Cigarettes Help Light Altria Profit
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Altria Group Inc. MO.N, whose  products range from Marlboro cigarettes to Kraft macaroni and  cheese, on Tuesday posted higher quarterly profit, helped by  higher cigarette sales outside the United States.
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NEW YORK, August 25 (New Ratings) - Altria Group Inc (MO.NYS), the parent group of the tobacco company, Philip Morris, raised its regular quarterly dividend today from $0.
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Altria Group Inc  posted a 26 percent decline in quarterly earnings on Wednesday due to the spinoff last year of Kraft Foods, and set March 28 as the date for its planned spinoff of Philip Morris International.
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Imperial Tobacco , which is looking to take over rival Altadis , met forecasts with a 12 percent rise in annual earnings on Tuesday, but a delay until January in completing the Altadis deal hit its shares.
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NEW YORK -- Altria Group said Wednesday it would spin off its international tobacco business on March 28, freeing it to pursue cigarette sales more aggressively outside the U.S. by separating it from its American counterpart.
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Wall Street got more hints that Altria Group Inc., owner of the Philip Morris cigarette companies, may be closer to splitting its domestic and international divisions.
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Philip Morris USA has raised prices on  certain cigarette brands by 10 cents per pack, effectively  matching an increase last month on its top brands such as  Marlboro, tobacco industry analysts said.
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NEW YORK  - New research from Italy provides additional evidence that banning smoking in public places may help prevent heart attacks, at least over the short term.
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Australia's Tabcorp Holdings Ltd.   posted a 3.6 percent fall in first-half profit  Tuesday, partly due to the impact of smoking bans at its  casinos, and ruled out major acquisitions until its performance  improved.
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Altria Group Inc., the parent company of cigarette maker Philip Morris and Kraft Foods Inc., may split into three separate units to improve shareholder value, according to Chief Executive Louis Camilleri.
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European Union regulators unveiled 42 anti-smoking pictures that EU nations can use on cigarette packages to limit the market for tobacco companies including Altria Group Inc.
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In the best combination of tobacco &#39;n&#39; food news since Homer Simpson&#39;s tomacco, today Altria Group (NYSE: MO) and its cheesy stepchild Kraft (NYSE: KFT) both upped their dividends.
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Altria Group Inc., owner of the Philip Morris cigarette companies, said Wednesday that second-quarter income fell more than 18 percent but also reported a rise in profit from continuing operations and revenue.
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Altria Group Inc.  posted lower quarterly profit on Wednesday, due in part to costs for closing a U.S. cigarette plant as it moves some production to Europe to cut costs and reduce excess capacity.
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U.S. blue chips rose on Thursday, led  by Altria Group Inc. MO.N and other tobacco stocks, after a  federal appeals court expressed skepticism about whether the  government could force cigarette makers in a lawsuit to pay  billions of dollars.
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Gallaher Group, the tobacco firm being bought by Japan Tobacco, has said that its net profit jumped by 9.2 percent to 403 million pounds in 2006.
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Altria, which includes Philip Morris, has been looking for a way to extract divisions from the American tobacco unit, which has been mired in litigation for years.