawsuit brought by subsidiari
Read more(ShareCast News) - The FTSE 100 was down 40.21 points (0.67%) mid-afternoon to 5,918.65. After a dismal day on Monday, Glencore led the market risers after Citigroup and Bernstein both said the market had exaggerated concerns about the company's financial health. It's a big turnaround, after shares
Read more(ShareCast News) - A carve-up of Imperial Tobacco is back on the table, with speculation in that regard sending the stock up by 13% over the past month and by 6% in just the last week. British American Tobacco and Japan Tobacco considered just that in 2012 and following Anheuser-Busch InBev's approa
Read more(ShareCast News) - The tobacco industry is looking to the future despite regulation in all its forms. The Global Tobacco and Nicotine Forum is taking place in Bologna, Italy this week. Speakers included chief executives, R&D heads, regulatory experts, World Trade Organisation lawyers and health cam
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