Altria

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Altria Group, Inc. - MO

Retrieved on: 
Friday, September 27, 2019
Abraham Pomerantz, Securities Class Action, Companies, Pomerantz, Altria, New York Stock Exchange, Economy of the United States

NEW YORK, Sept. 27, 2019 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Altria Group, Inc. (Altria or the Company) (NYSE: MO).

Key Points: 
  • NEW YORK, Sept. 27, 2019 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Altria Group, Inc. (Altria or the Company) (NYSE: MO).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.
  • The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members.

Bragar Eagel & Squire, P.C. is Investigating Altria Group, Inc. (NYSE:MO) on Behalf of Altria Group Stockholders and Encourages Altria Investors to Contact the Firm

Retrieved on: 
Thursday, September 26, 2019
Legal, Professional services, Electronic cigarettes, Tobacco, Juul, Carcinogens, Companies, Altria, Electronic cigarette

is investigating potential claims against Altria Group, Inc. (NYSE:MO) on behalf of Altria Group stockholders.

Key Points: 
  • is investigating potential claims against Altria Group, Inc. (NYSE:MO) on behalf of Altria Group stockholders.
  • Our investigation concerns whether Altria Group has violated the federal securities laws and/or engaged in other unlawful business practices.
  • Altria Group partially owns of JUUL Labs, (JUUL) an e-cigarette manufacturer.
  • These government investigations focus on whether Altria Group / JUUL misled the public with respect to the safety of its e-cigarettes and whether they actively marketed these devices to minors.

Juul Is Big Tobacco - Today's Announcement Leaves No Doubt

Retrieved on: 
Wednesday, September 25, 2019
Electronic cigarettes, Smoking, Tobacco, Juul, Carcinogens, Altria, Electronic cigarette, Cigarette, Marlboro

WASHINGTON, Sept. 25, 2019 /PRNewswire/ --Juul today announced a new CEO: a top executive from Marlboro-maker Altria, which owns a $12.8 billion stake in Juul.

Key Points: 
  • WASHINGTON, Sept. 25, 2019 /PRNewswire/ --Juul today announced a new CEO: a top executive from Marlboro-maker Altria, which owns a $12.8 billion stake in Juul.
  • This announcement strips away any doubt about Juul.
  • Juul created the worsening youth e-cigarette epidemic, and today's announcement makes it more important than ever that policy makers take forceful action to stop it by banning flavored e-cigarettes.
  • Juul's announcement today is aimed at repairing its image and protecting its profits, not at solving this crisis.

Altria and Philip Morris International End Merger Discussions; Altria Provides Statement on JUUL Leadership Change; Tightens 2019 Full-year Earnings Guidance

Retrieved on: 
Wednesday, September 25, 2019
Finance, Professional services, Retail, Tobacco, Companies, Anheuser-Busch InBev, Breweries, Altria, Anheuser-Busch, Juul, Philip Morris, InBev, Abi

Altria Group, Inc. (Altria) (NYSE:MO) today announced that merger discussions with Philip Morris International Inc. (PMI) (NYSE:PM) have ended.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE:MO) today announced that merger discussions with Philip Morris International Inc. (PMI) (NYSE:PM) have ended.
  • Mr. Crosthwaite is stepping down from his position as Senior Vice President, Chief Strategy and Growth Officer of Altria in order to join JUUL.
  • Altria tightens its guidance for 2019 full-year adjusted diluted EPS to a range of $4.19 to $4.27 from a range of $4.15 to $4.27.
  • Altria holds equity investments in Anheuser-Busch InBev SA/NV (ABI), JUUL Labs, Inc. (JUUL) and Cronos Group Inc. (Cronos).

Philip Morris International Inc. and Altria Group, Inc. End Merger Discussions

Retrieved on: 
Wednesday, September 25, 2019
Tobacco, Retail, Carcinogens, Companies, Electronic cigarettes, Philip Morris International, Tobacco industry, Altria, Electric smoking system, Philip Morris, Electronic cigarette, Tobacco, PMI, Cigarette

Philip Morris International Inc. (PMI) (NYSE: PM) today announced that merger discussions with Altria Group, Inc. (Altria) (NYSE: MO) have ended.

Key Points: 
  • Philip Morris International Inc. (PMI) (NYSE: PM) today announced that merger discussions with Altria Group, Inc. (Altria) (NYSE: MO) have ended.
  • Global data, based on four years of use, show that IQOS is not significantly appealing to youth or to nonsmokers.
  • PMI is on track to meet its previously communicated international heated tobacco unit shipment volume target of 90-100 billion units by 2021.
  • About Philip Morris International Inc.
    Philip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with scientifically substantiated smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company and its shareholders.

Altria Recommends Rejection of Mini-Tender Offer by TRC

Retrieved on: 
Wednesday, September 18, 2019
Finance, Professional services, Retail, Tobacco, Companies, Financial markets, Finance, Altria, Corporate finance, LinkedIn, Offer, Stock

Altria is in no way associated with TRC and, for the reasons described below, recommends that shareholders reject this unsolicited offer.

Key Points: 
  • Altria is in no way associated with TRC and, for the reasons described below, recommends that shareholders reject this unsolicited offer.
  • While TRCs offer price is above the current market price of Altria common stock, the offer is subject to conditions which Altria believes are unlikely to be satisfied at current prices.
  • The offer is also subject to numerous other conditions, including TRC obtaining financing for the offer.
  • More information about Altria is available at altria.com and on the Altria Investor app, or follow Altria on Twitter, Facebook and LinkedIn.

Altria Group, Inc. Confirms Discussions With Philip Morris International, Inc. Regarding Potential All-Stock, Merger of Equals

Retrieved on: 
Tuesday, August 27, 2019
Other Retail, Wine & Spirits, Retail, Tobacco, Companies, Altria, Philip Morris International, Philip Morris, New York Stock Exchange, LinkedIn, Form

Altria Group, Inc. (Altria) (NYSE: MO) today announced that it is in discussions with Philip Morris International, Inc. (NYSE: PM) regarding a potential all-stock, merger of equals.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE: MO) today announced that it is in discussions with Philip Morris International, Inc. (NYSE: PM) regarding a potential all-stock, merger of equals.
  • Any transaction would be subject to the approval of the two companies boards and shareholders, and regulators, as well as other conditions.
  • Altria intends to make no further comment regarding the discussions unless and until it is appropriate to do so.
  • More information about Altria is available at altria.com and on the Altria Investor app, or follow Altria on Twitter, Facebook and LinkedIn.

Philip Morris International Inc. Confirms Discussions with Altria Group, Inc. Regarding Potential All-Stock, Merger of Equals

Retrieved on: 
Tuesday, August 27, 2019
Tobacco, Retail, Companies, New York Stock Exchange, Altria, Mergers and acquisitions, Philip Morris International, Philip Morris

Philip Morris International Inc. (NYSE: PM) today announced that it is in discussions with Altria Group, Inc. (NYSE: MO) regarding a potential all-stock, merger of equals.

Key Points: 
  • Philip Morris International Inc. (NYSE: PM) today announced that it is in discussions with Altria Group, Inc. (NYSE: MO) regarding a potential all-stock, merger of equals.
  • There can be no assurance that any agreement or transaction will result from these discussions.
  • Additionally, there can be no assurance that if an agreement is reached, that a transaction will be completed.
  • Philip Morris International intends to make no further comment regarding the discussions unless and until it is appropriate to do so.

Stark & Stark Files Complaints Against Juul Labs, Inc. Claiming Juul's Wrongful Conduct In Marketing And Sales Tactics Causes Extreme Nicotine Addiction In Minors

Retrieved on: 
Tuesday, August 20, 2019
Electronic cigarettes, Tobacco, Carcinogens, Juul, PAX Labs, Electronic cigarette, Altria, Philip Morris USA, Cigarette, Draft:Pod mods

The complaints allege that JUUL, the e-cigarette manufacturer, marketed its products toward minors without disclosing its related health risks, including nicotine addiction.

Key Points: 
  • The complaints allege that JUUL, the e-cigarette manufacturer, marketed its products toward minors without disclosing its related health risks, including nicotine addiction.
  • This case seeks punitive damages to hold JUUL responsible for maliciously marketing its products toward minors.
  • vs. JUUL Labs, Inc., PAX Labs, Inc., Altria Group, Inc., and Philip Morris USA, Inc. (Complaint available upon request.)
  • JUUL has high levels of nicotine, with one JUUL pod is being equivalent to the nicotine of 20 cigarettes.

Altria to Host Webcast of 2019 Second-Quarter Results

Retrieved on: 
Tuesday, July 16, 2019
Tobacco, Retail, Companies, Altria, Economy of the United States

Altria Group, Inc. (Altria) (NYSE: MO) will host a live audio webcast on Tuesday, July 30, 2019, at 9:00 a.m. Eastern Time to discuss its 2019 second-quarter business results.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE: MO) will host a live audio webcast on Tuesday, July 30, 2019, at 9:00 a.m. Eastern Time to discuss its 2019 second-quarter 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 or through the Altria Investor App.
  • An archived copy of the webcast will be available on altria.com or through the Altria Investor App.