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Stock Market & Financial Investment News

News Breaks
February 3, 2014
09:46 EDTMOAltria Group agrees to acquire e-vapor business of Green Smoke for $110M
Altria Group announced that its subsidiary, Nu Mark entered into an agreement to acquire the e-vapor business of Green Smoke and its affiliates for approximately $110M in cash, subject to closing adjustments, and up to $20M in incentive payments. Green Smoke's revenues for 2013 were approximately $40M. The agreement contains provisions to retain key management infrastructure and talent. Subject to closing conditions, Nu Mark anticipates that the transaction will be completed in the second quarter of 2014.
News For MO From The Last 14 Days
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February 26, 2015
08:59 EDTMOAltria Group backs FY15 adjusted EPS $2.75-$2.80, consensus $2.80
Altria (MO) expects to record a one-time, pre-tax charge against reported earnings in Q1, reflecting the loss on early extinguishment of debt related to the tender offer. The final pre-tax charge will depend upon the pricing and amount of notes purchased in the tender offer. EPS guidance excludes the Charge as well as an approximate 2c per share provision that will be recorded by Philip Morris USA (PM) in Q1.
February 25, 2015
09:49 EDTMOPhilip Morris USA reaches agreement to resolve federal Engle progency litigation
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09:39 EDTMOR.J. Reynolds, other makers reach favorable resolution of Engle progeny cases
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February 24, 2015
09:35 EDTMOActive equity options trading on open
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February 18, 2015
09:36 EDTMOAltria Group sees shipping e-vapor products for international market in Q1
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09:21 EDTMOAltria Group sees growing long-term adjusted EPS at avg. annual rate of 7%-9%
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07:45 EDTMOAltria Group reaffirms FY15 adjusted EPS view $2.75-$2.80, consensus $2.80
04:55 EDTMOStocks with implied volatility movement; MO ORCL
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February 17, 2015
07:15 EDTMOConsumer Analyst Group of New York (CAGNY) to hold a conference
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