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Altria Group Inc

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  • AP Top Extended Financial Headlines At 9:04 a.m. EDT Tuesday, 22 Jul 2014 | 9:04 AM ET

    US consumer prices up 0.3 percent in June, reflecting biggest jump in gasoline in 12 months Coke sales miss Wall Street expectations as Diet Coke remains soft McDonald's profit slips as US sales continue to suffer World stock markets rise as Ukraine plane tensions ease China suspect meat scandal engulfs Starbucks and Burger King, spreads to McDonald's in Japan Comcast 2nd- quarter earnings top Wall Street as Internet hookup pace accelerates Verizon 2 Q profit increases 93 percent thanks to Vodafone deal, tops forecast DuPont 2nd- quarter profit increases 3.9 percent US home sales expected to show moderate gain in June from previous month Marlboro maker Altria's 2 Q profit stays flat as higher prices offset lower cigarette shipments

  • AP Top Financial News At 9 a.m. EDT Tuesday, 22 Jul 2014 | 8:55 AM ET

    US consumer prices up 0.3 percent in June Coke's sales miss estimates as Diet Coke flags McDonald's 2 Q profit falls 0.7 percent World stocks rise as Ukraine plane tensions ease China meat scandal hits Starbucks, Burger King Comcast 2 Q earnings top views on Internet hookups Verizon 2 Q profit rises 93 percent DuPont 2 Q profit climbs 3.9 percent Marlboro maker Altria's 2 Q profit stays flat CIT Group buying OneWest Bank in $3.4 B deal

  • AP Top Extended Financial Headlines At 8:06 a.m. EDT Tuesday, 22 Jul 2014 | 8:06 AM ET

    Comcast 2nd- quarter earnings top Wall Street as Internet hookup pace accelerates US home sales expected to show moderate gain in June from previous month Verizon 2 Q profit increases 93 percent thanks to Vodafone deal, tops forecast US consumer prices likely to show smaller gain in June than May DuPont 2nd- quarter profit increases 3.9 percent Foreign financial institutions will be able to directly invest in Saudi stock market next year Altria 2 Q profit stays flat France sticks to warship sale to Russia despite calls for European arms embargo, sanctions China suspect meat scandal engulfs Starbucks and Burger King, spreads to McDonald's in Japan CIT Group purchasing OneWest Bank in a $3.4 billion cash-and-stock deal

  • AP Top Financial News At 8 a.m. EDT Tuesday, 22 Jul 2014 | 7:56 AM ET

    Comcast 2 Q earnings top views on Internet hookups Ahead of the Bell: US home sales Verizon 2 Q profit rises 93 percent Ahead of the Bell: US consumer prices DuPont 2 Q profit climbs 3.9 percent Altria 2 Q profit stays flat Amid sanctions, France in warship sale to Russia China meat scandal hits Starbucks, Burger King CIT Group buying OneWest Bank in $3.4 B deal World stocks rise as Ukraine plane tensions ease

  • Marlboro maker Altria's 2Q profit stays flat Tuesday, 22 Jul 2014 | 7:48 AM ET

    RICHMOND, Va.— Marlboro maker Altria Group posted flat second-quarter earnings Tuesday as higher prices helped to offset decline in the number of cigarettes it sold.

  • RJ Reynolds vows to fight $23.6B in damages Sunday, 20 Jul 2014 | 3:02 AM ET

    MIAMI— The nation's No. 2 cigarette maker is vowing to fight a jury verdict of $23.6 billion in punitive damages in a lawsuit filed by the widow of a longtime smoker who died of lung cancer. R.J. Reynolds Tobacco Co. executive J. Jeffery Raborn has called the damages awarded by a Pensacola jury "grossly excessive and impermissible under state and constitutional law."

  • Fla. jury slams RJ Reynolds with $23.6B in damages Saturday, 19 Jul 2014 | 3:48 PM ET

    MIAMI— A Florida jury has slammed the nation's No. 2 cigarette maker, R.J. Reynolds Tobacco Co., with $23.6 billion in punitive damages in a lawsuit filed by the widow of a longtime smoker who died of lung cancer in 1996.. The case is one of thousands filed in Florida after the state Supreme Court in 2006 tossed out a $145 billion class action verdict.

  • Philip Morris Int'l 2Q profit falls 13 percent Thursday, 17 Jul 2014 | 7:43 AM ET

    NEW YORK— Philip Morris International's second-quarter profit declined 13 percent, stung by foreign exchange rates for the U.S. dollar. The seller of Marlboro cigarettes and other brands outside the U.S. earned $1.85 billion, or $1.17 per share, for the period ended June 30. Shares of Philip Morris International rose 78 cents to $85.48 in morning trading.

  • NEW YORK/ LONDON, July 15- When Imperial Tobacco Group Plc agreed Tuesday to buy a group of brands from Reynolds American Inc and Lorillard Inc as part of their merger, the British company insisted the assets include Lorillard's blu e-cigarette unit.

  • JPMorgan and Lorillard are big market movers Tuesday, 15 Jul 2014 | 4:44 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. JPMorgan Chase& Co., up $1.98 to $58.27. The tobacco company will be sold to Reynolds American for about $25 billion, creating a formidable rival to Altria Group.

  • NEW YORK/ LONDON, July 15- Reynolds American Inc had no choice but to sell Lorillard Inc's top-selling blu electronic cigarettes brand after Britain's Imperial Tobacco Group Plc insisted it be part of a wider portfolio of assets it is buying, a source familiar with the transaction said.

  • US stocks mostly down as investors digest earnings Tuesday, 15 Jul 2014 | 9:26 AM ET

    Fed Chair Janet Yellen, speaking before Congress, said the U.S. economy has yet to recover fully, but raised the possibility the central bank could raise its key short-term interest rate sooner than currently projected.

  • July 15- Reynolds American Inc said it would buy rival Lorillard Inc for about $25 billion, merging two of the world's biggest cigarette makers amid a slowdown in sales. Reynolds, whose brands include Camel and Pall Mall, offered $68.88 per Lorillard share, representing a premium of 2.5 percent to Lorillard's Monday closing.

  • Tobacco firm Reynolds American to buy Lorillard Tuesday, 15 Jul 2014 | 7:28 AM ET

    Camel cigarette maker Reynolds American Inc.' s $25 billion deal to buy Newport maker Lorillard Inc. creates a formidable No. 2 tobacco company in the U.S. behind Marlboro maker Altria.

  • WASHINGTON, July 14- U.S. cigarette maker Reynolds American Inc, in talks to buy rival Lorillard Inc, may have a hard time convincing regulators to approve the deal because of their big shares in the traditional cigarette and fast-growing electronic cigarette markets.

  • Cramer’s smokin’ new stock pick Friday, 11 Jul 2014 | 6:18 PM ET

    Jim Cramer is a good stock picker but these picks are nothing short of smokin’.

  • *Reynolds, Lorillard marriage seen making $500 mln savings. LONDON, July 11- U.S. cigarette maker Reynolds American Inc is in talks to acquire rival Lorillard Inc in a multi-billion dollar deal that would reshape one of the world's biggest and most profitable tobacco markets, the companies said on Friday.

  • Stocks stabilize, but end down for the week Friday, 11 Jul 2014 | 9:18 AM ET

    NEW YORK— U.S. stocks stabilized and ended with a small gain Friday, but it wasn't enough to prevent the market's biggest weekly drop since April. As investors try to make sense of the market, "we could be in a holding pattern," said Kristina Hooper, US Investment Strategist at Allianz Global Investors. Its weekly decline of 0.9 percent was the biggest since April 11.

  • UPDATE 3-Reynolds, Lorillard confirm takeover talks Friday, 11 Jul 2014 | 8:32 AM ET

    *Lorillard market value is $22.9 bln. LONDON, July 11- U.S. cigarette maker Reynolds American Inc is in talks to acquire rival Lorillard Inc in a multi-billion dollar deal that would include the sale of some brands to Britain's Imperial Tobacco Group Plc, the companies said on Friday.

  • Tobacco firms Reynolds, Lorillard in merger talks Friday, 11 Jul 2014 | 7:14 AM ET

    A deal between Reynolds American Inc. and Lorillard Inc. would create a formidable No. 2 to rival Altria Group Inc., owner of Philip Morris USA. The merger would be "very positive for the global tobacco industry and could be just the beginning of future transactions," Wells Fargo Securities analyst Bonnie Herzog wrote in an investor note.