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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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October 30, 2014
10:56 EDTMOAltria Group files automatic mixed securities shelf
07:03 EDTMOAltria Group reaffirms Fy14 adjusted EPS view $2.54-$2.59, consensus $2.57
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07:03 EDTMOAltria Group reports Q3 adjusted EPS 69c, consensus 68c
Reports Q3 revenues net of excise taxes $4.8B, consensus $4.73B.
October 29, 2014
15:41 EDTMONotable companies reporting before tomorrow's open
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14:21 EDTMOEarnings Preview: Altria Group up more than 13% since Q2 report
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