cigarettes

Altria Group Inc (NYSE:MO) shares are trading higher on Tuesday after the first-quarter full-year 2025 earnings. The company reported a first-quarter FY25 sales decline of 5.7% year-on-year to $5.26 billion, beating the analyst consensus estimate of $4.62 billion. The decrease in revenue was...

Tobacco giant Philip Morris International Inc. (NYSE:PM) invested $232 million to expand its Kentucky facility.  Goldman Sachs analyst Bonnie Herzog expects the Marlboro parent company to report strong results for its fiscal third quarter on Oct. 22. Herzog reiterated a Buy rating and raised the...

The FDA has rescinded the marketing denial orders (MDOs) issued to JUUL Labs Inc., partially due to new case law and further information provided by JUUL. This rescission returns the applications to pending status and does not indicate whether they will be authorized or denied. The FDA continues...

The FDA’s proposal to ban menthol-flavored cigarettes in the United States is facing another setback as White House officials have missed yet another deadline for the final ruling on the ban.  Menthol cigarettes, which make up a third of the industry’s market share in the...

Investors navigating the dynamic tobacco industry often find themselves at a crossroads with two major players: Altria Group Inc (NYSE:MO) and British American Tobacco PLC (NYSE:BTI) aka BAT. As global trends, regulations and consumer preferences evolve, strategic insights into Altria and BAT are...

A Chinese marathon runner nicknamed the “Smoking Brother” completed a 26-mile race in about three and a half hours only to be disqualified for chain-smoking the entire way. What Happened: According to a DailyMail report, a 52-year-old Chinese man named “Uncle Chen” completed...

By Lucía Tedesco via El Planteo. Sweden seeks to eradicate smoking by means of snus, a product that contains tobacco but without combustion. In the U.S., it is basically known as nicotine pouches. The smoking rate in Sweden is the lowest in Europe (between 5 and 6%) and the percentage is...

Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Jan. 11, 1964, the U.S. government issued its first health warning against cigarettes. Where Was The Market: The S&P 500 traded around 76.45 and the Dow traded near 766.08. What...

Marlboro cigarette maker Philip Morris International Inc. (NYSE: PM) announced Friday a deal that would give a further thrust to its "Beyond Nicotine" strategy. The Philip Morris-Vectura Deal Terms: New York-based Philip Morris said it has agreed with the board of Vectura Group plc (OTC...

An Altria Group (NYSE: MO) said in a Thursday 8-K filing that CEO Howard Willard has contracted the coronavirus and will take medical leave. Altria CFO William Gifford will take over as CEO until Willard returns.  On Thursday, Altria also reported the temporary suspension of operations at its...

The age for buying tobacco and e-cigarettes will rise from 18 to 21 in the United States under a budget measure passed by Congress Thursday. Trump Plans To Sign Bill  The measure, the most dramatic change in the tobacco product law in more than a decade, is part of a $1.4-trillion...

Witi, a producer of medical-grade vaporization devices, announced Thursday it has partnered with Perrigo (NYSE: PRGO) to create a new smoking cessation product. The two companies plan to work on an electronic nicotine delivery system that would later be submitted for approval by the FDA...

Cigarette and tobacco company Altria Group Inc (NYSE: MO) said in conjunction with its third-quarter report that it took a $4.5-billion pretax charge against its earnings from its investment in e-cigarette maker Juul. What Happened Altria said in its earnings release that a decision to...

Cigarette maker Philip Morris International Inc. (NYSE: PM) said Tuesday it's in discussions about the possibility of reuniting with industry leader Altria Group, Inc. (NYSE: MO) in a possible blocbuster all-stock merger that would create a massive $200-billion-plus company...

Cigarette company Altria Group Inc (NYSE: MO) reported second-quarter results that showed mixed trends, according to UBS. The Analyst UBS analyst Robert Rampton maintains a Neutral rating on Altria with a $52 price target. The Thesis Altria's quarter was highlighted by better-than-expected...