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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.
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...
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.
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.
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...
Industry cigarette volume has been surprisingly strong and the pricing momentum is likely to be continued in the first quarter, says Wells Fargo.
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.
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...
Altria reported fourth-quarter and full-year 2014 results before markets opened Friday morning.
Before the opening bell on Friday morning, Altria is scheduled to report fourth-quarter and full-year earnings.
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.
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...
Philip Morris International addressed investors Wednesday morning at the Morgan Stanley Global Consumer & Retail Conference in New York.
Altria Group reported mixed third-quarter 2014 results before markets opened Thursday morning.
Kimree Inc. has filed an F-1 statement with the U.S. Securities and Exchange Commission (SEC) for an initial public offering.