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FDA Commissioner sends letters to Altria, Juul over youth tobacco use

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-Juul deal gets FDA scrutiny as regulators prepare e-cigarette restrictions

Tobacco giant Altria Group Inc.’s efforts to gain a .....»»

Category: topSource: latimesFeb 8th, 2019

Altria Takes a Hit on Citigroup Downgrade

Shares of the tobacco giant are falling after it announced its deal to take a 35% stake in e-cigarette maker Juul Labs......»»

Category: topSource: barronsDec 22nd, 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 to buy $12.8 billion minority stake in e-cigarette company Juul

Marlboro cigarette maker Altria Group Inc will buy a 35 percent stake in Juul Labs Inc for $12.8 billion, a marriage between an old-line tobacco giant and a fast-growing electronic-cigarette rival looking to make inroads among smokers......»»

Category: topSource: reutersDec 20th, 2018

Tobacco Giant Altria Just Made a $12.8 Billion Investment in Juul

The deal has raised eyebrows given Juul's mission of giving adult smokers a healthier alternative to cigarettes With a $12.8 billion investment, Altria, the nation’s leading tobacco company, now owns 35% of Juul Labs, maker of t.....»»

Category: topSource: timeDec 20th, 2018

Altria purchases 35% stake in Juul in deal worth $12.8 billion

Tobacco giant Altria purchased a 35% stake in e-cigarette maker Juul. The deal is worth $12.8 billion and .....»»

Category: topSource: usatodayDec 20th, 2018

Juul sells 35% stake to Altria — becoming more valuable than Airbnb or SpaceX

Juul Labs Inc. sold a 35% stake to tobacco gi.....»»

Category: topSource: latimesDec 20th, 2018

Altria takes 35% stake in Juul, valuing e-cigarette company at $38 billion

Tobacco company Altria's investment in Juul marks a pivotal moment for the e-cigarette start-up, but it's not without criticism......»»

Category: topSource: moneycentralDec 20th, 2018

Juul, Cannabis, Then an Even Bigger Deal for Big Tobacco?

If Altria and Philip Morris want to quit smoking, then deals — with e-cig makers, pot producers or one another —  are one way to do it......»»

Category: topSource: washpostNov 29th, 2018

Altria in talks to take minority stake in Juul: sources

Tobacco company Altria Group Inc is in talks to take a minority stake of 20 to 40 percent in e-cigarette maker Juul Labs Inc, people familiar with the matter said on Wednesday......»»

Category: topSource: reutersNov 28th, 2018

Tobacco, e-cig stocks drop after FDA plans forceful steps to cut down on youth use

U.S. Food and Drug Administration Commissioner Scott Gottlieb said on Wednesday that he h.....»»

Category: topSource: marketwatchOct 31st, 2018

Marlboro maker Altria halts sales of flavored vaping liquid as FDA weighs ban

Tobacco maker Altria pledged to stop selling certain vaping products until federal regulators sign off or "the youth issue is otherwise add.....»»

Category: topSource: usatodayOct 25th, 2018

Altria"s Juul Stake Will "More Than Offset" Cigarette Declines, Wells Fargo Says

Altria Group Inc (NYSE: MO) has begun providing limited retail services to Juul Labs in accordance with the firms’ service Latest Ratings .....»»

Category: blogSource: benzingaFeb 15th, 2019

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

FDA chief accuses Juul, Altria of reneging on promise to combat 'epidemic' teen vaping use

Gottlieb once again threatened to pull e-cigarettes off the market if more isn't done to reduce ".....»»

Category: topSource: usatodayFeb 8th, 2019

FDA targets Walgreens as biggest youth tobacco sale violator

U.S. health officials plan to ask for a mee.....»»

Category: topSource: latimesFeb 7th, 2019