Search results
Results from the WOW.Com Content Network
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.
The company also has a strong balance sheet, leveraged at a reasonable 2.1 times Altria's EBITDA, not including an $8.2 billion stake in Anheuser-Busch InBev. Altria stock yields 7.7% at its ...
Altria Group (NYSE: MO) Q4 2024 Earnings Call Jan 30, 2025, 9:00 a.m. ET. ... our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to ...
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 ...
On January 27, 2003, Philip Morris Companies Inc. changed its name to Altria Group, Inc. [10] Even under this new name, Altria continues to own 100% of Philip Morris USA (abbreviated PM USA). In the fall of 2003, Philip Morris USA moved its headquarters from New York City to Richmond, Virginia.
In 2023, Altria acquired e-cigarette company Njoy. At the time, it believed that the deal would have a positive effect on cash flow by 2025 and be accretive to its adjusted earnings by 2026.
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.The stock has ...
This page was last edited on 28 August 2010, at 02:44 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...