Altria Group Inc.

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Altria announces departure of UST executive

AP News 19 days ago

<div id="subtitle">Altria announces departure of UST executive, following integration of smokeless business</div><div><p>Altria Group Inc. said on Friday that Murray S. Kessler, chief executive of the smokeless tobacco company UST Inc., will leave the company at the end of June after overseeing key ...

U.S. federal jury rejects $24 mln Altria tax refund

Reuters US Online Report Business News 19 days ago

<div><p>CHICAGO (Reuters) - Altria Group Inc &lt;MO.N&gt; said it will seek a further review of a federal jury verdict against it that threw out $24 million in tax refunds from investments in utilities and other assets.</p><p>The largest U.S. tobacco company argued its ...

Federal jury rejects Altria's tax shelter claim

AP News 19 days ago

<div id="subtitle">Federal jury rejects Altria Group's $24 million tax shelter claim</div><div><p>A federal jury has rejected a $24 million tax refund claim filed by tobacco company Altria Group Inc.</p><p>The IRS challenged tax deductions the Richmond, Va.-based company made ...

Altria Group 2Q profit up, co. boosts forecast

AP News 19 days ago

<div id="subtitle">Altria 2Q profit up and co. hikes forecast as cuts help offset falling cigarette volumes</div><div><p>Even though Americans bought fewer cigarettes in the second quarter, profit rose 9 percent at Altria Group Inc., owner of the nation's biggest cigarette maker, Philip Morris ...

Cigarette sellers beat Wall Street estimates

AP News 19 days ago

<div id="subtitle">Cigarette sellers beat Wall Street: higher prices, cost cuts offset strong dollar, tax hike</div><div><p>Two of the world's biggest cigarette makers reported Thursday that they emerged from the second quarter in better shape than analysts expected, having raised prices and cut costs ...

Jury awards punitive damages to smoker's daughter

AP News 20 days ago

<div id="subtitle">Jury: Philip Morris USA should pay $13.8M in punitive damages to lung cancer victim's daughter</div><div><p>A jury on Monday recommended that cigarette maker Philip Morris USA should pay $13.8 million in punitive damages to the daughter of a longtime smoker who died ...

Altria Group raises regular dividend to 34 cents

AP News 20 days ago

<div id="subtitle">Altria Group lifts regular quarterly dividend by 2 cents to 34 cents</div><div><p>Altria Group Inc., owner of Philip Morris USA, on Thursday boosted its regular quarterly dividend by 2 cents to 34 cents.</p><p>The company will pay the dividend on ...

Major cigarette makers sue over new tobacco law

AP News 20 days ago

<div id="subtitle">R.J. Reynolds, Lorillard sue federal govt to block marketing regs in new tobacco law</div><div><p>Two of the three largest U.S. tobacco companies filed suit Monday to block marketing restrictions in a law that gives the U.S. Food and Drug Administration authority over ...

Int'l Trade Comm. stops import of fake cigarettes

AP News 20 days ago

<div id="subtitle">Int'l Trade Commission to stop illegal Internet imports of counterfeit Marlboro cigarettes</div><div><p>The International Trade Commission has ordered U.S. customs officials to bar imports of import of counterfeit cigarettes bearing the trademarks of Philip Morris USA, the nation's No. 1 tobacco company ...

U.S. court reinstates Alaska smoker case versus Altria

Reuters US Online Report Domestic News 20 days ago

<div><p>LOS ANGELES (Reuters) - A U.S. appeals court on Monday reinstated an Alaska lawsuit against Altria Group Inc's Philip Morris USA by the survivor of a deceased smoker, saying her state product liability claims were not preempted by federal law and should ...

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