Despite cigarette volume declines, Altria Group 3Q profit rises on cost-cuttingOctober 21st, 2009 Altria Group 3Q profit rises on cost-cuttingRICHMOND, Va. — Altria Group Inc.
Altria kicks off tobacco industry 3Q earns; analysts eye cigarette volume, market share lossesOctober 19th, 2009 Earnings Preview: Altria GroupRICHMOND, Va. — Altria Group Inc.
FDA ban on flavored cigarettes takes effect, 1 of first visible signs of tobacco regulationSeptember 22nd, 2009 FDA ban on flavored cigs takes effectRICHMOND, Va. — The new federal ban on flavored cigarettes took effect on Tuesday, marking one of the first visible signs of the Food and Drug Administration's new authority to regulate tobacco.
R.J. Reynolds, Lorillard sue over new law giving FDA authority to regulate cigarette makersAugust 31st, 2009 Major cigarette makers sue over new tobacco lawRICHMOND, Va. — Two of the three largest U.S.
Altria Group lifts regular quarterly dividend by 2 cents to 34 centsAugust 27th, 2009 Altria Group raises regular dividend to 34 centsRICHMOND, Va. — Altria Group Inc., owner of Philip Morris USA, on Thursday boosted its regular quarterly dividend by 2 cents to 34 cents.
Discount-store chain Dollar General files for initial public offeringAugust 21st, 2009 Dollar General files for initial public offeringNEW YORK — Discount-store chain Dollar General Corp. plans to go public in an initial public offering, according to documents filed with federal regulators Thursday.
BSkyB posts solid fourth quarter profits as recession-hit consumers enjoy home entertainmentJuly 30th, 2009 BSkyB earns supported by homebound consumersLONDON — Satellite TV service British Sky Broadcasting Group posted fourth quarter earnings of 90 million pounds ($148 million) as more consumers turned to home entertainment in the recession. The net profit for BSkyB, which is 39 percent owned by Rupert Murdoch's News Corp., compared to a loss of 9 million pounds a year ago.
Colgate-Palmolive CEO Ian Cook says consumers around the world react differently to pricesJuly 30th, 2009 On the Call: Colgate-Palmolive CEO Ian CookToothpaste and personal care maker Colgate-Palmolive saw its sales volume fall in the second quarter as consumers reacted to price increases. But the company is coming out with new, higher-priced products and CEO Ian Cook discussed how consumers are still willing to spend more money, on a conference call Thursday with analysts.
Altria Group 2nd-quarter profit rises on acquisition, lower expenses, higher cigarette salesJuly 22nd, 2009 Altria Group profit, revenue climb in 2nd quarterRICHMOND, Va. — Altria Group Inc., owner of Philip Morris USA, said Wednesday that its second-quarter profit rose 9 percent partly on lower corporate expenses, an acquisition and improved cigarette sales.
Federal jury rejects Altria Group's $24 million tax shelter claimJuly 10th, 2009 Federal jury rejects Altria's tax shelter claimWASHINGTON — A federal jury has rejected a $24 million tax refund claim filed by tobacco company Altria Group Inc. The IRS challenged tax deductions the Richmond, Va.-based company made in 1996 and 1997 in connection with leveraged lease transactions.
Altria announces departure of UST executive, following integration of smokeless businessJune 26th, 2009 Altria announces departure of UST executiveRICHMOND, Va. — Altria Group Inc.
Ex-Chrysler chief Iacocca extends welcome to Fiat's Marchionne after takeoverJune 12th, 2009 Iacocca to Marchionne: Welcome to ChryslerAUBURN HILLS, Mich. — The man who led the rescue of Chrysler in the 1980s has words of welcome for Fiat chief Sergio Marchionne after the Italian automaker's takeover of the U.S.
Avon Products 1st-quarter profit falls 36 percent on foreign exchange pressureMay 5th, 2009 Avon Products 1Q profit falls 36 pctNEW YORK — Avon Products Inc. on Tuesday said its first-quarter profit fell 36 percent, due to significant foreign exchange pressures and the impact of the global recession.
Altria Group 1st-quarter profit falls 76 percent on charges, higher interest expensesApril 22nd, 2009 Altria Group 1Q profit drops 76 percentRICHMOND, Va. — Altria Group, the owner of the nation's biggest cigarette maker, says its first-quarter profit fell 76 percent because of acquisition charges and higher interest expenses.
Altria Group 1Q profit tumbles 76 pct on charges, interest expenses, adj. results beat viewApril 22nd, 2009 Altria Group 1Q profit drops, still tops viewNEW YORK — Altria Group Inc. said Wednesday acquisition charges and interest expenses outweighed strong cigar sales, leading the owner of the nation's biggest cigarette maker to report a 76 percent drop in its first-quarter profit.
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