Today: September 16, 2024
Today: September 16, 2024

Tobacco Industry

Business

Altria adds $2.4 billion to share repurchase kitty, lifts earnings forecast on AB InBev stake sale

Altria Group expanded its share buyback program by $2.4 billion and raised its annual profit forecast on Thursday, after the Marlboro maker agreed to sell about 10% of its stake in brewer

April 26, 2024
Altria adds $2.4 billion to share repurchase kitty, lifts earnings forecast on AB InBev stake sale
Business|Economy|News|Technology

Philip Morris faces key test with US heated tobacco push

Philip Morris International's goals for heated tobacco in the United States are reachable, analysts and investors say, even though rivals see limited potential in a

May 14, 2024
Philip Morris faces key test with US heated tobacco push
Business|Finance

Philip Morris raises profit forecast as nicotine pouch demand grows

Philip Morris International raised its annual profit forecast on Tuesday, banking on higher cigarette prices and its growing nicotine pouch brand ZYN while trimming the outlook for its

July 23, 2024
Philip Morris raises profit forecast as nicotine pouch demand grows

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