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Altria Group Inc (MO.N)

MO.N on New York Stock Exchange

47.91USD
15 Jan 2019
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Latest Key Developments (Source: Significant Developments)

Tiger Global Said To Get $1.6 Bln From Altria's Juul Deal - Bloomberg
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - :TIGER GLOBAL IS SAID TO GET $1.6 BILLION FROM ALTRIA’S JUUL DEAL - BLOOMBERG, CITING SOURCES.  Full Article

Juul Employees Get A Special $2 Billion Bonus From Tobacco Giant Altria
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - :JUUL EMPLOYEES GET A SPECIAL $2 BILLION BONUS FROM TOBACCO GIANT ALTRIA - CNBC.  Full Article

Altria Nearing Deal To Take A 35 Pct Stake In Juul - WSJ
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - :ALTRIA IS NEARING A DEAL TO TAKE A 35 PERCENT STAKE IN JUUL THAT VALUES THE COMPANY AT $38 BILLION - WSJ, CITING SOURCES.  Full Article

Altria Declares Quarterly Dividend Of $0.80 Per Share
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Altria Group Inc ::ALTRIA DECLARES REGULAR QUARTERLY DIVIDEND OF $0.80 PER COMMON SHARE.  Full Article

Cronos Group Deal With Altria Has A Termination Fee Of $89.1 Mln
Monday, 10 Dec 2018 

Dec 10 (Reuters) - Cronos Group Inc ::CRONOS GROUP INC - DEAL WITH ALTRIA HAS A TERMINATION FEE OF $89.1 MILLION.  Full Article

Cronos Group Says deal With Altria Does Not Limit Potential Partnerships With Other Cos
Friday, 7 Dec 2018 

Dec 7 (Reuters) - Cronos Group Inc ::DEAL WITH ALTRIA DOES NOT LIMIT POTENTIAL PARTNERSHIPS WITH OTHER COMPANIES - CONF CALL.  Full Article

Altria Group In Talks To Take Minority Stake In Juul Labs - CNBC Citing DJ
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - :ALTRIA GROUP IN TALKS TO TAKE SIGNIFICANT MINORITY STAKE IN JUUL LABS; DEAL LIKELY WEEKS AWAY - CNBC CITING DJ.  Full Article

Altria Comments on FDA’s Proposed Steps to tackle underage use of e-vapor products
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Altria Group Inc ::ALTRIA STATEMENT ON FDA’S PROPOSED NEW STEPS.AS OF Q3, PM USA'S MENTHOL RETAIL SHARE WAS 10.2%, OR APPROXIMATELY 20% OF PM USA'S RETAIL SHARE.CONTINUE TO BELIEVE TOTAL BAN ON MENTHOL CIGARETTES, FLAVORED CIGARS WOULD BE AN "EXTREME MEASURE NOT SUPPORTED BY SCIENCE AND EVIDENCE".EXPECT ESTABLISHING PRODUCT STANDARDS ON MENTHOL CIGARETTES & FLAVORED CIGARS WILL BE A MULTI-YEAR, DELIBERATIVE PROCESS."NONE OF FDA'S PROPOSED ACTIONS IS SELF-EXECUTING, EACH WILL REQUIRE FURTHER ACTION BY FDA".ALTRIA GROUP SAYS "WE BELIEVE CONGRESS SHOULD RAISE THE LEGAL AGE OF PURCHASE FOR ALL TOBACCO PRODUCTS TO 21".  Full Article

Altria Q3 Adjusted Earnings Per Share $1.08
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Altria Group Inc ::ALTRIA REPORTS 2018 THIRD-QUARTER AND NINE-MONTHS RESULTS; TIGHTENS 2018 FULL-YEAR EARNINGS GUIDANCE; ANNOUNCES ACTIONS TO ADDRESS UNDERAGE E-VAPOR USE.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $3.95 TO $4.03.Q3 ADJUSTED EARNINGS PER SHARE $1.08.Q3 EARNINGS PER SHARE $1.03.Q3 REVENUE ROSE 1.6 PERCENT TO $6.8 BILLION.Q3 REVENUE VIEW $5.21 BILLION -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE VIEW $1.07 -- THOMSON REUTERS I/B/E/S.ALTRIA TIGHTENS ITS GUIDANCE FOR 2018 FULL-YEAR ADJUSTED DILUTED EPS TO BE IN A RANGE OF $3.95 TO $4.03.ALTRIA EXPECTS ITS 2018 FULL-YEAR ADJUSTED EFFECTIVE TAX RATE WILL BE IN A RANGE OF APPROXIMATELY 23% TO 24%.EXPECTS TO MAINTAIN A DIVIDEND PAYOUT RATIO TARGET OF APPROXIMATELY 80% OF ADJUSTED DILUTED EPS.Q3 EARNINGS PER SHARE VIEW $1.07 -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $4.00 -- THOMSON REUTERS I/B/E/S.ALTRIA - NU MARK WILL REMOVE FROM MARKET MARKTEN ELITE AND APEX BY MARKTEN POD-BASED PRODUCTS UNTIL THESE PRODUCTS RECEIVE A MARKET ORDER FROM FDA.REMAINING MARKTEN AND GREEN SMOKE CIG-A-LIKE PRODUCTS, NU MARK WILL SELL ONLY TOBACCO, MENTHOL AND MINT VARIETIES.ALTRIA - NU MARK WILL DISCONTINUE SALE OF ALL OTHER FLAVOR VARIANTS OF OUR CIG-A-LIKE PRODUCTS UNTIL THESE PRODUCTS RECEIVE A MARKET ORDER FROM FDA.WILL SUPPORT FEDERAL LEGISLATION TO ESTABLISH 21 AS MINIMUM AGE TO PURCHASE ANY TOBACCO PRODUCT.  Full Article

Aphria Responds To Media Reports Regarding Potential Investment
Wednesday, 10 Oct 2018 

Oct 10 (Reuters) - Aphria Inc ::APHRIA RESPONDS TO MEDIA REPORTS REGARDING POTENTIAL INVESTMENT.APHRIA INC - COMPANY NOTES THAT THERE IS NO AGREEMENT, UNDERSTANDING OR ARRANGEMENT IN PLACE WITH A POTENTIAL INVESTOR AT THIS TIME.APHRIA INC - RESPONDED TO A REQUEST FROM IIROC REGARDING REPORTS SAYING CO IS ENGAGED IN DISCUSSIONS REGARDING A POTENTIAL INVESTMENT.  Full Article