Results 1 - 20 of 341 in Altria Group
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... Utah Food Industry. "Now we have to make sure these products will be shipped here." David Sutton, spokesman for Altria Group, parent company of Philip Morris, said that because the tobacco distribution system is large and complicated, it's nearly ...
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You want a piece of the energy business that won't get hurt if oil crashes? Take Gabriel Hammond's advice and own some buried steel.
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PowerRatings Best of the Requests: BNI, MO, PFE
... Long Term PowerRatings of 8, and share these impressive reliability and performance statistics. This includes Altria Group Inc. ( MO PR Charts ) which, in contrast to Burlington Northern Santa Fe, is actually down on a year-to-date basis. Altria ...
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Lombard Joins Johnson, Madigan, Peck, Boland & Stewart Tanya Lombard, former director of government affairs for Altria Corporate Services, has been hired by the lobbying firm Johnson, Madigan, Peck, Boland & ...
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Altria (MO) gets a boost from lenient cigarrette legislation
Altria shares are trading higher today, getting a boost from news that menthol is getting special protection in a new bill as Congress attempts to regulate the tobacco industry.
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Philip Morris International Is Offering $6 Billion of Bonds, Person Says
Philip Morris International Inc. is marketing $6 billion of debt due in 5, 10 and 30 years in the tobacco company's first bond offering since being spun off in March by Altria Group Inc ., according to a person ...
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Andy Ostmeyer: Too much information can breed cynical voters
... are available on the Internet through Web sites such as opensecrets.org. U.S. Rep. Roy Blunt's wife worked for Altria Group, according to his 2007 financial disclosure, the last required so far. And while her actual salary isn't public, the couple ...
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U.S. Stocks Socked By Credit Crisis; Indexes Down On Week
You know that buying a stock makes you part owner of a company, theoretically with millions of other people.
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INNOVATION: Dyson Brings Us Eco-Friendly Hand Dryer
You know that buying a stock makes you part owner of a company, theoretically with millions of other people.
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This past week was all about oil. The commodity has been going up for some time, that is not new.
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Advocates, opponents expect intense cigarette tax debate
... are heavily taxed and they're already bearing a significant tax burden," said Bill Phelps, a spokesman for Altria Group, the parent company of Philip Morris USA. Phelps said smoking rates are declining about 2 percent a year and most states' ...
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Altria (MO) boosts cigarette prices
Altria Group shares are trading higher after the company announced it is cutting promotional discounts and raising prices on cigarette brands starting today.
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Seven Summits Research Releases Comments on CSCO, BBY, S, MO, and MVL
... stocks: Cisco Systems, Inc. (Nasdaq: CSCO ), Best Buy Co. Inc. (NYSE: BBY ), Sprint Nextel Corp. (NYSE: S ), Altria Group Inc. (NYSE: MO ), and Marvel Entertainment, Inc. (NYSE: MVL ). These brief stock reports may contain details regarding recent ...
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Terex Names Laura Kiernan as Director of Investor Relations
... and research analysts. Ms. Kiernan also held various positions of increasing responsibility with Revlon and Altria Group ' s Philip Morris and Kraft divisions. She is a Certified Public Accountant and a New York University Stern Scholar. She holds ...
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Investment classes let students use real money
... example of how students also learned how to work for a client came this year when they voted to not invest in Altria Group, formerly known as tobacco giant Phillip Morris, because of moral opposition. Lamb advised his students that UNF never ...
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Kraft Sales Grow, Input Costs Drag
... Kraft benefited from a one time 3 cent earnings per share in the first quarter of 2007 from its split with Altria Group Inc. (NYSE: MO ). Excluding that 3 cent benefit, along with other one time and special items, earnings per share remained flat at ...
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Earnings of household companies mixed
... from a year earlier, when earnings were helped by a one-time benefit related to Kraft's spinoff from the Altria Group Inc. Earnings came to $608 million, or 40 cents per share, down from $702 million, or 43 cents per share, a year earlier. Adjusted ...
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Kraft profit falls 13 percent amid higher ingredient costs
... a year earlier, first-quarter earnings were helped by a one-time benefit related to Kraft's spinoff from the Altria Group Inc. The Northfield, Ill.-based company's earnings for the January-March period amounted to 40 cents per share, down from $702 ...
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Kraft Foods profit falls 13 per cent amid higher ingredient costs
- Kraft Foods Inc. reported a 13 per cent drop in first-quarter profits Wednesday, but the results were better than expected and sales improved despite economic pressures and rising outlays for commodities and other manufacturing costs. The maker of Oscar Mayer hot dogs, Maxwell House coffee and Oreo cookies raised prices on 90 per cent of its products, which contributed to a 21 per cent jump in sales. The weak U.S. dollar and the acquisition of Group Danone's global biscuits business last year also boosted revenue. Higher costs for wheat and oils contributed to persistently weak results in some areas, notably Kraft's cheese business and U.S. snacks and cereals. Overall, though, the company said the quarter's $608 million profit and other results demonstrated that its three-year turnaround plan is on track as it enters its second year. "Our turnaround is clearly gaining momentum," chairwoman and CEO Irene Rosenfeld said in an interview. "We've delivered another year of sequential top-line growth." She also said Kraft appears to be benefiting from the tightened economy in one regard, with people eating at home more often. The profit decline occurred largely because a year earlier, first-quarter earnings were helped by a one-time benefit related to Kraft's spinoff from the Altria Group Inc. The company's earnings for the January-March period amounted to 40 cents per share, down from $702 million, or 43 cents per share, a year earlier. Excluding certain items, adjusted earnings were 44 cents per share, topping analysts' estimate of 40 cents a share based on a survey by Thomson Financial. Revenue rose to $10.37 billion from $8.59 billion, with an 8 per cent boost from acquisitions and 5 per cent from currencies. That was $600 million better than analysts' consensus estimate. Kraft shares rose 86 cents, or 2.8 per cent, to close at $31.63. Citigroup analyst David Driscoll said it was a quarter of inconsistent results, with some divisions continuing to struggle and others such as its developing markets area performing very well. "We still see Kraft as a troubled company but perhaps taking a step to repairing itself, with still a very long way to go," he said in a note to investors. Rosenfeld said on a conference call that the company's heavy marketing spending is paying off in increased market share. She said Kraft has kept on raising prices in the second quarter, and as a result now expects organic revenue growth this year of at least 5 per cent, up a percentage point from its last estimate. Kraft reaffirmed its full-year adjusted earnings guidance of $1.90 per share. Until recently, the company had refrained from raising prices on its products to offset higher input costs, instead spending heavily in its major categories in order to improve brand recognition. U.S. snacks and cereals saw revenue rise a lacklustre 2.7 per cent despite the price increases, with operating income tumbling 23 per cent. Kraft's cheese business also remained under pressure from high dairy costs and marketing spending, with margins down for a fifth consecutive quarter. Convenient meals were a highlight of its U.S. business in the quarter, however, with 7.5 per cent organic sales growth overall as everything from frozen pizza to Oscar Mayer sold well. - On the Net: http://www.kraft.com
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Kraft Food (KFT) Q1 profit slips but tops estimates
... for ingredients. The 2007 earnings results included a one-time interest benefit related to the spin-off from Altria Group Inc . (NYSE: MO ). On an adjusted basis, the company posted quarterly earnings of 44 cents per share, slightly higher the 40 ...
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