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On April 2, 2012, Kraft Foods Inc. announced that it had filed a Form 10 Registration Statement to the SEC to split the company into two companies to serve the "North American grocery business". [71] The split was structured so that the old Kraft Foods changed its name to Mondelez International and spun off Kraft Foods Group as a new publicly ...
With shares up 24% just since April's low, the idea of stepping into a new stake in Altria Group (NYSE: MO) right now could be more than a little intimidating. Making the idea even more daunting ...
Altria's (NYSE: MO) large 7.9% dividend yield is probably the key thing that will attract investors to the stock today. However, in the consumer staples space, yields don't often get that high ...
The stock of Altria (NYSE: MO) was losing ground Wednesday following the tobacco company's recent quarterly report. Its share price was down 4.3% as of 12:30 p.m. ET today, according to data from ...
On March 30, 2007, Altria's 88.1% stake in Kraft Foods was spun off, through a distribution of the remaining stake of shares (88.1%) to Altria shareholders. That same year, Altria began selling all its shares of Philip Morris International to Altria stockholders, a spin-off that was completed on March 28, 2008.
Philip Morris USA is an American tobacco company. They are a division of the American tobacco corporation Altria Group. It has been the leading cigarette manufacturer in the U.S. since the late 20th century. Its major brands include Marlboro, Virginia Slims, Benson & Hedges, Merit, and Parliament. The company was incorporated in New York City ...
Over the last decade, for instance, Altria stock has delivered a 120% total return, while S&P 500 investors enjoyed gains of 238%. This handicap makes Altria stock a buy for some, but not all.
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related to: altria kraft stock split form for today news headlines in english