MO - Altria Group, Inc.
44.50 +0.24 (0.54%)
Pre-Market: 8:06AM EDT
| Previous Close | 43.51 |
| Open | 43.90 |
| Bid | 44.40 x 800 |
| Ask | 44.58 x 1100 |
| Day's Range | 43.53 - 44.28 |
| 52 Week Range | 39.30 - 66.04 |
| Volume | 9,011,818 |
| Avg. Volume | 11,307,795 |
| Market Cap | 82.719B |
| Beta (3Y Monthly) | 0.37 |
| PE Ratio (TTM) | 13.22 |
| EPS (TTM) | 3.35 |
| Earnings Date | Oct. 31, 2019 |
| Forward Dividend & Yield | 3.36 (7.72%) |
| Ex-Dividend Date | 2019-09-13 |
| 1y Target Est | 52.86 |
- Bloomberg
Juul Suspends Sale of Most E-Cigarette Flavors in U.S.
(Bloomberg) -- Juul Labs Inc., the largest e-cigarette maker in the U.S., is suspending sales of most nicotine pod flavors nationwide, bending to pressure from officials and the public who said sugary flavors were hooking teens.Fruit and dessert flavors, which the company was selling to people over 21 through its website, are no longer available in the U.S. pending a review by the Food and Drug Administration, Juul said. It will continue selling mint, menthol and tobacco flavor pods in stores and online.The creators of Juul have said they designed e-cigarettes to help longtime smokers switch, but the popular devices have also introduced a generation of teens and young adults to nicotine. Scott Gottlieb, the former FDA commissioner who declared youth vaping an epidemic, said Juul’s decision to continue selling mint and menthol won’t solve the problem. “Mint is a candy flavor,” Gottlieb said. “A lot of the youth use has shifted to that flavor.”Juul said the new sales restriction comes out of a review led by the new chief executive officer, K.C. Crosthwaite, who joined last month from tobacco giant Altria Group Inc. As part of that review, Juul said last month it would stop all U.S. advertising, refrain from supporting a proposition to voters in San Francisco that would reverse an e-cigarette ban and stop lobbying the government about legislation related to flavors. Michael Bloomberg, the founder and majority owner of Bloomberg LP, funds anti-vaping advocacy initiatives, including one to defeat the San Francisco ballot measure.Shares of Altria, which sells Marlboro in the U.S. and is Juul’s largest shareholder, were up 1.2% to $44.05 at 2 p.m. in New York. “We must reset the vapor category by earning the trust of society and working cooperatively with regulators, policymakers, and stakeholders to combat underage use while providing an alternative to adult smokers,” Crosthwaite said in a statement.The new policy began Thursday and affects sales on its website of the flavors fruit, creme, mango and cucumber. Online purchases of the remaining flavors will continue to be screened by Juul’s age verification system.Juul had stopped the distribution of those flavors last November to physical retailers in the U.S., a move it made in anticipation of sales restrictions from the FDA on flavored e-cigarette products. That move led to a slight dip in sales, but the San Francisco-based company has largely recovered, thanks partly to international growth.In the U.S., Juul controls 70% of vape sales, according to market research firm IRI, which doesn’t track online sales. Investors valued Juul at $38 billion in December, before growing outrage in recent months led to the departure of its previous CEO.In September, Health and Human Services Secretary Alex Azar said that U.S. health monitors had seen a continuing rise in youth use, including of flavors like mint and menthol. He said the Trump administration’s goal was to ban those flavors and leave only tobacco-flavored e-cigarettes on the market.Juul is still evaluating which products and flavors to submit for regulatory approval in May, which means some of these flavors could return to shelves if the FDA approves them. Josh Raffel, a spokesman for Juul, said the company could also extend its temporary sales ban to other flavors, such as mint and menthol. “We continue to review our policies and practices in advance of FDA’s flavor guidance and have not made any final decisions,” he said.(Updates with market share data in the eighth paragraph.)To contact the authors of this story: Ellen Huet in San Francisco at ehuet4@bloomberg.netDrew Armstrong in New York at darmstrong17@bloomberg.netTo contact the editor responsible for this story: Mark Milian at mmilian@bloomberg.net, Timothy AnnettFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- ACCESSWIRE
CLASS ACTION UPDATE for SRPT, MO and MYGN: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / October 17, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. To determine ...
- ACCESSWIRE
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Altria Group, Inc. of Class Action Lawsuit and Upcoming Deadline - MO
NEW YORK, NY / ACCESSWIRE / October 17, 2019 / Pomerantz LLP announces that a class action lawsuit has been filed against Altria Group, Inc. ("Altria" or the "Company") (MO) and certain of its officers. The class action, filed in United States District Court, for the Eastern District of New York, and indexed under 19-cv-05579, is on behalf of a class consisting of all persons and entities other than Defendants who purchased or otherwise acquired Altria securities between December 20, 2018 and September 24, 2019, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
- Market Realist
Philip Morris: Earnings Beat, Sales Lag in Q3
Philip Morris reported mixed third-quarter results before the markets opened. The company posted revenues of $7.64 billion—up 1.8% YoY.
- Business Wire
Altria to Host Webcast of 2019 Third-Quarter Results
Altria Group, Inc. will host a live audio webcast on Thursday, October 31, 2019, at 9:00 a.m. Eastern Time to discuss its 2019 third-quarter business results. Altria will issue a press release containing its business results at approximately 7:00 a.m.
- Investing.com
NewsBreak: Juul is Halting Online Sales of Some E-Cigarettes
Investing.com – E-cigarette company Juul Labs will no longer sell sweet and fruity e-cigarette refill pods online, news reports said Thursday.
- GlobeNewswire
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of GNLN, VAL, MO and MTCH
NEW YORK, Oct. 17, 2019 -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a.
- GlobeNewswire
SHAREHOLDER ALERT: CLAIMSFILER REMINDS MO, MTCH, SDC INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits
NEW ORLEANS, Oct. 16, 2019 -- ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class action lawsuits:.
- ACCESSWIRE
FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of VAL, MO and RUHN
CEDARHURST, NY / ACCESSWIRE / October 16, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.
- ACCESSWIRE
SHAREHOLDER ALERT - Altria Group, Inc. (MO) - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action and Deadline: December 2, 2019
NEW YORK, NY / ACCESSWIRE / October 16, 2019 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Altria Group, Inc. ("Altria" or the "Company") ...
- GlobeNewswire
CLASS ACTION UPDATE for MO, TME, MYGN and CC: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, Oct. 16, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
- ACCESSWIRE
SHAREHOLDER ALERT: The Law Offices of Timothy L. Miles Announces Altria Group, Inc. (MO) Sued for Misleading Shareholders; Altra Shareholders Urged to Contact the Firm
HENDERSONVILLE, TN / ACCESSWIRE / October 16, 2019 / The Law Offices of Timothy L. Miles, who has been leading the fight to protect shareholder rights for over 18 years, announces that a purchaser of Altria ...
- GlobeNewswire
Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against Altria Group, Inc. (MO)
Gainey McKenna & Egleston announces that a class action lawsuit has been filed against Altria Group, Inc. (“Altria” or the “Company”) (MO) in the United States District Court for the Eastern District of New York on behalf of those who purchased or acquired the securities of Altria between December 20, 2018 through September 24, 2019 (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder.
- GlobeNewswire
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Altria Group, Inc. of Class Action Lawsuit and Upcoming Deadline – MO
Pomerantz LLP announces that a class action lawsuit has been filed against Altria Group, Inc. (“Altria” or the “Company”) (NYSE: MO) and certain of its officers. The class action, filed in United States District Court, for the Eastern District of New York, and indexed under 19-cv-05579, is on behalf of a class consisting of all persons and entities other than Defendants who purchased or otherwise acquired Altria securities between December 20, 2018 and September 24, 2019, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
- Zacks
Philip Morris (PM) Set to Report Q3 Earnings: Where is the Tobacco Giant Headed?
Philip Morris International (PM) is set to report their third quarter results before the opening bell on Thursday, October 17th.
- Market Realist
Will Philip Morris Stock Jump after Its Q3 Earnings?
Philip Morris will announce its third-quarter earnings results on October 17. We believe the pressure on the company’s top line could ease a bit.
- GlobeNewswire
SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS MO, MTCH, SDC INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits
NEW ORLEANS, Oct. 14, 2019 -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending.
- Zacks
Altria (MO) Gains As Market Dips: What You Should Know
Altria (MO) closed the most recent trading day at $42.73, moving +0.38% from the previous trading session.
- GlobeNewswire
SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against Against Altria Group, Inc.– MO
Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Altria Group, Inc. (MO) from December 20, 2018 through September 24, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Slack Technologies, Inc. investors under the federal securities laws. To join the class action, go http://pawarlawgroup.com/cases/altria-group-inc/ or call Vik Pawar, Esq.
- Newsfile
ALTRIA DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Altria Group, Inc. To Contact The Firm
New York, New York--(Newsfile Corp. - October 14, 2019) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Altria Group, Inc. (NYSE: MO) ("Altria" or the "Company") of the December 2, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi logoCannot view this image? Visit:https://orders.newsfilecorp.com/files/6455/48740_5f704ba6446cc9dd_logo_lg.jpgIf you invested in Altria stock or options ...
- ACCESSWIRE
INVESTOR ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Altria Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / October 14, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Altria Group, Inc. ("Altria" or "the Company") (NYSE:MO) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
- Business Wire
Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Altria Group, Inc.
Law Offices of Howard G. Smith reminds investors of the upcoming December 2, 2019 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Altria Group, Inc. (“Altria” or the “Company”) (NYSE: MO) securities between December 20, 2018 and September 24, 2019, inclusive (the “Class Period”). Investors suffering losses on their Altria investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.
- ACCESSWIRE
The Gross Law Firm Announces Class Actions on Behalf of Shareholders of TXT, MO and MYGN
NEW YORK, NY / ACCESSWIRE / October 13, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment.
- ACCESSWIRE
SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Altria Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / October 10, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Altria Group, Inc. ("Altria" or "the Company") (NYSE:MO) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
