Altria Group, Inc. (MO) - NYSE
  • Sep. 15, 2015, 11:23 AM
    • Shares of SABMiller (OTCPK:SBMRY +2.2%) trade higher with some speculation making the rounds indicating Altria (MO +1.7%) pulled out of a Bank of America Merrill Lynch conference to follow up on a similar action by Anheuser-Busch InBev (BUD +0.2%).
    • A takeover of SABMiller by Anheuser-Busch InBev would benefit Altria with the tobacco company holding a 28% stake in SABMiller
    | Sep. 15, 2015, 11:23 AM | 31 Comments
  • Sep. 12, 2015, 10:27 AM
    • There's a different approach to electronic cigarettes developing in the U.S. and U.K.
    • Health advocates in the U.S. continue to raise concerns on the impact on teenagers, including a damaging article in JAMA Pediatrics, and politicians are eyeing taxing the product. No great surprise, but Chicago and New York are out in front of the e-cig tax movement.
    • U.S. sales have been held back a bit by efforts to demonize the product, according to some company officials.
    • The reception in the U.K. to the burgeoning e-cig industry has been warmer. A government health body determined last month that e-cigarettes could be prescribed by doctors in the nation as an effective way to help smokers break their addiction.
    • A study by the same group estimated e-cigs are 95% less harmful than traditional cigarettes and found no evidence the product acts as a gateway to smoking for children or non-smokers. That last part was also backed up in a concise breakdown by FiveThirtyEight.com.
    • Related stocks: MO, BTI, LO, PM, OTCPK:ECIG, OTCQB:VAPE, OTCPK:HPNN, OTCQB:MCIG, OTCQB:NTRR, OTCPK:VAPR, RAI, OTC:AHII, OTCQX:ITYBY, OTCPK:VTCQ, VPCO, BTI, OTCQX:ITYBY, OTCPK:JAPAY.
    | Sep. 12, 2015, 10:27 AM | 37 Comments
  • Sep. 3, 2015, 10:38 AM
    • There's a significant windfall for Big Tobacco in place with the expiration of the Tobacco Transition Payment Program.
    • The government program designed to compensate tobacco farmers cut into industry revenue by $9.6B over the last ten years.
    • USA Today dissected the potential benefit by company.
    • Altrai (NYSE:MO): The cigarette maker kicked out $1.1B of the final three years of the program, including $300M last year.
    • Reynolds American (NYSE:RAI): Payments of $583M were made between 2012 and 2014.
    • Lorillard (part of RAI): The company paid out $330M for the tax over the last three years.
    • Tobacco executives have been asked about the extra cash during recent conference calls, but kept their answers on the vague side.
    | Sep. 3, 2015, 10:38 AM | 30 Comments
  • Aug. 21, 2015, 11:03 AM
    • Altria (NYSE:MO) declares $0.56/share quarterly dividend, 8.7% increase from prior dividend of $0.52.
    • Forward yield 4.13%
    • Payable Oct. 9; for shareholders of record Sept. 15; ex-div Sept. 11.
    | Aug. 21, 2015, 11:03 AM | 59 Comments
  • Jul. 29, 2015, 7:18 AM
    • Altria (NYSE:MO) reports revenue increased in all of its segments in Q2.
    • Total cigarette volume was up 3.1% to 33.124M.
    • Marlboro volume 3.0% higher to 28.5M units. Market share +30 bps to 44.2%.
    • Cigar volume up 0.9% to 334K units.
    • The company raises 2015 EPS guidance to $2.76-$2.81 vs. $2.81 consensus.
    • A new $1B share repurchase program is launched.
    • Previously: Altria beats by $0.03, beats on revenue
    • MO +1.32% premarket to $56.00.
    | Jul. 29, 2015, 7:18 AM | 18 Comments
  • Jul. 29, 2015, 7:06 AM
    • Altria (NYSE:MO): Q2 EPS of $0.74 beats by $0.03.
    • Revenue of $4.88B (+6.8% Y/Y) beats by $130M.
    | Jul. 29, 2015, 7:06 AM | 27 Comments
  • Jul. 28, 2015, 5:30 PM
  • Jun. 16, 2015, 7:06 AM
    | Jun. 16, 2015, 7:06 AM | 34 Comments
  • Jun. 5, 2015, 8:09 AM
    • Reynolds American (NYSE:RAI) announces it will begin exchanging notes and consent solicitations for senior notes of Lorillard (NYSE:LO) in advance of the merger between the companies.
    • The major impact of the tobacco industry merger is that the new combined entity will stand as the second largest tobacco company behind Altria (NYSE:MO) and strengthen Imperial Tobacco's (OTCQX:ITYBY, OTCPK:ITYBF) position in the U.S. after it picks up some divested brands.
    | Jun. 5, 2015, 8:09 AM | 9 Comments
  • May 26, 2015, 6:47 PM
    • Reynolds American’s (NYSE:RAI) $27.4B purchase of Lorillard (NYSE:LO) wins approval from the FTC on the condition that the companies sell four cigarette brands - Winston, Kool, Salem and Maverick - to Imperial Tobacco (OTCQX:ITYBY, OTCPK:ITYBF), as expected.
    • The FTC also says RAI will have to divest to Imperial the LO manufacturing facilities in Greensboro, N.C.
    • The FTC, which spent nearly a year scrutinizing the deal, says it is satisfied the divestitures would restore market competition that would have been lost through the merger, with Imperial “positioned to be a sufficiently robust and aggressive competitor” to a combined RAI-LO and Altria (NYSE:MO).
    • RAI, which owns the Camel and Pall Mall brands, will boost its market share to ~34% by acquiring LO and its Newport brand, the top-selling menthol cigarette; MO, owner of top brand Marlboro, leads the industry with a 47% share.
    | May 26, 2015, 6:47 PM | 24 Comments
  • May 22, 2015, 7:11 PM
    • Philip Morris International (NYSE:PM) and British American Tobacco (NYSEMKT:BTI) are suing the British government over new rules starting next May that would require cigarettes to be sold in plain packages.
    • The tobacco industry is alarmed over a growing international move toward laws mandating that colorfully branded cigarette boxes be replaced with drab, uniform packages displaying prominent health warnings.
    • Separately, a U.S. appeals court today issued a split ruling on what kinds of statements tobacco companies must make in product warnings after a judge found them in violation of federal law nearly a decade ago.
    • Defendants included Altria (NYSE:MO), Reynolds American (NYSE:RAI) and Lorillard (NYSE:LO), which have battled with the Justice Department and public health advocates over the exact wording of the warning statements; today's ruling could further delay the date when any such warnings appear in public.
    | May 22, 2015, 7:11 PM | 20 Comments
  • May 20, 2015, 3:29 PM
    • Altria (MO +0.2%) reaffirms FY15 EPS guidance of 7% to 9% growth to a range of $2.75 to $2.80.
    • The consensus mark of analysts is at $2.80.
    • The announcement was made at the company's annual meeting.
    | May 20, 2015, 3:29 PM | 4 Comments
  • Apr. 23, 2015, 7:21 AM
    • Altria (NYSE:MO) reports cigarette volume rose 1.6% Y/Y in Q1.
    • Marlboro volume was up 1.2%, while the discount category saw growth of 8.6%.
    • Cigar volume rose 10.2% to 302M sticks.
    • Cigarette market share +40 bps to 51.1%.
    • Cigar market share -50 bps to 27.4%.
    • Operating income increased 7.4% to $1.923B as sales rose faster than costs.
    • Guidance: Altria sees 2015 EPS of $2.75-$2.80.
    • Previously: Altria beats by $0.01, beats on revenue
    • MO -1.48% premarket.
    | Apr. 23, 2015, 7:21 AM | 4 Comments
  • Apr. 23, 2015, 7:03 AM
    • Altria (NYSE:MO): Q1 EPS of $0.63 beats by $0.01.
    • Revenue of $4.27B (+6.5% Y/Y) beats by $140M.
    | Apr. 23, 2015, 7:03 AM | 9 Comments
  • Apr. 17, 2015, 8:27 AM
    • E-cigarettes are catching on with teenagers, according to a new data read.
    • While usage of traditional cigarettes by high school students has declined, e-cigarette demand has increased significantly.
    • 13% of all high school students used e-cigs last year to top the rate they used traditional cigarettes for the first time.
    • The FDA is still working out how it will treat the e-cigarette category.
    • Related stocks: MO, BTI, LO, PM, OTCQB:ECIG, OTCQB:VAPE, OTCPK:HPNN, OTCQB:MCIG, OTCQB:NTRR, OTCPK:VAPR, RAI, OTC:AHII, OTCQX:ITYBY.
    | Apr. 17, 2015, 8:27 AM | 6 Comments
  • Apr. 7, 2015, 7:14 AM
    • The government surprisingly intends to increase Medicare Advantage payments by about 1.25% in 2016, reversing a proposal to make a cut of 0.9%.
    • The move should benefit insurers such as UnitedHealth (NYSE:UNH) and Humana (NYSE:HUM).
    • The change is mainly connected to tweaks in estimates of how fast Medicare spending has been rising rather than to changes in policy.
    • Other health insurers include: AET, HNT, MO
    • ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS
    | Apr. 7, 2015, 7:14 AM | 13 Comments
Company Description
Altria Group, Inc. operates as a holding company which produces and markets tobacco products. The company operates its business through three segments: Smokeable Products, Smokeless Products and Wine. The Smokeable Products segment comprised of cigarettes manufactured and sold by PM USA and... More
Industry: Cigarettes
Country: United States