Altria's cigarette business is suffering huge volume declines, yet investors continue to push the stock higher.

Altria's cigarette business is doing worse than those of its peers. That's the company's own fault and it could be a huge ...

Negotiations regarding the failed Public Safety Building redevelopment have dragged on for months. Ultimately, Richmond could ...

In the latest market close, Altria (MO) reached $53.17, with a -1.68% movement compared to the previous day. This change lagged the S&P 500's daily gain of 1.07%. Meanwhile, the Dow experienced a ...

Altria adds $2.4 bln to share repurchase kitty, lifts earnings forecast on AB InBev stake sale March 14, 2024 Reuters, the news and media division of Thomson Reuters, is the world’s largest ...

The decline in cigarette volumes remains a critical issue for Altria. If the company fails to offset these declines with substantial growth in new smoke-free categories, it could face prolonged ...

This had long been viewed as a problem by investors, but recently, some small positives have left investors willing to overlook the very real problems Altria continues to face. Cigarette sales ...

The success that Altria is seeing with NJOY is good news, but that still doesn't make it particularly meaningful financially. The real problem here is that Altria set all of this up. And cigarette ...

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Altria (NYSE: MO) is a giant in the cigarette business, with its iconic Marlboro brand holding a huge 42% share of the North American cigarette market and a 59.4% share in the premium space.

Altria's most important business is selling cigarettes. Its cigarette sales volumes have been in steady decline. Consumer staples companies that struggle with volume issues are usually shunned by ...