Shares of Altria (MO) gain 1.1% in premarket action as the company proves itself resourceful in...


Shares of Altria (MO) gain 1.1% in premarket action as the company proves itself resourceful in squeezing more profits out of its tobacco business. The company saw some success with new lower-priced products from its Marlboro brand during the quarter. As for its buyback program, Altria says $550M remains unused with a target date of the end of Q2 for completion.

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  • Larry Smith
    , contributor
    Comments (3124) | Send Message
     
    One of the best management teams around, you can hate smoking, but you have to admire how they manage the business.
    25 Oct 2012, 09:00 AM Reply Like
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