By Ankur Banerjee (Reuters) -The U.S. Food and Drug Administration on Thursday proposed a ban on menthol cigarettes and flavored cigars, a long-awaited win for anti-smoking and...
Altria (MO) reports smokeable volume fell 11.6% in Q1 to miss the consensus mark for a drop of 8.3%. Read details on the Q1 report.
Where there is smoke, as the saying goes, there is fire. But not always, when it comes to cigarette-makers as it turns out. At least not when they are eyeing the cannabis sector of...
Altria Group, Inc. is a holding company. The Company's segments include smokeable products, smokeless products and wine. The Company's subsidiaries include Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco, and UST LLC (UST), which, through its subsidiaries, including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle), is engaged in the manufacture and sale of smokeless tobacco products and wine. Its other operating companies include Nu Mark LLC (Nu Mark), a subsidiary that is engaged in the manufacture and sale of tobacco products, and Philip Morris Capital Corporation (PMCC), a subsidiary that maintains a portfolio of finance assets. Other subsidiaries include Altria Group Distribution Company and Altria Client Services LLC.