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Topic: Altria


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  Welcome to Altria.
Altria Group, Inc. to Host Webcast of 2007 Second-Quarter Results
Altria Group, Inc. announced plans by its tobacco subsidiaries to optimize worldwide cigarette production by moving U.S.-based cigarette production for non-U.S. markets to Philip Morris International facilities in Europe.
Altria's 2007 Annual Shareholders Meeting was held at the Kraft Foods Inc. East Hanover, NJ facility on Thursday, April 26 at 9:00 AM ET.
www.altria.com   (104 words)

  
  FOXNews.com - Altria Set to Spin Off Kraft Foods - Mergers and Acquisitions | Merger
The distribution of Altria's 89 percent stake in Kraft to Altria's shareholders will be made on March 30 to shareholders of record as of March 16, Altria said in a statement.
Altria shares fell 20 cents to $87.34 in afternoon trading on the New York Stock Exchange while Kraft shares rose 2 cents to $34.85.
Altria shares have traded in a 52-week range of $68.36 to $90.50 while Kraft shares have traded between $28.43 to $36.67 over the past year.
www.foxnews.com /story/0,2933,248967,00.html   (796 words)

  
  RealMoney.com: Court Tosses Altria Award
Altria's very solvency was threatened when a court ordered it to post a $12 billion bond while it moved to appeal the award.
Altria remains a long way from freeing itself from its considerable litigation risk, but this development bodes well for the company in future cases.
As Altria gets closer to shedding the burden of pending litigation, it clears the way for the company to spin off its Kraft unit as well as other non-tobacco assets.
www.thestreet.com /p/markets/marketfeatures/10257629.html   (673 words)

  
  Altria Group - Wikipedia, the free encyclopedia
Altria Group, Inc. (NYSE: MO) (previously named Philip Morris Companies Inc.), based in New York City, is one of the world's largest food, beverage, and tobacco corporations and a component of the Dow Jones Industrial Average and SandP 500.
Though Altria's headquarters are still in New York, in 2004 its Philip Morris USA division completed a move of its 682 New York based employees to Richmond, Virginia to consolidate operations and achieve cost savings for shareholders.
Current members of the board of directors of Altria Group are: Elizabeth Bailey, Harold Brown (former U.S. Secretary of Defense), Mathis Cabiallavetta, Louis Camilleri, Dudley Fishburn, Robert Huntley, Thomas W. Jones, George Muñoz, Lucio Noto, John Reed, Carlos Slim (Latin America's richest man and #3 in the world), and Stephen Wolf.
en.wikipedia.org /wiki/Altria   (1119 words)

  
 WJLA - Altria Group 3Q Profit Climbs 9 Percent   (Site not responding. Last check: 2007-09-06)
Altria Group Inc., maker of top-selling Marlboro cigarettes, said Wednesday its third-quarter net income increased 9 percent, primarily driven by the strong sales performance of its international tobacco business.The company beat the $1.33-per-share estimate of analysts surveyed by Thomson Financial.
Also Wednesday, Altria said it expected 2005 earnings from continuing operations to be at the high end of the range of $5.05 to $5.10 per share, compared to its prior forecast between $5 to $5.10 per share.
Altria is also waiting for important court rulings on the $145 billion Engle case in Florida, which the plaintiffs are appealing, and a $10.1 billion case in Illinois, which the company is appealing.
www.wjla.com /headlines/1005/270167.html   (708 words)

  
 Altria Family's Commitment to Domestic Violence Awareness and Prevention   (Site not responding. Last check: 2007-09-06)
At the Altria family, we recognize that the business community, often with far greater access to resources than individuals, is well positioned to spearhead efforts to find solutions.
That's why the Altria family, in conjunction with other businesses and community-based organizations, is helping to strengthen the safety net available to victims and survivors and to raise public awareness of the debilitating effects of domestic violence on individuals and its negative impact on all sectors of society, including the workplace.
The Altria family's commitment to address domestic violence is a comprehensive response to a complex issue.
www.safeatworkcoalition.org /successstories/altria.htm   (1369 words)

  
 Altria Group Awards More Than $3 Million to Visual Arts and Cultural Organizations Across the Country
Altria Group also awarded over $1 million to sponsor such exhibitions as the 2004 Whitney Biennial; Return of the Buddha: The Qingzhou Discoveries at the Freer Sackler Gallery in Washington, D.C.; Dan Flavin: A Retrospective, at the National Gallery of Art; and Tropicalia: A Parallel Modernity in Brazil, at the Bronx Museum of the Arts.
Altria Group now provides two-year operating grants to organizations in the performing arts and visual arts in alternating years through a Request for Proposals application process that is available online.
Altria Group's support of the arts also reflects its longstanding commitment to supporting diversity in the field, evidenced by its funding of the first surveys of African-American, Latino, and Native American art.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/09-13-2004/0002249270&EDATE=   (1353 words)

  
 Responsible Shopper Profile: Altria Group (formerly Philip Morris)
Altria said in a statement that the company expects to show that many of the Justice Department's suggested remedies are "backward-looking.
Altria is not a participant in the UN Global Compact, which, according to its Web site, "through the power of collective action, the Global Compact seeks to promote responsible corporate citizenship so that business can be part of the solution to the challenges of globalization.
Additionally, she takes Altria to task for marketing its products to minors (which the company denies doing) saying the company has "marketed and sold their lethal product with zeal, with deception, with a single-minded focus on their financial success, and without regard for the human tragedy or social costs that success exacted.
www.coopamerica.org /programs/rs/profile.cfm?id=183   (2675 words)

  
 RealMoney.com: Altria Profit Tops Estimates
Altria's (MO - commentary - Cramer's Take) second-quarter net rose 1.6% from a year ago, but fell on a continuing-operations basis due to a higher tax rate.
For all of 2006, Altria pegged earnings at $5.40 to $5.50 a share, up from a previous forecast of $5.25 to $5.35 a share, primarily reflecting adjustments to expected special items at its 86%-owned subsidiary Kraft (KFT - commentary - Cramer's Take).
In domestic tobacco, Altria's income rose 3.2% to $1.3 billion, driven by lower wholesale and retail promotional allowances, partially offset by a 4.3% decline in shipment volume that reflected changes in retailer inventory levels and the timing of the July 4 holiday.
www.thestreet.com /p/newsanalysis/general/10299019.html   (364 words)

  
 KDA homepage   (Site not responding. Last check: 2007-09-06)
Altria KD and Fabre H, Chromatographia, 40 1995 313-320, "Approaches to optimisation of precision in capillary electrophoresis".
Altria KD and Kersey M, LC-GC, Jan. 1995 40-46, "Capillary electrophoresis and pharmaceutical analysis : a survey of the industrial application and their status of in the united states and united kingdom".
Altria KD and Chanter YL, J.Chromatogr., 652 1993 459-463, "Validation of a capillary electrophoresis method for the determination of a quinolone antibiotic and its related impurities".
www.ceandcec.com /kda.htm   (3387 words)

  
 Law.com - What the Billion-Dollar Man Wants From Outside Litigators
However, appeals in three critical cases are pending, including the federal government's so-far unsuccessful bid to recover $280 billion in smoking-related health care costs and a five-year-old $145 billion verdict in a Florida class action (of which Altria is on the hook for $74 billion).
But Altria's problem was about more than just the number of outside law firms -- it was about the teams assigned to each case.
Ohlemeyer is no fan of time sheets, even though more than 75 percent of Altria's bills are based on hourly fees from firms that charge some of the highest rates in the country.
www.law.com /jsp/article.jsp?id=1130157961806   (1711 words)

  
 ALTRIA GROUP INC financial statement ALTRIA GROUP INC income statements SEC, ALTRIA GROUP INC Annual
ALTRIA GROUP INC financial statements of executive compensation data are available in their proxy statements.
ALTRIA GROUP INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system.
ALTRIA GROUP INC annual reports of executive compensation and pay are searchable and most commonly found in the Def 14a documents.
swz.salary.com /execcomp/layouthtmls/excl_companyreport_C1002900_tcc.html   (667 words)

  
 ABC News: Altria 4Q Profit Rises on Tobacco Gains   (Site not responding. Last check: 2007-09-06)
Altria shares fell $1.06, or 1.4 percent, to $72.
In the fourth quarter ended Dec. 31, Altria earned $2.29 billion, or $1.09 per share, compared with net income of $1.95 billion, or 94 cents a share.
For the full year, Altria's net income rose 11 percent to $10.44 billion, or $4.99 per share, up from $9.42 billion, or $4.56 per share, in 2004.
abcnews.go.com /Business/wireStory?id=1560734   (352 words)

  
 RedOrbit - Science - Altria Chief: Breakup Should Await Lawsuits
Louis Camilleri, head of Altria Group Inc., said he won't act "prematurely" to break up the company, signaling that the restructuring will wait until major tobacco lawsuits are resolved.
Shares of Altria, parent of cigarette maker Philip Morris USA and Kraft Foods Inc., have lagged behind competitors including Reynolds American Inc. this year.
A breakup of Altria has been in the works since 2004, with the biggest hurdle being the two class-action suits and a U.S. government racketeering suit, analysts said.
www.redorbit.com /news/science/488346/altria_chief_breakup_should_await_lawsuits/?source=r_science   (368 words)

  
 Associated Press Business News: Earnings Preview: Altria Group - MSN Money
As in previous years, Altria continues to operate under the Damocles sword of tobacco litigation, with several billion-dollar rulings against the company still under appeal at the state level.
On a positive note, Altria said on March 16 that it will record a $1 billion tax benefit in the first quarter, boosting income by $960 million, or 45 cents a share.
Altria also plans to book a charge of 5 cents related to Kraft's sale of Milk-Bone pet snacks unit to Del Monte.
news.moneycentral.msn.com /provider/providerarticle.asp?feed=AP&Date=20060418&ID=5649827   (546 words)

  
 Altria's Marketing Draws Fire [05/20/03]
Altria Group Inc., is now the parent company of Kraft Foods, Philip Morris International, Philip Morris USA and Philip Morris Capital Corporation.
Altria Group is also the largest shareholder in the world’s second-largest brewer, Miller, holding a 36 percent economic stake in the beer company, according to its Web site.
Altria is a silver sponsor of the Vermont Business and Industry Expo in Burlington, which is sponsoring a reception at the Expo at the Leahy Center for Lake Champlain on May 21.
www.no-smoking.org /may03/05-20-03-2.html   (1153 words)

  
 Big Victory for Altria in Illinois - Dateline Florida   (Site not responding. Last check: 2007-09-06)
Altria had no comment on the decision other than to say it was "gratified" by the outcome.
Altria investors are eager to see a Kraft spinoff because they believe that the three parts - the domestic and international tobacco businesses and Kraft - are worth more separately than as a whole.
Altria's stock rose $2.89, or almost 4 percent, to $76.62 a share.
www.heraldtribune.com /apps/pbcs.dll/article?aid=/20051216/znyt01/512160774/1007/business   (662 words)

  
 WJLA - Analysts See Altria Moving Toward Breakup   (Site not responding. Last check: 2007-09-06)
And for Altria Group Inc. investors, it's perhaps one more sign that the owner of Philip Morris and Kraft Foods is moving closer to a breakup, allowing shareholders to benefit from stocks that could perform better solo than as one.
She estimated that Altria's stock, trading as three separate companies, could be worth as much as $80 per share.
Altria is also waiting for court rulings on the $145 billion Engle case in Florida, which the plaintiffs are appealing, and a $10.1 billion case in Illinois, which the company is appealing.
www.wjla.com /headlines/0405/224339.html   (669 words)

  
 2004 American Art Award Presented to Altria at Gala Festivities
Altria is currently sponsoring the 2004 Biennial and most recently sponsored the 2002 Biennial and BitStreams: Art in the Digital Age (2001).
The Whitney at Altria: 21-Year Old Branch Provides a Public Forum for Contemporary Art Founded in 1983, with approximately 100,000 visitors annually, the Whitney at Altria presents a wide range of programs that are free and open to the public.
About Altria Group Inc. Altria Group, Inc. (NYSE: MO) is the parent company of Kraft Foods Inc., Philip Morris International Inc. and Philip Morris USA Inc. For more than four decades, the companies of Altria have provided sustained and wide-ranging support for the arts, as well as numerous programs that address important community needs.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/07-14-2004/0002210453&EDATE=   (663 words)

  
 Altria: Still Smokin' [Fool.com: Motley Fool Take] February 1, 2006
Altria released its fourth-quarter and fiscal 2005 earnings report Tuesday morning.
For the year, Altria grew diluted earnings per share from continuing operations by 11.6%, on sales gains of 9.2%.
This is important; while launching its own tobacco portions products has helped Altria, its sales of cigarettes in Germany have fallen by double-digit percentages each of the last two years.
www.fool.com /News/mft/2006/mft06020127.htm   (737 words)

  
 Altria Group, Inc. - Knowmore
Altria operates its cigarette business through subsidiaries Philip Morris USA and Philip Morris International, both of which sell Marlboro - the world's largest-selling cigarette brand since 1972.
Altria said in a statement that the company expects to show that many of the Justice Department's suggested remedies are "backward-looking.
Altria is ranked number one of the Top 50 Companies for Diversity by Diversity Inc. Their subsidiary Kraft Foods is ranked 10th.
www.knowmore.org /index.php/Altria_Group,_Inc.   (4707 words)

  
 TimesDispatch.com | Altria reports earnings rise   (Site not responding. Last check: 2007-09-06)
RICHMOND, Va. - Altria Group Inc., the company behind the top-selling Marlboro cigarette brand, said Tuesday its fourth-quarter profit rose 18 percent on strong international tobacco results, boosted by acquisitions and higher pricing.
Altria shares fell $1.06, or 1.4 percent, to $72.85 in premarket trading.
Altria said it expected 2006 earnings of $4.85 to $4.95 per share from continuing operations, including about 36 cents per share in Kraft restructuring charges, unfavorable currency of 14 cents per share, and about 10 cents per share for lower tobacco income in Spain.
www.timesdispatch.com /servlet/Satellite?pagename=RTD/MGArticle/RTD_BasicArticle&c=MGArticle&cid=1137833761839   (433 words)

  
 ART IN REVIEW; Mark Bradford; Katie Grinnan - New York Times
Their parallel installations at the Whitney Museum of American Art at Altria are so vacuous and discombobulated that it seems almost unfair to hold them fully responsible.
It doesn't help that she has had to work with the cavernous obstacle course that is the main space in the atrium.
Many of these disparate debts are evident in ''Parallel Lovers From a Star-Crossed Universe.'' The lovers are park benches: a shattered and patched one of anonymous cast plastic facing one that is covered in paper festively painted with a flagstone motif.
query.nytimes.com /gst/fullpage.html?res=9F02E0DE1E38F936A3575AC0A9659C8B63   (623 words)

  
 [No title]
Altria only has $565 million in cash on hand -- a low figure given its cash intake, which Kathman thinks could be intentionally small to help shield itself from legal judgments.
Fitch Ratings noted that Altria has credit lines of $15 billion as of the end of 2002, with $14.6 billion unused.
Still, Altria might not come to the aid of Philip Morris, if it even can, because it might open the door to other litigants, Lynch said.
www.marketwatch.com /News/Story/Story.aspx?guid={3081E58B-2998-462A-BA9C-3E66B78252E4}&dist=ArchiveSplash&cbsReferrer=¶m=archive&siteid=mktw&garden=&minisite=   (914 words)

  
 Analysts trim Altria’s ’04 earnings outlook - Earnings - MSNBC.com   (Site not responding. Last check: 2007-09-06)
NEW YORK - Analysts who track Altria Group Inc. trimmed their 2004 earnings estimates for the company to account for new details it gave late Monday on potential charges for its draft cooperation agreement with the European Commission.
When Altria reported first-quarter results a few weeks later, it stood by its earlier 2004 profit outlook of $4.57 per share to $4.67 per share.
Altria said that it expects 2004 earnings of $4.50 per share to $4.60 per share, including those charges and a lower overall effective tax rate, which it expects to result from the final resolution of certain U.S. and foreign tax matters.
www.msnbc.msn.com /id/4951890   (525 words)

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