The Biden administration is floating a long-awaited proposal to make cigarettes less addictive by capping their nicotine ...
Altria retained its North American operations while Philip Morris International ended up with the business outside of North America. The end result was to create a business that was being operated ...
This simple fact is why Altria and British American Tobacco have such high dividend yields. Unless you are willing to take on the very real risk of owning a business facing secular decline ...
Even if the effort goes ahead under Trump, tobacco companies like Reynolds American and Altria are almost certain to challenge it in court, delaying implementation. The FDA has spent years ...
Although Altria has a solid position atop this geographic region, the North American cigarette market is witnessing steady declines. Altria's North American focus differentiates it in a negative ...