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Shares of Altria (MO) move up 1% premarket after the the cigarette maker shows a gain in market...

Shares of Altria (MO) move up 1% premarket after the the cigarette maker shows a gain in market share and profitability in Q1. Though overall cigarette shipments were down again, the company made some progress with discount brands and smokeless products. Naturally, buybacks are again a focus with Altria highlighting a new $300M share repurchase program. (PR)
Comments (3)
  • chuck lewis
    , contributor
    Comments (335) | Send Message
     
    Editor The Lewis Letter
    The leader of the pack. Coming E-cigs will be a profit booster and let us not forget the SABMiller stake, carried on the MO books for a quarter of real asset value.
    25 Apr 2013, 09:50 AM Reply Like
  • Sunshine123
    , contributor
    Comments (609) | Send Message
     
    Any news on if and when MO spins off SAB Miller to shareholders??
    26 Apr 2013, 08:48 AM Reply Like
  • chuck lewis
    , contributor
    Comments (335) | Send Message
     
    Doubt MO will part with this great asset that delivers income and adds to the eclectic mix of other divisions.
    27 Apr 2013, 11:40 AM Reply Like
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