Latest Altria Group Inc News

Nike, Carnival fall; F45 Training, Micron Technology rise

Sep. 30, 2022 16:10 PM EDT

Stocks that traded heavily or had substantial price changes Friday: Nike Inc., down $12.21 to $83.12. The shoe and athletic apparel maker's profitability weakened this summer because it had to offer discounts to clear out suddenly overstuffed warehouses. ...

Altria's $13B investment in Juul e-cigarettes vaporizes

Jul. 28, 2022 11:20 AM EDT

WASHINGTON (AP) — Cigarette maker Altria's $13 billion investment in the troubled vaping company Juul has gone up in smoke — now worth less than 5% of its original value as U.S. regulators move to ban its e-cigarettes. Altria slashed the value of its Juul investment by more than...