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Cash Management
1 Out of 3 Companies Increased Cash Holdings: Weekly Stat
Operating cash flows boosted many balance sheets in the 12 months ending March, but that will be harder to do this quarter.
By
Vincent Ryan
| July 6, 2022
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Altria
Risk & Compliance
FTC Sues to Reverse Altria’s Investment in Juul
“Altria and Juul turned from competitors to collaborators by eliminating competition and sharing in Juul’s profits."
By
Matthew Heller
| April 2, 2020
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Strategy
Juul to Cut 650 Jobs, Slash $1B in Costs
The move comes after Altria announced a $4.5 billion writedown of its investment.
By
Lauren Muskett
| November 12, 2019
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Strategy
Altria Takes $4.5 Billion Hit on Investment in Juul
"We did not anticipate this dramatic a change in the e-vapor category,” CEO Howard Willard says.
By
Matthew Heller
| October 31, 2019
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Risk & Compliance
E-cigarette Makers Questioned Over Health Concerns by U.S. House Panel
Recent vaping-related lung illness and the rising popularity of e-cigarettes among younger people is sparking concern.
By
Lauren Muskett
| August 22, 2019
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M&A
Altria Buys Big Stake in E-Cigarette Company
The $12.8 billion investment prompted a downgrade by Standard & Poor's.
By
William Sprouse
| December 20, 2018
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