The tobacco stock has emerged as a clear winner in the new-look nicotine and tobacco space, where traditional cigarettes and chewing tobacco are losing ground to smoke-free alternatives, such as ...
Last week, Philip Morris International said it had agreed with Altria Group Inc. to end their nearly decade-old partnership involving iQos heated-tobacco products in the United States. iQos devices ...
Tobacco giant Altria Group Inc. is planning a wider rollout of the IQOS device, an alternative to conventional cigarettes, even as the COVID-19 pandemic seems to have slowed a long-term decline in ...
Philip Morris is about to launch its IQOS heat-not-burn product in Texas, entering the U.S. for the first time. The move comes after Altria failed to introduce IQOS. The U.S. market could be a major ...
As it awaits a decision from the Federal Trade Commission on its vaping partnership with Juul Labs Inc., Altria Group Inc. has been ordered to stop importing and marketing iQos tobacco-heating ...
Tobacco giant Altria Group Inc. is expanding the test market for its iQOS device — an alternative to conventional cigarettes — to a third market. The Henrico County-based parent company of Philip ...
Dominion Energy Inc. Executive Chair Thomas F. Farrell II is retiring from Altria Group Inc.‘s board of directors, which he has chaired since April 2020. Farrell has served on the Henrico County-based ...
Altria reported fourth-quarter results that were close to our forecasts, and we are retaining our $52 fair value estimate. 2022 earnings per share guidance of $4.79-$4.93 implies modest upside to our ...
Altria Group stock has performed reasonably well recently. Altria needs to execute its smokeless transition well to lift its well-battered valuation further. Structural headwinds on its legacy tobacco ...
Tobacco giant Altria Group (NYSE: MO) is one of the best-performing stocks of all time, but slowing growth has reduced it to a high-yield income specialist that has badly lagged the broader market for ...