March 6 (Reuters) - Altria Group Inc said on Monday it would buy startup NJOY Holdings Inc for about $2.75 billion in cash, in a fresh bet by the Marlboro maker on the e-cigarette market after losing ...
(Reuters) -Altria Group Inc said on Monday it would buy startup NJOY Holdings Inc for about $2.75 billion in cash, in a fresh bet by the Marlboro maker on the e-cigarette market after losing billions ...
SCOTTSDALE, Ariz. -- As the popularity of electronic cigarettes continues to grow, a new pilot study has found that e-cigarette use leads to a decrease in cigarette consumption, at least in the short ...
Distribution is expected to grow to approximately 100,000 stores by year's end. In the first quarter of 2024, NJOY broadened distribution to more than 80,000 stores and expects to expand to ...
Marlboro maker Altria Group Inc. is in advanced talks to buy e-cigarette startup NJOY Holdings Inc. for at least $2.75 billion and plans to divest its stake in Juul Labs Inc., according to people ...
The Food and Drug Administration authorized four of Altria’s menthol e-cigarettes for sale in the country on Friday, making them the first ever flavored vapes the agency has permitted on the market.
While Altria's share price hasn't particularly moved in recent months, there have been two crucial developments for it. One, the company's dividend increase has raised the forward yield to 8.2%, which ...
Income-oriented investors tend to be attracted to Altria Group (NYSE: MO) due to its high yield of 8.6% and long history of increasing its dividend every year since 2009. However, revenue growth has ...
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The leading global electronic cigarette brand NJOY is calling on other companies in its new and burgeoning industry to adopt higher standards for preventing access ...
Altria Group Inc MO-N said on Monday it would buy e-cigarette startup NJOY Holdings Inc for about $2.75-billion in cash, in a fresh bet by the Marlboro maker on the e-cigarette market after losing ...