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MO shares have reacted extremely well to its Cronos investment.
Altria will now hold an ownership interest of about 45% in Cronos.
The Dow Jones Industrial Average and the other major indices traded sharply lower Friday following a U.S. jobs report that was weaker than expected.
The portfolio endured a bout of sea sickness amid the rolling market waves this week.
Facebook, pot stocks and the jobs report are just some of the stories that you're missing on TheStreet.
After Altria's investment in Cronos Group, which cannabis company will be the next target?
Altria takes a 45% stake in Cronos and lifts the rest of the pot sector in the process.
We are exiting our position in Air Industries Group.
Altria Group, Inc. (Altria) (NYSE:MO) today announces the discontinuation of production and distribution of all MarkTen and Green Smoke e-vapor products and VERVE oral nicotine containing products.
Altria Group, Inc. (Altria) (NYSE:MO) today announced that it has entered into an agreement to acquire newly issued shares in Cronos Group Inc.
Cronos jumps after confirming it's in talks with Altria about a possible investment.
U.S. stock futures fall concerns over a lack of detail in the recent U.S.-China trade talks; bond market moves could be signaling slowing growth in the United States; Cronos says it's holding talks with Altria; Quora suffers a massive data breach.
For now, a purchase of Canadian cannabis name Cronos Group by Altria is just speculation, but in principal it fits with our long-term view of where Altria is likely headed.
Cronos shares were declining before jumping following reports of takeover interest.
The tobacco giant is being threatened on two fronts: e-cigarettes in the form of Juul and cannabis.
The positive action in the market this week followed through to nearly all of our portfolio holdings.
Stocks ended modestly lower as Wall Street turned its attention to a weekend summit between Donald Trump and Chinese President Xi Jinping.
Here are 4 stocks that can be bought into the stock cyclone that might occur if things don't go the bulls way in the Argentine.
Altria Group Inc. is reportedly negotiating buying a stake in Juul Labs Inc., the California startup making smokeless nicotine vaporizers.
U.S. stock futures fall Thursday following a Federal Reserve-fueled rally in the previous session; Palo Alto Networks, VMware and Abercrombie & Fitch report earnings; Deutsche Bank's headquarters in Frankfurt are raided as part of an ongoing probe into money laundering that has implicated several European banks.
I think we should have an oversold rally, but so far every rally has had very little buying interest.
The economic pressures we’ve talked about the last two months continue to plague the stock market.
The portfolio took some lumps along with overall market this week, but our inverse ETFs and cash position once again provided insulation.
Today, Murray Garnick, Executive Vice President and General Counsel, Altria Group, Inc.
Shares of major tobacco producers take a hit Thursday on news the FDA is planning a ban on flavored cigars and menthol in cigars and cigarettes, and to prevent minors from buying flavored e-cigarettes.
Here's how to trade everyone's favorite 'sin stock'.
U.S.-focused tobacco stocks tumbled Monday following a Wall Street Journal report that suggested the Food & Drug Administration is prepared to ban the sale of menthol cigarettes alongside a crackdown on teenage vaping.
And keep in mind that earnings season is not over, and there's enough juice left to impact the marketplace.
We bid adieu to one position and welcomed a new one during a wild week of earnings.
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