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Lorillard Inc. (NYSE:LO) and Reynolds American, Inc. (NYSE:RAI) May Get the Nod for Merger

Lorillard Inc. (NYSE:LO) gained 0.4% in early morning trading on reports that the Federal Trade Commission will approve Reynolds American, Inc.’s (NYSE:RAI) bid for the company. The deal, if approved, will merge the second and third largest cigarette manufacturers in America. The deal will also merge the two most popular brands among young smokers, Camel […]

Altria Group Inc. (NYSE:MO) Recovering Amidst Falling Sales and Increased Lawsuits

Boston, MA 08/12/2014 (wallstreetpr) – The largest tobacco producer in the U.S, Altria Group Inc. (NYSE:MO), has been the subject of increased litigation cases in the U.S as well as falling sales that have cast doubts over its future. The effects of the headwinds have not been detrimental as the company has already retaken its […]

Why Altria Group Inc (NYSE:MO) May Disappoint Lorillard Inc. (NYSE:LO) Sooner Than Later

Boston, MA 06/04/2014 (wallstreetpr) – Although Altria Group Inc (NYSE:MO) is ranked among the largest tobacco companies in the U.S., where it controls more than 50 percent of the market share in cigarette and smokeless tobacco products. However, the company has had little to saw in the electronic cigarette category, at least until recently. As […]

Most Mentioned Stocks: Altria Group Inc (NYSE:MO), Health Care REIT, Inc. (NYSE:HCN), Pharmacyclics, Inc. (NASDAQ:PCYC)

Boston, MA 06/03/2014 (wallstreetpr) – Altria Group Inc (NYSE:MO) will pay a quarterly dividend of $0.48 per share on July 10, to shareholders who will have acquired its share by June 16. The newly declared quarterly dividend represents 4.73 percent on annualized basis.  The company has kept a good fight in the cigarette industry, and […]

Altria Group Inc (NYSE:MO)’s Price Reaches The ‘Zenith’, Projects A Bright Future Ahead

Boston, MA 05/30/2014 (wallstreetpr) – Altria Group Inc (NYSE:MO), a prominent brand in the realm of manufacture and outright sales of cigarettes, pipe tobacco, and other tobacco stuffs and smokeless products, is having a dream run, presumably, as the stock prices are shooting up quite constantly, currently fluttering at its acme – at its 5 year […]

Lorillard Inc. (NYSE:LO)-Reynolds American, Inc. (RAI) Deal To Leave Altria (NYSE:MO) In The Cold

Boston, MA 05/29/2014 (wallstreetpr) – Lorillard Inc. (NYSE:LO) and Reynolds American, Inc. (NYSE:RAI) are reportedly drifting towards a deal in their merger talks. The combination of the two giant cigarette companies may spell doom for Altria Group Inc (NYSE:MO) that enjoys the biggest control of the cigarette industry in the U.S.  According to a recent […]

Altria Group Inc (NYSE:MO): Fire At The Wrong End

Boston, MA 05/05/2014 (wallstreetpr) – Altria Group Inc (NYSE:MO) is a manufacturer of Marlboro cigarettes. It distributed 365,000 multi use flashlights in the month of March this year. It was distributed as part of  Marlboro promotion. In the latest developments, all the flashlights issued for the promotion purposes have been recalled. The flashlights are reported […]

In June, Altria Group Inc (NYSE:MO) Begins National Launches Of Its E-Cigarette

Boston, MA 04/30/2014 (wallstreetpr) – Altria Group Inc (NYSE:MO), the tobacco company that is trying to keep revenue coming even in the midst of challenges brought about by smoking restrictions, plans to roll out its electronic cigarette brand nationally beginning June. The company has faced revenue decline in recent times as regulatory measures around tobacco smoking […]

Altria Group Inc (NYSE:MO): Strong Growth Over Core Tobacco Business

Boston, MA 04/29/2014 (wallstreetpr) – Altria Group Inc (NYSE:MO) reported positive results in the first quarter ended March 31, 2014, and revised the full year (2014) guidance for adjusted diluted EPS. The leading premium brands continue to provide solid growth for its core tobacco business. Core business (smokeable products) continue to drive Altria Group Inc (NYSE:MO)’s […]

Altria Group Inc (NYSE:MO) To Retain Management Of Green Smoke

Boston, MA 04/10/2014 (wallstreetpr) –  Altria Group Inc (NYSE:MO), a manufacturer and marketer of cigarettes and smokeless products, announced the acquisition of Green Smoke Inc. The transaction was at $110 million in cash consideration and about $20 million incentive payment. Green Smoke is maker and marketer of electronic cigarettes. The company sells disposable and rechargeable […]

Stocks Making Headlines Today: Citigroup Inc (NYSE:C), Vale SA (ADR) (NYSE:VALE), Lorillard Inc. (NYSE:LO)

Boston, MA 03/04/2014 (wallstreetpr) – Citigroup Inc (NYSE:C) has revealed that U.S. authorities are probing its compliance with the Bank Secrecy Act and its money laundering controls. This disclosure came in the bank’s regulatory filing and it comes just a few days after the bank announced that it was a victim of about $400 million […]

What’s Up With Yelp Inc (NYSE:YELP), Arch Coal Inc (NYSE:ACI), Altria Group Inc (NYSE:MO)

Boston, MA 02/07/2014 (wallstreetpr) – Yelp Inc (NYSE:YELP) is proving that it is on the right track to a brighter future. The company managed to narrow losses beyond imagination in the recently released earnings results. Net loss of the most recent quarter was $2.1 million, a significant improvement from loss of $5.3 million in the […]

Take This Point: Morgan Stanley (NYSE:MS), Altria Group Inc (NYSE:MO), Xerox Corporation (NYSE:XRX)

Boston, MA 02/04/2014 (wallstreetpr) – Morgan Stanley (NYSE:MS)’s 2 Park Avenue offices are now fully occupied after an existing client extended lease by another 10 years while a new one took the remaining floor spaces. The financial details involved in the latest leases have not been issued, yet it is known that Talbots which deals […]

Pay Attention: PulteGroup, Inc. (NYSE:PHM), Altria Group Inc (NYSE:MO), Verizon Communications Inc. (NYSE:VZ)

Boston, MA 02/03/2014 (wallstreetpr) – PulteGroup, Inc. (NYSE:PHM) is planning to commit more money to the purchase of land this year than it did in 2013. The company stated that an additional $700 million will be used to buy land in 2014 despite the fact that there is a slowdown in the demand for homes […]

Altria Group Inc (NYSE:MO): What Is The Company Doing About Declining Tobacco Sales?

Boston, MA 12/25/2013 (wallstreetpr) – Altria Group Inc (NYSE:MO) is the manufacturer of the popular Marlboro cigarette brand, that is sold in the U.S. and worldwide. The company owns Philip Morris USA, the biggest cigarette maker in the U.S. In 2008, it spun off Philip Morris International to reduce its risk exposure and increase opportunities […]

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