{"id":4267,"date":"2018-11-12T11:35:57","date_gmt":"2018-11-12T11:35:57","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/tobacco-shares-hit-on-us-menthol-ban-fear\/"},"modified":"2018-11-12T11:35:57","modified_gmt":"2018-11-12T11:35:57","slug":"tobacco-shares-hit-on-us-menthol-ban-fear","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/tobacco-shares-hit-on-us-menthol-ban-fear\/","title":{"rendered":"Tobacco shares hit on US menthol ban fear"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape no-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"A woman smoking\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/B3FD\/production\/_104277064_smokinggettyimages-881871528.jpg\" width=\"976\" height=\"549\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Getty Images<\/span><\/p>\n<p>            <\/span><\/p>\n<\/figure>\n<p class=\"story-body__introduction\">Shares in two tobacco giants have been hit by reports that US regulators are planning to ban menthol cigarettes.<\/p>\n<p>Shares in British American Tobacco fell 9% to their lowest level for nearly five years, while Imperial Brands shares fell 4%.<\/p>\n<p>A report in the Wall Street Journal claimed the US Food and Drugs Administration would impose the ban.<\/p>\n<p>Analysts said menthol cigarettes sales account for a quarter of BAT&#8217;s earnings and a tenth of Imperial Brands&#8217;.<\/p>\n<p>The newspaper report suggested the US authorities are planning a ban just days after cracking down on flavoured e-cigarettes.<\/p>\n<p>BAT owns one of the most popular menthol brands, Newport, after it splashed out $49bn (\u00a338bn) on rival RJ Reynolds last year. <\/p>\n<p><!-- ONE DAY CHART --><\/p>\n<p>Analysts at Barclays estimated US sales of menthol cigarettes account for around 25% of BAT&#8217;s annual underlying earnings and around 11% of Imperial Brands&#8217;s earnings.<\/p>\n<p>But the menthol ban could take up to two years to come into force, with a year for the rules to be finalised and a further year for the ban to be enforced in the marketplace.<\/p>\n<p>In 2013, the Food and Drugs Administration concluded that menthol cigarettes are harder to quit and pose a greater health risk than regular cigarettes.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-46178410\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Getty Images Shares in two tobacco giants have been hit by reports that US regulators are planning to ban menthol cigarettes. Shares in British American Tobacco fell 9% to their lowest level for nearly five years, while Imperial Brands shares fell 4%. A report in the Wall Street Journal claimed the US Food &hellip; <\/p>\n","protected":false},"author":0,"featured_media":4268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=4267"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/4268"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=4267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=4267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=4267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}