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The Latest Breaking News from Altria

5 Inexpensive Blue-Chip Stocks to Add to Your Portfolio

The increasing concerns over a potential recession has kept equities under pressure lately. Given this backdrop, inexpensive blue-chip stocks of Enterprise Products Partners (EPD), Flowers Foods (FLO), The Kroger (KR), Altria Group (MO), and Comcast Corp. (CMCSA) could be solid additions to your portfolio. Continue reading.

StockNews.com

Stock Market Mixed As Powell Testifies To Congress; Oil Stocks Resume Slide

The stock market was mixed Wednesday as Fed Chairman Jerome Powell defended the Fed's monetary policy before Congress.

Investors Business Daily

Why Altria Stock Is Down More Than 8% Today

Altria Group Inc (NYSE: MO) shares are trading lower Wednesday following reports the U.S. Food and Drug Administration is preparing to remove Juul e-cigarettes from the U.S. market.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Altria Stock Rebounds, Even As This Decision Threatens To Vaporize Juul Investment

Altria stock rebounded on Thursday, after sliding Wednesday, as the FDA ordered Juul to stop selling its products in the U.S.

Investors Business Daily

5 Blue Chip Dividend Stocks Yielding More Than 4%

The stock markets pulled back yesterday after the Fed rate hike amid recessionary concerns. Considering the volatile market backdrop, investing in dividend-paying blue-chip stocks AT&T (T), LyondellBasell Industries N.V. (LYB), The Bank of Nova Scotia (BNS), International Business Machines Corp. (IBM), and Altria Group (MO) could be wise.

StockNews.com

Altria Stock Sees Relative Strength Rating Rise To 81

Altria shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 73 to 81.

Investors Business Daily

Why Altria Stock Is Falling Today

Altria Group Inc (NYSE: MO) shares are trading lower Wednesday following bearish analyst coverage from Morgan Stanley.

Benzinga

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Proposed menthol ban highlights debate over ‘sin tax’ revenue

WASHINGTON — A proposed federal ban on menthol cigarettes has underscored the tension lawmakers face in using so-called “sin tax” revenue to fund critical social programs at the state and federal levels.

Tribune News Service

Proposed menthol ban highlights debate over ‘sin tax’ revenue - Roll Call

The FDA’s proposed ban on menthol cigarettes means states would see “sin tax” revenues fall, but vaping taxes are already filling the gap.

Roll Call

Marlboro Maker Altria Clocks 2.4% Revenue Decline In Q1; Reaffirms FY22 EPS Outlook

Altria Group Inc (NYSE:MO) reported a first-quarter FY22 sales decline of 2.4% year-on-year to $5.89 billion. Revenues net of excise taxes fell 1.3% to $4.82 billion. Net revenues for smokeable products increased 0.3%, and oral tobacco products fell 2.1%. Total cigarette volume declined 12%, with Marlboro shipment volume down 11.1%. Marlboro retail share…

Benzinga

Buy the Dip: Schwab, Lyft, Altria, Kimberly-Clark

A fresh take on some of the stocks columnists and writers at TheStreet are looking at closely following recent declines.

The Street

4 Top Stocks to Invest in if We Head into a Recession

Lingering supply crunch and soaring inflation have increased the odds of the Fed raising interest rates aggressively later this year, which could dampen corporate earnings. Moreover, as the GDP is estimated to be lower than the prior estimate, many analysts expect the economy to witness recessionary pressure. Therefore, it could…

StockNews.com

Altria says judge has dismissed lawsuit over Juul investment

Altria says an administrative law judge dismissed a federal lawsuit alleging that its investment into vaping company Juul violates anticompetitive laws

The Independent UK

Altria says it won US antitrust ruling on Juul stake

New York (AFP) - Tobacco giant Altria said Tuesday it prevailed over a US regulatory agency that challenged its investment in vaping company Juul on antitrust grounds.

AFP

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Benzinga

Altria Stock Gains On Q4 Earnings Beat

Altria Group Inc (NYSE:MO) reported fourth-quarter FY21 revenues net of excise taxes of $5.09 billion, +0.6% year-on-year, beating the analyst consensus of $5 billion. Net revenues declined 0.8% to $6.26 billion. Revenue for smokeable products increased 2.3%, and oral tobacco products rose 4.8%. Gross profit climbed 5.4% Y/Y to $3.3 billion. The operating…

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