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Altria Group, Inc. (previously known as Philip Morris Companies, Inc. until 2003) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes, and medical products in the treatment of illnesses caused by tobacco.
Altria (NYSE: MO) is a giant in the cigarette business, with its iconic Marlboro brand holding a huge 42% share of the North American cigarette market and a 59.4% share in the premium space. In ...
Altria Group v. Good , 555 U.S. 70 (2008), was a United States Supreme Court case in which the Court held that a state law prohibiting deceptive tobacco advertising was not preempted by a federal law regulating cigarette advertising.
Stodgy tobacco stock Altria Group (NYSE: MO), most known for selling Marlboro cigarettes in the U.S. and paying hefty dividends to its shareholders, has sprung to life this year.
Altria Group bought a 35% stake in vaping startup JUUL for $12.8 billion back in December 2018.Following the news, RBC Capital’s Nik Modi commented “Altria has written down the value of JUUL ...
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Altria stock appears to offer a reliable 8% dividend yield. Is it too good to be true?