Reynolds American is tagged with a huge $23.6 billion verdict. An old Altria case suggests that this amount will be lowered, but is it time for investors to sell their tobacco holdings anyway?
Whacked with tens of billions of dollars in punitive damages, the cigarette maker may yet escape the full brunt of the jury's decision.
Philip Morris and Altria shareholders could get wiped out if this influential UK group gets its way.
Altria will discuss the Reynolds-Lorillard merger and the nationwide MarkTen rollout on its upcoming conference call, among other salient topics. Here's what to look for.
The acquisition of Lorillard by Reynolds American is a game changer in the U.S tobacco market, and it represents a serious competitive threat to Altria. What are the implications for investors?
The two things you need to know on July 16.
The merger of two mega tobacco companies is sure to invite antitrust scrutiny
An unprecedented, complicated deal and a flurry of downbeat analyst sentiment makes these three names the worst performers in the stock market today.
Early gains gave way to modest losses for the broader stock market, but these three stocks fell sharply. Find out why.
Is this meaningful? Or just another movement?