Tag: SWMAY

Finance

Altria stock dives to lead the S&P 500 decliners after Morgan Stanley turns bearish

06/08/2022
Bitcoin Ethereum News

Shares of Altria Group Inc. MO, -8.37% dove 7.1% in afternoon trading Wednesday, enough to pace the S&P 500’s SPX, -1.08% decliners, after Morgan Stanley analyst Pamela Kaufman turned bearis...

Finance

Here’s Why Philip Morris’ Potential Offer for Swedish Match Is Bad for Altria Stock

05/10/2022
Bitcoin Ethereum News

Text size Philip Morris is in ongoing talks to acquire Swedish Match, the maker of smoke-free tobacco products. Fabrice Coffini/AFP via Getty Images Philip Morris‘ potential acquisition of Swedish Mat...