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Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes, and related products. It operates worldwide and is headquartered in Henrico County, Virginia, just outside the city of Richmond . Altria is the parent company of Philip ...
Philip Morris USA is the American tobacco division of the American tobacco corporation Altria Group. It has been the leading cigarette manufacturer in the U.S. since the late 20th century. Its major brands include Marlboro, Virginia Slims, Benson & Hedges, Merit, and Parliament. The company was incorporated in New York City in 1902 as Philip ...
In 2000, Philip Morris (renamed Altria in 2003) acquired Nabisco Holdings for $18.9 billion and merged the company with Kraft Foods the same year. In 2001, Philip Morris sold 280 million Kraft shares via the third-largest IPO of all time, retaining an 88.1% stake in the company.
Weak revenue growth from Philip Morris and concerns about its vape product sent both tobacco stocks lower. Why Shares of Altria Group, Inc. and Philip Morris International Fell Today Skip to main ...
Brother goes up against brother as we pit Altria (NYS: MO) and Philip Morris International. In this Motley Fool series, we rank two related stocks on five criteria to determine the better buy ...
Over the last 25 years, Altria (NYSE:MO) returned nearly 3,900% for investors, as compared to a 601% return on the S&P 500. There's no reason to think Altria stock will be stuck in place for too ...
Philip Morris International's research center is located in Neuchatel, Switzerland and houses Philip Morris International's product research and development program. As of April 2018, earnings reports showed the company had spent $4.5 billion on four products: two that heat rather than burn tobacco, and two other nicotine products. [45]
In today's video, Fool.com producer Austin Smith compares two popular huge dividend stocks, Altria and Philip Morris. Despite Altria's larger dividend yield, he believes its sister company is a ...