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Altria Group Inc

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  • Reynolds launching heat-not-burn cigarette Monday, 17 Nov 2014 | 11:03 AM ET

    RICHMOND, Va.— Reynolds American Inc. is launching a cigarette that heats tobacco rather than burning it, hoping to capitalize on the growing appetite for alternatives to traditional smokes. The nation's second-biggest tobacco company said Monday that it will begin selling Revo— a cigarette that uses a carbon tip that heats tobacco after being lit— in...

  • Massachusetts town weighs nation's 1st tobacco ban Sunday, 9 Nov 2014 | 10:20 AM ET

    WESTMINSTER, Massachusetts— The cartons of Marlboros, cans of Skoal and packs of Swisher Sweets are hard to miss stacked near the entrance of Vincent's Country Store, but maybe not for much longer: All tobacco products could become contraband if local health officials get their way. On Wednesday, the Board of Health will hear public comment on a proposed...

  • *Swedish Match looks to expand snus in U.S. market. But the future for main manufacturer Swedish Match may hinge on efforts to convince U.S. authorities these small pouches, banned on health grounds in the rest of the European Union, are less harmful than most other tobacco products. "It could potentially be an important catalyst," Swedish Match CEO Lars Dahlgren...

  • WASHINGTON, Oct 29- Cigarette maker Reynolds American's proposal to buy smaller rival Lorillard Inc presents antitrust regulators with a conundrum: Their mandate is to prevent higher prices because of mergers, but U.S. public policy aims to make cigarettes more expensive to discourage smoking. Reynolds, the No. 2 U.S. cigarette maker, said in July it would buy No. 3...

  • Sept 24- The Illinois Supreme Court agreed on Wednesday to hear Philip Morris USA's appeal of a $10.1 billion verdict accusing the Altria Group Inc unit of misleading consumers about the risks of smoking "light" cigarettes.

  • Sept 24- The Illinois Supreme Court on Wednesday agreed to hear Philip Morris USA's appeal of a $10.1 billion verdict accusing the Altria Group Inc unit of misleading consumers about the risks of smoking "light" cigarettes.

  • Jack Ma gets it—he LOVES Wall Street Monday, 22 Sep 2014 | 11:32 AM ET

    Here's why Jack Ma is smarter than Mark Zuckerberg, says trader-turned-comedian Raj Mahal.

  • Wal-Mart spokesman resigns after résumé discovery Tuesday, 16 Sep 2014 | 6:27 PM ET
    David Tovar

    Wal-Mart's vice president of corporate communications is leaving after a background check revealed he hadn't finished his college degree.

  • *Takeover of SABMiller seen costing nearly $122 bln. LONDON/ BRUSSELS, Sept 15- SABMiller's rejected bid for smaller brewer Heineken has revived talk about deals that could reshape the global beer industry in coming months. "We believe SABMiller could now be considered to be' in play' and view AB InBev as a potential acquirer," said Numis analyst Wyn Ellis.

  • *Yahoo gives up near 3 pct jump, volume high. Alibaba's could be the largest initial public offer in history and has seen "overwhelming" interest, meaning Yahoo's 23 percent stake could be worth more next week than it is now. Yahoo stock was falling 1.3 percent with 4.7 million shares already traded, after earlier hitting its highest in 14 years.

  • NEW YORK, Sept 15- Talk about further consolidation in the brewing industry was helping lift consumer staple stocks on the S&P 500, with the largest gainers Altria, in point terms, and Molson Coors, percentage-wise.

  • *Company rejects advances of bigger rival SABMiller. Begun in 1864 by Gerard Adriaan Heineken with the purchase of a brewery in Amsterdam, the company now has more than 165 plants in over 70 countries and is the world's third-largest beer maker- yet his great-granddaughter Charlene de Carvalho-Heineken is still wedded to the firm.

  • LONDON/ NEW YORK, Sept 12- As electronic cigarettes flew off shelves on both sides of the Atlantic in recent years, investors flocked to a business some hope will be the future for tobacco.

  • The 2008 lawsuit against Philip Morris, an Altria Group Inc company, concerns cigarette sales to the Navy Exchange Service Command and the Army and Air Force Exchange Service, both of which operate facilities that sell products to military personnel and their families.

  • CHICAGO, Aug 25- Electronic cigarettes may be more tempting to non-smoking youths than conventional cigarettes, and once young people have tried e-cigarettes they are more inclined to give regular cigarettes a try, U.S. researchers said on Monday.

  • New company to be 'coveted’ by pros, says Cramer Thursday, 14 Aug 2014 | 6:42 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) in New York.

    Every now and then a company is so strategic, its stock becomes a holding that pros want to keep on their sheets, no matter what.

  • Reynolds American CEO confident of merger approval Friday, 1 Aug 2014 | 6:24 PM ET
    A pack of Camel cigarettes, manufactured by Reynolds American, is in a display rack in a newsstand in London.

    Susan Cameron is confident regulators will allow the tobacco giant to acquire Lorillard for $24.7 billion.

  • Trendy vapor tanks muscling into e-cigarette sales Friday, 1 Aug 2014 | 6:02 PM ET

    A cult following is likely to grow as "vaping" becomes more fashionable and more stores, such as Walmart, carry the battery-powered metal tubes in a wide range of colors.

  • Lorillard e-cigarette sales slip as competition rises Wednesday, 30 Jul 2014 | 1:31 PM ET

    July 30- Lorillard Inc. on Wednesday reported significant declines in its electronic cigarettes sales, raising questions about the strength of the nascent market. Sales of its electronic devices dropped 35 percent to $37 million for the second quarter ended June 30, 2014 compared to $57 million for the same period last year.

  • Early movers: KO, MCD, VZ, AAPL, NFLX, CS & more Tuesday, 22 Jul 2014 | 8:06 AM ET
    Traders work the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.