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Altria Group Inc (MO)

MO on New York Consolidated

70.01USD
20 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Reynolds Tobacco Co, Lorillard Inc and Altria Group Inc to settle smoking lawsuits for $100 mln - Reuters
Wednesday, 25 Feb 2015 12:35pm EST 

Altria Group Inc:Three U.S. tobacco companies - R.J. Reynolds Tobacco Co, Lorillard Inc and Altria Group's Philip Morris USA - will pay $100 mln to settle hundreds of federal lawsuits over smoking, according to an announcement from plaintiffs' lawyers - Reuters.The agreement will cover more than 400 lawsuits filed in federal court in Florida by smokers or their families, according to court filings.Philip Morris and R.J. Reynolds will each pay $42.5 mln and Lorillard will pay $15 mln.It is the first agreement reached by the three companies to resolve a chunk of so-called Engle cases, named after a class action brought by Florida residents over injuries or deaths they said were caused by tobacco-related medical conditions.  Full Article

Altria Group declares regular quarterly dividend of $0.52 per common share
Wednesday, 25 Feb 2015 09:00am EST 

Altria Group Inc:Declares a regular quarterly dividend of $0.52 per common share.Payable on April 10 to shareholders of record as of March 16.  Full Article

Altria Group Inc reaffirms FY 2015 EPS guidance - Conference Call
Wednesday, 18 Feb 2015 09:15am EST 

Altria Group Inc:Reaffirms expectation to deliver FY 2015 adjusted diluted EPS in a range of $2.75 to $2.80.FY 2015 EPS of $2.80 - Thomson Reuters I/B/E/S.  Full Article

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Vape companies try to galvanize Trump administration to ease FDA rules

As tobacco and vaping companies focus on new smoking products that are potentially less harmful, the industry sees an opening for rolling back rules on these products under the Trump administration.