Altria

NJOY Brings Sweeping Litigation Against Illicit Disposable Vapor Manufacturers

Retrieved on: 
Thursday, October 19, 2023

Altria Group, Inc. (Altria) announces today its operating company NJOY, LLC (NJOY) has filed sweeping litigation against 34 foreign and domestic manufacturers, distributors and online retailers of illicit disposable e-vapor products that are unlawfully marketed and sold in the State of California and elsewhere.

Key Points: 
  • Altria Group, Inc. (Altria) announces today its operating company NJOY, LLC (NJOY) has filed sweeping litigation against 34 foreign and domestic manufacturers, distributors and online retailers of illicit disposable e-vapor products that are unlawfully marketed and sold in the State of California and elsewhere.
  • The suit seeks a nation-wide injunction against the import, marketing and sale of these illicit products and significant compensatory and punitive damages.
  • “Today there are two markets – one for those who play by the rules and one for those who flagrantly ignore them.
  • NJOY may add additional manufacturers, distributors and retailers to this complaint and will consider further litigation activity.

Jones Street Investment Partners Enters Virginia with Acquisition of Courthouse Green Townhomes

Retrieved on: 
Wednesday, October 11, 2023

Jones Street Investment Partners (“Jones Street”), a private equity real estate firm focused on multifamily assets located throughout the Northeast and Mid-Atlantic regions of the U.S., today announced its entrance into Virginia with the acquisition of Courthouse Green Townhomes (the “Property”), a 266-unit multifamily community located at 6417 Statue Street in Chesterfield, a suburb of Richmond.

Key Points: 
  • Jones Street Investment Partners (“Jones Street”), a private equity real estate firm focused on multifamily assets located throughout the Northeast and Mid-Atlantic regions of the U.S., today announced its entrance into Virginia with the acquisition of Courthouse Green Townhomes (the “Property”), a 266-unit multifamily community located at 6417 Statue Street in Chesterfield, a suburb of Richmond.
  • Courthouse Green Townhomes, which spans 34 buildings across 21 acres and includes one-, two- and three-bedroom units, is ideally located near Route 288 and Route 10 and is a short 22-minute drive to both downtown Richmond and Petersburg.
  • Jones Street will leverage its institutional knowledge and proven operating platform to maximize efficiencies at the Property to drive both optimal performance and enhance the resident experience.
  • Jones Street’s capital improvement plan includes completing further Deluxe renovations on approximately 40% of the units, adding washer-dryers to all units, and renovating unused shared community space.

Altria to Host Webcast of 2023 Third-Quarter and Nine-Months Results

Retrieved on: 
Thursday, October 12, 2023

Altria Group, Inc. (Altria) (NYSE: MO) will host a live audio webcast on Thursday, October 26, 2023, at 9:00 a.m. Eastern Time to discuss its 2023 third-quarter and nine-months business results.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE: MO) will host a live audio webcast on Thursday, October 26, 2023, at 9:00 a.m. Eastern Time to discuss its 2023 third-quarter and nine-months business results.
  • Altria will issue a press release containing its business results at approximately 7:00 a.m. Eastern Time the same day.
  • The webcast can be accessed at altria.com.
  • During the webcast, Billy Gifford, Altria’s Chief Executive Officer, and Sal Mancuso, Altria’s Chief Financial Officer, will discuss the Company’s 2023 third-quarter and nine-months business results and answer questions from the investment community and news media.

NextUp Launches "You Are NextUp" Campaign Celebrating Women in Business

Retrieved on: 
Tuesday, September 26, 2023

CHICAGO, Sept. 26, 2023 /PRNewswire-PRWeb/ -- NextUp, the leading nonprofit organization dedicated to advancing all women in business, is launching its first national campaign, "You Are NextUp." This groundbreaking initiative will spotlight 100 remarkable women, and their allies, who are making significant strides in business at every level. The campaign will officially kick off at the NextUp Leadership Summit in Chicago on September 26, 2023. This year's Summit has garnered unprecedented interest, with more than 1,600 attendees, marking the highest in-person attendance in the organization's 22-year history and representing more than 17,000 NextUp members.

Key Points: 
  • CHICAGO, Sept. 26, 2023 /PRNewswire-PRWeb/ -- NextUp, the leading nonprofit organization dedicated to advancing all women in business, is launching its first national campaign, "You Are NextUp."
  • This groundbreaking initiative will spotlight 100 remarkable women, and their allies, who are making significant strides in business at every level.
  • The campaign will officially kick off at the NextUp Leadership Summit in Chicago on September 26, 2023.
  • For more information about the "You Are NextUp" campaign or to learn more about NextUp, visit nextupisnow.org .

Nation’s Top 10 Most Transparent Companies Unveiled in Labrador’s 2023 U.S. Transparency Awards

Retrieved on: 
Tuesday, September 19, 2023

"Today’s investors and stakeholders are demanding a level of transparency from companies unseen in the past.

Key Points: 
  • "Today’s investors and stakeholders are demanding a level of transparency from companies unseen in the past.
  • "These awards reward the quality of disclosure provided by S&P 250 companies and honor those who demonstrate a dedication to transparently communicate."
  • A long-standing tradition in Europe, the U.S. Transparency Awards – in their fifth year – have quickly become a coveted acknowledgment among some of the most respected public companies in the world.
  • TOP 10 MOST TRANSPARENT COMPANIES IN THE U.S.
    PayPal excels among the S&P 250 by providing information well beyond what is required from the SEC across all five documents.

National Fish and Wildlife Foundation Awards $15.6 Million to Conserve Grassland Habitat and Wildlife in the Northern Great Plains

Retrieved on: 
Wednesday, September 13, 2023

WASHINGTON, D.C., Sept. 13, 2023 (GLOBE NEWSWIRE) -- The National Fish and Wildlife Foundation (NFWF) today announced $15.6 million in grants to protect vital grassland habitat in the Northern Great Plains while also strengthening ranching operations and communities.

Key Points: 
  • WASHINGTON, D.C., Sept. 13, 2023 (GLOBE NEWSWIRE) -- The National Fish and Wildlife Foundation (NFWF) today announced $15.6 million in grants to protect vital grassland habitat in the Northern Great Plains while also strengthening ranching operations and communities.
  • “The vital conservation supported through these grants wouldn’t be possible without the efforts of dedicated partners throughout the Northern Great Plains,” said Jeff Trandahl, executive director and CEO of NFWF.
  • Fish and Wildlife Service, U.S. Forest Service, Bezos Earth Fund, Margaret A. Cargill Philanthropies, Altria Group, Cargill, Marathon Oil, Nestlé and Oxy.
  • “I’m proud Marathon Oil is partnering with the National Fish and Wildlife Foundation on their Northern Great Plains Program to fund projects focused on habitat restoration, livestock management practices, education and outreach.

$1.7 Million in Grants to Enhance Forest and Freshwater Habitats in the Cumberland Plateau Region Announced by NFWF

Retrieved on: 
Monday, August 28, 2023

The grants were awarded through the Cumberland Plateau Stewardship Fund (CPSF), a partnership between NFWF and the U.S. Department of Agriculture’s Natural Resources Conservation Service (NRCS) and Forest Service, the U.S.

Key Points: 
  • The grants were awarded through the Cumberland Plateau Stewardship Fund (CPSF), a partnership between NFWF and the U.S. Department of Agriculture’s Natural Resources Conservation Service (NRCS) and Forest Service, the U.S.
  • “These projects are expanding our restoration efforts in the Cumberland Plateau to support a fuller array of landowners,” said Jeff Trandahl, executive director and CEO of NFWF.
  • “This set of grants through the Cumberland Plateau Stewardship Fund demonstrates exciting progress in our partnership with NFWF and Cargill.
  • Spanning from northwest Alabama to the Kentucky-West Virginia border, the Cumberland Plateau region is the world’s longest expanse of hardwood-forested plateau.

Altria Increases Quarterly Dividend by 4.3% to $0.98 Per Share

Retrieved on: 
Thursday, August 24, 2023

Altria Group, Inc. (NYSE: MO) today announced that our Board of Directors voted to increase our regular quarterly dividend by 4.3% to $0.98 per share versus the previous rate of $0.94 per share.

Key Points: 
  • Altria Group, Inc. (NYSE: MO) today announced that our Board of Directors voted to increase our regular quarterly dividend by 4.3% to $0.98 per share versus the previous rate of $0.94 per share.
  • The quarterly dividend is payable on October 10, 2023 to shareholders of record as of September 15, 2023.
  • The new annualized dividend rate is $3.92 per share, representing a dividend yield of 9.1% based on our closing stock price of $43.12 on August 23, 2023.
  • Today’s dividend increase is consistent with our new progressive dividend goal that we established at our 2023 Investor Day that targets mid-single digits dividend per share growth annually.

Wellpointe Inc. Announces the Addition of Frank Scicchitano as its First Director of People Operations

Retrieved on: 
Tuesday, August 22, 2023

FRESNO, Calif., Aug. 22, 2023 /PRNewswire-PRWeb/ -- Wellpointe Inc. ("Wellpointe" or the "Company"), a California leader in residential assisted living is pleased to announce the addition of Frank Scicchitano as its first Director of People Operations as it continues its growth in California. Wellpointe was recently recognized on the 2023 Inc. 5000 list of the fastest-growing private companies in America.

Key Points: 
  • FRESNO, Calif., Aug. 22, 2023 /PRNewswire-PRWeb/ -- Wellpointe Inc. ("Wellpointe" or the "Company"), a California leader in residential assisted living is pleased to announce the addition of Frank Scicchitano as its first Director of People Operations as it continues its growth in California.
  • Wellpointe was recently recognized on the 2023 Inc. 5000 list of the fastest-growing private companies in America.
  • Mr. Scicchitano brings over a decade of experience in Director and Manager level roles for publicly traded companies, such as Altria and Curation Foods (Landec).
  • "We're excited to welcome Frank Scicchitano as our Director of People Operations," said George Kutnerian, co-founder, President and CEO of Wellpointe Inc. "We anticipate Frank playing a critical role in the next phase of Wellpointe's growth".

Altria Seeks Importation Ban of JUUL E-Vapor Products; Files Patent Infringement Actions Against JUUL Labs

Retrieved on: 
Tuesday, August 22, 2023

Altria Group, Inc. (NYSE: MO) today announces that its subsidiary, NJOY, has filed a complaint against JUUL Labs, Inc. (JUUL) with the U.S. International Trade Commission (ITC).

Key Points: 
  • Altria Group, Inc. (NYSE: MO) today announces that its subsidiary, NJOY, has filed a complaint against JUUL Labs, Inc. (JUUL) with the U.S. International Trade Commission (ITC).
  • The complaint seeks a ban on the importation and sale of certain JUUL e-vapor products, including its currently marketed JUUL device and JUULpods.
  • “Protecting our intellectual property is critical to achieving our Vision,” said Murray Garnick, Executive Vice President and General Counsel.
  • NJOY acquired the Asserted Patents from Fuma International, LLC (Fuma) concurrently with the settlement of a patent infringement lawsuit filed against us by Fuma.