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By revenue, earnings and market cap, Phillip Morris is bigger than Altria. And since the last major bear market bottom in 2009, its shares have generally outperformed Altria.
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ThinkstockReynolds American Inc. (NYSE: RAI) and Lorillard, Inc. (NYSE: LO) are near sealing the deal where Reynolds will purchase Lorillard. The closing date is set for Friday, June 12, and is...
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In a piece of news that should hearten the cigarette industry and send chills down the spines of world health officials, a new study claims that a billion adults smoke tobacco worldwide.
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Based on current trends among smokers in the United States, Altria's plan is to increase the price of cigarettes could have large implications for the tobacco industry as a whole.
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ThinkstockAltria Group Inc. (NYSE: MO) released its first-quarter financial results Thursday before the market opened as $0.63 in earnings per share (EPS) and $5.8 billion in revenue. That compared...
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Industry cigarette volume has been surprisingly strong and the pricing momentum is likely to be continued in the first quarter, says Wells Fargo.
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A recent Quinnipiac University Swing State Poll shows that voters in the swing states of Florida, Ohio and Pennsylvania now support legalization of marijuana use.
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Many investors and many speculators are betting that the field of medical marijuana and legalized marijuana or cannabis will be the next multibillion dollar frontier creating waves of new...
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Altria reported fourth-quarter and full-year 2014 results before markets opened Friday morning.
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Before the opening bell on Friday morning, Altria is scheduled to report fourth-quarter and full-year earnings.
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While smoking in the United States is at perhaps the lowest levels ever, the habit is still widely practiced around the rest of the world.
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ThinkstockThere are more than 300 million smokers in China and another 740 million Chinese who are exposed to second-hand smoke each year. The government is looking to reduce those numbers by banning...
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Philip Morris International addressed investors Wednesday morning at the Morgan Stanley Global Consumer & Retail Conference in New York.
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Altria Group reported mixed third-quarter 2014 results before markets opened Thursday morning.
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Kimree Inc. has filed an F-1 statement with the U.S. Securities and Exchange Commission (SEC) for an initial public offering.
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