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Altria Stock Has Bigger Problems Than COVID-19

Since the beginning of the year, tobacco giant Altria saw its stock price dive. Investors may wonder if the dividend is safe......»»

Category: blogSource: 247wallstApr 14th, 2020

Does Altria Stock Offer More Than a Pretty Dividend?

It's no secret that Altria enjoys its relative position in the hearts of Wall Street traders because of its dividend yield. Can the tobacco products giant maintain that high yield?.....»»

Category: blogSource: 247wallstMar 19th, 2020

Altria stock slammed as Juul stake leads to another multi-billion charge

Shares of tobacco giant Altria Group Inc. were slammed Thursday, after the company swung to a big loss for the fourth quarter, weighed down by a $4.1 billion impairment charge on its investment in e-cigarette maker Juul Labs......»»

Category: topSource: marketwatchJan 30th, 2020

Altria stock boosted by news of acquisition of nicotine pouch business On!

Altria Group Inc. shares rose Monday after the tobacco giant said it has reached a deal with privately held Swiss company Burger Sohne Holding AG that will give it an 80% stake in a nicotine pouch business......»»

Category: topSource: marketwatchJun 3rd, 2019

Marijuana Stock Aphria Is Edging Higher

The company says it has no deal to announce with Altria Group, after a report that the tobacco giant was taking a stake in the Canadian company......»»

Category: topSource: barronsOct 15th, 2018

Will New Leadership Boost Altria Stock?

Altria’s investments in Juul and Cronos Group weigh on investor sentiment even though core tobacco business looks strong......»»

Category: blogSource: 247wallstMay 15th, 2020

Would Better Management Boost Altria Stock?

Altria’s investments in Juul and Cronos Group weigh on investor sentiment even though core tobacco business looks strong......»»

Category: blogSource: 247wallstMay 15th, 2020

Do Cheap Cigarettes Really Threaten Altria Stock?

With investments in booze, pot, tobacco and e-cigarettes, Altria has the sin category just about covered. However, the COVID-19 outbreak may indicate that the cost of sin has limits......»»

Category: blogSource: 247wallstMay 6th, 2020

How COVID-19 Pandemic Is Stalling Philip Morris Stock

Tobacco giant Philip Morris reported first-quarter earnings and sales that beat estimates but withdrew its full-year guidance due to the unknown impact of the COVID-19 outbreak. That has weakened........»»

Category: blogSource: 247wallstApr 21st, 2020

Altria Stock Goes Up in Smoke as It Looks to Expand

Altria decided to hedge traditional tobacco industry bets with a huge investment in Juul, the electronic cigarette company. But that was before Juul was clobbered by federal regulators......»»

Category: blogSource: 247wallstFeb 27th, 2020

Altria downgraded to sell on concerns about headwind posed by new minimum age for buying tobacco

CFRA downgraded Altria Group Inc. stock to sell from hold on Friday and said it expects a change in the minimum age for buying tobacco is a big headwind. Analyst Garrett Nelson lowered his 12-month price target to $44 from $50.....»»

Category: topSource: marketwatchJan 17th, 2020

Will Altria Stock Be Hammered by Tobacco Products Falloff?

Altria Group has its roots in a business that is over a century old. Tobacco and cigarettes may not have the market they used to, but there’s still money to be made......»»

Category: blogSource: 247wallstJan 10th, 2020

The History of Altria Stock Indicates That Now is the Time To Buy

InvestorPlace - Stock Market News, Stock Advice & Trading T.....»»

Category: topSource: investorplaceOct 19th, 2019

Bulls And Bears Of The Week: Altria, Apple, Netflix, Slack And More

Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included a FANG stock and tobacco and health care giants. Bearish calls included the iPhone maker and a struggling old-school conglomerate. read more.....»»

Category: blogSource: benzingaAug 31st, 2019

Philip Morris in merger talks with Altria; e-cigs at stake

Philip Morris International Inc and Altria Group Inc are discussing an all-stock merger, potentially reuniting two of the world's largest tobacco companies in a bid to dominate the fast-growing electronic-cigarette market......»»

Category: topSource: reutersAug 27th, 2019

Philip Morris in talks to reunite with Altria in all-stock deal

Philip Morris International, the maker of Marlboro cigarettes in overseas markets, is in merger talks with Altria Group about a deal that would reunite the tobacco giants more than 10 years after they split their operations......»»

Category: topSource: moneycentralAug 27th, 2019

Philip Morris in talks to reunite with Altria in all-stock deal

Philip Morris International, the maker of Marlboro cigarettes in overseas markets, is in merger talks with Altria Group about a deal that would reunite the tobacco giants more than 10 years after they split their operations......»»

Category: topSource: moneycentralAug 27th, 2019

Philip Morris in talks to reunite with Altria

Philip Morris International Inc and Altria Group Inc are in talks for an all-stock merger, potentially reuniting the tobacco giants after more than a decade in a deal aimed at dominating the fast-growing e-cigarette market......»»

Category: topSource: reutersAug 27th, 2019

Philip Morris in talks to merge with Altria

Philip Morris International Inc and Altria Group Inc said on Tuesday they were in talks for an all-stock merger, potentially reuniting the tobacco giants after more than a decade......»»

Category: topSource: reutersAug 27th, 2019

Why Life Insurance Is Actually a Natural Choice for Philip Morris Stock

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tobacco giant Philip Morris’ move into lif.....»»

Category: topSource: investorplaceMay 3rd, 2019