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Altria Group Inc. - MO STOCK NEWS

Welcome to our dedicated news page for Altria Group (Ticker: MO), a resource for investors and traders seeking the latest updates and insights on Altria Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Altria Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Altria Group's position in the market.

Rhea-AI Summary
FireFly Automatix, Inc. appoints M. Max Yzaguirre as a strategic advisor, following the addition of former WPP Group CFO Paul Richardson and capital markets professional Liz Hocker to its board. Yzaguirre brings 35 years of leadership experience and expertise in various industries. FireFly's AMP-L100, the company's first fully autonomous and EV offering, has seen significant success. These appointments are expected to facilitate FireFly's expansion in 2024 and beyond.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
none
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Rhea-AI Summary
Altria Group, Inc. (NYSE: MO) will host a live webcast to discuss its 2023 fourth-quarter and full-year business results. The webcast will feature CEO Billy Gifford and CFO Sal Mancuso and will be available on altria.com. The press release will be issued at 7:00 a.m. Eastern Time on February 1, 2024, with the webcast following at 9:00 a.m. Eastern Time. Pre-event registration is required, and an archived copy of the webcast will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
conferences
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Rhea-AI Summary
Altria Group, Inc. (NYSE: MO) declares a regular quarterly dividend of $0.98 per share, payable on January 10, 2024, to shareholders of record as of December 21, 2023. The ex-dividend date is December 20, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.84%
Tags
dividends
Rhea-AI Summary
Altria Group reports Q3 2023 business results and narrows full-year guidance. Net revenues decreased 4.1% to $6.3 billion. Adjusted diluted EPS remained unchanged at $1.28. Altria expects adjusted diluted EPS growth rate of 1.5% to 3% for 2023. Completed acquisition of NJOY Holdings, Inc. and expects ACE distribution in 70,000 stores by year-end.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.31%
Tags
-
Rhea-AI Summary
Nabil Y. Sakkab, a director of Altria Group, Inc., will retire from the Board of Directors after his current term. Altria anticipates holding its 2024 Annual Meeting of Shareholders on May 16, 2024. Sakkab's retirement marks the end of his 15-year tenure and his contributions to Altria. Altria's portfolio includes leading tobacco products and a focus on transitioning adult smokers to smoke-free alternatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.31%
Tags
management
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Rhea-AI Summary
Altria's operating company NJOY files litigation against 34 manufacturers, distributors, and retailers of illicit disposable e-vapor products in California.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.18%
Tags
none
Rhea-AI Summary
Altria Group, Inc. to host a live webcast to discuss its 2023 third-quarter and nine-months business results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
conferences
-
Rhea-AI Summary
Altria Group, Inc. (NYSE: MO) increases quarterly dividend by 4.3% to $0.98 per share, representing a dividend yield of 9.1%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
dividends
-
Rhea-AI Summary
Altria Group's subsidiary NJOY files complaint against JUUL Labs with the U.S. International Trade Commission seeking a ban on certain JUUL e-vapor products due to patent infringement. NJOY also files a complaint in the U.S. District Court for the District of Delaware. NJOY ACE is currently the only pod-based e-vapor product authorized by the FDA. Altria Group is a leading tobacco products company with a portfolio of combustible and smoke-free products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
Tags
none
Rhea-AI Summary
Altria Group reports solid first-half results, reaffirms guidance for 2023 full-year adjusted diluted EPS growth rate of 1% to 4%. Q2 2023 net revenues decreased by 0.5% to $6.5 billion, while adjusted diluted EPS increased by 4.0% to $1.31. The company completed the acquisition of NJOY and received a final payment of $1.8 billion from PMI. They repurchased 10.4 million shares and paid dividends of $1.7 billion in Q2.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
Altria Group Inc.

NYSE:MO

MO Rankings

MO Stock Data

70.51B
1.76B
0.1%
59.9%
3.51%
Tobacco Manufacturing
Manufacturing
Link
US
Richmond

About MO

Altria Group, Inc. is an American corporation and one of the worlds largest producers and marketers of tobacco, cigarettes and related products. It operates worldwide and is headquartered in Henrico County, Virginia, just outside the city of Richmond.