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The Latest Breaking News from Altria

Altria’s Option Activity Wednesday Was Smokin’: Time to Buy?

The cigarette company’s option volume on Wednesday was 447,790 on the day. You have to go back to Sept. 13, 2021, to find a day where the volume was higher. Altria’s options volume yesterday was nearly 12x its 30-day average. Something is up.

Barchart

Twitter's rebrand to X shifts the focus to Musk's 'everything app' plans but here's why he might have moved too early

A succession of upheavals have characterised Elon Musk’s leadership of Twitter since he acquired the social media platform in November 2022 – from his U-turns on the acquisition, to firings and rehirings and a significant drop in advertising revenue. But his latest move is the most significant: abandoning the globally…

The Conversation

Minnesota gets $60.5M in settlement with e-cigarette maker Juul, tobacco giant Altria

Minnesota says it settled its lawsuit against e-cigarette maker Juul Labs and tobacco giant Altria for $60.5 million

The Independent UK

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What's next for Juul after e-cigarette maker's latest settlements

Juul has now settled cases with 48 states and territories.

Axios

Minnesota settles case against e-cigarette maker Juul

Minnesota announced a settlement Monday in its lawsuit against Juul Labs and tobacco giant Altria — the first of thousands of cases against the e-cigarette maker to reach trial — just ahead of closing arguments

The Independent UK

12-year-olds can't buy cigarettes — but they can work in tobacco fields

Child labor rules in agriculture are looser than those in other industries, even for tasks that are dangerous. For all tobacco laborers, but especially kids, the work can cause nicotine poisoning.

WEKU

Best Cash Cows to Buy

These cash cows and their bulletproof balance sheets are built to weather Wall Street's and Main Street's prevailing storms.

Kiplinger

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Altria Pivots Post-Juul: This Week in Cannabis Investing

Following its failed investment in Juul, Altria is exploring other smoke-free industries.

Kiplinger

Minnesota youth vaping trial of e-cigarette maker Juul opens

Minnesota Attorney General Keith Ellison plans to lead the opening statements Tuesday in his state’s lawsuit against Juul Labs

The Independent UK

Minnesota suit against e-cigarette maker Juul goes to trial

Minnesota Attorney General Keith Ellison is slated to lead off opening statements expected Tuesday in his state’s lawsuit against Juul Labs

The Independent UK

Altria makes $2.75B investment in e-cigarette startup NJOY

Days after exiting its stake in troubled electronic cigarette maker Juul Labs, Altria announced a $2.75 billion investment in electronic cigarette startup NJOY Holdings Inc. As part of the deal, tobacco company Altria Group Inc., which makes Marlboro cigarettes, will have full global ownership of NJOY’s e-vapor product portfolio, including…

The Independent UK

Highest-Yielding Dividend Stocks in the S&P 500

Conagra, Campbell's and Healthpeak Properties head the list of the highest-yielding dividend stocks in the S&P 500. Some of the other names might surprise you.

Kiplinger

Juul settles more than 5,000 lawsuits over its vaping products

Juul Labs has reached settlements covering cases brought by about 10,000 plaintiffs related to its vaping products. Buffeted by lawsuits, Juul announced hundreds of layoffs last month.

WEKU

Juul reaches settlements covering more than 5,000 cases

Electronic cigarette maker Juul Labs has reached settlements covering more than 5,000 cases brought by about 10,000 plaintiffs related to its vaping products

The Independent UK

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StockNews.com

2 Tobacco Stocks to Buy Before It Gets Too Late

Amid increased health awareness, tobacco usage has declined over the past years. However, the U.S. is still a leading tobacco producer. And given the introduction of new products and sticky consumer habits, the industry should witness stable growth. Thus, investors should buy fundamentally strong tobacco stocks Altria Group (MO) and…

StockNews.com

5 High-Quality Stocks to Buy When There’s Blood on Wall Street

Although the pace of rate hikes could slow, as hinted in the latest Fed statements, a recession still seems imminent. Amid the uncertainties, investors could consider buying high-quality stocks PepsiCo (PEP), United Parcel Service (UPS), Altria Group (MO), Waste Management (WM), and Sprouts Farmers Market (SFM). Keep reading….

StockNews.com

The 4 Best Stocks to Buy for the Rest of 2022

Since the sky-high inflation persisted in September, the Fed is expected to launch another 75-basis-point rate hike this week. The stock market has been under pressure this year as investors remained anxious about the possibility of a recession. However, some fundamentally strong stocks, such as Altria Group (MO), Cummins (CMI),…

WEKU

How McKinsey cashed in by consulting for both companies and their regulators

When McKinsey Comes to Town authors Walt Bogdanich and Michael Forsythe say the consulting firm helped companies boost tobacco and opioid sales — while at the same time working for the FDA.

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Benzinga

EXCLUSIVE: Curaleaf Founder Boris Jordan Says Cannabis Drinks Will Be 50% Of The Industry

The future success of the cannabis industry is directly tied to decriminalization and regulation. That's among the topics being discussed at the 2022 Benzinga Cannabis Capital Conference in Chicago.

Salon

Juul just lost a big battle

The e-cigarette company was being investigated by more than 30 states for allegedly marketing its products to youth

Chicago Sun-Times

Juul Labs, target of $440 million settlement, has given Illinois pols over $120,000 since 2020

Illinois House Speaker Emanuel ‘Chris’ Welch has been a major recipient of the company’s giving, campaign-finance records show.

Benzinga

This Tobacco Giant Among 3 High Yielding Stocks That Have Increased Dividend Yields To Over 5%

Companies in the S&P 500 that consecutively raise dividends for over 25 years and 50 years, are known as dividend aristocrats and kings, respectively. When hunting for dividend stocks, it can prove to be beneficial investing in corporations that consecutively raise dividends. Here are three dividend stocks that have raised dividend…

StockNews.com

The Smartest Tobacco Stock to Buy for the Long Haul

Altria Group (MO) reported weak second-quarter revenues but reaffirmed its EPS guidance range for 2022. While the stock may remain under pressure in the near term due to the broader market volatility, the company’s strong profitability and reasonable valuation make it a solid long-term investment. Read on….

The Independent UK

Altria's $13B Juul investment has lost 95% of its value

Altria reports its nearly $13 billion investment in troubled vaping company Juul is worth 95% less than it originally paid

Benzinga

Things To Note As Philip Morris (PM) Lines Up For Q2 Earnings

Philip Morris International Inc. (NYSE: PM) is likely to register a top and bottom-line decline when it reports second-quarter 2022 earnings on Jul 21.

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