Key Developments: Altria Group Inc (MO)

MO on New York Consolidated

54.44USD
26 Jan 2015
Change (% chg)

$0.25 (+0.46%)
Prev Close
$54.19
Open
$54.21
Day's High
$54.46
Day's Low
$53.85
Volume
6,149,617
Avg. Vol
6,577,370
52-wk High
$54.71
52-wk Low
$33.80

Search Stocks

Latest Key Developments (Source: Significant Developments)

Altria Group Inc reaffirms FY 2014 EPS guidance
Wednesday, 19 Feb 2014 08:00am EST 

Altria Group Inc:Affirms fiscal 2014 guidance for reported diluted earnings per share (EPS) in a range of $2.51 to $2.58.Reaffirms fiscal 2014 guidance for adjusted diluted EPS, which excludes the special items shown in the table below, in a range of $2.52 to $2.59.Fiscal 2014 EPS of $2.57 - Thomson Reuters I/B/E/S.  Full Article

Altria Group Inc announces agreement to acquire E-Vapor business of Green Smoke, Inc
Monday, 3 Feb 2014 08:00am EST 

Altria Group Inc:Says its subsidiary, Nu Mark LLC (Nu Mark), entered into an agreement to acquire the e-vapor business of Green Smoke, Inc. and its affiliates (Green Smoke) for about $110 mln in cash, subject to closing adjustments, and up to $20 mln in incentive payments.Says Green Smoke was founded in 2008 and has operations in the United States and Israel.Says the transaction will be completed in the Q2 2014.  Full Article

Altria Group Inc gives FY 2014 EPS outlook to a range in line with analysts' estimates
Thursday, 30 Jan 2014 06:59am EST 

Altria Group Inc:Sees FY 2014 reported diluted EPS to be in the range of $2.51 to $2.58, which reflects estimated SABMiller plc (SABMiller) special items.Sees FY 2014 adjusted diluted EPS, which excludes the special items will be in a range of $2.52 to $2.59.FY 2014 EPS of $2.58 - Thomson Reuters I/B/E/S.  Full Article

Philip Morris International Inc and Altria Group Inc establish strategic framework to commercialize reduced-risk products and e-cigarettes
Friday, 20 Dec 2013 08:00am EST 

Philip Morris International Inc (PMI):Establishes a strategic framework with Altria Group Inc to commercialize reduced-risk products and e-cigarettes.Says under the terms of a set of agreements, Altria will make available its e-cigarette products exclusively to PMI for commercialization outside the United States (US) and PMI will make available two of its candidate reduced-risk tobacco products exclusively to Altria for commercialization in US.Says in US it is envisaged that PMI’s products would be regulated as Modified Risk Tobacco Products and any commercialization would be subject to U.S. Food and Drug Administration (FDA) authorization.Says the agreements also provide for cooperation on the scientific assessment and regulatory engagement and authorization related to these products with the FDA, among others.  Full Article

Altria Group Inc declares regular quarterly dividend of $0.48 per common share
Wednesday, 11 Dec 2013 11:00am EST 

Altria Group Inc:Declares a regular quarterly dividend of $0.48 per common share, payable on Jan. 10, 2014, to shareholders of record as of Dec. 26.Says the ex-dividend date is Dec. 23.  Full Article

Altria Group Inc Reaffirms FY 2013 EPS Guidance
Tuesday, 12 Nov 2013 04:45pm EST 

Altria Group Inc announced that for fiscal 2013, it expects diluted EPS from a range of $2.22 to $2.27 to a range of $2.23 to $2.28, reflecting the Estimated Charge and the other special items and adjusted diluted EPS, which excludes the special items to be in the range of $2.36 to $2.41. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.39 for fiscal 2013.  Full Article

Altria Group Inc Comments On Q4 2013 Charge Guidance; Reaffirms FY 2013 EPS Guidance
Monday, 28 Oct 2013 08:30am EDT 

Altria Group Inc announced that it expects to record a one-time pre-tax charge of approximately $1.1 billion, or $0.35 per share, against reported earnings in the fourth quarter of 2013, reflecting the estimated loss on early extinguishment of debt related to the tender offer (the Estimated Charge). The Estimated Charge assumes current market pricing and that $2.0 billion in Notes are tendered. The final pre-tax charge will vary to the extent that the pricing and amount of Notes tendered differ from Altria's original assumptions. For fiscal 2013, it expects reported diluted earnings per share (EPS) from a range of $2.57 to $2.62 to a range of $2.22 to $2.27, reflecting the Estimated Charge and the other special items and adjusted diluted EPS, which excludes the special items, to be in the range of $2.36 to $2.41, representing a growth rate of 7% to 9% from an adjusted diluted EPS base of $2.21 per share in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.40 for fiscal 2013.  Full Article

Altria Group Inc Reaffirms FY 2013 EPS Guidance
Thursday, 24 Oct 2013 06:59am EDT 

Altria Group Inc reaffirmed its fiscal 2013 guidance and expects diluted earnings per share (EPS) to be in a range of $2.57 to $2.62 and adjusted diluted EPS to be in a range of $2.36 to $2.41, representing a growth rate of 7% to 9% from an adjusted diluted EPS base of $2.21 in 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.39 for fiscal 2013.  Full Article

Altria Group Inc Reaffirms FY 2013 EPS Guidance
Monday, 16 Sep 2013 05:37pm EDT 

Altria Group Inc reaffirmed its guidance for fiscal 2013 adjusted diluted EPS, which excludes special items shown in the table below, to be in the range of $2.36 to $2.41, representing a growth rate of 7% to 9% from an adjusted diluted EPS base of $2.21 per share in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.39 for fiscal 2013.  Full Article

Altria Group Inc Reaffirms FY 2013 EPS Guidance
Tuesday, 3 Sep 2013 10:00am EDT 

Altria Group Inc announced that it has reaffirmed its fiscal 2013 guidance for reported diluted earnings per share (EPS) to be in a range of $2.51 to $2.56 and adjusted diluted EPS, which excludes special items to be in the range of $2.36 to $2.41, representing a growth rate of 7% to 9% from an adjusted diluted EPS base of $2.21 per share in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.39 for fiscal 2013.  Full Article

Fitch Rates Altria's Proposed $1B Debt Issuance 'BBB+'

(The following statement was released by the rating agency) CHICAGO, November 11 (Fitch) Fitch Ratings has assigned a 'BBB+' rating to Altria Group, Inc.'s (Altria) proposed senior unsecured notes issuance. A total of $1 billion in notes are being issued with a maturity date in 2020. The Rating Outlook is Stable. At Sept. 30, 2014, Altria had approximately $14 billion of total debt. The senior unsecured notes will rank equal to Altria's other existing and future senior unsecured indebtednes

Search Stocks