MO Stock Hammered as Vape Crisis Weighs on Juul Maker’s Earnings
MO stock is sinking on Thursday after tobacco giant Altria (NYSE:MO) posted a fourth-quarter loss of US$1.81 billion, dragged down by a US$4.1 billion impairment charge for its investment in the company at the center ... [Read]
MO Stock Wavers as Juul Battles Vape Crisis Headwinds
MO stock has been stuttering in recent weeks due to Altria’s (NYSE:MO) stake in Juul, the company at the forefront of the vaping crisis, after the e-cigarette manufacturer announced it was cutting up to 500 ... [Read]
MO Stock Boosted Slightly as Philip Morris Reunion Plans Ended
MO stock is in the green today after Altria Group (NYSE:MO) announced it had ended merger talks with Philip Morris International (NYSE:PM). The two tobacco heavyweights were once one company; however, they split over a ... [Read]
MO Stock Slides As Altria Considers Philip Morris Reunion
Altria Group (NYSE:MO) is in talks to reunite with Philip Morris International (NYSE:PM), sending MO stock 3% into the red. The two tobacco heavyweights split almost a decade ago as a result of languishing MO ... [Read]
Altria Group Shares Continue to Fall in Pre-market Trade Today
And the bad news for tobacco companies continues! By now, most people are aware of the FDA’s latest proposition: lower the level of nicotine in cigarettes. As a result, Altria Group (NYSE:$MO) shares have continued ... [Read]
Thanks to the FDA, Altria Shares Dropped 10% Today
On July 28, the Food and Drug Administration disclosed a plan for tobacco and nicotine regulation. The proposed regulation is the first step in the FDA’s plan to lower nicotine in cigarettes to non-addictive levels. ... [Read]
Updates for Shareholders of mCig, Inc.
mCig, Inc., (OTCQB:$MCIG) — a holdings company with a focus on the various technologies, products, and services for the legal hemp and cannabis markets — has recently expanded from being a vaporizer manufacturer to cultivating ... [Read]