Altria Group, Inc.

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Market Cap:
$76.24 billion
52 weeks high
52 weeks low

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Retail & consumer

Tobacco giants Philip Morris and Altria confirm talks over mega-merger

Philip Morris, the maker of Marlboro cigarettes, said discussions were ongoing for a "merger of equals" but stressed there was no guarantee a deal would be struck...

3 weeks, 3 days ago

Lexaria Bioscience gains after announcing cannabinoid R&D project is underway

This project is testing for a variety of potential performance-enhancing variations of the company's DehydraTECH delivery technology...

on 20/3/19

Melius Research initiates coverage of cannabis sector, says it will 'disrupt the beverage industry'

Analyst Rob Wertheimer has an Overweight rating on Aurora Cannabis stock and an Underweight rating on Tilray shares 'with less clarity on future growth outside of Canada'...

on 6/3/19

Lexaria Bioscience cites FDA statement on nicotine replacement therapy to help smokers quit

FDA Commissioner Scott Gottlieb said nicotine replacement therapy is 'generally considered to double the likelihood of a successful quit attempt'...

on 26/2/19

Vegetable grower Village Farms International takes a seat at the cannabis table (Part 1)

A two-part dive into the Canada-based hydroponic grower's transition from tomatoes, peppers and cucumbers to cannabis...

on 15/2/19
Retail & consumer

Stubbed out: Cowen cuts ratings for cigarette makers BAT, Imperial Brands, Altria in global sector review

Cowen’s analysts said the downgrades come as they “grow increasingly cautious on the outlook for combustible cigarettes in the US”...

on 7/1/19

Cannabis companies heartened as New York weighs legalization and US farm bill nears passage

Crop Infrastructure and Redfund Capital are companies encouraged by political developments supporting the medical and recreational marijuana industry...

on 12/12/18

Altria makes C$2.4B investment in Canadian cannabis company Cronos Group

The tobacco giant Altria is looking to widen its business beyond tobacco while Cronos is looking for a strategic partner to provide capital...

on 7/12/18
Industry & services

Altria in investment talks with Canadian cannabis company Cronos

The legalization of marijuana by Canada is prompting renewed interest in investment in the country’s cannabis companies...

on 4/12/18

Aphria responds to talk that US tobacco giant Altria Group is looking to take a stake in the Canadian cannabis grower

At the same time, the Canadian cannabis grower doesn't deny that talks are happening...

on 11/10/18

Tobacco powerhouse Altria in talks to acquire equity stake in Canadian cannabis grower Aphria, says The Globe and Mail

Sources say Altria has expressed interest in a minority stake with the intention of eventually holding a majority of the company’s shares...

on 10/10/18
Industry & services

New twist in e-cigarette saga as start-up Juul gets surprise raid from FDA

The raid today took Juul by surprise at its headquarters in San Francisco....

on 2/10/18
Industry & services

Altria shares dip despite better-than-expected fourth quarter

"Altria had another strong year in 2017," said Marty Barrington, Altria chief executive...

on 1/2/18
Industry & services

Altria Group Inc shares ease premarket after mixed third quarter results

Altria stuck to its 2017 adjusted EPS outlook for US$3.26 to US$3.32. Wall Sreet had pegged adjusted EPS at US$3.26...

on 26/10/17
Industry & services

Cash from beer stake helps boost fourth-quarter earnings for Marlboro group Altria

The US's largest tobacco company saw its earnings rise to US$10.28bn, up from US$1.25bn, boosted by the US$5.3bn cash Altria received for its stake in SABMIller....

on 1/2/17
Retail & consumer

Reynolds on fire after UK tobacco rival pounces

The timing of the bid - with the UK currency lower than a snake's belly - is slightly surprising...

on 21/10/16