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Altria seen targeting $10 billion U.S. bond sale for Juul

Altria Group Inc., fresh off of its first euro bond offering in two decades, is turning to the U.S. market to help finance its foray into the booming e-cigarette market......»»

Category: topSource: moneycentralFeb 12th, 2019

Altria now taps U.S. bond market after Europe to fund Juul deal

Marlboro maker Altria said on Tuesday it would issue bonds in the United States to help fund its purchase of a stake in fast-growing e-cigarette company Juul, a day after announcing a similar move in the European bond market......»»

Category: topSource: reutersFeb 12th, 2019

Altria to tap European bond market to help fund Juul stake buy

In a focus on less traditional cigarettes, Altria seeks funding for its stake in e-cigarettes maker Juul. Angela Moore reports......»»

Category: videoSource: reutersFeb 11th, 2019

Altria to tap European bond market to help fund Juul stake purchase

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 11th, 2019

Altria to tap European bond market to help fund Juul stake buy

Altria to tap European bond market to help fund Juul stake buy.....»»

Category: topSource: reutersFeb 11th, 2019

Altria says Juul sales skyrocket to $1 billion in 2018

Marlboro maker Altria Group Inc said on Thursday e-cigarette maker Juul Labs Inc posted more than $1 billion in revenue in 2018, up from about $200 million a year earlier, the first official growth figures for the controversial vaping product......»»

Category: topSource: reutersJan 31st, 2019

Erdogan’s $2 Billion Reason to Thank the Saudis

Turkey shrewdly took advantage of the spillover demand from Riyadh’s bond sale this week. Investors may well be under-pricing the economic risks......»»

Category: topSource: washpostJan 11th, 2019

Saudi Arabia Sells More Than $7 Billion in Bonds

Saudi Arabia priced a large international bond deal, drawing support from a roster of Western banks in the kingdom’s first debt sale since the killing of journalist Jamal Khashoggi......»»

Category: europeSource: wsjJan 10th, 2019

Altria: I Pity The Fool Who Paid $36 Billion For JUUL

Altria: I Pity The Fool Who Paid $36 Billion For JUUL.....»»

Category: topSource: seekingalphaDec 24th, 2018

Altria"s investments in vaping, cannabis may give it what cigarettes can"t

Altria has paid a total of $14.6 billion for a hand in companies beyond its traditional hold in cigarettes over the past two weeks — a 45 percent in cannabis company Cronos and 35 percent stake in e-cigarette maker Juul......»»

Category: topSource: moneycentralDec 22nd, 2018

Juul"s Millionaires: How $2 Billion From Altria Is Being Divvied Up

The holidays just got a lot happier for the 1,500 employees of e-cigarette maker Juul Labs, as more than $2 billion of the $12.8 billion Altria is investing in the company is cash going directly into workers’ pockets......»»

Category: smallbizSource: wsjDec 22nd, 2018

Analysts: Altria"s Juul Stake A Good Hedge, But Lack Of Control Presents Risks

Altria Group Inc (NYSE: MO) announced a $12.8-billion minority stake in Juul Thurs.....»»

Category: blogSource: benzingaDec 21st, 2018

The Wall Street Journal: Juul’s instant millionaires: $2 billion from Altria is going directly to employees

The holidays just got a lot happier for the 1,500 employees of Juul Labs, which is giving its employees more than $2 billion of the $12.8 billion that Altria invested in the e-cigarette maker......»»

Category: topSource: marketwatchDec 21st, 2018

Altria"s Juul Deal Is Pricey but a Winner, Say Analysts

Altria’s $12.8 billion investment “was the absolute right decision,” wrote Wells Fargo analyst Bonnie Herzog......»»

Category: topSource: barronsDec 21st, 2018

What Altria"s Juul Investment Says About Tobacco"s Future

“There are a billion smokers out there, so anything that offers better choices is a positive,” says Philip Morris’s Martin King......»»

Category: topSource: barronsDec 21st, 2018

Altria, maker of Marlboro cigarettes, invests $12.8 billion in Juul

Critics see the partnership as a means of cementing a future of widespread smoking in America......»»

Category: topSource: washpostDec 20th, 2018

Altria, maker of Marlboro cigarettes, invests $12.8 billion in Juul

Critics see the partnership as a means of cementing a future of widespread smoking in America......»»

Category: topSource: washpostDec 20th, 2018

Juul employees to split a $2 billion holiday bonus from Altria

Altria is paying Juul employees a $2 billion bonus after the Marlboro maker made a 35 percent stake investment in the company. The bonus averages out to $1.2 million per Juul employee......»»

Category: topSource: moneycentralDec 20th, 2018

Juul"s 1,500 employees to split $2 billion bonus in Altria deal

Employees of Juul Labs Inc. are getting a $2 billion bonus as part of a deal with Altria Group Inc. to take a stake in the startup, according to a person familiar with the matter, who asked not to be identified because the details are private......»»

Category: topSource: moneycentralDec 20th, 2018

Juul"s 1,500 employees to split $2 billion bonus in Altria deal

Employees of Juul Labs Inc. are getting a $2 billion bonus as part of a deal with Altria Group Inc. to take a stake in the startup, according to a person familiar with the matter, who asked not to be identified because the details are private......»»

Category: topSource: moneycentralDec 20th, 2018

Altria to pay $12.8 bln for stake in Juul

Marlboro cigarette maker, Altria Group, said it will pay $12.8 billion for a 35-percent stake in electronic-cigarette rival, Juul Labs. Fred Katayama reports......»»

Category: videoSource: reutersDec 20th, 2018