http://www.advfn.com/nyse/rss.asp?symbol=MO Altria Company Newsfeed en Tue, 21 May 2013 17:04:13 EDT Tue, 21 May 2013 17:04:13 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57673595&headline=lorillard-adds-500-million-to-share-repurchase-program http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57673595&headline=lorillard-adds-500-million-to-share-repurchase-program <div class='newsbody'><pre> By John Kell </pre> <p> Lorillard Inc. (LO) has authorized an additional $500 million in share repurchases under the tobacco maker's buyback program, a move that doubles the amount of stock the company can buy. </p> <p> Buybacks are one of the greatest drivers behind the tobacco... Tue, 21 May 2013 17:04:13 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57320391&headline=altria-1q-net-rises-16-on-credit-higher-prices http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57320391&headline=altria-1q-net-rises-16-on-credit-higher-prices <div class='newsbody'><p> Altria Group Inc.'s (MO) first-quarter profit jumped 16% due to a credit tied to a landmark tobacco settlement, as well as higher pricing for cigarettes and smokeless products. </p> <p> The maker of Marlboro, L&amp;M and other cigarette brands has been gaining market share the... Thu, 25 Apr 2013 08:00:18 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57320197&headline=altria-first-quarter-net-rises-16-on-credit-higher-prices http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57320197&headline=altria-first-quarter-net-rises-16-on-credit-higher-prices <div class='newsbody'><pre> By John Kell </pre> <p> Altria Group Inc.'s (MO) first-quarter profit jumped 16% due to a credit tied to a landmark tobacco settlement, as well as higher pricing for cigarettes and smokeless products. </p> <p> The maker of Marlboro, L&amp;M and other cigarette brands has been... Thu, 25 Apr 2013 07:54:05 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57310935&headline=rising-e-cig-popularity-hurting-traditional-cigarette-demand http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57310935&headline=rising-e-cig-popularity-hurting-traditional-cigarette-demand <div class='newsbody'><pre> By John Kell </pre> <p> U.S. cigarette volumes, weakened recently as higher energy prices and an increase to payroll taxes dented consumers' wallets, are also being cannibalized by the soaring popularity of e-cigarettes. </p> <p> Lorillard Inc. (LO) and Reynolds American Inc... Wed, 24 Apr 2013 15:22:29 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57302915&headline=lorillard-1st-quarter-net-up-47-on-gain-e-cigarettes-boost http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57302915&headline=lorillard-1st-quarter-net-up-47-on-gain-e-cigarettes-boost <div class='newsbody'><pre> By John Kell </pre> <p> Lorillard Inc.'s (LO) first-quarter profit jumped 47% due to a credit tied to a landmark tobacco settlement, as well as sales from an electronic-cigarettes business the tobacco producer acquired last year. </p> <p> The No. 3 U.S. cigarette producer... Wed, 24 Apr 2013 08:00:03 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57033499&headline=altria-ceos-2012-pay-more-than-doubled-to-12-1-million http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57033499&headline=altria-ceos-2012-pay-more-than-doubled-to-12-1-million <div class='newsbody'><p> Total pay for Altria Group Inc.'s (MO) chairman and chief executive, Marty Barrington, more than doubled to $12.1 million last year, as he took over those roles at the tobacco company in May. </p> <p> According to a filing with the Securities and Exchange Commission, most of... Thu, 04 Apr 2013 13:40:10 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57033164&headline=altria-ceo-barringtons-2012-pay-more-than-doubled-to-12-1-million http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=57033164&headline=altria-ceo-barringtons-2012-pay-more-than-doubled-to-12-1-million <div class='newsbody'><pre> By John Kell </pre> <p> Total pay for Altria Group Inc.'s (MO) chairman and chief executive, Marty Barrington, more than doubled to $12.1 million last year, as he took over those roles at the tobacco company in May. </p> <p> According to a filing with the Securities and Exchange... Thu, 04 Apr 2013 13:11:49 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=56999340&headline=california-tobacco-bond-sale-a-hit-with-investors http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=56999340&headline=california-tobacco-bond-sale-a-hit-with-investors <div class='newsbody'><pre> By Mike Cherney </pre> <p> California on Tuesday had little trouble selling $380 million in municipal bonds backed by revenue from tobacco companies, even as litigation deepens over a payment dispute related to the companies' lost market share. </p> <p> Taking advantage of... Tue, 02 Apr 2013 16:50:52 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=56385924&headline=philip-morris-to-begin-next-round-of-studies-for-new-products http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=56385924&headline=philip-morris-to-begin-next-round-of-studies-for-new-products <div class='newsbody'><p> --Philip Morris this year will kick off round of studies for new tobacco products </p> <p> --Consumers showing greater willingness to try alternatives to conventional cigarettes </p> <p> --U.S.-focused Altria also developing new products </p> <pre> By John Kell </pre> <p> Philip... Wed, 20 Feb 2013 12:13:13 EST http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=56299629&headline=deal-for-heinz-would-rank-as-largest-food-focused-company-takeover http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=56299629&headline=deal-for-heinz-would-rank-as-largest-food-focused-company-takeover <div class='newsbody'><pre> By Drew FitzGerald </pre> <p> A $28 billion offer for H.J. Heinz Co. (HNZ), including debt, would rank as the largest-ever takeover of a pure-food producer, according to research firm Dealogic. </p> <p> Warren Buffett's Berkshire Hathaway Inc. (BRKA, BRKB) on Thursday partnered... Thu, 14 Feb 2013 11:06:33 EST http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=56081500&headline=altria-profit-up-32-on-stronger-cigarette-volume http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=56081500&headline=altria-profit-up-32-on-stronger-cigarette-volume <div class='newsbody'><p> Altria Group Inc.'s (MO) fourth-quarter earnings jumped 32% as the tobacco company reported higher cigarette volume despite the broader industry's decline, as well as strength for smokeless products like Skoal. </p> <p> For the new year, Altria sees an adjusted per-share profit... Thu, 31 Jan 2013 08:10:10 EST http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=56080866&headline=altria-4th-quarter-profit-up-32-on-stronger-cigarette-volume http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=56080866&headline=altria-4th-quarter-profit-up-32-on-stronger-cigarette-volume <div class='newsbody'><pre> By John Kell </pre> <p> Altria Group Inc.'s (MO) fourth-quarter earnings jumped 32% as the tobacco company reported higher cigarette volume despite the broader industry's decline, as well as strength for smokeless products like Skoal. </p> <p> For the new year, Altria sees... Thu, 31 Jan 2013 07:58:35 EST http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=55521103&headline=tobacco-companies-resolve-payment-adjustment-disputes-with-17 http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=55521103&headline=tobacco-companies-resolve-payment-adjustment-disputes-with-17 <div class='newsbody'><pre> By Kristin Jones </pre> <p> Altria Group Inc.'s (MO) Philip Morris USA, Lorillard Inc. (LO) and other tobacco companies have resolved disputes with 17 U.S. states, Puerto Rico and Washington D.C. related to payment adjustments on the landmark 1998 tobacco settlement. </p> <p>... Tue, 18 Dec 2012 18:46:32 EST http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=55256326&headline=tobacco-producers-raise-list-price-on-cigarettes http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=55256326&headline=tobacco-producers-raise-list-price-on-cigarettes <div class='newsbody'><p> --Altria is pushing through price increase of six cents per pack across all cigarette brands </p> <p> --Move later mirrored by Reynolds American, Lorillard </p> <p> --Altria's price hike enacted on shipments effective Dec. 3, rivals' increase takes effect on Friday </p> <p>... Fri, 30 Nov 2012 07:10:06 EST http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=55240748&headline=altria-leads-peers-by-enacting-new-price-increase-on-cigarettes http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=55240748&headline=altria-leads-peers-by-enacting-new-price-increase-on-cigarettes <div class='newsbody'><p> --Altria is pushing through a six-cent per-pack price increase across all cigarette brands </p> <p> --The maker of Marlboro and L&amp;M cigarettes will enact the rise on shipments effective Dec. 3 </p> <p> --Reynolds American, Lorillard haven't yet matched Altria's move </p> <pre>... Thu, 29 Nov 2012 10:33:15 EST http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=55024170&headline=cigarette-price-increase-could-be-on-horizon-for-tobacco-firms http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=55024170&headline=cigarette-price-increase-could-be-on-horizon-for-tobacco-firms <div class='newsbody'><p> --Wells Fargo predicts tobacco firms may enact a new round of cigarette price increases next month </p> <p> --Higher prices won't necessarily help profitability as industry's players have heightened promotions recently </p> <p> --Altria typically leads on pricing action, followed... Wed, 14 Nov 2012 13:45:18 EST http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=54977164&headline=reynolds-americans-new-products-should-bolster-bottom-line http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=54977164&headline=reynolds-americans-new-products-should-bolster-bottom-line <div class='newsbody'><p> --New smoke-free products hitting the market should eventually help lift the company's bottom line </p> <p> --Products being launched as Reynolds American faces difficult operating environment as cigarette volume declines </p> <p> --Reynolds American launching e-cigarette, nicotine... Mon, 12 Nov 2012 16:51:18 EST http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=54687772&headline=altria-3rd-quarter-profit-down-44-on-debt-extinguishment-charge http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=54687772&headline=altria-3rd-quarter-profit-down-44-on-debt-extinguishment-charge <div class='newsbody'><pre> By Nathalie Tadena </pre> <p> Altria Group Inc.'s (MO) third-quarter earnings fell 44% as a charge related to the early extinguishment of debt weighed on the tobacco company's bottom-line results, though revenue grew more than expected. </p> <p> The company also added $500... Thu, 25 Oct 2012 08:16:26 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=54677582&headline=tobacco-producers-hiking-promotions-in-fight-for-market-share http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=54677582&headline=tobacco-producers-hiking-promotions-in-fight-for-market-share <div class='newsbody'><p> --Reynolds American, Lorillard tout plans to get more aggressive on cigarette pricing </p> <p> --Tobacco producers are positioning themselves to combat promotions offered by rival Altria </p> <p> --Altria has sought to increase market share and improve volume by offering promotions... Wed, 24 Oct 2012 16:19:41 EDT http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=54652819&headline=correction-to-reynolds-american-3rd-quarter-earnings-story http://www.advfn.com/nyse/StockNews.asp?stocknews=MO&article=54652819&headline=correction-to-reynolds-american-3rd-quarter-earnings-story <div class='newsbody'><p> "Reynolds American Third-Quarter Profit Rose 6.6% Amid Improved Margins," published at 7:39 a.m. EDT, incorrectly stated in the seventh paragraph that R.J. Reynolds Tobacco's total market share in the third quarter of 2011 was 27.2%. The correct figure is 27.4%. </p> <p> Subscribe... Tue, 23 Oct 2012 08:56:34 EDT