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Altria Group Inc (MO.N)

MO.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Altria Group Enters Into Senior Unsecured Revolving Credit Agreement
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Altria Group Inc ::ALTRIA GROUP SAYS ENTERED INTO SENIOR UNSECURED 5-YEAR REVOLVING CREDIT AGREEMENT - SEC FILING.ALTRIA GROUP - CREDIT AGREEMENT PROVIDES FOR BORROWINGS OF UP TO $3 BILLION.ALTRIA GROUP - CREDIT AGREEMENT EXPIRES ON AUG 1, 2023.ALTRIA GROUP - AGREEMENT INCLUDES OPTION FOR CO TO EXTEND CREDIT AGREEMENT FOR 2 ADDITIONAL 1-YEAR PERIODS.ALTRIA GROUP - NEW AGREEMENT REPLACES EXISTING $3 BILLION AMENDED AND RESTATED 5-YEAR REVOLVING CREDIT AGREEMENT, WHICH WAS TO EXPIRE ON AUG 19, 2020.  Full Article

Altria Reaffirms Full-Year 2018 Earnings Guidance
Thursday, 17 May 2018 

May 17 (Reuters) - Altria Group Inc ::ALTRIA REAFFIRMS FULL-YEAR 2018 EARNINGS GUIDANCE..DECLARES REGULAR QUARTERLY DIVIDEND OF $0.70 PER SHARE..HOWARD WILLARD SUCCEEDS MARTY BARRINGTON AS ALTRIA'S CHAIRMAN AND CEO, FOLLOWING MR. BARRINGTON'S RETIREMENT.ANNOUNCES EXPANSION OF ITS $1 BILLION SHARE REPURCHASE PROGRAM TO $2 BILLION.ALTRIA GROUP - ANNOUNCES EXPANSION OF SHARE REPURCHASE PROGRAM TO $2 BILLION, TO BE COMPLETED BY END OF Q2 2019.FY2018 EARNINGS PER SHARE VIEW $4.00, REVENUE VIEW $19.64 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Altria Q1 Adj. EPS $0.95
Thursday, 26 Apr 2018 

April 26 (Reuters) - Altria Group Inc ::ALTRIA REPORTS 2018 FIRST-QUARTER RESULTS; REAFFIRMS 2018 FULL-YEAR EARNINGS GUIDANCE.Q1 ADJUSTED EARNINGS PER SHARE $0.95 (NOT $0.03).REAFFIRMS FY 2018 ADJUSTED EARNINGS PER SHARE VIEW $3.90 TO $4.03.Q1 EARNINGS PER SHARE VIEW $0.92 -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE $1.00.Q1 REVENUE $6.1 BILLION.RECORDED TOTAL PRE-TAX CHARGES OF ABOUT $150 MILLION, OR $0.05 PER SHARE, OF WHICH $3 MILLION WAS RECORDED IN Q1 OF 2018.REAFFIRMS ITS GUIDANCE FOR 2018 FULL-YEAR ADJUSTED DILUTED EPS.EXPECTS 2018 FULL-YEAR ADJUSTED EFFECTIVE TAX RATE WILL BE IN A RANGE OF ABOUT 23% TO 24%.  Full Article

Altria Group Says CEO Martin Barrington's Total Compensation For 2017 Was $15.7 Mln - SEC Filing
Thursday, 5 Apr 2018 

April 5 (Reuters) - Altria Group Inc ::SEC FILING.  Full Article

Altria holds investor day reaffirms FY 2017 earnings guidance
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Altria Group Inc :Altria holds investor day; reaffirms 2017 full-year earnings guidance.Reaffirms FY 2017 adjusted earnings per share view $3.26 to $3.32.FY2017 earnings per share view $3.28 -- Thomson Reuters I/B/E/S.  Full Article

Altria Group files for potential debt shelf offering size not disclosed
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Altria Group Inc :Altria Group Inc files for potential debt shelf offering; size not disclosed - sec filing.  Full Article

ALTRIA INCREASES QUARTERLY DIVIDEND BY 8.2 PCT TO $0.66 PER COMMON SHARE
Friday, 25 Aug 2017 

Aug 24 (Reuters) - Altria Group Inc :ALTRIA INCREASES QUARTERLY DIVIDEND BY 8.2% TO $0.66 PER COMMON SHARE.  Full Article

Altria becomes significant shareholder in Anheuser-Busch InBev
Tuesday, 11 Oct 2016 

Altria Group Inc : Altria becomes significant shareholder in Anheuser-Busch InBev; revises 2016 full-year earnings guidance . Altria Group Inc - expansion of its $1 billion share repurchase program to $3 billion to be completed by end of Q2 of 2018 . Altria Group Inc- revises 2016 full-year earnings per share (EPS) guidance to reflect reporting lag . Altria Group Inc- Altria is receiving a total of approximately $5.3 billion in pre-tax cash . Altria Group Inc - Altria revises its guidance for 2016 full-year adjusted diluted EPS from a range of $3.01 to $3.07 to a range of $2.98 to $3.04 . Altria Group Inc - Altria now owns 185.1 million restricted shares of Anheuser-Busch InBev, representing a 9.6% economic and voting interest . Altria - expects to record total estimated pre-tax gain in its reported earnings of about $13.7 billion, or 4.55/share, all of which will be recorded in Q4 . Altria Group Inc says altria maintains its long-term financial goals of growing adjusted diluted EPS at an average annual rate of 7% to 9% . Altria Group Inc - maintaining a target dividend payout ratio of approximately 80% of adjusted diluted EPS . Altria Group Inc - will use equity method of accounting for its investment in Ab InBev . FY2016 earnings per share view $3.05 -- Thomson Reuters I/B/E/S . Altria - timing lag from accounting method change will not affect co's cash flows or quarterly dividends per share.  Full Article

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Ferrari bets on tobacco veteran in post-Marchionne era

MILAN/LONDON Ferrari's new boss Louis Camilleri has big shoes to fill but the tobacco industry veteran may have just what is needed to steer the luxury sportscar maker through its next lap, analysts and industry insiders said.