UPDATE: Morgan Stanley Downgrades Altria (MO) to Equalweight
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Altria Group (MO) Announces Election of Two Board Members and Retirement of John T. Casteen III
October 28, 2021 7:25 AM EDTAltria Group, Inc. (Altria) (NYSE: MO) is pleased to announce that Marjorie M. Connelly and R. Matt Davis joined its Board of Directors (Board) as of October 27, 2021.
Both Marge and Matt bring a tremendous amount of senior-level public company experience, said Kathryn McQuade, Altrias Board Chair. I believe that their significant expertise, including in operations, business strategy, consumer insights and public policy, will enhance the Boards strategic oversight as Altria pursues its Vision to responsibly lead the transition of adult... More
Altria Group (MO) Misses Q3 EPS by 4c; Revenues Beat; Expands Buyback
October 28, 2021 7:04 AM EDTAltria Group (NYSE: MO) reported Q3 EPS of $1.22, $0.04 worse than the analyst estimate of $1.26. Revenue for the quarter came in at $6.79 billion versus the consensus estimate of $5.74 billion.
Yesterday, Altrias Board of Directors (Board) authorized the expansion of Altrias existing $2 billion share repurchase... More
