Marlboro

Philip Morris To Buy UK's Vectura In 'Beyond Nicotine' Push

Marlboro cigarettes maker Philip Morris International agreed on Friday to buy British drugmaker Vectura for £1.05 billions ($1.44 billion) to bolster...

Marlboro Maker Altria Sees 2021 Profit Below Estimates

Marlboro maker Altria Group Inc forecast 2021 profit below estimates on Thursday, saying it would spend more on developing and marketing noncombu...

Marlboro Maker Altria Takes $2.6bn Third-Quarter Hit On Juul Investment

Altria Group Inc said on Friday it took a $2.6 billion charge on its investment in Juul Labs Inc in the third quarter, mainly due to lower revenue projecti...

Marlboro Maker Altria Forecasts Higher 2020 Earnings

Marlboro maker Altria Group Inc said on Tuesday it expected full-year earnings to rise as much as 4% from last year and announced plans to make its IQOS he...

Marlboro Maker Altria Tops Sales Targets, Keeps Dividend

Altria Group Inc topped quarterly sales expectations as shoppers stocked up cigarettes ahead of COVID-19 lockdowns and the Marlboro maker said it woul...

Altria Takes Another $4bn Hit On Juul Investment

Altria Group Inc took another $4 billion (€3.6 billion) charge on its investment in Juul Labs Inc and said it had reworked its deal terms with the emb...

Philip Morris, Altria In Merger Talks As Marlboro Fades And E-Cigs Light Up

Marlboro maker Philip Morris International Inc has said it is in talks to reunite in a merger with Altria Group Inc following its 2008 spin-off, as the tob...

Altria Confirms Purchase Of Minority Stake In E-Cigarette Company Juul

Marlboro cigarette maker Altria Group Inc has confirmed that it is to buy a 35% stake in Juul Labs Inc for $12.8 billion, a marriage between an old-line to...