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2024-03-14 11:51:15 ET Altria (NYSE: MO) is pouring out some of its Anheuser-Busch InBev (NYSE: BUD) stock. The move is leaving BUD holders with a bad taste in their mouth, sending shares of the spirits maker down 5% as of 11:30 a.m. ET. Altria, the global tobacco giant,...
2024-03-14 10:39:44 ET Altria ( NYSE: MO ) shares were halted ahead of the company's announcement it will sell 35M shares of Anheuser-Busch InBev ( BUD ) through a global secondary offering at a price of $61.50 per ADS, corresponding to €56.17 per ABI ordinary share.....
Altria Group, Inc. (Altria) (NYSE: MO) today announced that it has agreed to sell 35 million shares of Anheuser-Busch InBev SA/NV (ABI) (NYSE: BUD) (Euronext: ABI) (MEXBOL: ANB) (JSE: ANH) through a global secondary offering (offering) comprised of a public offering of ABI ordinary shares represe...
2024-03-14 09:18:00 ET U.S. stock index futures on Thursday pointed to a higher open, with market participants receiving further data on inflation and consumer spending. Here are some stocks to watch on Thursday: ... Read the full article on Seeking Alpha For further de...
2024-03-14 03:32:16 ET Summary In today’s article, I will present a dividend portfolio that includes 3 ETFs, March’s Top 10 High Dividend Yield companies, as well as five companies that focus on dividend growth. The Combined Weighted Average Yield stands at 3.58%, hi...
2024-03-13 17:04:24 ET Cigarette behemoth Altria ( NYSE: MO ) on Wednesday said it planned to sell a portion of its investment in beer giant Anheuser-Busch InBev ( BUD ) through a proposed global secondary offering.... Read the full article on Seeking Alpha For ...
Altria Group, Inc. (Altria) (NYSE: MO) today announced its intent to sell a portion of its investment in Anheuser-Busch InBev SA/NA (ABI) (NYSE: BUD) (Euronext: ABI) (MEXBOL: ANB) (JSE: ANH) through a global secondary offering (offering) comprised of a public offering of ABI ordinary shares repre...
2024-03-13 16:10:37 ET Altria Group ( NYSE: MO ) shares traded in the green for the seventh consecutive day on Wednesday. Stock closed up 0.74% at $43.37.... Read the full article on Seeking Alpha For further details see: Altria trades in the green for seventh straig...
2024-03-13 13:58:44 ET Summary Altria Group stock has slightly trailed the S&P 500 but remained resilient. MO attracts investors with its cheap valuation and robust dividend yields. Altria faces a structural decline in its legacy tobacco portfolio and must improve its portfoli...
2024-03-13 08:10:58 ET Summary US stocks climbed higher in February with the DJIA adding 0.4% and the S&P closing in on the 5,000-point mark. Interest rates were kept steady again in a range of 5.25% to 5.5%, with the market now projecting fewer hikes this year as the economy ...
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2024-05-18 02:02:00 ET I like to buy companies with long histories of dividend increases while they are offering historically high dividend yields. On the surface, that would suggest that I might want to buy Altria (NYSE: MO) and its huge 8.7% yield. No, thanks: I'd rather own Hor...
The Zacks Tobacco industry players have been witnessing soft cigarette sales volumes due to inflation, changing consumer habits, and stringent regu...
Altria Group, Inc. (Altria) (NYSE: MO) held our 2024 Annual Meeting of Shareholders (Annual Meeting) today. During the Annual Meeting, Billy Gifford, Altria’s Chief Executive Officer, provided brief remarks and addressed shareholder questions. A copy of the presentation and a replay of the...