BTI stock news · Reynolds American Inc.
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Reynolds American will invest $3.2 billion to make more smokeless products and create over 2,000 jobs.
Good for BTIReynolds American plans to spend more than $3.2 billion on smokeless products and expects the effort to support over 2,000 jobs. Added pouch capacity is positive for its business shift.
British American Tobacco p.l.c. tells about changes in share ownership managed by Capital Research and Management Company.
NeutralBTI's filing clarifies that Capital Research manages the reported shares for investment funds, rather than owning them itself. It reports no change to BTI's business outlook.
Trump's choice for Surgeon General has investments in tobacco and soda companies while Kennedy fights against sugary drinks and junk food.
NeutralBritish American Tobacco (BTI): The nominee said she will divest her tobacco holdings, including BTI, if confirmed. That disclosure alone does not alter the company's business.