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Shares of Altria (NYSE: MO), the tobacco giant best known as the domestic maker of Marlboro cigarettes, were heading lower after its guidance for 2025 disappointed investors. Marlboro's market ...
On March 30, 2007, Altria's 88.1% stake in Kraft Foods was spun off, through a distribution of the remaining stake of shares (88.1%) to Altria shareholders. That same year, Altria began selling all its shares of Philip Morris International to Altria stockholders, a spin-off that was completed on March 28, 2008.
Its share price was down 4.3% as of 12:30 p.m. ET today, ... With today's pullback, Altria now trades at roughly 9.5 times this year's expected earnings and has an 8.1% dividend yield. For ...
Shares of Altria (NYSE: MO) have had a great run over the past year, gaining more than 30% in value. Third-quarter 2024 earnings got investors particularly excited, with the stock rallying sharply ...
The market was clearly impressed how management is coping with the company's challenging situation.
Altria Group (NYSE: MO) has emerged as a surprising stock market winner in 2024, propelled by an impressive earnings rebound. At the time of this writing, its shares had surged by 41% this year to ...
Altria, Marlboro-maker and parent company of Philip Morris USA, last week announced its intention to sell 35 million shares of Anheuser-Busch InBev, the makers of Bud Light and Michelob. The deal ...
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