tobacco
Altria's marketing campaign carries the tagline "Moving Beyond Smoking" but a look at its earnings statement confirms how stunningly large its tobacco business is.
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The U.S. FDA has agreed to seek a ban on menthol-flavored cigarettes and flavored cigars at the request of more than a dozen public health and civil rights organizations.
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Philip Morris International has just announced that it is increasing its regular quarterly dividend by 2.6%.
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Altria reported better than expected quarterly results and re-established its 2020 full-year earnings guidance before the markets opened on Tuesday.
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Philip Morris reported earnings and revenues that beat second-quarter estimates. Recent FDA approval of the company's IQOS products have boosted share prices as well.
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What does it say about long-term industry expectations when a leader in the cannabis field is laying off more employees and closing plants as a restructuring effort?
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Counting out a tobacco company has never proved to be a good bet over the long term. Will this time be different?
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U.K. tobacco giant Imperial Brands has slashed its dividend. Will American tobacco companies follow suit?
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Altria's share price is falling. Its investments have been busts, and hedge funds and shareholders are getting cranky. Even the dividend hasn't made investors happy.
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With investments in booze, pot, tobacco and e-cigarettes, Altria has the sin category just about covered. However, the COVID-19 outbreak may indicate that the cost of sin has limits.
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A combination of financial factors creates an interesting value proposition for investors as Altria reports later this week. Also, we will get a chance to see if anything happens with the dividend.
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Tobacco giant Philip Morris reported first-quarter earnings and sales that beat estimates but withdrew its full-year guidance due to the unknown impact of the COVID-19 outbreak. That has weakened...
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Investors are scrambling to find yield. Could Altria have just the dividend yield they are looking for? Cigarettes have been considered recession-proof, but this time things may be somewhat different.
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It's no secret that Altria enjoys its relative position in the hearts of Wall Street traders because of its dividend yield. Can the tobacco products giant maintain that high yield?
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Tilray chose perhaps the worst time that it could to raise capital, as the prior trading day was the worst one that the markets have seen since the 1987 crash.
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