Why TAAT Global Alternatives Inc could be a threat to the tobacco industry (TOBAF, PM, MO, BTI, VGR, IMBBY)

The tobacco industry has been a darling of investors in the 20 th century. Tobacco stocks were among the best performers, benefiting from an addictive, highly profitable, recession-proof product, plus a reputation for offering generous dividend yields to investors. However, next-generation products like e-cigarettes and vaporizers, which circumvent some of the drawbacks of smokable cigarettes […]

Altria Group Inc (NYSE:MO) Earns On Higher Cigarette Sales

Boston, MA 10/28/2013 (wallstreetpr) – Altria Group Inc. (NYSE:MO)’s strategy to pay off debt early gave results with its quarterly profit doubling. The profits were also helped by lower legal settlements as well as increase in sales, and prices of cigarettes and smoke-less products. The earnings were $1.39 billion up from $657 million recorded for the […]

Rating Upgrades For Altria Group Inc (NYSE:MO) Before Quarterly Results

Boston, MA 10/21/2013 (wallstreetpr) – The holding company of Phillip Morris brand of tobacco products, Altria Group Inc (NYSE:MO) is set to announce its third quarter results on Oct. 24, 2013. But it seems that markets in general are having a positive vibe about the numbers. Many rating agencies and research houses have upped the target price […]