(Bloomberg) — Altria Group Inc. is seeking to sell a portion of its stake in Anheuser-Busch InBev SA for as much as $2.2 billion to help fund its…
Read more Altria Plans to Sell More Than $2 Billion of AB InBev SharesCigarettes were once prominently displayed in Hollywood films and glossy magazines. But decades of evidence that smoking kills has caused consumption to plummet. The tobacco industry sold fewer…
Read more Marlboro maker Altria’s bet on smoke-free productsIf you invest in dividend stocks, you are probably looking for long-term growth to go with the income. Otherwise you might be content to hold one-month U.S. Treasury…
Read more 14 dividend stocks yielding 4% or more that are expected to increase payouts in 2023 and 2024In a bid to strengthen its portfolio of smoke-free products, Altria Group said Monday it would buy e-cigarette startup NJOY for $2.75 billion. Altria, which makes Marlboro cigarettes,…
Read more Marlboro maker Altria agrees to buy e-cigarette startup NJOY for nearly $2.8 billionTobacco giant Altria MO, +0.15% on Friday said it had exchanged its minority stake in embattled e-cigarette maker Juul for “a non-exclusive, irrevocable global license to certain of…
Read more Altria exchanges stake in Juul for heated-tobacco intellectual propertyPour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on the nose, after CPI fell 0.1% in December,…
Read more Tesla is a ‘soft landing’ stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.Investors cheered when a report last week showed the economy expanded in the third quarter after back-to-back contractions. But it’s too early to get excited, because the Federal…
Read more 20 dividend stocks that may be safest if the Federal Reserve causes a recession
