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Image source: Getty Images. Altria is still struggling to grow. Revenue in the quarter was flat at $5.97 billion, though excluding excise taxes, it was up 1.6% to $5.11 billion, which was ahead of ...
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.
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 stock of Altria (NYSE: MO) was losing ground Wednesday following the tobacco company's recent quarterly report. Its share price was down 4.3% as of 12:30 p.m. ET today, according to data from ...
The market was clearly impressed how management is coping with the company's challenging situation.
Altria Group (NYSE:MO) shares are trading higher on Thursday. The company reported third-quarter adjusted earnings per share of $1.38, beating the street view of $1.35. Quarterly sales of $5.334 ...
Altria Group (NYSE: MO) has emerged as a surprising stock market winner in 2024, propelled by an impressive earnings rebound. There's a lot for investors to like about this tobacco giant ...
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 ...