Altria Group, Inc. (Philip Morris)

Philip Morris lost the case against Australia in The Hague. Last year, it was ordered to pay Australia's claim for legal costs. Australia successfully argued Philip Morris had to pay its court fees and expenses, the cost of expert witnesses, travel, and solicitors and counsel. Australia had told the court its claim for ...

Shares of Altria Group, Inc. (NYSE: MO) dipped last month, falling 10% according to data from S&P Global Market Intelligence as the company reported disappointing sales growth in its fourth quarter and investors reacted to recent changes in the tobacco giant's management. As the chart below shows, the ...

Speaking at a recent analyst conference, Altria president, chairman, and CEO Marty Barrington said that over the past five years, the tobacco company's smokeable products segment, which includes Philip Morris USA, John Middleton, and Nat Sherman, grew adjusted operating income at a compounded ...

Brian W. Quigley, president and chief executive officer of the U.S.-based Smokeless Tobacco Co., a subsidiary of Altria Group, decreased his direct ownership in the tobacco giant by selling 3,464 shares at a price of $62.4 per share. Quigley's holdings, which include restricted stock units for 10,878 shares, ...

Altria Group (MO) is a core holding for many income-focused investors, especially for those building a dividend growth portfolio. Rightfully so, after all the tobacco giant has a great dividend history and keeps growing, albeit being in a non-growth industry. Altria has increased its dividend 52 times in the past ...

Therefore, it would make sense for Philip Morris and Altria to recombine in order to share the R&D expenses and improve their efficiency. In addition, it is much more efficient to have a single company operating the process for the regulatory approval of IQOS as reduced-risk products. FDA has not accepted ...

Altria raised its quarterly dividend by 6.70% to 70 cents/share just last week. This was the second dividend increase over the past year. I believe that the company is solid, and has the ability to continue growing earnings and dividends into the future. I also believe that the company is attractively valued ...

Philip Morris has committed itself to making every smoker worldwide give up cigarettes, and it wants them to switch to the iQOS. It has committed billions of dollars to the campaign despite resistance from anti-smoking activists. When it hits the U.S., the wave may be substantial enough to carry Altria higher.

Richmond-based Altria Group Inc. is the parent company for Philip Morris USA, John Middleton, U.S. Smokeless Tobacco Co., Nu Mark and Ste. Michele Wine Estates. The brand portfolios of Altria's tobacco operating companies include Marlboro, Black & Mild, Copenhagen, Skoal, MarkTen and Green ...