Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

YOU WONT BELIEVE: 2 - You Need To See This

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….

FDA Temporarily Suspends Banning Order On Juul's E-Cigarettes

FDA Temporarily Suspends Banning Order On Juul's E-Cigarettes

The FDA temporarily suspended its ban on sales of the popular e-cigarette maker Juul, backed by Altria Group Inc

Altria is Still a Buy After FDA Orders Pulling JUUL Products Off the Market

Altria is Still a Buy After FDA Orders Pulling JUUL Products Off the Market

Shares of Tobacco giant Altria (MO), a significant stakeholder of Juul Labs, slid last week on the news of the FDA preparing to order removing e-cigarette maker Juul’s products from the U.S. market. However, MO rebounded the following day as investors did not foresee any significant impact of this development…

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

inkl

Morgan Stanley Downgrades Altria Group On Growing Headwinds

Altria Group Inc (NYSE: MO) is likely to be adversely impacted by lower cigarette volumes due to rising gas and food prices, according to Morgan Stanley.

Should You Invest in the Tobacco Industry?

Despite many perceiving the tobacco industry as detrimental to society, most tobacco companies are investor favorites due to their extraordinary returns. Apart from their market-beating returns, these stocks are well known for their high dividend yields. Given an inelastic demand for products and high dividend payouts, this defensive industry looks…

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…

Analyzing Altria Group Inc's Short Interest

Altria Group Inc's (NYSE:MO) short percent of float has fallen 3.7% since its last report. The company recently reported that it has 18.79 million shares sold short, which is 1.04% of all regular shares that are available for trading.

inkl

Read news from The Economist, FT, and more,
with one subscription

Top 4 High-Yield S&P 500 Stocks to Buy This Month

Top 4 High-Yield S&P 500 Stocks to Buy This Month

Surging inflation, the escalating Russia-Ukraine war, and three-year-high bond yields have caused the benchmark S&P 500 index to founder of late. Given this volatile market backdrop, we think investing in blue-chip high-yield stocks LyondellBasell Industries N.V. (LYB), Phillips 66 (PSX), Altria Group, Inc. (MO), and Exxon Mobil Corporation (XOM) could…

How Is The Market Feeling About Altria Group Inc?

How Is The Market Feeling About Altria Group Inc?

Altria Group Inc's (NYSE:MO) short percent of float has risen 24.14% since its last report. The company recently reported that it has 19.54 million shares sold short, which is 1.08% of all regular shares that are available for trading.

Peering Into Altria Group Inc's Recent Short Interest

Peering Into Altria Group Inc's Recent Short Interest

Altria Group Inc's (NYSE:MO) short percent of float has risen 3.57% since its last report. The company recently reported that it has 15.76 million shares sold short, which is 0.87% of all regular shares that are available for trading.

Peering Into Altria Group Inc's Recent Short Interest

Peering Into Altria Group Inc's Recent Short Interest

Altria Group Inc's (NYSE:MO) short percent of float has risen 21.74% since its last report. The company recently reported that it has 15.28 million shares sold short, which is 0.84% of all regular shares that are available for trading.

Looking Into Altria Group Inc's Recent Short Interest

Looking Into Altria Group Inc's Recent Short Interest

Altria Group Inc's (NYSE:MO) short percent of float has risen 4.55% since its last report. The company recently reported that it has 12.68 million shares sold short, which is 0.69% of all regular shares that are available for trading.

Altria Stock Gains On Q4 Earnings Beat

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…

1 2

People

Dipanjan BanchurSince

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

inkl

Organisations

US Federal Reserve

Exxon Mobil Corporation

Altria Group Inc

British American Tobacco Plc

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

Monetary Policy

Places

390,844 stories

142,721 stories

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play